Global law firm Norton Rose Fulbright has acted for a syndicate of financiers on the $2.25 billion refinancing of the Reliance Rail NSW Rolling Stock PPP.

Reliance Rail is a public-private partnership that has the contract to manufacture and maintain 626 suburban passenger train carriages for Sydney’s rail network.

The project, originally signed in December 2006, to finance, manufacture and maintain the suburban passenger trains for 30 years, was the largest passenger train order in Australian history, costing $3.6 billion.

King & Wood Mallesons (KWM) is advising Bank of Queensland Limited (BOQ) on its offer of Capital Notes to raise $325 million, with the ability to raise more or less.
 
BOQ is issuing Capital Notes to raise Additional Tier 1 Capital, which will be used for BOQ’s general corporate and funding purposes, including the partial refinancing of BOQ’s Convertible Preference Shares issued in 2012 through a reinvestment offer.
 

Ashurst advised Jefferies International as nominated adviser and sole bookrunner on the AIM IPO of Ten Lifestyle Group plc (the "Company"), a technology-enabled lifestyle and travel platform providing trusted concierge services to the world's wealthy. 

The IPO comprised a placing of 13.4 million new ordinary shares and 10.6 million existing shares at 134 pence per share, raising total gross proceeds of £32.2 million.  The Company also raised an additional £7.6 million from the exercise of share options.

Ashurst advised a banking syndicate comprising SEB AG, UniCredit Bank AG and Bremer Kreditbank AG on financing the acquisition of svt Group (svt), a leading provider of solutions for preventative or passive fire protection and damage management in Germany, by Ergon Capital Partners (Ergon). Svt was sold by Pan-European private equity firm IK Investment Partners (IK). Financial terms of the transaction are not disclosed.

Watson Farley & Williams (“WFW“) has advised BPER Banca and MPS Capital Services regarding the financing documentation relating to a circa €16m 2016 project financing to be amended following the sale of the borrower, Idroemilia Srl (“Idroemilia”), to Alps Energy RE Fund (“Alps Energy”). Alps Energy is managed by Serenissima SGR.

Allen & Overy has advised a consortium of six banks on the purchase of USD470 million worth of senior variable funding notes issued by Trafigura Commodities Funding Pte Ltd (“TCF”), a non-recourse, stand-alone special purpose vehicle launched by Trafigura Pte Ltd (“Trafigura”), one of the world’s leading independent commodity trading and logistics companies.

Gide has advised the International Finance Corporation (IFC), the Government of Rwanda, the Rwanda Development Board and the Water and Sanitation Corporation (WASAC) on the bulk water treatment and supply PPP to Kigali.

Gide has advised Crédit Logement on its tender offer on two series of subordinated notes.

Concurrently with the tender offer, Crédit Logement issued EUR500 million 1.350 per cent. subordinated fixed rate resettable notes due in 2029 and admitted to trading on the Euro MTF.

Gide’s team was led by Hubert du Vignaux (partner), assisted by Laurent Vincent (counsel), Aude-Laurène Dourdain and Louis Ravaud.

The bank syndicate was assisted by Allen & Overy.

The Firm represented the underwriters, Goldman Sachs (Asia) L.L.C., Morgan Stanley, J.P. Morgan and China Renaissance, in connection with the initial public offering and listing on the New York Stock Exchange of American Depositary Shares (ADSs) of Jianpu Technology Inc. The offering of 22,500,000 ADSs, representing 56,250,000 Class A ordinary shares, raised US$167.4 million of gross proceeds to the company before exercise of the greenshoe.

The firm advises ABN Amro and Allianz on the financing of the recently acquired property “The Atrium” at the South-Axis in Amsterdam.

International law firm Simmons & Simmons has advised ABN Amro and certain Allianz entities on the financing of the recently acquired property “The Atrium” at the South-Axis in Amsterdam by funds managed by French investors Amundi Real Estate and Korean investors.