Norton Rose Fulbright has advised Nigeria’s largest mobile payment company Paga on its latest financing round.

The $13m Series B financing was led by Adlevo Capital. Other institutional investors in this round include Omidyar Network, Goodwell West Africa, Acumen Fund, and Capricorn Investment Group. Also joining the list of individual investors in Paga is Jeremy Stoppelman, co-Founder and CEO of Yelp and one of the early team members at PayPal.

GlNorton Rose Fulbright has advised JP Morgan Cazenove, acting as placing agent, on the approximately £90 million placing and open offer of JZ Capital Partners, the London listed private equity-driven fund on September 30, 2015.

Ashurst advised Israeli bank Mizrahi Tefahot Bank on the financing of the acquisition of Lumenis Ltd. by XIO Group. The Chinese investment company purchased the majority of the shares in the NASDAQ-listed medical technology company for US$510 million. The shares were sold by Lumenis' major shareholders, Viola Group and XT Hi-Tech Investments (1992) Ltd., which collectively owned approximately 59 per cent of the shares.

Israel-based Lumenis Ltd. is a global leader in the field of minimally-invasive clinical solutions for the surgical, ophthalmology and aesthetic markets.

Norton Rose Fulbright has advised BayernLB Capital Partner GmbH (BayernLB Capital Partner) and its managed funds as well as the company’s management in relation to the sale of Karlsruhe-based ISU Group Gmbh (ISU), a leading independent employment agency in Germany, to Belgian recruitment agency Actief Interim (Actief).

Actief is held by Dutch private equity fund Gilde Equity Management (Gilde). The Add-On acquisition was implemented as a secondary buy-out with reinvestment of the management of ISU in the new German holding Actief Holding Germany GmbH.

Hill Dickinson has acted for Next Wave Partners and other shareholders on the £51m secondary buy-out of Fox International, Europe’s largest privately owned fishing tackle company.

Next Wave has completed the sale of a majority stake in Fox International to Mayfair Equity Partners whilst retaining a significant minority interest. The transaction, which values Fox at £50 million, gives Mayfair majority control of the business alongside Fox’s management team, led by its chief executive, David Algar.

Law firm Eversheds has advised German bank, ProCredit Holding AG & Co. KGaA, on the sale of its banking operations in the Democratic Republic of Congo (DRC) to Equity Group, the publicly quoted Kenyan bank.

The transaction completed on September 29, 2015 and involved the sale of the entire stake in the Bank held by ProCredit, Belgische Investeringsmaatschappij voor Ontwikkelingslanden N.V. and Stichting DOEN to Equity Group.

Allen & Overy has advised ANZ as sole lead manager and bookrunner in relation to the Republic of Fiji’s USD200 million sovereign bond offering. The transaction comprised a simultaneous cash tender offer for Fiji’s outstanding bonds due 2016 and an offering of new bonds.

ANZ was mandated as dealer manager of the tender offer and lead manager of the new bond offering. Fiji’s most recent USD-denominated bond issue was in 2011, a transaction on which Allen & Overy also advised.

Mayer Brown has advised Bank of America Merrill Lynch as arranger on a €145 million multi-loan, pan-European CMBS transaction secured against light industrial assets located in France, Germany and the Netherlands.

The €145 million transaction involved the issuance by Taurus 2015-3 EU DAC of six tranches of Notes each listed on the Irish Stock Exchange and rated by Moody's and DBRS.

The transaction is significant as it is the first rated French CMBS as well the first European CMBS to use an A/B loan structure since the financial crisis.

Trowers & Hamlins is pleased to have advised on the successful completion of EIIB-Rasmala's first UK commercial property deal, acquiring a 66,500 sq ft office building let to the telecoms provider Everything Everywhere (EE) at Doxford Business Park in Sunderland for £11.8 million.

TOUAX has announced it had refinanced a €67.5 million credit facility. After refinancing a €55 million facility for asset financing in the first half of 2015, and issuing €23 million in ORNANE-style bonds (redeemable in cash or shares) in early July, TOUAX has now announced it has refinanced a €67.5 million credit facility.

The financing matures in 2019, and is made up of a revolving facility and an term loan.