The Firm recently represented Deutsche Bank AG, London Branch, Goldman Sachs International, Santander, S.A. and Banco Bilbao Vizcaya Argentaria, S.A. and other several initial purchasers in connection with a Rule 144A and Reg S offering of €285 million 3.75% senior secured notes due 2023 by NH Hotel Group, S.A. (“NH”) and guaranteed by certain of its subsidiaries.

NH is a leading international hotel operator with a portfolio of more than 380 hotels across 29 countries that it operates through four core brands.

London — Mayer Brown has advised Moody’s Corporation on a collaboration with Euler Hermes Ratings GmbH (EHRG), a Hamburg-based ratings agency, to provide credit ratings for small and medium-sized enterprises and mid-cap companies across Europe. As part of the collaboration, the firm also advised Moody's on the acquisition of 4.99 percent stake in EHRG, which was previously a 100 percent subsidiary of Euler Hermes AG.

Gide’s Casablanca and London offices have advised Maghreb Titrisation and the Office National de l’Electricité et Eau potable (ONEE) on a MAD 2 billion (EUR 185 million) securitisation operation initiated by ONEE.

Ashurst advised Aviva Investors on a £187 million long-term debt facility to Bluefield Solar Income Fund Limited, and The Royal Bank of Scotland ("RBS")  on a £30 million short-term revolving credit facility.

The facilities will fully refinance the short-term £200 million facility with RBS and Investec Bank, which closed on 22 January, 2016.

Allen & Overy has advised PKO Bank Hipoteczny on establishing its EUR 4 billion international mortgage covered bonds programme. This is the first international mortgage covered bonds programme to be established by a Polish mortgage bank.

The Allen & Overy team was led by Piotr Lesinski, partner, supported by Philip Smith, London-based partner, Bartosz Jagodzinski, counsel, Lukasz Walczyna, senior associate, Richard Cohen, London-based senior associate, and associates Mateusz Chodosz and Pawel Zdanowicz.

On 29 September, as advised by King & Wood Mallesons (KWM), Bank of Communications Co., Ltd. (BOCOM) completed its non-public issuance of 450 million domestic preference shares to be traded on the Shanghai Stock Exchange. The preference shares are issued at par value of RMB100 per share with a coupon rate of 3.90%. The issuance which raised a total of RMB45 billion is the largest transaction in preference shares undertaken by a commercial bank with the lowest coupon rate so far in 2016.

Davis Polk advised the joint bookrunners and joint lead managers on a Regulation S-only offering of $300 million aggregate principal amount of 2.25% senior notes due 2019 by Dongxing Voyage Company Limited, a wholly owned subsidiary of Dongxing Securities (Hong Kong) Limited, and guaranteed by Dongxing Securities (Hong Kong) Financial Holdings Limited and China Orient Asset Management (International) Holding Limited.

The major shareholders in Danish Ship Finance - Danske Bank A/S, the Danish National Bank, A.P. Møller-Mærsk A/S and Nordea Bank AB - have sold their entire shareholdings of 72% of the share capital to Axcel, PFA and PKA. Danish Ship Finance prices the transaction at DKK 4.7bn.  Plesner advised the sellers on the transaction.

Global law firm White & Case LLP has advised Crédit Agricole S.A. on the issue of bonds exchangeable for Eurazeo shares due 2019.

Crédit Agricole S.A. announced the launch of an issue of €308 million zero coupon bonds on September 27, 2016. The bonds will be redeemed at par at maturity, except in case of an early redemption, subject to a Crédit Agricole S.A. option to deliver existing shares of Eurazeo and an additional amount in cash.

The Hong Kong office of the Firm represented the underwriters, Goldman Sachs, Citigroup and Stifel, in connection with the initial public offering and listing on the NASDAQ Global Select Market of American depositary shares (ADSs) of Gridsum Holding Inc. (“Gridsum”). The offering of 6,700,000 ADSs, representing 6,700,000 Class B ordinary shares, raised US$87.1 million of gross proceeds to Gridsum before exercise of the greenshoe.