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Finance & Banking

Hannes Snellman Counsel to SoftBank in Sale of Its Entire 72.2% Stake in Supercell

22 Jun 2016

Hannes Snellman advised SoftBank Group Corporation, a Japanese internet and telecommunications company, and its affiliates in the sale of their entire 72.2% stake in Supercell, a Finnish leading mobile game maker and the manufacturer of hit games Clash of Clans, Hay Day, Boom Beach, and Clash Royale, to an affiliate of Tencent Holdings Limited, a Chinese internet company. In one of the largest transactions ever made in Finland, Supercell’s equity is valued at approximately USD 10.2 billion.

KWM advises the placing agent on the US$300 million perpetual subordinated securities issuance by Guotai Junan International

22 Jun 2016

King & Wood Mallesons has advised the placing agent as international counsel in relation to the issuance of US$300,000,000 perpetual subordinated securities by Guotai Junan International Holdings Limited (Guotai Junan International), the major overseas platform of Guotai Junan Securities Company Limited (Guotai Junan).

DLA Piper represents ClearView Group in acquisition of Ebony and Jet magazines

22 Jun 2016

DLA Piper advised ClearView Group, LLC in its acquisition of Ebony and Jet magazines from Johnson Publishing Company, LLC.

The publications, which provide insight, news and perspective for the African-American community, will operate under a new company, Ebony Media Operations. Ebony will continue to publish in print and online, and Jet will continue to be available in a digital-only format. Both will publish from their current offices in Chicago and New York.

RUB 11 billion SERV covered financing for acquisition of Stadler trains operated by LLC Aeroexpress

22 Jun 2016

Lenz & Staehelin advised Gazprombank (Joint-stock Company) and Gazprombank (Switzerland) Ltd in a RUB 11 billion debt financing transaction covered by insurance from Schweizerische Exportrisikoversicherung for the acquisition of electric trains supplied by Stadler Bussnang AG and to be operated by LLC Aeroexpress. The trains will be operated on the 2 routes between the centre of Moscow and its airports.

Swisscard AECS GmbH

21 Jun 2016

On 15 June 2016, Swisscard AECS GmbH (the Originator) closed its fifth credit card securitization transaction involving the issue by Swiss Credit Card Issuance 2016-1 AG (Issuer) of CHF 190,000,000 0.130 per cent Asset-Backed Class A Notes (due 2021), CHF 6,000,000 1.250 per cent Asset-Backed Class B Notes (due 2021) and CHF 4,000,000 2.500 per cent Asset-Backed Class C Notes (due 2021) to the Swiss capital market.

Osborne Clarke advises moneymeets on investment from PostFinance

21 Jun 2016

International legal practice, Osborne Clarke has advised moneymeets community GmbH on its investment by PostFinance AG. Founded in 2011, moneymeets is one of the market leaders in the area of digitalisation of financial services. Since its foundation, the company has gained a broader investor base, including Dieter von Holtzbrinck Ventures and Woodman Asset Management Group.

KWM advises the joint lead managers in the issuance of ABC Leasing's US$500 million notes guaranteed by ABC Hong Kong Branch

21 Jun 2016

King & Wood Mallesons has advised the joint lead managers as international counsel in relation to the issuance of 2.50 per cent guaranteed notes due 2021 with an aggregate principal amount of US$500,000,000 by ABCL Glory Capital Limited, a wholly-owned subsidiary of Agricultural Bank of China Limited (ABC). The notes are unconditionally and irrevocably guaranteed by Agricultural Bank of China Limited Hong Kong branch.

Gernandt & Danielsson advises in Victoria Park’s bond issue

21 Jun 2016

Gernandt & Danielsson advises in Victoria Park’s issue of corporate bonds amounting to SEK 600 million

Victoria Park AB (publ) has decided to issue corporate bonds amounting to SEK 300 million. The bonds are issued within a framework amount of SEK 1 billion. The company has undertaken to list the bonds on Nasdaq Stockholm.

Victoria Park is a publicly traded company listed on Nasdaq Stockholm Mid Cap focusing on residential properties in Swedish growth areas.

Herbert Smith Freehills advises ICBC Paris on the €5 billion voluntary public takeover offer on Kuka AG

20 Jun 2016

Herbert Smith Freehills has recently advised ICBC Paris on the financing of Midea Group's €5 billion voluntary bid for all shares in German robotics specialist, Kuka AG.

Mecca International, an entity indirectly owned by Chinese biggest home-appliance maker Midea Group, has offered €115 in cash per share to the shareholders of Kuka AG, one of the leading providers of robotics for the automobile industry, by way of a voluntary public takeover offer to their shares in the company.