Travers Smith LLP has advised longstanding client Kester Capital on its investment in Factory-CRO.
The Travers Smith team was led by private equity partner Paul Dolman and also included senior private equity associate Alex Dixon.
Herbert Smith Freehills has advised Bank Of China and HSBC on the Ministry of Finance of the People's Republic of China's issue of RMB3billion of bonds which will be listed on the London Stock Exchange. This is the first time the sovereign has listed a bond on the London Stock Exchange and is another step in the internationalisation of Renminbi. The Ministry of Finance bond drew orders of RmB8.5bn from investors evenly split between Asia and Europe, Africa and the Middle East.
The team was led by finance partners William Ku in Hong Kong and Andrew Roberts in London.
Baker & McKenzie acted for JP Morgan as underwriter of the sale of Cheung Kong Infrastructure's (CKI) 6.7% stake in Spark Infrastructure for $252.4 million. This follows acting for Insight Capital Advisers as joint lead manager in connection with the complex unwind and sale of of Spark's 8% economic interests in DUET Group for $305 million.
Lead partner on the transactions, Craig Andrade stated: "there is a lot of competitive block trade activity in the market and we're delighted to have been involved in several recent processes assisting our underwiter clients".
We advised Bonum Bank Plc in the establishment of a EUR 750 million programme for the issuance of senior unsecured notes. The programme provides that the notes issued under the programme may be listed on the Helsinki Stock Exchange maintained by Nasdaq Helsinki Ltd.
Bonum Bank Plc issued an inaugural 3-year senior unsecured EUR 100 million bond in June 2016. The issuance was documented under the newly established programme and listed on the Helsinki Stock Exchange.
Global law firm White & Case LLP has advised Banca IMI and BNP Paribas, as joint lead managers, on the offer to retail investors in Italy of around US$670 million Notes issued by the International Bank for Reconstruction and Development (World Bank).
The White & Case team in Milan which advised on the transaction was led by partner Paola Leocani, local partner Paul Alexander and associate Baldassarre Battista.
Jones Day provided advice to Banco Popular Español, S.A. in connection with the financing of the acquisition by Fortress of four PV plants located in Badajoz (Extremadura) and Seville (Andalucia), Spain.
For additional information about this matter, please contact: Fernando Lillo
Client(s): Banco Popular Español, S.A.
Practice(s): Projects & Infrastructure
Office(s): Madrid
Dentons advised UniCredit on financing to Fidesimm S.r.l., a company operating and managing non-residential properties, for the purpose of a €25 million acquisition of two elderly care properties in the Soresina (Cremona) and Rodigo (Mantova) Municipalities, from a closed-ended alternative investment fund dedicated to qualified investors.
We advised Bonum Bank Plc in the establishment of a EUR 750,000,000 programme for the issuance of senior unsecured notes. The programme provides that the notes issued under the programme may be listed on the Helsinki Stock Exchange maintained by Nasdaq Helsinki Ltd.
Shearman & Sterling advised UBS Limited, as sole global coordinator and joint bookrunner, Goldman Sachs International and Morgan Stanley & Co. International plc, as joint bookrunners, in connection with a €231 million rights offering by Hispania Activos Inmobiliarios, SOCIMI, S.A. (“Hispania”). Hispania intends to use the proceeds from the offering to enhance its property portfolio through the acquisition of properties in its pipeline and the refurbishment of existing assets.
Shearman & Sterling advised EFG Hermes Promoting and Underwriting, as sole global coordinator and bookrunner, in connection with the initial public offering and listing on the Egyptian Stock Exchange of Cleopatra Hospital Company S.A.E. ("Cleopatra Hospital"). The transaction was the second IPO on the Egyptian Stock Exchange in 2016.