Norton Rose Fulbright has advised AnaCap Financial Partners (AnaCap), the specialist European financial services private equity firm, on its acquisition of French intelligence business provider Ellisphere from Natixis SA. The transaction was completed on April 13, 2017.

Ellisphere is a market leader in the business intelligence market in France. It provides in business and marketing information services allowing its clients to develop their portfolio of customers, manage risk and monitor client exposure.

Richard Bull, partner, Norton Rose Fulbright, comments:

Slaughter and May advised Legal & General Group Plc on its issuance of US$500 million Fixed Rate Reset Subordinated Notes due 2052 pursuant to its £4 billion Euro Note Programme. The Notes bear interest at the rate of 5.55 per cent. per annum until 24 April 2032. On such date and thereafter on each reset date, the interest rate shall be reset by reference to a reference bond rate.

Barclays Bank, Goldman Sachs International and Merrill Lynch International acted as joint lead managers.
Contacts

Richard Jones (partner) and Andrew Chaplin (associate)

On 25 April 2017, Credit Suisse Group AG announced that it plans to issue new shares in a total amount of CHF 4 billion (excluding the issuance of any new shares from the exercise of rights allotted on shares received as scrip dividend) by way of a rights offering to existing shareholders underwritten by a banking syndicate. The capital increase is subject to shareholder approval in an extraordinary general meeting planned for 18 May 2017. Closing is expected to occur on 8 June 2017.

Global law firm White & Case LLP has advised BZ WBK S.A. and Berenberg, as Global Coordinators and Joint Bookrunners, and DM BOS as Offering Co-manager, on the PLN 508 million (approximately EU118 million) initial public offering and admission to trading of shares in Griffin Premium RE on the Warsaw Stock Exchange.

The debut, on April 13, 2017, is the biggest on the Warsaw Stock Exchange since 2013 and Griffin Premium RE, the first Real Estate Investment Trust-type company in Poland, will invest funds generated by the offering in new projects.

Allen & Overy LLP has advised ODDO & CIE and ODDO SEYDLER BANK AG as Joint Bookrunners in relation to the successful tap of the EUR 350 million 4.75% corporate bond 2015/2020 by Adler Real Estate AG.

Due to a considerable oversubscription the tap was increased from the targeted EUR 100 million to EUR 150 million, bringing the total bond 2015/2020 volume to EUR 500 million.

Allen & Overy LLP has advised Landesbank Hessen-Thüringen Girozentrale, as arranger, in connection with a financing in the amount of EUR 75 million for Kraftwerke Mainz-Wiesbaden AG.

On 20 April 2017, CITIC Securities Co., Ltd. (CITIC Securities), advised by King & Wood Mallesons, successfully updated its $3 billion medium-term notes (MTN) programme and the drawdown thereunder. The notes are issued by CITIC Securities Finance MTN Co., Ltd., a wholly-owned subsidiary of CITIC Securities, and guaranteed by CITIC Securities.

Herbert Smith Freehills has advised the underwriters of China New Higher Education Group Limited's IPO and listing on the Stock Exchange of Hong Kong.

The underwriters were BNP Paribas Securities (Asia) Limited, CCB International Capital Limited, CLSA Limited, China International Capital Corporation Hong Kong Securities Limited, Haitong International Securities Company Limited and First Capital Securities Limited. BNP Paribas Securities (Asia) Limited was the sole sponsor for the listing.

Watson Farley & Williams (“WFW”) has advised the Singapore branch of DVB Bank SE (“DVB”) on the financing of the acquisition by institutional investors, arranged by HI Investment & Securities Co., Ltd. of two used B777-300ER aircraft on lease to Emirates. The transaction closed in April 2017.

In addition to the financing provided by DVB, the purchase of each aircraft acquisition was financed through notes issued by the borrower.

Frankfurt-listed DVB is part of the DZ BANK Group and specialises in transportation finance.