Dentons advised the offering managers - including Haitong Bank, mBank, Pekao Investment Banking, Wood&Co, Raiffeisen Centrobank, Mercurius, Trigon and Vestor - on the initial public offering and listing on the Warsaw Stock Exchange (WSE) of the Polish debt collection company GetBack S.A. The company debuted on the primary market of the WSE on July 17, 2017.
Noerr has advised Coface Finanz GmbH on the agreement to continue the factoring with the insolvent company Alno AG. The provisional debtor in possession regards the conclusion of the continuation agreement as essential for preserving the business as a going concern. The provisional trustee had also given his consent to the agreement.
A team led by Dr. Anne de Boer advised FAS AG and its main shareholders on their partnership with WTS Group, which is to become a future FAS AG shareholder. FAS AG is an established company in the financial, valuation, and transaction environment in the Germany/Austria/Switzerland region. Generating sales in excess of EUR 100 million, WTS is one of the top 7 tax consulting companies in Germany. The partnership will give FAS AG and its clients access to comprehensive tax expertise. In addition, the company will benefit from the international consulting network WTS Global.
Squire Patton Boggs has advised Raiffeisen Bank International AG in Vienna on the securitization of a portfolio of German law, French law and Spanish law-governed trade receivables originated by the German, French and Spanish operating entities of the EuroChem Group AG to the value of €150 million.
On 16 July 2017, advised by King & Wood Mallesons (KWM), Beijing Zhongguancun Bank Corporation Limited (Zhongguancun Bank) was opened, making it the first private bank in Beijing. With a registered capital of RMB 4 billion, the bank has 11 shareholders, which are listed companies located in the Zhongguancun area. As a financial institution founded to promote Beijing’s financial development, the incorporation and establishment of Zhongguancun Bank is a practical measure to deepen supply-side structural reform in the city’s finance field.
Dentons is pleased to have advised Industrial and Commercial Bank of China Limited London Branch (ICBC London), the world's largest bank by total assets, on its agreement with Everton Football Club which will see the bank provide the Premier League Club with a £60 million three-year revolving credit facility. The deal represents the first time ICBC London has provided funding to a Premier League Club.
Shearman & Sterling advised Abu Dhabi Global Market (ADGM) on the establishment of the ADGM Arbitration Centre and on its agreement to host the first representative office of the ICC Court of Arbitration in the Middle East.
Sidley represented the underwriters, including ICICI Securities Limited, HDFC Bank Limited, Motilal Oswal Investment Advisors Private Limited and Citigroup Global Markets India Private Limited, in a Section 4(a) and Regulation S initial public offering of AU Small Finance Bank. The total offering amount was approximately US$295 million.
Sidley represented Axis Capital Limited, Citigroup Global Markets India Private Limited and Credit Suisse Securities (India) Private Limited as underwriters in the Section 4(a) and Regulation S compliant initial public offering of Eris Lifesciences Limited. The total offering amount was approximately US$270 million. This offering is the largest pharmaceutical company IPO from India to date and one of the largest private exits ever by way of an IPO.
The Firm is representing J.P. Morgan Europe Limited, JPMorgan Chase Bank N.A. and Goldman Sachs Bank USA in connection with the £1.115 billion bridge financing for Michael Kors (USA), Inc. and Michael Kors Holdings Limited related to the announced acquisition of Jimmy Choo PLC.