Slaughter and May, working as an integrated team with Clifford Chance LLP, advised NewDay in relation to its £425 million high-yield bond offering.

The transaction involved the issuance by Nemean Bondco plc, a newly-incorporated company, of £275,000,000 7.375% senior secured notes due 2024 and £150,000,000 senior secured floating rate notes due 2023. The notes were issued as part of the financing for the acquisition by Nemean Bidco Limited of NewDay Group Holdings S.à r.l., a holding company of the NewDay group.

The Freshfields team was led by Dr. Patrick Cichy and Dr. Alexander Glos

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Hamburg-based Berenberg Bank on the acquisition of a portion of shipping loans from the Royal Bank of Scotland (RBS), valued at approximately US$300m. Another portion, valued at US$289m, was acquired by the Japanese financial services provider, Orix.

Allen & Overy has advised the lead banks on a USD25bn acquisition loan facility, to back the USD49.4bn acquisition of the 57.8% stake British American Tobacco (“BAT”) does not already own in US peer Reynolds American Inc.

Allen & Overy and Ginting & Reksodiputro (in association with Allen & Overy) have advised Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia as senior lenders on the acquisition of PT Newmont Nusa Tenggara (NNT) by a consortium comprised of PT Medco Energi Internasional Tbk and banker Agus Projosasmito’s PT AP Investment.

Berwin Leighton Paisner, advised Mount Street Mortgage Servicing Limited (“Mount Street”) on the acquisition of EAA Portfolio Advisers GmbH (“EPA”), the largest platform transfer ever completed in Europe. EPA is the portfolio manager of Erste Abwicklungsanstalt (“EAA”) with assets under management of €29bn.

AG's Manchester Corporate team is celebrating a strong start to 2017 having advised PE house LDC, and Salford based Frenkel Topping, a leading Independent Financial Adviser, on their respective investments into two expanding businesses in the space of one week.

Watson Farley & Williams (“WFW”) has advised DVB Bank SE Singapore Branch (“DVB”) in relation to a US$27m facility to Grindrod to finance its New Zealand flagged tanker, m.t. “MATUKU”. The vessel, delivered in 2016 from SPP Sacheon shipyard in South Korea, is operating in New Zealand waters under bareboat charter to a wholly-owned entity within the ASP Ship Management group. The vessel has been built to represent high operational and environmental standards.

Watson Farley & Williams (“WFW”) has advised DVB Bank SE Singapore Branch (“DVB”) as facility agent in relation to a US$55m facility to IVS Bulk to finance five new Japanese-built 34,000 to 60,000 dwt bulk carriers.  Additional lenders, HSH Nordbank AG Singapore Branch and Showa Leasing have acceded to the facility. The vessels are registered under the Singapore flag.

Gernandt & Danielsson advises in Forex Bank’s issue of Tier 2 bonds (Sw. supplementärkapital) in the amount of SEK 250 million. Forex has undertaken to list the bonds on Nasdaq Stockholm. The net proceeds from the bond issue will be used for general corporate purposes.

The core business of Forex Bank is to provide foreign currency transactions for private individuals throughout the Nordics. In 2003, Forex was granted a banking license and expanded its offering to include deposits, loans, payment services and debit- and credit cards.

Gernandt & Danielsson advises in Tobin Properties' issue of subsequent bonds in the amount of SEK 170 million.