Davis Polk advised the dealer managers in connection with a cash tender offer by ArcelorMittal S.A. to purchase certain of its U.S. dollar-denominated debt securities.

With steelmaking operations in 19 countries on four continents, ArcelorMittal is the world’s largest and most global steel producer and a significant producer of iron ore and coal. ArcelorMittal’s shares are listed on the NYSE, Euronext Amsterdam, Euronext Paris, the Luxembourg Stock Exchange and the Bolsas de Valores of Madrid, Barcelona, Bilbao and Valencia.

Global law firm Norton Rose Fulbright has advised DBS Bank Ltd on a S$190m debt refinancing, governed by Singapore law, to Eu Yan Sang International Ltd and certain subsidiaries.

Eu Yan Sang is a leading and trusted integrative health and wellness company that specialises in traditional Chinese medicine and integrative healthcare. It currently runs more than 300 retail outlets in Hong Kong, Macau, China, Malaysia, Singapore and Australia, and operates a chain of TCM clinics in Singapore and regionally.

Davis Polk advised the joint global coordinators, joint bookrunners and co-bookrunners in connection with an offering by National Bank of Greece S.A. (“NBG”) of 1,524,851,811 new ordinary shares at a price of €0.30 per share in private placements outside of Greece. The total gross proceeds from the offering amounted to approximately €457.5 million. The new ordinary shares are listed on the Athens Stock Exchange.

Simpson Thacher represented Groupe Fnac S.A. in connection with its offering of €650 million aggregate principal amount of 3.25% Senior Notes due 2023. The proceeds of the offering were used to refinance outstanding indebtedness under a bridge facility entered into to finance Fnac’s acquisition of the share capital of Darty plc.

We advised Bank Norwegian AS, an internet bank offering consumer banking services across the Nordic countries, in establishing its cross-border service offering in Finland. Our expertise on local regulatory aspects was required in relation to offering savings accounts, loans and credit cards as well as with respect to various consumer protection and other regulatory matters. Bank Norwegian is 20% owned by Norwegian Air Shuttle ASA, which operates one of the largest low-cost airline carriers in Europe.

Eversheds has advised a consortium of Chinese banks, led by China Development Bank Corporation (CDB), on key financial aspects of the £16 billion Hinkley Point C nuclear new-build project (HPC).

Comprising partners Alex Doughty (London), Jay Ze (Beijing), Samuel Chau (Hong Kong), Kang Qiao (Associate, Beijing) and Lim Jian Liang (Associate, London), the Eversheds team provided advice on the initial c. £4 billion credit facilities, with a further c. £4 billion of facilities to follow.

DLA Piper has advised Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, in its capacity as the underwriter of the approximately R10 billion rights issue by Remgro Limited. This deal represents one of the largest rights issues in South Africa in 2016.

RMB is a South African diversified financial services brand encompassing investment banking, fund management, corporate banking and advisory services. All businesses in the RMB brand stable form part of the wider FirstRand Group.

Leading international law firm Clifford Chance is advising China Merchants Securities on its US$1.4 billion IPO and listing on the Hong Kong Stock Exchange. China Merchants Securities is one of the top ten integrated securities firms in China. The lead underwriters include China Merchants Securities (HK), JP Morgan and Morgan Stanley.

Leading international law firm Clifford Chance has acted as lead counsel to British banking and financial services provider Barclays as arranger of a AUD250 million Term Loan B financing for Iron Mountain Australia Group Pty Ltd, a wholly owned subsidiary of Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company.

The team was led by Banking & Finance partner Richard Gordon, who was assisted by counsel Alastair Gourlay and associates Adrian Blacker, Dean Bao and Munpreet Soomal.

Global law firm White & Case LLP has advised Morgan Stanley & Co. International plc and J.P. Morgan Securities plc, as joint global coordinators and joint bookrunners, and Société Générale as joint bookrunner, on the €200 million offering of senior secured floating rate notes due 2021 by MCS Groupe, a leading purchaser and servicer of mortgages and consumer and SME financial debt in France.