Clifford Chance has advised on two recent headline deals in India.

White & Case LLP has advised a syndicate of banks led by Natixis and BNP Paribas, as Global Coordinators, Joint Lead Managers and Joint Bookrunners, and HSBC Bank plc and J.P. Morgan Securities plc as Joint Bookrunners, on Parrot's €300 million right issue.

Founded in 1994 by Henri Seydoux and listed on the regulated market of Euronext Paris since 2006, Parrot creates, develops and markets advanced technology wireless products, particularly civil and professional drones.

Shearman & Sterling advised Eurobank Ergasias (Eurobank) on the sale of 80 percent of Eurolife ERB Insurance Group Holdings (Eurolife) to Fairfax Financial Holdings Limited (Fairfax), following a competitive bidding process. The transaction represents an important part of Eurobank’s restructuring plan and a significant step forward in executing its strategy to gradually exit non-banking operations.

On December 11, 2015 Allianz SE (DAX: ALV) completed the sale of Allianz Suisse Rückversicherungs-Gesellschaft AG to Glacier Reinsurance AG, a wholly owned Swiss subsidiary of Catalina Holdings (Bermuda) Ltd. The terms of the transaction have not been published.

Allianz Suisse Rückversicherungs-Gesellschaft AG is a Swiss regulated reinsurer. On June 30, 2015 – adjusted for pre-transaction dividends – Allianz Suisse Re had total assets of CHF 87 million, gross reserves of CHF 41 million, and shareholder equity of CHF 42 million.

Partners Group, the Swiss private markets investment manager, announced on December 3, 2015 that its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, have entered into a derivative transaction involving up to 4.1% each of Partners Group's total share capital, which corresponds to a maximum deal value in excess of CHF 1 bn.

On 21 December 2015, the resolution by the extraordinary General Meeting of Deutsche Postbank AG (“Postbank”) of 28 August 2015 was registered in the commercial register of Postbank in Bonn. Thereby, the remaining 3.2% minority shareholdings in Postbank have been transferred to Deutsche Bank. The cash compensation has been set at €35.05 per share in accordance with the requirements of the German Stock Corporation Act. Upon registration, Postbank has become a wholly owned subsidiary of
Deutsche Bank.

The Athens office of global law firm Norton Rose Fulbright has advised Citigroup and Nordea Bank and a syndicate of lenders, on a US$1.3 billion Korean ECA-backed loan facility for GasLog Ltd, the NYSE-listed owner, operator and manager of liquefied natural gas (LNG) carriers. The loan facility will be used by GasLog to finance its newbuilding programme of eight new build LNG carriers, under construction in Korea by Samsung and Hyundai, and most of which are chartered to BG Group.

Herbert Smith Freehills has advised IFM Investors (IFM) on its sale of Pacific Hydro to China’s State Power Investment Corporation (SPIC). The sale comes after a global competitive trade sale process.

Pacific Hydro, which was acquired by IFM in 2005, owns 900 megawatts of generation capacity across 19 hydropower dams and wind farms in Australia, Chile and Brazil, as well as a significant pipeline of wind and hydro development projects in Australia, Chile and Brazil.

JPM, together with Ontario Teachers' Pension Plan, have completed the acquisition of Koole Terminals* from EQT Infrastructure. Allen & Overy advised J.P. Morgan Asset Management, on the acquisition.

Allen & Overy has advised BNP Paribas, the lead manager, on the first export credit agency (ECA) supported bond in respect of ATR aircraft.  The bond is guaranteed by Coface and reinsured by SACE.

The bond was issued in connection with loans provided in relation to ten (10) ATR 72-600 aircraft for the Lion Air Group. This is the highest number of aircraft to be included within a single ECA supported bond issuance.