EDAG, one of the world’s largest independent engineering services providers for the global automotive industry, completed its IPO with the initial listing of its shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. A total of 10,062,500 shares (including 1,312,500 shares in connection with an overallotment) were placed from the holdings of ATON GmbH, an investment company of the Helmig family. Based on the offer price, the total gross volume of placement amounted to approximately €191m (including the overallotment).

In November 2015, the Banking and Finance practice team advised Bank Zachodni WBK and Bank BGZ BNP Paribas on providing financing for residential projects in Cracow and Warsaw.

Advising Bank Zachodni WBK

Lawyers from Dentons’ Banking and Finance practice team advised Bank Zachodni WBK acting as lender in relation to a PLN 84 million financing. The loan will cover a residential development on Cystersow Street in Cracow. The transaction was closed on November 17.

King & Wood Mallesons has advised Bank of Qingdao as US, PRC and Hong Kong legal counsel on its US$607 million listing on the Main Board of the Hong Kong Stock Exchange.

Ashurst advised Oberbank AG and Raiffeisenlandesbank Oberösterreich Aktiengesellschaft in connection with financing the acquisition of VHP Haas Holzindustrie GmbH (VHP Haas) and Bayerwald - Fenster Haustüren GmbH (Bayerwald) by the Munich-based industrial holding company ADCURAM Group AG (ADCURAM). Both companies were part of the Haas Group with its head office located in Lower Bavaria. The entrepreneurial family Haas is the seller.

Clifford Chance has advised CACEIS Bank Deutschland GmbH on the sale of an office building in Vienna. CACEIS Bank Deutschland GmbH sold the German property company as part of the liquidation of the "Morgan Stanley P2 Value" fund. The buyer is the property investment management company Warburg-HIH Invest Real Estate GmbH, Hamburg. The office building is the last property still held by the fund.

The Banking and Corporate teams from  Burges Salmon have advised Santander UK plc on the financing of the management buy-out of International Logistics Group (ILG).

The Burges Salmon team, led by partner Rachael Ruane, advised Santander on the banking and corporate aspects of the transaction including all finance documents and due diligence on the acquisition documents and investment agreement.

Ashurst has advised the three mandated lead arrangers Natixis, BNP Paribas CIB and Credito Valtellinese as well as the French infrastructure debt fund SCOR Infrastructure Loans II in relation to the € 222 million project bond and project finance refinancing of Etrion Corporation's 53.5 MW Italian solar portfolio.

This deal is the second project bond in Italy in the renewables sector after Antin Solar closed in November 2014, also arranged by Natixis and advised by Ashurst.

Calvin Capital Limited (Calvin), a leading funder, owner and manager of gas and electricity meters, has announced that it has raised approximately £1bn to support the expansion of more than 7million smart meters in homes across Great Britain.

Gide advised BNP Paribas, as sole lead manager, on the issuance by Apicil Prévoyance of € 150 million fixed rate dated subordinated notes due November 2025, admitted to trading on the Euro MTF. CMS Bureau Francis Lefebvre advised Apicil Prévoyance.

Gide's team was led by partner Hubert du Vignaux, assisted by Laurent Vincent and Aude-Laurène Dourdain.

Advising Caisse des Dépôts et Consignations in connection with the setting-up of a bond financing for phase 1 of the Archade Program (dedicated to the development of innovative equipment for cancer diagnosis and treatment).

Membres

* Antoine Payen
* Camille Mercier
* Guillaume Rossignol
* Stéphanie Segal