GSK Stockmann has advised Erwe on the acquisition of the shopping mall Postgalerie in Speyer with an investment volume of approximately EUR 35 million for the purchase and necessary refurbishment.
International law firm Simmons & Simmons has advised on the Republic of Italy’s buy-back for the record amount of EUR 4.2bn of its EUR 22.418bn BTP Italia issuance, the largest sovereign bond in Europe to date.
Concurrently to the buy-back, the Republic of Italy placed, through a syndicate, an additional five tranches of BTP and CCTeu in the aggregate amount of EUR 4.2bn.
Banca IMI S.p.A. and UniCredit S.p.A. acted as Dealer Managers and Joint Lead Managers in relation to both the buy-back and the syndicated placement.
NautaDutilh assisted BNP Paribas Fortis and Bank Degroof Petercam acting as Joint Lead Managers on a EUR 100,000,000 bond issue by Immobel.
The bonds were placed through a private placement with institutional and private investors, mainly situated in Belgium, in France and in the Grand Duchy of Luxemburg.
The bonds will be listed on Alternext Brussels.
The NautaDutilh team was composed of Nicolas de Crombrugghe and Lorraine Vercauteren.
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.
Gide advised Crédit Agricole CIB on the issuance of EUR 500 million senior non-preferred notes by Crédit Mutuel Arkéa admitted to trading on the Luxembourg Stock Exchange.
Gide’s team was led by Hubert du Vignaux (partner), assisted by Laurent Vincent (counsel) and Laure Bellenger (associate).
Crédit Mutuel Arkéa was advised by CMS Bureau Francis Lefebvre.
Leading international law firm Clifford Chance advised on Bank of China Limited's multi-tranche and multi-currency drawdowns under its US$30 billion medium term note programme. The transactions were undertaken by Bank of China Limited as part of the 'One Belt One Road' initiative.
Head of Capital Markets for Asia Pacific partner Connie Heng led on the deal and was supported by consultant Mark Chan, associates Torrance Shi, Jeffery Hung, Nancy Mu and trainee Angie Yeung.
The team advised the managers on the following:
We advised the Mortgage Society of Finland in the update of a EUR 1,500,000,000 programme for the issuance of senior unsecured notes, subordinated debentures and covered bonds. The programme was updated to only include wholesale instruments. The programme provides that the notes issued under the programme may be listed on the Helsinki Stock Exchange maintained by Nasdaq Helsinki Ltd.
Gernandt & Danielsson advises in Bayport’s issue of subsequent subordinated bonds in an amount of SEK 150 million within a framework amount of SEK 800 million.
Bayport Management Ltd has completed an issue of subsequent bonds in an amount of SEK 150 million. After the tap issue, the total outstanding amount of Bayport’s bond loan will amount to SEK 800 million which equals the total framework amount of the bond loan. The bond loan is listed on Nasdaq Stockholm and Bayport will apply for listing the new bonds on the Corporate Bond List at Nasdaq Stockholm.
King & Wood Mallesons (KWM) advised ASX listed fintech company, zipMoney Limited on a $260 million facility led by National Australia Bank (NAB) - representing the largest debt market deal to date in the Australian fintech sector.
NAB provided $200 million in senior funding, with the facility also including $40 million of mezzanine funding and $20 million in junior notes and equity.
KWM Partner Ian Edmonds-Wilson advised zipMoney on the landmark transaction, supported by Senior Associate Anny Chen.
Ashurst advised OneSavings Bank ("OSB" or the "group") on its debut issue of £60 million Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities that will qualify as additional tier 1 capital under the Capital Requirements Directive IV and the Capital Requirements Regulation.