Freshfields Bruckhaus Deringer has advised HSBC, Huatai Securities and Morgan Stanley as the joint global coordinators in the spin-off of A-Living Services Co. Ltd. from Agile Group Holdings Ltd. and the offering and separate listing of H shares of A-Living on the Hong Kong Stock Exchange.

The transaction, which closed today (9 February 2018), involved the offering and listing of approximately 333m H shares. It raised gross proceeds of approximately US$526m (HK$4.1bn).

Global law firm Herbert Smith Freehills has advised the underwriting banks Citigroup (Senior Global Coordinator), HSBC (Global Coordinator), BofAML (Senior Global Bookrunner), Deutsche Bank (Global Bookrunner) and Ak Yatirim (Domestic Lead Manager) on the US$393 million (TL1.48 billion) initial public offering of Enerjisa Enerji A.S. on the Borsa Istanbul.

Cleary Gottlieb represented Unifin Financiera, S.A.B. de C.V., SOFOM, E.N.R. (Unifin) in a Rule 144A/Regulation S offering of $300 million of senior notes.

Freshfields Bruckhaus Deringer has advised HSBC, Huatai Securities and Morgan Stanley as the joint global coordinators in the spin-off of A-Living Services Co. Ltd. from Agile Group Holdings Ltd. and the offering and separate listing of H shares of A-Living on the Hong Kong Stock Exchange.

The transaction, which closed today (9 February 2018), involved the offering and listing of approximately 333m H shares. It raised gross proceeds of approximately US$526m (HK$4.1bn).

Freshfields Bruckhaus Deringer has advised HSBC, Huatai Securities and Morgan Stanley as the joint global coordinators in the spin-off of A-Living Services Co. Ltd. from Agile Group Holdings Ltd. and the offering and separate listing of H shares of A-Living on the Hong Kong Stock Exchange.

The transaction, which closed today (9 February 2018), involved the offering and listing of approximately 333m H shares. It raised gross proceeds of approximately US$526m (HK$4.1bn).

Davis Polk is advising a major creditor and backstop party in the $20 billion restructuring of Brazilian telecommunications provider Oi S.A. Oi’s Recuperação Judicial (a proceeding under Brazil’s bankruptcy law) is the largest court-supervised restructuring ever to take place in Latin America. In addition to the proceedings in Brazil, Oi is also subject to chapter 15 cases in the United States and ancillary proceedings in other foreign jurisdictions.

Baker McKenzie advised Credit Suisse as sole arranger on an unitranche-financing including a working capital facility, a premiere on the German Market.

Credit Suisse arranged the unitranche-financing including a working capital facility for an acquisition financing. As sole mandated lead arranger the bank also acted as underwriter. The syndication for the financing is still pending.

Ashurst advised SEB AG on financing the acquisition of Schroth Safety Products (Schroth), a global leader in the development and manufacturing of occupant protection systems for specialised applications in aerospace, motorsports, defense, and medical transport, by international private equity firm Perusa. The purchase was part of a management buyout (MBO) with Perusa Partners Fund 2, L.P. as majority shareholder as well as dedicated Schroth managers from both Germany and the United States of America. Schroth was sold by its parent company TransDigm Group Incorporated.

Herbert Smith Freehills has advised the joint lead managers of Westpac Banking Corporation’s (Westpac) offer of new Additional Tier 1 capital securities known as Westpac Capital Notes 5 (Notes), which will seek to raise up to A$750 million, with the ability to raise more or less (Offer).

Westpac also announced a reinvestment offer under which eligible holders of Westpac CPS may apply to sell some or all of their Westpac CPS and reinvest the proceeds in the Notes (Reinvestment Offer).

Herbert Smith Freehills has advised the joint lead managers of Westpac Banking Corporation’s (Westpac) offer of new Additional Tier 1 capital securities known as Westpac Capital Notes 5 (Notes), which will seek to raise up to A$750 million, with the ability to raise more or less (Offer).

Westpac also announced a reinvestment offer under which eligible holders of Westpac CPS may apply to sell some or all of their Westpac CPS and reinvest the proceeds in the Notes (Reinvestment Offer).