Schulte represented the agents and lead arrangers in connection with a $200-million U.S. dollar-denominated term loan and a $35-million U.S. dollar-denominated revolving credit facility for ThoughtWorks Inc., a global software development and digital transformation consulting company. Proceeds from the facility were used in connection with the acquisition of ThoughtWorks by funds affiliated with private equity firm Apax Partners LP.

Cleary Gottlieb represented The Export-Import Bank of Korea (KEXIM) in its SEC-registered triple-tranche offering of $600 million floating-rate notes due 2022, $400 million 2.50 percent notes due 2020 and $1 billion 3.00 percent notes due 2022.

The transaction was a takedown from KEXIM’s shelf registration statement under Schedule B. The offering priced on October 24, 2017, and closed on November 1, 2017.

Simpson Thacher recently represented the underwriters, led by Goldman Sachs (Asia) L.L.C. and Credit Suisse Securities (USA) LLC, in connection with the offering by Weibo Corporation (“Weibo”) of US$900 million principal amount of 1.25% Convertible Senior Notes due 2022 (the “Notes”). The offering was made pursuant to Rule 144A and Regulation S, which included the exercise in full of the option to purchase an additional US$100 million principal amount of the Notes granted by Weibo.

The Firm represented the initial purchasers, led by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, in connection with a Rule 144A/Regulation S offering of $450 million aggregate principal amount of 4% Senior Notes due 2024 issued by Michael Kors (USA), Inc. and guaranteed by Michael Kors Holdings Limited and certain of its subsidiaries. The Firm also represented the arrangers in connection with a $1 billion revolving facility and an aggregate $1 billion term loan facility for Michael Kors Holdings Limited and certain of its subsidiaries.

Davis Polk advised the joint bookrunners in connection with the initial public offering by Vulcabras Azaleia S.A. and the selling shareholders of 68,420,000 common shares for an aggregate amount of approximately R$671.5 million (approximately $207.6 million). The common shares trade on the São Paulo Stock Exchange. The securities sold in the international offering were placed under Rule 144A and Regulation S.

Davis Polk advised Banco de Crédito del Perú in connection with the Rule 144A/Regulation S offering of its S/2 billion aggregate principal amount of 4.850% senior notes due 2020.

Based in Lima, BCP is the largest commercial bank in Peru, providing a full range of corporate, retail and investment banking products to clients through a nationwide distribution network.

Two solar plants totalling 80MW in Ben Ban area

US$87 million in syndicated loan

International law firm Clifford Chance has advised the lender European Bank for Reconstruction and Development (EBRD) on a US$87 million syndicated loan to Infinity for Solar Energy and IB Vogt's two solar projects in Egypt.

The investment is part of the EBRD’s US$500 million framework for renewable energy in Egypt. EBRD have currently invested €2.7 billion across 51 projects in the country.

Allen & Overy has advised the joint lead managers and joint bookrunners in connection with the offering of USD2 billion sovereign bonds by the Ministry of Finance of the People’s Republic of China.

This is the first foreign currency bond offering by the Ministry of Finance since 2004. The USD2 billion sovereign bond issue consisted of a USD1 billion 5-year tranche and a USD1 billion 10-year tranche.
 

Six solar plants totalling 400MW in Ben Ban area
Largest portfolio of projects developed by the same sponsor group as part of the Egyptian Phase 2 FiT program

International law firm Clifford Chance advised the financiers, European Bank for Reconstruction and Development (EBRD), Islamic Development Bank (IsDB) and Islamic Corporation for the Development of the Private Sector (ICD), on the financing for six solar projects in Egypt.

Madeleine Zipperle and Dr. Thorsten Kuthe advised mwb fairtrade Wertpapierhandelsbank AG on the successful issue of the Euroboden GmbH bond. Due to the high demand, the public offer ended already on the first subscription day – the period was originally set to end on November 7, 2017. The EUR 25 million issue volume was fully placed. Part of the new issue is to be used for redeeming the previous bond, while the remainder is to be used for operational business.