Ashurst advised Natixis Pfandbriefbank AG (Natixis) on financing the acquisition of landmark office building "Schicklerhaus" in Berlin-Mitte by Austrian SIGNA Group. The property was sold by Tristan Capital Partners. The parties have agreed not to disclose the purchase price and financing volume.
Fried Frank represented Sberbank in a successful challenge against an application made to the High Court by the International Bank of Azerbaijan (the “IBA”), pursuant to which the IBA sought an order for a permanent moratorium against creditor action in England and Wales. The application related to the voluntary restructuring of the IBA in Azerbaijan.
Global law firm White & Case LLP has advised the senior lenders to Chow Tai Fook Enterprises (CTFE) on the financing of its acquisition from Engie and Mitsui of the 1,000MW brown coal-fired power plant Loy Yang B in Victoria, Australia.
The Firm recently represented Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as dealer managers, in connection with a cash tender offer by Gol Finance, a subsidiary of Gol Linhas Aéreas Inteligentes S.A. (“Gol”), the Brazilian airline, to purchase for cash up to US$50 million in aggregate principal amount of its outstanding 9.25% Senior Notes due 2020. The tender offer expired on January 12, 2018. Approximately US$21.3 million in aggregate principal amount of notes was tendered.
Mayer Brown JSM represented both Standard Chartered APR and Standard Chartered Bank (Hong Kong) on the divestment of all 154 million of their shares in Asia Commercial Bank (ACB), one of Vietnam’s largest private sector banks. These shares represent 15% of ACB’s capital.
Standard Chartered APR sold 8.75% of ACB’s capital (approximately 90 million shares) to Estes Investment Ltd and Sather Gate Investment, while Standard Chartered Bank (Hong Kong) sold its 6.25% stake (or 64 million shares) to Boardwalk South, Whistler Investment and Estes Investment.
Shearman & Sterling represented The Bank of Nova Scotia in connection with its registered offering of $1 billion aggregate principal amount of 2.5% senior notes due 2021 and $500 million aggregate principal amount of floating rate senior notes due 2021.
The Bank of Nova Scotia is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia, offering a broad range of advice, products and services to its approximately 23 million customers around the world.
Global law firm White & Case LLP has advised Société Générale and Gilbert Dupont, as bookrunners, on the sale by Compagnie Financière pour l'Environnement et le Recyclage (CFER), the holding company of the Derichebourg family, of ten percent of Derichebourg SA's share capital.
Global law firm White & Case LLP has advised the initial purchasers, including Credit Suisse and Goldman Sachs International as global coordinators and joint bookrunners, and BNP Paribas as joint bookrunner, on the high yield offering of €200 million principal amount 8.00%/8.75% Senior PIK Toggle Notes due 2022 by NewCo GB, a parent entity of Burger King France.
Global law firm White & Case LLP has advised the initial purchasers, including Credit Suisse and Goldman Sachs International as global coordinators and joint bookrunners, and BNP Paribas as joint bookrunner, on the high yield offering of €200 million principal amount 8.00%/8.75% Senior PIK Toggle Notes due 2022 by NewCo GB, a parent entity of Burger King France.
Paris office represents the European Investment Bank (EIB) on its €70 million financing of SOREGIES, SERGIES and SRD of Groupe Energies Vienne, one of the largest local energy distribution companies in France.
The Paris office recently represented the European Investment Bank (EIB) on its €70 million financing of SOREGIES, SERGIES and SRD of Groupe Energies Vienne, one of the largest local energy distribution companies in France.