Egorov Puginsky Afanasiev & Partners won the tender as legal counsel for issuing mortgage-secured bonds under a pilot project entitled “Mortgage Securities Factory” - a new tool launched by the Agency for Housing Mortgage Lending (AHML) to refinance mortgage loans.
Norton Rose Fulbright has advised a syndicate of senior and mezzanine lenders on a US$122 million financing of mobile communications infrastructure across Myanmar. The financial package consists of a subordinated loan of US$13 million with a tenor of 9 years and a long term senior loan of US$109 million with a tenor of 8 years.
Allen & Overy LLP advised Oesterreichische Kontrollbank on legal aspects of its public offering of $1.0 billion of 1.875% Guaranteed Global Notes due 2021.
The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.
Clifford Chance advised 15 lenders on financing Nigeria's first fully privately financed independent power plant (IPP). The plant will begin with a 450MW open cycle gas turbine power station due to come on-stream in 2017. It represents the first phase of what will ultimately be a 1,500MW power plant.
Japanese Sumitomo Mitsui Finance and Leasing Co., Ltd. acquires a controlling shareholding in DMG MORI Finance GmbH, a German leasing company
Cologne–Luther advised the Sumitomo Mitsui Finance and Leasing Co., Ltd.(SMFL) in relation to the acquisition of 35.2% of the shares in DMG MORI Finance GmbH. Seller is DMG MORI CO., Ltd.,which retains a minority stake in the company.
Prior to the transaction Sumitomo Mitsui Finance and Leasing Co.,Ltd. held 14.9% in the DMG Mori Finance GmbH's share capital. As result of the acquisition
Tiwel Holding AG, a company controlled by the Renova Group, has completed a mandatory tender offer for all publicly held shares in Sulzer AG. Sulzer AG is listed on SIX Swiss Exchange and specializes in the supply of equipment for the oil and gas sector, power generation, production of cellulose, and operates in space and machine engineering.
Watson Farley & Williams LLP (“WFW”) successfully acted for the lenders in relation to two loan facilities made available to Ardmore to refinance existing indebtedness in relation to certain companies within the group and ships owned by said companies.
The Harbour Row development is a landmark project within the Bahrain Financial Harbour. It will comprise luxury residential units – including studios, one-bedroom, two-bedrooms, three-bedrooms and penthouses – and a promenade with a trendy commercial element.
Trowers & Hamlins is advising GFH on the legal structuring of the project, including advising on the overall community structure, the interplay between its various elements, and the template documentation for the sale and lease of units.
DLA Piper has advised client Lufax Holding Ltd ("Lufax"), the ultimate controlling company of Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., on the issuance of new shares, raising approximately US$ 1.2 billion.
In the autumn of 2014 we advised EBRD and DEG, the largest European development institutions, in connection with the refinancing of facilities provided to Tyazhpromarmatura JSC (“Oil & Gas Systems”), Russia’s largest machinery producer, and its leading manufacturer of pipeline valves. EBRD initially provided financing of €123 million in February 2014 and we acted in connection with the introduction of DEG into the lender group and an increase in the facilities to a total of €265 million.