Eversheds Bitans advised AS Citadele banka, a leading Latvian commercial bank, on its €40 million First Unsecured Subordinated Bonds Programme and issuance, public offering in Latvia and Lithuania, as well as the listing of subordinated bonds on the Baltic Bond List of Nasdaq Riga.
Slaughter and May advised the Central Bank of Egypt on its $2 billion repurchase transaction with a consortium of international banks.
The consortium’s financing was provided against newly issued Arab Republic of Egypt dollar-denominated sovereign bonds, which are listed on the Irish Stock Exchange.
The transaction bolsters the liquidity and size of the international reserves of the Central Bank of Egypt.
Contacts
Clifford Chance advised the Industrial and Commercial Bank of China on the establishment of a Hong Kong asset management joint venture company in connection with a Fund focused on projects in Central and Eastern Europe targeting €10 billion. This deal follows on from work advising ICBC on the establishment of a European investment fund which is part of China's 'One Belt One Road' initiative and was formally announced at the China and CEE Countries Summit in Riga, Latvia on 5 November 2016.
Clifford Chance LLP and Yegin Ciftci have advised HSBC Bank plc in connection with the recent financing of the state-of-the-art Elazig integrated health campus using the first ever greenfield project bond structure in the Turkish PPP market.
Jones Day advised a consortium of senior creditors, consisting of ABN AMRO Bank N.V.
UBS has merged various wealth management subsidiaries in Germany, Italy, the Netherlands, Spain and Luxembourg into the new subsidiary UBS Europe SE, headquartered in Frankfurt.
Bär & Karrer is advising UBS on these transactions as counsel with respect to Swiss tax law.
The team includes Susanne Schreiber, Michael Abegg and Corinna Seiler (all Tax).
White & Case LLP has advised The Smithfield Group, managing shareholder of Innovia Group, on the CAN$1.13 billion (€810 million) sale of Innovia to CCL Industries Inc.
The transaction is subject to regulatory and other change of control approvals and customary completion procedures, with closing expected by the end of the first quarter of 2017.
Baker McKenzie advised Baader Bank AG on the squeeze-out of the minority shareholders of IKB Deutsche Industriebank AG. The shareholders' meeting of IKB Deutsche Industriebank AG approved the squeeze-out request from LSF6 Europe Financial Holdings, a subsidiary of the US financial investor Lonestar.
Baader Bank AG acted as the processing bank of the major shareholder in the squeeze-out and issued the warranty declaration required pursuant to section 327b para. 3 German Stock Corporation Act (AktG). Baker McKenzie advised on all stock and capital market issues.
King & Wood Mallesons has assisted a syndicate of banks (comprising Commonwealth Bank of Australia, Credit Agricole CIB Australia Limited, ING Bank (Australia) Limited, ING Bank N.V., Singapore Branch, National Australia Bank, Natixis, Hong Kong branch and Westpac Banking Corporation) to reach financial close in respect of the $1.73B financing of Stage 1 of the Westconnex Motorway.
Clifford Chance advised Commerzbank AG on the sale of the former Commerzbank tower in Frankfurt to a company of GEG German Estate Group AG. The transaction is subject to antitrust clearance.