Resource

 

 

 

 

 

 

 

 

 

 

 

Finance & Banking

Osborne Clarke advises Wirecard on acquisition of Citi’s Asia Pacific Merchant Acquiring Business

15 Mar 2017

Osborne Clarke has advised Wirecard AG on the acquisition of the relevant assets of Citi’s merchant acquiring business in 11 markets in Asia Pacific (APAC).

The purchase includes a customer portfolio for merchant acquiring services in Singapore, Hong Kong, Macau, Malaysia, Taiwan, Indonesia, Philippines, Thailand, India, Australia and New Zealand, comprising a long-standing and reputable client base of more than 20,000 merchants.

Nabarro advises on a succession of AIM fundraisings

15 Mar 2017

Nabarro's Corporate team has started 2017 acting on various successful secondary fundraisings for AIM-listed companies.

Randall & Quilter Investment Holdings Limited

Nabarro is advising Numis Securities, as nominated adviser and broker, on the £17.9m placing, including a broker option, for AIM-listed Randall & Quilter Investment Holdings Limited.

Randall & Quilter is a specialist non-life insurance investor, underwriting manager, captive manager and service provider.

Dentons advises Expobank CZ on acquisition of Marfin Bank in Serbia

15 Mar 2017

Dentons advised Expobank CZ on the bank’s entry into the Serbian market through the acquisition of Marfin Bank JSC Belgrade from Cypriot Cyprus Popular Bank. The transaction, that was originally signed on 30 September 2016, closed as scheduled at the end of February 2017.

Dentons’ team was led by partner Alexei Zakharko and of counsel Vladislav Bromberg, both based in Moscow.

European Investment Bank's $3 Billion Registered Debt Offering

14 Mar 2017

Cravath represented the European Investment Bank in connection with its US$3 billion registered debt offering. The European Investment Bank, which functions as the bank of the European Union, supports projects that make a significant contribution to growth, employment, economic and social cohesion and environmental sustainability, both in the EU and beyond. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on March 14, 2017.

White & Case Advises Crédit Agricole Corporate & Investment Bank on Landmark US$3 Billion Green Synthetic Securitization

14 Mar 2017

Global law firm White & Case LLP has advised Crédit Agricole Corporate & Investment Bank (CACIB) on the completion of the issuance of the Premium Green PLC Series 2017-2 Balance Sheet Notes due 2029 pursuant to the PREMIUM Multi Issuer Asset Backed Medium Term Note Programme.

Shearman & Sterling Advises Ardagh on Its $2.2 Billion Notes Offering

14 Mar 2017

Shearman & Sterling represented Ardagh Packaging Finance plc and Ardagh Holdings USA Inc, as co-issuers, both subsidiaries of Ardagh Packaging Holdings Limited (Ardagh), on their $2.2 billion notes offering. The offering included $715 million 4.250% senior secured notes due 2022, €750 million 2.750% senior secured notes due 2024 and $700 million 6.000% senior notes due 2025 (together, the Notes). The Notes are guaranteed by Ardagh and will be guaranteed by certain of its wholly owned subsidiaries.

Milbank Advises on Highly Successful Equity Capital Raising by Top Indian Metals and Mining Producer Hindalco

14 Mar 2017

HONG KONG, March 14, 2017 – Milbank, Tweed, Hadley & McCloy LLP advised Bank of America Merrill Lynch, Axis Capital, Citi, JM Financial and SBI Capital Markets, as book-running lead managers, in the qualified institutional placement by global integrated aluminum and copper producer Hindalco Industries Limited. Hindalco is part of leading Indian conglomerate Aditya Birla Group, and parent company of US-based Novelis, Inc., the world’s leading flat-rolled aluminum producer.

Norton Rose Fulbright advises on export credit facility to Woodside

14 Mar 2017

Norton Rose Fulbright has advised on a US$100 million term loan and guarantee facility to Woodside with export credit support provided by DNB Bank ASA and the Norwegian Export Credit Agencies (ECA).

Our advice was given to Eksportkreditt Norge AS as lender; DNB Bank ASA as agent and arranger, ECA co-ordinator and ECA guarantor; and Norway’s Guarantee Institute for Export Credits (GIEK) as ECA guarantor on the loan and guarantee facility.

The facility is the first facility of this type between Woodside and the Norwegian export credit agencies.

Baker McKenzie advised on first solar project to reach financial close under Round 1 of Egypt's Feed-in-Tariff Programme

14 Mar 2017

Baker McKenzie has advised lenders Bayerische Landesbank and Arab African International Bank on the USD126 million project financing for Infinity 50 Renewable Energy S.A.E.

The sponsors are Egyptian solar developer, Infinity Solar, Solizer and German contractor, ib vogt GmBH.

The project involves the design, financing, construction, operation and maintenance of a 64.1 MWp solar photovoltaic power plant in Benban, Egypt. The financing comprises both a USD and an EGP Facility, with Euler Hermes (Germany's export credit agency) providing cover for the USD Facility.