Resource

 

 

 

 

 

 

 

 

 

 

 

Finance & Banking

White & Case Advises Intesa Sanpaolo on US$2.5 Billion Yankee Bond Issuance

24 Jan 2018

Global law firm White & Case LLP has advised Intesa Sanpaolo S.p.A. on a US$2.5 billion issuance of Yankee bonds under its US$50 billion Medium Term Note Programme.

The issuance consists of US$1 billion 3.375% senior notes due 2023, US$1 billion 3.875% senior notes due 2028 and US$500 million 4.375% senior notes due 2048, issued pursuant to Rule 144A under the US Securities Act.

Clifford Chance advising the EBRD in its financing to Figeac Aéro, the leading aerospace supplier, for the expansion of its activities in Morocco and Tunisia

24 Jan 2018

Clifford Chance advised the European Bank for Reconstruction and Development (EBRD) on its € 38 million loan to Figeac Aéro, a fast-growing French aerospace supplier, for the expansion of its production facilities in Morocco and in Tunisia.

Figeac Aéro is a company listed on Euronext Paris and is positioned as a major player in the production of aerostructures and high precision metal parts for major aircraft manufacturers and their suppliers.

Stephenson Harwood advises China Development Bank on US$1.6 billion financing of Yamal LNG ice-class carriers

24 Jan 2018

Law firm Stephenson Harwood LLP has advised China Development Bank on the US$1.6 billion financing of six Arc7 LNG carrier newbuildings for a joint venture between Teekay LNG Partners and China LNG Shipping. The first vessel – EDUARD TOLL – was delivered earlier this month.

The vessels will operate under long-term charters servicing the Yamal LNG project in Russia and will have ice-breaking capabilities which will enable year-round use of the Arctic sea routes.

Stephenson Harwood advises China Development Bank on US$1.6 billion financing of Yamal LNG ice-class carriers

24 Jan 2018

Stephenson Harwood LLP has advised China Development Bank on the US$1.6 billion financing of six Arc7 LNG carrier newbuildings for a joint venture between Teekay LNG Partners and China LNG Shipping. The first vessel – EDUARD TOLL – was delivered earlier this month.

The vessels will operate under long-term charters servicing the Yamal LNG project in Russia and will have ice-breaking capabilities which will enable year-round use of the Arctic sea routes.

Clifford Chance advising the EBRD in its financing to Figeac Aéro, the leading aerospace supplier, for the expansion of its activities in Morocco and Tunisia

24 Jan 2018

Clifford Chance advised the European Bank for Reconstruction and Development (EBRD) on its € 38 million loan to Figeac Aéro, a fast-growing French aerospace supplier, for the expansion of its production facilities in Morocco and in Tunisia.

Figeac Aéro is a company listed on Euronext Paris and is positioned as a major player in the production of aerostructures and high precision metal parts for major aircraft manufacturers and their suppliers.

South Korea’s Kakao Corp Completes US$1 Billion GDR Offering

24 Jan 2018

Paul Hastings, a leading global law firm, announced today that the firm represented the underwriters in the US$1 billion GDR offering by Kakao Corp., the operator of leading mobile and online platforms in Korea. This marks the largest overseas-listed equity offering by a Korean issuer in a decade.

The GDRs will be listed on the Singapore Exchange, while the underlying common shares will be listed on the Korea Exchange.

JEANTET ADVISED GENES DIFFUSION IMMOBILIERE ET FINANCIERE IN THE ACQUISITION OF EUROGEN

24 Jan 2018

Jeantet advised Genes Diffusion Immobiliere et Financiere on the acquisition of a 51% interest in Eurogen, a specialist in freezing and distribution of equine semen in France.

Jeantet's team consisted of Philippe Portier, Partner (Corporate-Finance team), Guillaume Fornier and Solene Thomas, Associates (Corporate-Finance team).

The sellers were advised by InExtenso with Yves Mercier and Guillaume Legue

Ashurst advises on €412.7m note issuance by Harvest CLO XVIII DAC

24 Jan 2018

Ashurst advised The Bank of New York Mellon as trustee and in its agency capacities in connection with various classes of notes issued by Harvest XVIII CLO DAC, totalling €412.7 million and due in 2030. 

The Ashurst team was led by corporate trust (DCM) partner Malcolm Charles, assisted by associates Ciaran Vinaccia and Sophia Bathgate.

Allen & Overy advises DZ BANK AG on EUR 170 million loan for Raiffeisen Waren-Zentrale Rhein-Main

23 Jan 2018

Allen & Overy LLP has advised DZ BANK AG as arranger and documentation agent on a secured syndicated loan in the amount of EUR 170 million granted to Raiffeisen Waren-Zentrale Rhein-Main eG.

The financing was arranged by DZ BANK AG, along with Coöperatieve Rabobank U.A., Frankfurt am Main branch, Landesbank Baden-Württemberg, NIBC Bank Deutschland AG, Norddeutsche Landesbank -Girozentrale- and UniCredit Bank AG.

The Allen & Overy team comprised counsel Dr. Mark Hallett and senior associate David J. Schmidt (both banking and finance, Frankfurt).

Dentons advises BankDhofar on US$104 million rights issue

23 Jan 2018

Dentons is pleased to have advised BankDhofar SAOG (BankDhofar) on its recent fully subscribed rights issue of OMR40 million (circa US$104 million). The transaction follows BankDhofar's fully subscribed rights issue in 2016, which Dentons also advised on.

Dentons Managing Partner and Head of Corporate in Muscat, Nick Simpson, led the team, working with assistance from partner Dali Al Habboub, senior associate Darshi Sanganee, associate Fatma Al Rashdi and paralegal Raiyan Al Toky.