Shearman & Sterling advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as joint global coordinators and joint bookrunners on Hutchison China MediTech Limited’s (Chi-Med) US initial public offering of American depositary shares on the NASDAQ Global Select Market. 

Upon completion, the ordinary shares of Chi-Med will continue to be traded on the AIM market of the London Stock Exchange.

Sonnedix group, a solar operator present in Europe, Asia, Africa and Latin America, has successfully refinanced a portfolio of four photovoltaic parks located in Auvergne-Rhône-Alpes, Languedoc-Roussillon-Midi-Pyrénées and Provence-Alpes-Côte d'Azur with a total capacity of 23.6 MWp for an amount of EUR 93.7 million.

Energy sector experts from Burges Salmon have advised The Royal Bank of Scotland (RBS) in relation to the £44.5m project financing of NTR plc’s Quixwood Moor Wind Farm in Scotland.

Construction of the 13 turbine 26.65MW project will start in Q2 2016 and is scheduled for completion by November 2016.

Ashurst is advising Morgan Stanley & Co. International plc ("Morgan Stanley") and UBS Limited ("UBS") on the proposed acquisition of Home Retail Group plc ("HRG") by J Sainsbury plc ("Sainsbury's"). Morgan Stanley and UBS are acting as joint financial adviser and co-sponsors to Sainsbury's in relation to the transaction.

Slaughter and May, Hong Kong, advised on the global offering and listing of Union Medical Healthcare Limited (UMH) on the Main Board of the Hong Kong Stock Exchange. The global offering consisted of a Hong Kong public offering and a concurrent Rule 144A/Regulation S placement and raised approximately HK$706 million (before the exercise of the over-allotment option). Slaughter and May advised the underwriters, including Credit Suisse (Hong Kong) Limited, Haitong International Securities Company Limited and CIMB Securities Limited as to U.S. and Hong Kong laws on the global offering.

Linklaters was pleased to advise China Construction Bank and other banks on the HK$39 billion Term Loan Facility (the ‘Facility’) for China Cinda Asset Management Co., Ltd. (‘China Cinda’) to acquire Nanyang Commercial Bank, Limited - the largest acquisition financing in the history of China’s banking sector.

White & Case LLP has advised International Finance Corporation (IFC), Asian Development Bank (ADB) and a syndicate of local banks on the project financing of a 4.5 MTPA LNG facility at Port Qasim, near Karachi, Pakistan.

The receiving, re-gasification and storage facility will be the first LNG import terminal in Pakistan and will enable the country to import LNG and help meet the growing demand for natural gas.

Shearman & Sterling advised Deutsche Pfandbriefbank as arranger, initial lender and agent on the acquisition financing of a €145 million portfolio of retail parks by Crédit Agricole Assurances and Frey.

This portfolio consists of nine retail parks with a gross leasable area of 76,450 square meters in the Paris region and the north and south of France.

The Shearman & Sterling team was led by partner Pierre-Nicolas Ferrand, assisted by counsel Philippe Wolanski and associate Bruno Valenti (all-Paris-Finance).

Shearman & Sterling advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as joint global coordinators and joint bookrunners on Hutchison China MediTech Limited’s (Chi-Med) US initial public offering of American depositary shares on the NASDAQ Global Select Market. 

Upon completion, the ordinary shares of Chi-Med will continue to be traded on the AIM market of the London Stock Exchange.

Davis Polk is advising Markit on its all-share merger of equals with IHS valued at more than $13 billion. The transaction is expected to close in the second half of 2016, subject to customary closing conditions, including regulatory approvals and approval by both IHS and Markit shareholders. Upon completion of the merger, the combined company will be renamed IHS Markit and will be headquartered in London and have certain key operations based in Englewood, Colorado.