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.
The Firm represented Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BNP Paribas Securities Corp. and Crédit Agricole Corporate and Investment Bank, as the initial purchasers in the Rule 144A/Regulation S offering of $1 billion aggregate principal amount of 5.375% Senior Guaranteed Notes due 2028 by CSC Holdings, LLC (“CSC Holdings”).
Davis Polk advised Grupo Financiero Santander Mexico, S.A.B. de C.V. ("Grupo Financiero Santander Mexico") and Banco Santander (Mexico), S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico ("Banco Santander (Mexico)") on Grupo Financiero Santander Mexico's merger with and into Banco Santander (Mexico), its principal subsidiary. Shareholders received one share of Banco Santander (Mexico) for each share of Grupo Financiero Santander Mexico held, and Grupo Financiero Santander Mexico ceased to exist as a separate legal entity upon consummation of the merger.
Cleary Gottlieb represented BNP PARIBAS, Citigroup, HSBC, and UBS as joint bookrunners in a Rule 144A/Reg. S offering by Korea Southern Power Co., Ltd. (KOSPO) of $400 million 3.000 percent notes due 2021.
The notes were listed on the Singapore Exchange. The offering priced on January 22, 2018, and closed on January 29, 2018.
Linklaters has advised on the issue of £750 million Bonds due 2118 (the “Bonds”) by The Wellcome Trust, the UK’s largest charitable foundation and one of the world’s largest funders of medical research. The issue of the Bonds launched and priced on 31 January 2018.
J.P. Morgan acted as lead manager and Bank of America Merrill Lynch and Morgan Stanley acted as co-managers in respect of the issue of the Bonds. Linklaters advised the Managers on the transaction.
De Brauw has acted as Counsel to ING Bank in the acquisition of 75% stake in Payvision.
Client name
ING Bank N.V.
Other parties involved
Payvision Holding B.V., Founding management.
Nature of transaction
ING has reached agreement to acquire a 75% stake in Payvision, an international omnichannel payments service provider, valued at EUR 360 million. The founding management of Payvision will hold a 25% minority stake and will continue to lead the company. The acquisition allows ING to further invest in the payments business.
Kirkland & Ellis International LLP advised Bain Capital Private Equity on its acquisition of Bugaboo International, a Dutch design company that develops and produces mobility products. Bugaboo is particularly well known for its iconic stroller, which it launched in 1999. The transaction, the value of which was not disclosed, signed on February 2, 2018.
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The amount raised is one of the largest AIM secondary fundraising in the last 12 months and doubles the Company's market capitalisation.
The Energy team has recently completed a deal advising Mirabaud Securities Limited and Stifel Nicolaus Europe Limited on the AIM secondary fundraising by Diversified Gas & Oil plc, raising US$ 189 million. This will be used to fund acquisitions of oil and gas assets in the Appalachian basin in North America.
The Firm recently represented Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, Banco BTG Pactual S.A., Evercore Group L.L.C., Santander Investment Securities Inc., BCP Securities LLC and Banco Safra S.A., as initial purchasers, in an offering of US$150 million aggregate principal amount of additional 7% Senior Notes due 2025 by Gol Finance, a subsidiary of Gol Linhas Aéreas Inteligentes S.A. (“Gol”), the Brazilian airline.
Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s (“SMBC”) update of its US$50 billion Global Medium Term Notes Program and the offering of US$1.25 billion of senior fixed rate notes and US$750 million of senior floating rate notes thereunder. The senior notes were guaranteed by SMBC’s New York branch and offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act.