Resource

 

 

 

 

 

 

 

 

 

 

 

Finance & Banking

NongHyup Bank Completes US$8 Billion GMTN Program Update and US$500 Million Notes Offering

13 Sep 2016

Simpson Thacher, acting as sole international counsel, represented Citigroup Global Markets Inc., as arranger and dealer, and BNP Paribas, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai Banking Corporation Limited, ING Bank N.V., Singapore Branch, J.P.

Clifford Chance advises on Colombia's Concesión Autopista Conexión Pacífico 2 Toll Road

12 Sep 2016

Leading international law firm Clifford Chance has acted as New York counsel to Itaú Unibanco S.A., New York Branch and Banco de Crédito del Perú in the approximately US$425 million multi-source and multi-currency financing of the "Concesión Autopista Conexión Pacífico 2" toll road project in Colombia that closed on September 6, 2016.

The project consists of constructing, improving, and operating approximately 98 kilometers of toll roads located in the region of Antioquia, Colombia.

DLA Piper advises Helaba Landesbank Hessen-Thüringen on the refinancing of the BERO centre

12 Sep 2016

DLA Piper has advised Helaba Landesbank Hessen-Thüringen on the refinancing of the Bero Centre, a shopping centre, in Oberhausen. Helaba financed the restructuring, which is being supported on the owners’ side by the asset manager Kintyre Investments, with a loan of 86 million euros.

Milbank Advises Underwriters in £220,000,000 Debt Offering by Arrow Global

09 Sep 2016

LONDON, 9 September, 2016 – Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs International, J.P. Morgan Securities plc, HSBC Bank plc, DNB Markets, a division of DNB Bank ASA, Lloyds Bank plc and The Royal Bank of Scotland plc as initial purchasers on the recent £220,000,000 high yield debt offering by Arrow Global.

The proceeds of the notes were used to redeem all of Arrow Global’s outstanding 7.875% senior secured notes due 2020.

Slaughter and May advised Arrow Global - issue of £220 million 5.125% senior secured notes

09 Sep 2016

Slaughter and May, working as a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, advised Arrow Global Group plc (Arrow Global), one of Europe’s leading purchasers and managers of debt, on the issue by Arrow Global Finance plc of £220 million 5.125% senior secured notes due 2024. Goldman Sachs International, J.P. Morgan Securities plc and HSBC Bank plc acted as physical bookrunners and global coordinators for the issue, with The Royal Bank of Scotland plc, Lloyds Bank plc and DNB Markets, a division of DNB Bank ASA, acting as co-managers.

Slaughter and May advised NewDay Cards - debt issue under credit card master trust securitisation

08 Sep 2016

Slaughter and May advised NewDay Cards Ltd (NewDay Cards) and its affiliates in relation to a public debt issue under its own-brand credit card securitisation.

The transaction involved the issuance, through a master trust structure, of £247.775 million of Series 2016-1 Floating Rate Asset Backed Notes (the Series 2016-1 Notes) by NewDay Funding 2016-1 Plc.

The Series 2016-1 Notes are ultimately backed by income from a portfolio of credit card receivables beneficially owned by NewDay Funding Receivables Trustee Ltd (the Receivables Trustee).

Ashurst advises on Micro Focus International plc's $8.8 billion merger with the Software Business Segment of Hewlett Packard Enterprise

08 Sep 2016

Ashurst is advising J.P. Morgan Cazenove ("JPMC") on the merger between Micro Focus International plc ("Micro Focus") and Hewlett Packard Enterprise's software business segment ("HPE Software"). JPMC is acting as lead financial adviser and sole sponsor to Micro Focus in relation to the transaction, which is a reverse takeover of Micro Focus for the purposes of the UK Listing Rules.