Baker McKenzie acted as arranger counsel for Société Générale Corporate, Investment Banking (Société Générale) in a public ABS (asset-backed securities) transaction of ALD Autoleasing D GmbH ("ALD") in Germany.
Baker McKenzie advised Berlin Hyp and ING Wholesale Banking as Joint Bookrunner and Mandated Lead Arranger on the financing of the Frankfurt-based TaunusTurm. Financing was closed at the end of December 2016.
The TaunusTurm tower was developed by Tishman Speyer and completed in 2014. The building comprises a 40-story office tower and a 19-story residential tower with 44 apartments.
Bankomat AB (Bankomat) and BDB Bankernas Depå AB (BDB) will merge and become one company operating in two separate business areas; cash machines and cash depot operations. The union will formally be done by the merger of the companies where Bankomat AB will be the remaining company to accommodate both operations. The merger is expected to be completed during the spring of 2017. The businesses will move to the same address and carry on under the name Bankomat AB.
Houthoff advised Bank Insinger de Beaufort in the proces whereby Bank Insinger de Beaufort was acquired by KBL European Private Bankers. KBL intends to merge Bank Insinger de Beaufort with its subsidiary Theodoor Gilissen Bankiers. The merger will create a new private bank with more than EUR 20 billion of assets under management.
Houthoff Buruma team included: Willem de Nijs Bik , Baukje Dreimüller , Martine Bijkerk , Bastiaan Siemers , Ewoud van der Leek , Mark Lemmens
Bank Vontobel AG decided in December 2013 vis–à-vis the US Department of Justice to qualify itself as one of the financial institutions that have not committed any offenses under applicable US tax law. Its discussions with the US Department of Justice have been concluded without Vontobel having to pay a financial penalty.
Pestalozzi advised Vontobel in this matter. In particular, Pestalozzi led and conducted independent investigations.
CBH Compagnie Bancaire Helvétique SA acquires the international wealth management business of FIBI Bank (Switzerland) Ltd. The Completion of the transaction is subject to approval by the Swiss Financial Market Supervisory Authority FINMA and the transaction is expected to close in the first quarter of 2017.
Pestalozzi acted for CBH for all legal aspects of the transaction.
Davis Polk is advising China Cinda Asset Management Co., Ltd. in connection with its placing of new H shares to COSCO SHIPPING Financial Holdings Co., Limited. Pursuant to the terms of the subscription agreement, China Cinda has conditionally agreed to issue new H shares to COSCO SHIPPING Financial Holdings Co., Limited for an aggregate consideration of approximately RMB5.49 billion (equivalent to approximately HK$6.15 billion).
Shearman & Sterling represented Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as joint book-running managers in connection with Ford Motor Company’s offering of its $1.5 billion aggregate principal amount of 4.346% notes due December 8, 2026 and $1.3 billion aggregate principal amount of 5.291% notes due December 8, 2046.
Baker McKenzie’s Kyiv office advised Eurobank Ergasias S.A., one of the largest banks in Greece, on the sale of its Ukrainian subsidiary, Universal Bank, to one of the fastest-growing financial and industrial groups in Ukraine, TAS Group, owned by Ukrainian businessman Mr. Sergiy Tigipko. The transaction follows Eurobank's strategic plan to focus on core markets where they have an existing significant presence.
A team from the Banking & Finance and Capital Markets practice at Egorov Puginsky Afanasiev & Partners has successfully completed their work providing legal support for a project called the Mortgage Securities Factory, a new tool used by the Agency for Housing Mortgage Lending (AHML) to refinance mortgages.
The first bond placement under AHML’s Mortgage Securities Factory programme for single-tranche mortgage-secured bonds took place today, 28 December 2016.