Leading international law firm Clifford Chance has advised Moelis Advisory Australia Pty Ltd and Euroz Securities Limited in their roles as underwriters to the initial public offering (IPO) of Updater, Inc on the Australian Stock Exchange (ASX).
De Brauw Blackstone Westbroek advised ABN AMRO on its listing on Euronext Amsterdam. It is the largest equity offering of a financial institution in Europe since May 2007.
Trading started on Friday, 20 November 2015. The price per offered depository receipt was EUR 17.75, corresponding to an ABN AMRO equity value of approximately EUR 16.7 billion. ABN AMRO’s return to the stock market comes seven years after the bank was nationalised at the height of the financial crisis.
Clifford Chance has advised Société Générale and Standard Chartered Bank in connection with the $750 million inaugural offering of 9.50% notes due 2025 by the Republic of Cameroon.
This transaction is intended to enable the Republic of Cameroon to finance development projects and, in particular, the repayment in full of the SONARA bridge loan, the partial financing of the three-year emergency plan and certain long-term investment projects identified in the 2015 budget.
Macfarlanes has advised leading Luxembourg-based fintech company MyBucks on the acquisition of six banks in Ghana, Kenya, Mozambique, Malawi, Tanzania and Uganda from international NGO Opportunity International.
International law firm Simmons & Simmons is advising Evercore Partners International LLP and J.P.Morgan Cazenove, as joint financial advisers and joint sponsors to ICAP plc and ICAP Newco, in connection with the proposed disposal of ICAP’s global hybrid voice broking and information business, including ICAP’s associated technology and broking platforms (including iSwap and Fusion) and certain of ICAP’s joint ventures and associates (together “IGBB”), to Tullet Prebon plc.
Leading international law firm Freshfields Bruckhaus Deringer has advised Worldpay Group plc (“Worldpay”) on its inaugural bond offering of €500 million 3.75% senior notes due 2022 (the “Notes”), issued by Worldpay’s wholly owned subsidiary, Worldpay Finance plc.
Davis Polk advised Santander Issuances, S.A. Unipersonal in connection with its SEC-registered offering of $1.5 billion aggregate principal amount of 5.179% tier 2 subordinated notes due November 2025.
Santander Issuances, S.A. Unipersonal is a financing vehicle and wholly owned subsidiary of Banco Santander, S.A.
Mayer Brown advised UniCredit Bank AG and other banks on the underwriting and placement of EUR 890 million Notes issued by Eurogrid GmbH under its EUR 5 billion debt issuance program, divided in two series. The first series bears interest of 1,625 % and is due 2023, the second bears interest of 2.625 % and is due 2030. The banking consortium included BNP Paribas, ING Bank N.V., Mitsubishi UFJ Securities International plc and UniCredit Bank AG.
Wragge Lawrence Graham & Co's (WLG) Investment Funds team has advised Project Finance Investments Limited (PFIL) on a £106 million fundraising.
PFIL is a new listed fund that will invest in a diversified portfolio of projects which have contracted, predictable medium to long term cash flows and/or physical assets.
All of PFIL's shares have been admitted to the Premium Listing segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities.
As joint representative of the bondholders of 3W Power S.A., Team Treuhand advised on amending the terms and conditions of the EUR 50 million bond issued last year as part of the restructuring. Team Treuhand, a Noerr Group company, thereby facilitated the issue of a new convertible bond in the volume of EUR 14 million.