Travers Smith LLP has acted for Numis Securities Limited and Goodbody Stockbrokers as joint brokers and underwriters and Numis Securities Limited as nominated adviser in connection with the proposed £100 million placing and subscription (the "Fundraising") by Draper Esprit plc ("Draper Esprit").
Clifford Chance advised Citigroup Global Markets Inc. in the structuring of an innovative US$350.75 million dual offering of international and local project bonds by Autopistas del Sol, S.A., which operates the Ruta 27 toll road concession – the only project of its kind in Costa Rica. The project operator is owned by Globalvía, the world's second largest transportation infrastructure developer by number of concessions.
Clifford Chance has advised Fortune Fountain Capital (“FFC”), a prominent Asia financial group established as a family office, on its acquisition from Starwood Capital and L Catterton Partners of 88.8% of the share capital of Baccarat, the internationally renowned French luxury Crystal Maison.
FFC would acquire the shares from Starwood and L Catterton Partners at a price of €222.7 per share. The closing of the block purchase would be followed by a mandatory tender offer filed with the AMF.
Shearman & Sterling advised a syndicate of international and local banks in connection with the development and financing of the US$870 million 1.17 GW Sweihan Solar PV Independent Power Project located near Sweihan in Abu Dhabi.
Travers Smith LLP has acted for Numis Securities Limited in its capacity as sponsor, broker, underwriter and joint financial adviser in connection with the proposed £200 million firm placing, placing and open offer, and offer for subscription (the capital raising) by IP Group plc (IP Group).
The capital raising is conditional, amongst other things, on approval by IP Group's shareholders and may be increased so that gross proceeds would be approximately £266.6 million should there be sufficient demand.
Watson Farley & Williams (“WFW”) has advised a syndicate of banks consisting of BMO Capital Markets, BNP Paribas, ANZ Banking Group and Scotia Bank Europe as lenders on a Reserve-Based Lending (“RBL”) Facility with an initial availability of US$100m to the International Petroleum Corporation (“IPC”) for its inaugural financing.
Addleshaw Goddard has advised 'AG Elevate' FinTech client, PACE Invoice, an innovative multi-currency invoicing platform provider based in London on its sale to Flywire, a leading provider of international payment solutions based in the US.
Slaughter and May advised Legal & General on the annual update and amendment of its £4 billion Euro Note Programme. Under the Programme, Legal & General Group Plc have the ability to issue senior Notes and tier 2 or tier 3 subordinated Notes and Legal & General Finance PLC may issue senior Notes guaranteed by Legal & General Group Plc, in each case to be listed and traded on the Main Market of the London Stock Exchange.
DLA Piper has advised Goldman Sachs Bank USA, HSBC Bank plc and Bank of America Merrill Lynch International Limited on their financing of Tottenham Hotspur's new, multi-purpose, 61,500 seat stadium. The financing package consists of a £400,000,000 development term loan and a £25,000,000 revolving credit facility.
The innovative stadium project is one of the biggest projects of its kind in Europe and, once completed, will host NFL games and numerous other events, in addition to being Spurs' new footballing home.
Allen & Overy LLP has advised Landesbank Hessen-Thüringen Girozentrale in connection with the investment of UK private equity firm 3i in Lampenwelt, Europe's largest online specialist in the lighting space. 3i will invest alongside management and one of the current owners of the business, Walter Neumüller.