Leading global law firm Baker McKenzie advises on the first Residential Mortgage Backed Securitisation (RMBS) originated by Crédit Agricole Financements (Suisse) SA, a Swiss retail banking arm of Credit Agricole group. The CHF 200 million (equivalent of approximately GBP 156 million) transaction is one of the first RMBS in the Swiss market for many years, following recent changes to the tax legislation and recognition of the concept of trust under Swiss law. Baker McKenzie acted as counsel to arranger Crédit Agricole CIB as to Swiss law and English law.

The transaction involved the issuance of £528,000,000 Class A Fixed Rate Notes (rated AAA(sf) (S&P)/Aaa (sf) (Moody’s)), £15,000,000 Class B Fixed Rate Notes (rated AAA(sf)/Aa2 (sf)), £30,000,000 Class C Fixed Rate Notes (rated A(sf)/A1 (sf)), £9,000,000 Class D Fixed Rate Notes (rated A-(sf)/Baa1 (sf)), £13,000,000 Class E Fixed Rate Notes (rated BBB(sf)/Baa3 (sf)) and £5,000,000 Class F Fixed Rate Notes (unrated/Ba3 (sf)).

Freshfields has advised UBS AG on the combination of most of its European wealth management business into UBS Europe SE, a European company headquartered in Frankfurt am Main

NautaDutilh advised the Underwriters - BofA Merrill Lynch, Cowen and Company, LLC, Canaccord Genuity and BTIG - on all Belgian law matters with respect to the initial public offering in the United States by TiGenix NV (Euronext Brussels: TIG; "TiGenix") of 2,300,000 American Depository Shares ("ADSs"), representing 46,000,000 ordinary shares, at a price of USD 15.50 per ADS totalling USD 35.65 million gross proceeds.

Goodwin Procter LLP acted as US counsel to the underwriters.

Darrois Villey Maillot Brochier advised the consortium Caisse des dépôts et consignations – CNP Assurances in the context of the execution of a binding agreement for the acquisition by Caisse des dépôts et consignations and CNP Assurances of 49.9% of RTE share capital

International law firm Watson Farley & Williams (“WFW“) advised a syndicate of twelve domestic and international banks on a complex transaction relating to the transfer of the original €280m financing of four wind farms with a total capacity of circa 180 MW in Italy (Apulia and Campania regions) owned by Daunia Wind S.r.l (“Daunia Wind”). The transaction was successfully closed within a planned six month period from June to November 2016.

Ashurst is advising Rothschild in relation to the proposed takeover of Punch Taverns plc by Vine Acquisitions Limited, a newly incorporated company formed at the direction of Patron Capital, and the associated disposal of the Punch A securitisation group and certain other assets to Heineken UK Limited, a wholly owned subsidiary of Heineken Holding N.V.

Ashurst is advising Deutsche Bank in relation to the takeover bid by 21st Century Fox for Sky plc. Deutsche Bank is acting as lead financial adviser to 21st Century Fox in relation to the bid. Under the terms of the acquisition, 21st Century Fox will acquire the remaining 61% of shares in Sky that it and its affiliates do not already own.

Ashurst is advising Deutsche Bank and Rothschild in relation to the £374 million takeover bid by Loxam S.A.S for Lavendon Group plc, announced today. 

Lavendon is the European and Middle East market leader in the rental of powered access equipment. The company’s equipment enables users to work safely, productively and comfortably at height, whatever the application. From 70 depots in the UK, Continental Europe and the Middle East, Lavendon manages a fleet of almost 22,000 access platform units.

In connection with the EUR 12.8m capital increase of Tom Tailor Holding AG Hogan Lovells advised BNP Paribas and Commerzbank AG as joint global coordinators and joint bookrunners.

The 2,602,713 new shares in Tom Tailor Holding AG were offered through a private placement solely to Fosun International Ltd. and institutional investors in an accelerated bookbuilding. The pre-emptive right of shareholders of Tom Tailor Holding AG was excluded. The new shares were listed at the Frankfurt stock exchange (Prime Standard) and the Hamburg stock exchange (regulated market).