Norton Rose Fulbright has advised the National Commercial Bank of Jamaica, JCSD Trustee Services Limited and other financing parties on the $330m project financing of a 190MW LNG-to-power independent power project at Old Harbour, Jamaica.

Once operational, the project will be the largest power plant in Jamaica, providing approximately 20% of the country’s electricity. It will be the second plant to operate on gas imported via LNG and only the first to be developed and financed on a green-field basis.

Salt group, one of the leading mobile operators in Switzerland, issued (i) EUR 525 million aggregate principal amount of Floating Rate Senior Secured Notes due 2023, and (ii) EUR 117 million aggregate principal amount of 4.875% Senior Notes due 2023, through two financing affiliates. The transaction included the consent solicitation for certain amendments to the existing indentures and a tender offer to purchase and solicitation of its outstanding floating rate senior secured notes due 2022.

Watson Farley & Williams (“WFW“) has advised Cassa di Risparmio di San Miniato S.p.A. (“Cassa di Risparmio di San Miniato”) on the delivery of the “Antignano” tugboat to Livorno-based harbour towage company Fratelli Neri S.p.A. (“Fratelli Neri”).

The “Antignano” is the first of two sister RASTAR 3200W tugboats ordered in 2015 by Fratelli Neri. The second tugboat, the “Montenero”, will be delivered in April this year.

Herbert Smith Freehills has advised a nine-bank syndicate on the US$285 million IPO on the Bombay Stock Exchange and Rule 144A/Regulation S global offering of Avenue Supermarts Limited (ASL), an Indian supermarket chain.

ASL is one of the largest and the most profitable food and daily essentials retailers in India, with 118 stores across 45 cities.

The bank syndicate was led by Kotak Mahindra Capital, and also comprised Axis Capital, Edelweiss, HDFC, ICICI Securities, Inga Capital, JM Financial, Motilal Oswal and SBI Capital.

Allen & Overy advises Nomura, Morgan Stanley, Deutsche Bank and The Royal Bank of Scotland on the refinancing of the acquisition of Cooperation Pharmaceutique Francaise (Cooper)/Vemedia by Charterhouse.

The Allen & Overy team was led in Paris by Jean-Christophe David (Partner), assisted by Virginie Terzic (Associate).

Cooper/Vemedia was advised by Ashurst (Laurent Mabilat and Nicolas Barberis (Partners) and Paul Stewart (Partner - London).

Clifford Chance has advised Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, on its US$25 million investment in Egyptian petrochemicals company Carbon Holdings Ltd.

Herbert Smith Freehills has advised Citigroup Global Markets Asia Limited and Macquarie Capital Limited as underwriters and joint sponsors of the IPO of Minsheng Education on the main board of the Stock Exchange of Hong Kong.

The IPO raised HK$1.305 billion (US$168 million), with the listing on 22 March 2017.

Minsheng Education is one of China's top-ten private providers of higher education. It owns and operates four undergraduate and junior colleges in the country and has also invested in private education institutions in other Asian countries.

Noerr has advised the European Investment Bank (EIB) on the refinancing of the North Sea offshore wind farm Butendiek. Together with a banking syndicate the EIB provided senior secured loans for the refinancing in excess of €950 million.

Shearman & Sterling has advised the Export-Import Bank of Korea, the Bank of Tokyo-Mitsubishi UFJ, Ltd., KfW IPEX – Bank GmbH, The National Commercial Bank, Sumitomo Mitsui Banking Corporation and Islamic Development Bank as lenders to Engie on the development and financing of the combined heat and power facility at the Fadhili Gas Complex in Saudi Arabia. The project will generate 1,200 – 1,600 MW of electricity, 3,190,000 pounds per hour of steam generation and 768.8 tons per hour of water generation.

Shearman & Sterling has advised the Export-Import Bank of Korea, the Bank of Tokyo-Mitsubishi UFJ, Ltd., KfW IPEX – Bank GmbH, The National Commercial Bank, Sumitomo Mitsui Banking Corporation and Islamic Development Bank as lenders to Engie on the development and financing of the combined heat and power facility at the Fadhili Gas Complex in Saudi Arabia. The project will generate 1,200 – 1,600 MW of electricity, 3,190,000 pounds per hour of steam generation and 768.8 tons per hour of water generation.