Matheson recently advised Landesbank Baden-Wurttemberg (LBBW) on the creation of the first digital platform for the issuance of commercial paper.

The Weinberg Capital programme, an asset-backed commercial paper (ABCP) programme sponsored by LBBW, was amended to enable the Irish conduit issuer to create and issue commercial paper using distributed ledger technology (DLT) based on the Corda platform.  The commercial paper is governed by Irish law.

On Feb. 22, 2019, HPC Housing Investment Corporation ("HI-C") closed a $33.1 million private placement of Senior Unsecured Series Notes, the proceeds of which will be advanced to provide long term financing for affordable housing projects in Canada. The Canada Life Assurance Company is the sole investor in the Notes.

This project is being developed by a subsidiary of EdgeConneX Inc., a US-based data center company. EdgeConneX is specialized in worldwide solutions for edge-network datacenters. The project will be funded through a mix of equity, an equity bridge loan and senior project financing debt.
Clifford Chance provided advise to a syndicate of banks consisting of ABN AMRO Bank N.V., ING Bank N.V., Banco Santander S.A., and Natixis.

Global law firm White & Case LLP has advised FFP, a listed company controlled by the Peugeot family Group, on the sale of its 5.9 percent stake in DKSH, a leading Swiss market expansion services group with a focus on Asia.

DKSH's shares are listed on SIX Swiss Exchange and were sold via an institutional private placement with qualified investors by way of an accelerated bookbuilding for a total amount of CHF 212 million. The placement was managed by Credit Suisse, as sole Bookrunner.

Cravath represented the European Investment Bank in connection with its $3 billion registered notes offering. The European Investment Bank, which functions as the bank of the European Union, supports projects that make a significant contribution to growth, employment, economic and social cohesion and environmental sustainability, both in the EU and beyond. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on February 21, 2019.

Davis Polk advised the underwriters in connection with an SEC-registered Schedule B debt offering by The Korea Development Bank of $500 million aggregate principal amount of its 3.00% notes due 2022 and $500 million aggregate principal amount of its 3.25% notes due 2024.

The Davis Polk corporate team included partner James C. Lin and registered foreign lawyer Tae-Hun Kim. All members of the Davis Polk team are based in the Hong Kong office.