Leading international law firm Clifford Chance advised the joint sponsors and underwriters including Morgan Stanley, Bank of America Merrill Lynch and Credit Suisse on China Literature's US$1.1 billion (HK$8.3 billion) initial public offering on the Hong Kong Stock Exchange. The deal received exceptionally strong demand in all three tranches of the offering. The retail tranche was more than 625 times oversubscribed attracting over 400,000 applications and application monies of over US$66 billion (HK$520 billion), making it the second most oversubscribed deal in Hong Kong.

Eversheds Sutherland has advised Bayerische Landesbank (BayernLB) on the financing of 100 New Oxford Street, London, a mixed-use commercial property. BayernLB financed 50 per cent of the £180 million purchase price.

Acquired by AEW (for two German institutional investors), one of the world's largest real estate asset managers, and Thor Equities, a leading development, leasing and management company, 100 New Oxford Street houses shops, restaurants and offices.

Slaughter and May, working as part of an integrated team with Cravath, Swaine & Moore LLP, advised INEOS Finance plc and INEOS US Finance LLC on the raising of an additional USD 1,660 million and EUR 2,060 million of term loans under the existing credit agreement and INEOS Finance plc on its offering of EUR 550 million 2  1/8 % senior secured notes. The proceeds of the new term loans and the notes were used to redeem in full INEOS Finance plc and INEOS US Finance LLC's existing term loan debt.

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The shares of RHI-Magnesita N.V. (RHI-Magnesita), the worldÿs largest refractory industry player, were admitted to trading on the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the London Stock Exchange’s Main Market for listed securities on 27 October 2017.

Ashurst advised Natixis Pfandbriefbank AG as mandated lead arranger and bookrunner in relation to the arrangement of a seven-year €165 million mortgage loan granted to a London-based investment company managing funds from Middle East and Asia. The loan is related to an office property located in Dusseldorf, Germany.

The circa 51,000 sqm property is fully let to a blue chip tenant on a long term lease with approximately 15 years remaining.

Clifford Chance has advised a banking syndicate on the successful IPO of Befesa S.A. at the Frankfurt Stock Exchange.

German-Spanish Befesa S.A. is a leading European provider of recycling services to the secondary steel and aluminium industries. The company was listed on the regulated market (Prime Standard segment) of the Frankfurt Stock Exchange on 3 November 2017. Befesa's issue is the second largest IPO in Germany in 2017.

Simmons & Simmons has advised Orion Mine Finance and Fusion Capital on the sale of Lynx Resources

ICBC Financial Leasing Macao Company Limited (“ICBC Leasing Macao Subsidiary”) was officially opened. As a professional subsidiary practically wholly controlled by ICBC Leasing, ICBC Leasing Macao Subsidiary is the first financial leasing company acquiring a financial leasing license in Macao owned by a mainland company since the Macao government announced its efforts to boost featured finance business.

On 31 October 2017, China United Network Communications Corporation Limited (China Unicom) successfully completed its non-public issuance of 9 billion A-shares to the strategic investors. As crucial parts of China Unicom's mixed-ownership reform, this issuance, China Unicom’s transfer of 1.9 billion shares to China Structural Reform Fund Co., Ltd. and the employee equity incentives raised a total of RMB 78 billion.

Clifford Chance is advising investment bank J.P. Morgan acting as financial advisor and provider of acquisition financing to Germany-based infrastructure group Hochtief AG in connection with its voluntary tender offer for Spanish Abertis Infraestructuras S.A.

A merger of Hochtief and Abertis would create one of the world's leading infrastructure companies. The Hochtief tender offer is a counterbid to an offer by Italian Atlantia, S.p.A., making the transaction the first major competing tender offer in Spain in more than 10 years.