Clifford Chance has advised the International Finance Corporation (IFC), a member of the World Bank Group, on the sale of a 4.75% stake in the BCP Group to La Mutuelle agricole marocaine d'assurances (Mamda) and La Mutuelle centrale marocaine d'assurances (MCMA) for an amount of MAD 2.4 billion ($ 245.5 million).

Clifford Chance advised IFC with the team of Clifford Chance Casablanca composed by Mustapha Mourahib, partner, Ouns Lemseffer and Gauthier Verdon, senior associates.

Brightfolk A/S, a company controlled by Anders Holch Povlsen, has agreed to invest in Klarna through the acquisition of existing shares from the current shareholders General Atlantic, DST Global and Niklas Adalberth, all three of which remain as shareholders in Klarna following the acquisition. The acquisition is conditional on the approval from the Swedish Financial Supervisory Authority.

Klarna was advised by Mannheimer Swartling in the transaction.

Mayer Brown JSM advised Bank of Communications International Holdings Co. as sole global coordinator of the Republic of Maldives' recent issuance of US$200 million 7.0% notes due 2022.

BOCOM International (BOCMI) is the securities arm of China's fifth-largest bank. The debut US dollar bond issued by the island nation marked the first transaction in which a Chinese investment bank has been the sole lead of an international sovereign bond issuance.

Hill Dickinson has acted for Lloyds Bank plc on the financing of Elitetele.com’s acquisition of Nexus Telecommunications, its 15th acquisition since 2008.

Based in Chorley and founded in 2000, Elite is a unified communications provider. Its take-over of Leeds-headquartered Nexus is its largest deal to date, creating a group with sales of £50m.

The group will have 165 staff across seven locations, with Nexus contributing £16m of revenue and 35 staff.

Shearman & Sterling advised Bank of America Merrill Lynch, Morgan Stanley and China Merchant Securities as joint sponsors, joint global coordinators and joint bookrunners on the US$510 million global offering and initial public offering of WuXi Biologics (Cayman) Inc. (WuXi Biologics) on the Main Board of The Stock Exchange of Hong Kong Limited.

Jones Day is representing Japan Bank for International Cooperation ("JBIC"); The Bank of Tokyo-Mitsubishi UFJ, Ltd., as lender and administrative agent; Sumitomo Mitsui Banking Corporation; and Mizuho Bank, Ltd., as lenders, in connection with a US$500 million syndicated credit facility for Minera Escondida Limitada ("MEL"), a Chilean mining company and operator of the largest copper mine in the world, jointly owned by BHP Billiton Ltd., The Rio Tinto Corporation plc, and JECO Corporation/JECO 2 Ltd. (consortia lead by Mitsubishi Corporation).

* ChemChina's US$43bn acquisition of Syngenta is the largest overseas takeover by a Chinese company in history
* Linklaters advised lenders on the US$20bn bridge facilities for the acquisition

Linklaters advised HSBC Bank plc on the US$20bn loan facilities for the acquisition of Syngenta AG, the Swiss seed and pesticide maker, by China National Chemical Corporation (ChemChina), the Chinese state-owned chemical company.
 

Cadwalader, Wickersham & Taft LLP, advised BNP Paribas, as global coordinator and administrative agent, in a $3.25 billion committed senior secured working capital facility, comprising a $1.25 billion 3-year tranche and a $2 billion 364-day tranche, with an additional $1 billion accordion feature, for Castleton Commodities International LLC (CCI), a global commodities merchant with an integrated set of operations consisting of physical and financial commodities trading and the ownership, operation, and development of commodities-related upstream and infrastructure assets.

Baker McKenzie advised lenders led by Standard Chartered Bank on a new US$1.16 billion equivalent (US$632,900,000 and €499,552,000) Dual Tenor Dual Currency Syndicated Term Loan Facility to African Export-Import Bank (“Afreximbank”). The deal raised over US$1.3billion which, following a scale-back, resulted in a final facility size equivalent to US$1.16 billion, will be used to refinance Afreximbank’s existing US$458m and EUR406.5m Term Loan Facility dated 2015 as well as for trade financing and general corporate purposes.

Houthoff Buruma advised the underwriters (Citigroup, Deutsche Bank, Société Générale, Raiffeisen and WOOD & Company) on the IPO of Netherlands-based Digi Communications N.V. on the Regulated Spot Market of the Bucharest Stock Exchange. Digi Communications is the controlling shareholder of RCS & RDS S.A., a leading provider of telecommunication services in Romania and Hungary. The IPO comprised an offer of class B ordinary shares by existing shareholders. Each class B ordinary share confers the right to cast one vote.