Ashurst is advising on the establishment of and first acquisitions by Navigator Terminals ('Navigator'), a partnering between Macquarie Capital and Greenergy.  The transaction includes the acquisition of Royal Vopak's UK storage facilities at West Thurrock on the Thames, Seal Sands at Teesside and Windmill near Cardiff and operational storage assets of Greenergy North Tees at Teesside.

Clifford Chance has advised the underwriters in various equity and debt capital markets offerings totalling approximately $6.8 billion by Solvay SA in connection with the financing of its acquisition of Cytec Industries, Inc.

King & Wood Mallesons (KWM) has advised Bank of Zhengzhou Co., Ltd. (Bank of Zhengzhou, Stock Code: 6196) as its PRC, Hong Kong and US counsel on its HK$ 5,082 million (before the exercise of the over-allotment option) initial public offering and listing on the Main Board of the Hong Kong Stock Exchange.

On December 14, 2015, China and the United Arab Emirates (the "UAE") officially announced the launch of the China-UAE Investment Cooperation Fund (the “Fund”), witnessed by the top leaders from both countries. The Fund is jointly established by China Development Bank Capital Corporation Ltd. (CDB Capital), the State Administration of Foreign Exchange, and Mubadala Development Company of Abu Dhabi. The Fund will invest into energy, infrastructure, high-end manufacturing, clean energy and other high-growth industries.

Sidley represented Genworth Financial Inc. (NYSE: GNW), the U.S. Fortune 500 insurance and financial services company, in the recently completed sale of its London-based lifestyle protection insurance (LPI) business to AXA for €465 million (approximately $490 million) in cash. According to Genworth, the disposition was an important step toward simplifying its business portfolio and increasing its financial flexibility.

LONDON,  16 December, 2015 –Milbank advised the lenders, including the multilateral agencies European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), the export credit agencies Export Development Canada (EDC), Export Finance and Insurance Corporation (EFIC) and US EXIM, and a syndicate of commercial banks including BNP Paribas and Standard Chartered Bank, in connection with the US$4.4 billion financing for the Oyu Tolgoi Project.  The deal is the largest emerging market mining project financing to date, the largest Central Asian pr

Milbank, Tweed, Hadley & McCloy LLP represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as the Initial Purchasers, on a $1,500,000,000 debt offering by BAE Systems Holding Inc., a wholly-owned subsidiary of BAE Systems plc.

The issuance featured three tranches: $500,000,000 2.850% Guaranteed Notes due 2020, $750,000,000 3.850% Guaranteed Notes due 2025, and $250,000,000 4.750% Guaranteed Notes due 2044.  The notes are fully and unconditionally guaranteed by BAE Systems plc.

Watson Farley & Williams (“WFW”) has advised the lenders to the “Meerwind” offshore wind farm in the German North Sea in connection with its refinancing by way of a project bond.

Clifford Chance has advised Bank of China (Hong Kong) Limited on the sale of Nanyang Commercial Bank, Limited for HK$68 billion (approximately US$8.77 billion) to Cinda Financial.

The team was led by partner Cherry Chan who was supported by partner Virginia Lee, senior associate Shan Huang, and associates Ervin Chan, Grace Huang and Rae Guo.

Clifford Chance has advised Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, HSBC Bank plc, ING Bank N.V., Landesbank Hessen-Thüringen Girozentrale, Natixis, SMBC Nikko Capital Markets Limited and Société Générale on the issue of EUR 650m 2.125% Notes due 2022 by Iliad S.A..

The banks were advised by Clifford Chance with Cedric Burford, partner, and Andrew McCann, senior associate.