Clifford Chance has advised Raiffeisen Bank International AG (RBI) and SEB AG on its acquisition of Losberger Group by funds advised by Gilde Buy Out Partners. The sellers are funds operated by the private equity investor H.I.G. Capital. The parties have agreed not to disclose the purchase price. The loans signed by RBI and SEB will be syndicated to other lenders as part of the completion of the acquisition. The transaction is subject to clearance by the relevant antitrust authorities.

Shearman & Sterling advised Deutsche Bank, Standard Chartered Bank, ING, and UBS as initial purchasers on the US$300 million 7% senior notes offering by HT Global IT Solutions Holdings Limited (“HT Global”). The notes will be listed on the Singapore Exchange Securities Trading Limited.

HT Global is a holding company incorporated in Mauritius by Baring Private Equity Asia V Mauritius Holdings (4) Limited, and owns a 71.25% controlling interest in Hexaware Technologies, a global provider of information technology and business process management services.

LONDON, 18th July 2016 – Milbank, Tweed, Hadley & McCloy LLP has advised the African Development Bank (AfDB) on US$1.34 billion loan facilities for South Africa’s power utility (Eskom) to support its capital expenditure programme, which includes investments in new generation, plant refurbishment, transmission lines, and capacity building in excess of US$ 17 billion to help increase energy reliability in South Africa and in the southern African region.

Squire Patton Boggs in Singapore has announced that it has advised on a brace of transactions; advising Fairfax Asia Limited on the US$160 million acquisition of an 80% stake in Indonesian insurer, PT Asuransi Multi Artha Guna Tbk (AMAG) from the Panin Group, and advising on the US$60 million IPO by Quess Corp, the most oversubscribed IPO in its subscription category in Indian history.

King & Wood Mallesons (KWM) has advised NORD/LB Norddeutsche Landesbank as arranger, NORD/LB Luxembourg S.A. Covered Bond Bank as agent and three additional banks on financing the apt Hiller group.

Simpson Thacher recently represented JPMorgan Chase Bank, N.A., as administrative agent, joint lead arranger and joint bookrunner, in connection with amended and restated senior unsecured credit facilities for Signet Jewelers Limited, which consist of a $357.5 million term loan facility and a $700 million revolving credit facility.

Davis Polk advised Sumitomo Mitsui Financial Group, Inc. (SMFG) on its SEC-registered takedown offering, which consisted of $1.75 billion aggregate principal amount of 2.058% senior notes due 2021, $2.25 billion aggregate principal amount of 2.632% senior notes due 2026 and $500 million aggregate principal amount of floating-rate senior notes due 2021. The notes are structured to count as total loss-absorbing capacity (TLAC) when TLAC regulations are implemented in Japan.

Credit Suisse AG acted as joint-lead manager together with J.P. Morgan Securities plc. The bonds have been listed on the SIX Swiss Exchange.

Homburger acted as counsel to JPMorgan Chase & Co. The Homburger team consisted of Daniel Haeberli (partner, Financial Services), Stefan Oesterhelt (partner, Tax), Eduard De Zordi (counsel, Financial Services) and Bettina Oertle (paralegal, Financial Services).

Global law firm White & Case LLP has advised CJSC Sberbank CIB as agent to the Russian Federation, and Sberbank CIB and VTB Capital as joint global coordinators and joint bookrunners, on the US$812 million privatization of the Russian Federation's 10.9 percent stake in the charter capital of PJSC ALROSA, the world's leading diamond mining company in terms of diamond production.

Beijing / Hong Kong (13 July, 2016) – Paul Hastings, a leading global law firm, announced today that the firm represented China International Capital Corporation Hong Kong Securities Limited, Macquarie Capital Limited, DBS Asia Capital Limited and China Merchants Securities (HK) Co., Limited as Underwriters in Yihai International Holding Ltd.’s (“Yihai International”) US$110 million global offering and IPO on the Main Board of the Hong Kong Stock Exchange.

Yihai International is a leading and fast-growing compound condiment manufacturer in China.