Herbert Smith Freehills has advised the Clean Energy Finance Corporation (CEFC) on its A$100 million equity investment in the Australian Renewables Income Fund (Fund), which will be managed by the Infrastructure Capital Group.

The seed assets for the Fund are three wind farms which are currently operational across three Australian states.

The team from Herbert Smith Freehills advising CEFC comprised partner Fiona Smedley, senior associate Yorick Ng, and graduate Julian Vertoudakis.

Today, on 7 December 2018, first day of trading occurred in the IPO of Q-linea on Nasdaq Stockholm. The IPO attracted strong interest from institutional investors as well as the general public in Sweden and was substantially over-subscribed.

International law firm Ashurst advised the European Investment Bank (EIB) on a €30 million loan to Motork Srl, one of the first venture debt transactions in Italy.

It is a European Growth Finance Facility with an innovative quasi-equity financing scheme.

MotorK is a leading company in the digital automotive sector and a partner of over 90% of car companies active in Europe. The financing will be used over the next five years for the research and development of new digitalized platforms servicing car manufacturers.

Leading international law firm Clifford Chance advised the lead arranger and structuring bank, Sumitomo Mitsui Banking Corporation (SMBC), on the US$1.62 billion syndicated loan to Perusahaan Listrik Negara (PLN), Indonesia's state-owned electricity firm. The offshore US dollar credit facility with 20 international banks, signed on Oct 25, was the first of its kind for PLN.

International law firm Clifford Chance is advising CDC Group, the UK's development finance institution, on its proposed US$180 million equity investment in Liquid Telecom, the largest independent fibre and cloud computing provider in Africa.

Freshfields Bruckhaus Deringer ('Freshfields') has advised the sponsors and underwriters of the listing of Natural Food International Holding Limited ('Natural Food International') on the Hong Kong Stock Exchange ('HKSE'). Shares started trading today (12 December 2018).

Linklaters acted as Hong Kong and U.S. legal advisors to the underwriters including, CCB International Capital Limited, China Securities (International) Corporate Finance Company Limited, ICBC International Capital Limited, Morgan Stanley Asia Limited and Morgan Stanley & Co. International plc, on the IPO of Shandong Gold Mining Co., Ltd. ("Shandong Gold") on the Hong Kong Stock Exchange, on 28 September 2018.

Watson Farley & Williams Singapore (“WFW”) has advised BNP Paribas in connection with a loan facility of up to US$40m to finance the purchase and installation of exhaust gas cleaning systems (commonly known as “scrubbers”) on the fleet of vessels owned by Quantum Pacific Shipping and managed by Singapore-based Eastern Pacific Shipping.

Davis Polk advised the underwriters on the SEC-registered initial public offering by MOGU Inc. of 4,750,000 American Depositary Shares, each representing 25 Class A ordinary shares, for total net proceeds of $61.8 million. MOGU has granted the underwriters an option to purchase up to an additional 712,500 ADSs. The ADSs are listed on the NYSE under the symbol “MOGU.”

Transaction represents UniCredit’s first Senior Non-Preferred Issuance in US dollars and one of UniCredit’s largest issuances to date.

UniCredit SpA has successfully issued 5-year Senior Non-Preferred Notes for a total amount of US$3 billion as part of its US Global Medium Term Note Programme (GMTN) to a prime institutional investor.