Jones Day advised CaixaBank, S.A. in connection with the sale and purchase agreement and refinancing of the "Rotasol" photovoltaic solar plant project located in Rota, Cádiz, Spain.
For additional information about this matter, please contact: Javier López Antón
Client(s): CaixaBank, S.A.
Practice(s): Projects & Infrastructure, Banking & Finance, Energy
Office(s): Madrid
On 30 June 2016, a Dutch Special Purpose Vehicle (SPV) (the Issuer) issued CHF 102.5 m Portfolio Credit-Linked Notes due 2024 (the Notes) with Credit Suisse AG, Zurich (Credit Suisse) as arranger and Credit Suisse Securities (Europe) Limited as dealer.
Wirecard AG, a leading global payment and issuing company, has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid Card Services have launched over 2,500 client programs, associated with top companies and brands across the world, primarily in North America.
Baker & McKenzie successfully acted for J.P. Morgan Australia Limited and Morgan Stanley Australia Securities Limited as joint lead managers and underwriters of the A$260m fully underwritten institutional placement and non-renounceable entitlement offer by National Storage REIT.
National Storage REIT is one of Australia’s largest self-storage providers, tailoring self-storage solutions to over 35,000 residential and commercial customers at 100 storage centres across Australia and New Zealand.
William Fry advised Future Finance Loan Corporation Limited, a Dublin company which provides loans to students in Europe using big data algorithms to assess their credit-worthiness, on their recent funding round of nearly €150m. This included €23.8m in Series B equity and €125m towards future loans made through the platform.
This new funding round will assist Future Finance in providing more loans to students in their main markets of the UK and Germany and will allow them to undertake a European expansion.
NautaDutilh advises NLFI, the foundation that manages the shares in nationalised financial institutions on behalf of the State. The purchase price for Propertize amounts to EUR 895.3 million euros, of which EUR 22.5 million is conditional.
The State of the Netherlands acquired Propertize, previously named SNS Property Finance, when SNS REAAL was nationalised in 2013. On 31 December of that same year, Propertize was made independent and received a capital injection from the State of the Netherlands amounting to EUR 500 million.
Matheson advises Funding Circle on the European Investment Bank's first investment in UK marketplace lending
Matheson acted as Irish legal and tax counsel advising Funding Circle in connection with the European Investment Bank’s (EIB) £100 million investment in loans to UK SMEs. This investment is to be originated through Funding Circle’s online marketplace lending platform by an Irish financing company. The transaction is the first marketplace lending investment by the EIB.
Stuttgart – SME holding company Capcellence has taken a 49% stake in the international Argo-Hytos Group as part of a capital increase. The transaction was conducted via an investment vehicle formed especially for this purpose. The founder family, Kienzle, retains a 51% shareholding in the Switzerland-based Argo-Hytos Group. The transaction has already been completed.
Mayer Brown JSM acted as the international legal advisor to the International Finance Corporation (IFC) on its investment in a US$830 million greenfield ammonia plant in Sulawesi, Indonesia, which achieved financial close this week.
Global law firm Norton Rose Fulbright has advised Allianz SE on its acquisition of Zurich Insurance Company Ltd’s Moroccan subsidiary. The purchase price was approximately €244m. The transaction is expected to be complete by the end of 2016, following regulatory approvals.