Freshfields Bruckhaus Deringer LLP ('Freshfields') has advised the National Bank of Greece S.A. ('NBG') on its sale of a 75 per cent stake in Ethniki Hellenic General Insurance S.A. ('Ethniki Insurance') to EXIN Financial Services Holding B.V. ('EXIN') for a total consideration of EU718m.
Herbert Smith Freehills is pleased to have acted for Australia and New Zealand Banking Group Limited, ANZ Bank New Zealand, The Hongkong and Shanghai Banking Corporation Limited, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Westpac Banking Corporation and Westpac New Zealand Limited as Australian counsel in relation to the A$500 million refinancing of Bapcor Limited’s existing debt facilities.
International law firm Simmons & Simmons has advised BNP Paribas, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, Credit Suisse Securities (Europe) Limited, Lloyds Bank plc and UBS Limited as managers on an issuance of U.S.$750m Perpetual Fixed Spread Callable Notes by Demeter Investments B.V. which are secured by, among other things, a facility agreement entered into with Swiss Re Ltd and up to U.S.$750m Perpetual Subordinated Fixed Spread Callable Loan Notes of Swiss Re Ltd.
Orrick advised Deutsche Börse Group in its strategic partnership with Trumid, a financial technology company that provides an electronic trading network for corporate bonds.
The Group will invest US$10 million for a minority stake as an add-on to Trumid’s previously disclosed US$28 million financing from earlier this year. Trumid will use the new funding to continue enhancing and expanding its technology offering. Both firms will work together to develop products and services for the European market.
Ashurst advised UniCredit Bank AG as lender, mandated lead arranger, bookrunner, facility agent and security agent on the financing of the acquisition of DuMont Carré shopping centre in Cologne by European Property Investors Special Opportunities 4, a fund managed by Tristan Capital Partners.
DuMont Carré, located in Cologne's inner-city on Breite Straße, was sold by a closed-end real estate fund based in Germany. Unicredit has taken over the entire underwriting for the financing.
With effect as of 30 June 2017, KSG Leiterplatten GmbH, headquartered in Saxony, acquired Häusermann GmbH, based in Gars am Kamp in Lower Austria. In this cross-border transaction, these two successful and growing companies in the European circuit board industry join forces.
UBS (France) SA, the French subsidiary of Swiss bank UBS, has acquired 100% of the share capital and voting rights of France-based private bank Banque Leonardo from Banca Leonardo, an Italian private and independent investment bank.
DLA Piper lawyers from Corporate, Litigation & Regulatory, Employment, IPT, Tax and Finance provided support, including UK based Corporate partner Jon Hayes and senior associate Rebecca Holden, along with partners Michael McKee (Regulatory), Roger Gough and Peter Brook (Commercial Contracts), and Australian partners Nicholas Turner (Employment) and Onno Bakker (Finance).
Houthoff Buruma advised a multinational financial services company on the outsourcing of the administrative servicing of a consumer mortgage portfolio to a Netherlands-based financial services provider.
Houthoff Buruma team included: Thomas de Weerd , Jan Brölmann
Advising a banking pool of 7 banking institutions (Société Générale CIB, BNP PARIBAS, Crédit Agricole CIB, HSBC, JP MORGAN, CIC Nord Ouest, Banque Commerciale du Marché Nord Europe) in connection with the financing of a €400 million RCF line of credit for OVH, the European leader of the cloud, and with its debt refinancing. This operation will strengthen OVH financing structure to support its global expansion strategy over the next 5 years.