Advising La Banque Postale in connection with the acquisition of the start-up KissKissBankBank & Co.

De Pardieu Brocas Maffei advised Export-Import Bank of China on the debut offering of US $300,000,000 Floating Rate Notes Due 2020 issued by the Export-Import Bank of China, Paris Branch, under the US $27,000,000,000 Medium Term Notes Programme (the “Programme”).

The joint lead managers of the issue were Bank of China Limited, Bank of Communications Co., Ltd. Hong Kong Branch, Barclays Bank PLC, Crédit Agricole Corporate and Investment Bank, MUFG Securities EMEA plc, Australia and New Zealand Banking Group Limited and KGI Asia Limited.

On 2 July 2017, the People's Bank of China and the Hong Kong Monitory Authority released a joint announcement on the official launch of the mutual access scheme between the bond markets in Hong Kong and the Mainland (“Bond Connect”) starting 3 July 2017. Acting as the legal adviser to China Foreign Exchange Trade System & National Interbank Funding Center (CFETS), King & Wood Mallesons (KWM) had the honour of assisting with the successful launch of Bond Connect.

Banque Cantonale de Genève successfully completed the placement of CHF 90 million perpetual additional tier 1 subordinated bonds and CHF 110 million tier 2 subordinated bonds due 2027. The additional tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 2.00%. The tier 2 subordinated bonds were issued at 100.024% of their nominal amount with an interest of 1.125% and will mature on 28 June 2027 at their nominal amount.

Herbert Smith Freehills has advised the underwriting banks, led by Bank of America Merrill Lynch, Deutsche Bank and Davy acting as joint global co-ordinators, on Allied Irish Banks p.l.c.'s (AIB) €12 billion listing on the Irish Stock Exchange and London Stock Exchange. This is the biggest flotation in London since 2011.

London—Dentons has advised OakNorth Bank (OakNorth), the UK bank that is democratising non-standard lending, on its £20 million leveraged term, capex and revolving credit facilities with Brasserie Bar Co Ltd (Brasserie Bar), the group behind restaurant and pub brands Brasserie Blanc and the White Brasserie Company.

Shearman & Sterling represented the initial purchasers, led by Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as global coordinators on Reckitt Benckiser’s US dollar bond offering in connection with its acquisition of Mead Johnson Nutrition Company.  The $7.75 billion senior notes offered by Reckitt Benckiser Treasury Services plc were sold by way of a private placement.

Hogan Lovells has advised the Single Resolution Board, the banking resolution authority of the Eurozone, with respect to the two Italian banks Banca Popolare di Vicenza S.p.A. and Veneto Banca S.p.A.

Clifford Chance has advised Bremer Kreditbank AG (BKB) on the acquisition of Allianz Deutschland AG's entire stake representing the amount of approximately 90.2% of the shares in Oldenburgische Landesbank AG (OLB). The corresponding agreement has been signed on Friday, 23 June 2017. The purchase price for the divested stake amounts to EUR 300 million. The remaining shares amounting to around 9.8% are held by private investors and employee shareholders, who will shortly be offered a voluntary takeover bid by BKB.

LONDON, June 28, 2017 – Milbank, Tweed, Hadley & McCloy LLP has represented the largest lender in connection with the successfully completed $750 million PIK loan restructuring of Algeco Scotsman, a leading global business services provider of modular space, secure storage solutions and remote accommodations. The restructuring was implemented pursuant to an English scheme of arrangement following an earlier consent solicitation and exchange offer.