Kirkland & Ellis is acting for J.P. Morgan, as financial adviser, in connection with CVC Capital Partners-led funds’ US$1.1 billion proposed privatization of Nirvana Asia Ltd (HKSE: 1438) by way of a scheme of arrangement.  Nirvana is the largest integrated funeral and bereavement care provider in Asia, with operations in six countries across Asia. The deal was announced on July 8, 2016.
 
The Kirkland team is led by Hong Kong corporate partners Nicholas Norris and Joey Chau and debt finance partner David Irvine.

International law firm Watson Farley & Williams (“WFW”) advised the European Bank for Reconstruction and Development (“EBRD”) on a €10 million English-law, cross-border financing for the construction, development and operation of five solar photovoltaic parks in Cyprus, with a total capacity of 11.9MW. The parks are located across the island at Frenaros, Nisou, Dhali, Paliometocho and Malounta.

International law firm Watson Farley & Williams (“WFW“) successfully advised Intesa Sanpaolo, acting as lender and agent, on the financial restructuring of six special purpose vehicles (“SPVs”), as well as Banco di Napoli also, acting as lender, on three of the aforementioned restructurings.
The SPVs, all entirely owned by Belenergia S.A., own ten photovoltaic plants, with an aggregated capacity of 10 MW, located in the Apulia, southern Italy.

DLA Piper has advised a consortium comprising the banks, Helaba Landesbank Hessen-Thüringen and Bayerische Landesbank, a German real estate financier and commercial bank respectively, on the financing of the UpperZeil development in Frankfurt. It contains 14,840-m² of commercial space and is located in the inner city area of Frankfurt.   

Leading international law firm, Clifford Chance advised Rabobank on its strategic partnership with Kepler Cheuvreux, Europe’s leading independent broker. The investment ensures Rabobank’s corporate clients can benefit from better ECM and brokerage services as well as greater scale and scope. Together Rabobank and Kepler Cheuvreux will be the number 1 equity brokerage house in the Benelux.

Lenz & Staehelin advises Swiss banking group on strategic sourcing and restructuring for implementing shared back office services and the creation of distinct front office banks. The team is led by Lukas Morscher and includes Robin Hauser (Banking and Finance) and Kaj Seidl-Nussbaumer (TMT).

Davis Polk is advising Bank SinoPac on the sale of its U.S. subsidiary, SinoPac Bancorp, to Cathay General Bancorp for $340 million, subject to certain adjustments. Under the terms of the definitive agreement, Cathay has the option to pay up to 10% of the consideration in Cathay common stock. The transaction is expected to close in the first half of 2017, subject to regulatory approvals and other customary closing conditions.

Obvion, one of the Netherlands’ leading mortgage providers, raised circa EUR 500 million through the issuance of green bonds, backed by mortgages secured on houses that meet certain environmental standards. The bonds, the first of their kind worldwide, were certified with Moody’s Green Bond Assessment.

Loyens & Loeff acted as legal advisor to Obvion and as such drafted the prospectus and the transaction documents and helped to structure the transaction.

Volkswagen Financial Services Australia has established Driver Australia Master, its A$3 billion automotive-backed master trust programme.

Loomis AB has entered into an agreement to divest its general cargo services to Rhenus Alpina AG. The general cargo services were acquired as part of the VIA MAT acquisition in 2014. The divested operations offer international cargo services by air, sea, road and rail and is deemed none-core for Loomis. VISCHER advised Loomis. The VISCHER team was led by Dr. Benedict F. Christ (Partner), Gian-Andrea Caprez (Managing Associate) und Dr. Rebekka Keller (Associate).