Hong Kong- Paul Hastings, a leading global law firm, announced today that the firm advised CIMB Investment Bank, Maybank Investment Bank, Hong Leong Investment Bank and UOB Kay Hian Securities as the joint bookrunners of Eco World International Berhad’s (“Eco World International”) US$580 million initial public offering and listing on the Main Market of Bursa Malaysia. Eco World International develops real estate properties in the United Kingdom and Australia. This marks the largest Malaysian IPO so far in 2017.

Herbert Smith Freehills has acted for the financiers, National Australia Bank Limited (NAB) and Industrial Commercial Bank of China Limited, Sydney Branch (ICBC), on the project financing of the A$26.6 million Gullen Solar Farm project near Canberra.

The 10 MW solar photovoltaic plant will become Australia’s first large-scale solar farm to be co-located with wind turbines using the same grid connection infrastructure and will be built adjacent to the existing Gullen Range Wind Farm, 28 kilometres north west of Goulburn in New South Wales.

Clifford Chance is advising TBG AG ("TBG"), a Switzerland-based private holding company, on its acquisition of Telvent DTN, LLC ("DTN"), a US-based data-software business, from French power-equipment supplier Schneider Electric SE in a transaction valued at US$900 million. The deal was announced on April 3, 2017.

DTN is a leader in providing information services, supply chain connectivity tools and decision support solutions in agricultural, energy and environmental industries.

SINGAPORE, April 3, 2017 – In another major power, energy and natural resources transaction in Asia, Milbank, Tweed, Hadley & McCloy LLP advised a group of international banks in connection with the multi-billion dollar acquisition of certain geothermal assets in West Java, Indonesia. The assets, sold by affiliates of Chevron Corp., have a combined capacity of 650 megawatts – enough to power about 3 million homes in Indonesia – and include the Darajat and Salak projects. The Salak project is one of the largest geothermal facilities in the world. 

Baker McKenzie recently acted for Bell Potter, in its role as sole lead manager and underwriter to Mesoblast Limited's fully underwritten institutional placement, which raised approximately $52.5 million.  The proceeds from the placement will be used by Mesoblast for its ongoing Phase 3 clinical programs including chronic heart failure, as well as for manufacturing requirements associated with product commercialisation.

Mesoblast is a world leader in delivering innovative cell-based medicines and is dual-listed on the ASX and Nasdaq.

Allen & Overy LLP advised Taiwan-based E.SUN Commercial Bank, Ltd. as manager in the context of the successful issue of bonds in the amount of USD 250 million by NRW.BANK.  The zero coupon multi-callable bonds, known as "Formosa Bonds", were placed with institutional investors in Taiwan. The Formosa Bonds are listed on the Taipei Exchange (TPEx) and are due 2047.  This makes NRW.BANK the first public sector issuer from Germany to have bonds listed in Taiwan.

Allen & Overy LLP advised the initial purchasers on the offering of U.S.$7.5 billion aggregate principal amount of U.S. dollar denominated bonds by Siemens Financieringsmaatschappij N.V.

The bonds are guaranteed by Siemens Aktiengesellschaft.

The company issued seven tranches of bonds with maturities of three, five, seven, ten and 30 years. In the three-year and five-year categories, Siemens issued a series of floating rate and a series of fixed rate notes. The other series are fixed rate notes.

Cravath represented the initial purchasers, Bank of America Merrill Lynch, J.P. Morgan Securities and Santander, in connection with the US$500 million 144A/Reg. S debt offering of Inversiones CMPC S.A., unconditionally guaranteed by Empresas CMPC S.A., an integrated and diversified producer of pulp, tissue, paper, forest and packaging products in Latin America. The transaction closed on April 4, 2017.

The Cravath team included partner David Mercado, senior attorney Ralph B. Currey III and associate Marina Lemos Pires.

On 3 April 2017, FINMA officially announced the recognition of REGIS-TR as the first foreign trade repository for the purpose of derivatives trading under the Swiss Federal Markets Infrastructure Act in Switzerland.

Lenz & Staehelin acted as counsel to REGIS-TR. The team was led by partner François Rayroux (Banking and Finance) and included associate Delphine Meylan (Banking and Finance).

Novartis Finance S.A. completed the placement of EUR 1,250,000,000 Guaranteed Notes due 2021 and EUR 600,000,000 Guaranteed Notes due 2027. The 2021 Notes were issued at 99.133% of their principal amount with a zero coupon and will mature on 31 March 2021 at their nominal value. The 2027 Notes were issued at 99.874% of their principal amount with an interest of 1.125% and will mature on 30 September 2027 at their nominal value. The Notes are guaranteed by Novartis AG.