Al Tamimi’s Equity Capital Markets team has advised on a USD 4.5 million share repurchase programme for a UK plc listed on Nasdaq Dubai, one of the very few share repurchase programmes that has been carried out for a listed company since the inception of the exchange.
Cravath represented the European Investment Bank in connection with its $4 billion registered notes offering. The European Investment Bank, which functions as the bank of the European Union, supports projects that make a significant contribution to growth, employment, economic and social cohesion and environmental sustainability, both in the EU and beyond. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on January 15, 2019.
Global law firm White & Case LLP was legal advisor to Yapi Kredi Bank, one of the largest private banks in Turkey, on its inaugural offering of US$650 million Perpetual Fixed Rate Resettable Additional Tier 1 Notes.
Shearman & Sterling advised the Cyprus Cooperative Bank on the sale of certain assets and liabilities to Hellenic Bank. The transaction involved the acquisition of around €10.3 billion of assets.
The Team
Frank Miller
David Dixter
Patrick Clancy
Simon Letherman
Barnabas Reynolds
James Webber
Kolja Stehl
Brandon Whittaker
Nick Withers
Dechert LLP advised China Everbright Limited (“Everbright”) on the final closing of US$539 million raised for its cross-border CEL Global Investment Fund, L.P. (“the Fund”) from investors, including institutions, corporate investors, family offices and fund of funds.
China Everbright is a Hong Kong-listed financial conglomerate engaged in fund management and principal investment. It currently has HK$138.9 billion in assets under management across 55 funds.
With a Frankfurt-based team led by partner Thomas K. Schrell, business law firm Heuking Kühn Lüer Wojtek advised HF Private Debt on the growth financing of ICP group.
In connection with the acquisition of ICP Transaction Solutions GmbH by Operando Partners and other investors, HF Private Debt Fund SCSp provided debt financing for the further expansion of ICP group. The funding volume was not disclosed.
The Banking & Finance practice group of Baker McKenzie Italy, coordinated by Partner Alberto Fornari, assisted Banco BPM S.p.A. and Banco del Mezzogiorno - MedioCredito Centrale S.p.A. in financing some companies of the Studio Vacanze Group.
The team involved in the operation was composed of Counsel Giorgio Telarico, assisted by Danila Quetti and Francesco Ciociola for the financial profiles and of Counsel Luca Vincenzi and Associate Leonardo Fortunato for the tax profiles.
The Paris office advised the commercial lenders and institutional investors on a €2.2 billion refinancing of a portion of the Tours-Bordeaux SEA high-speed line concessionaire’s (LISEA) debt, the largest refinancing of an infrastructure project in France.
LISEA, a subsidiary of VINCI Concessions, and the concession company that will be operating the South Europe Atlantic high-speed rail line until 2061, has refinanced €2.2 billion of the debt to finance the construction of the rail line between Tours and Bordeaux.
Global law firm White & Case LLP has advised the senior lenders to Bright Energy Investments, the renewable energy investment vehicle established by Synergy with DIF and CBUS, on the limited recourse project financing of the development of the Warradarge Wind Farm in Western Australia.
The Warradarge Wind Farm is a 180 MW greenfield project located near Eneabba in Western Australia and upon completion, is expected to generate sufficient electricity to power 135,000 Western Australian homes.
On 14 December 2018, "First Capital-CUL&TECHFLCO Asset-backed Specific Plan Phase I" ("CUL&TECHFLCO ABS Phase I"), as China's first asset-backed securities with the financial leases of intellectual property as the underlying asset, obtained the No Objection Letter for its listing on Shenzhen Stock Exchange ("SZSE"). The CUL&TECHFLCO ABS Phase I was secured by pools of the underlying assets of the originator, Beijing Culture & Technology Financial Leasing Co., Ltd.