Noerr has provided comprehensive advice to Volkswagen Financial Services AG on the acquisition of a 92% interest in sunhill technologies GmbH. With this transaction Europe’s largest automobile financial services provider has selectively expanded its product portfolio in the area of mobility services.
DLA Piper has advised the Clean Energy Finance Corporation (CEFC) in connection with Epuron's Yulara Solar project in the Northern Territory. This is the second deal CEFC has closed with Epuron - having also financed the recently completed Uterne expansion.
Allen & Overy said today the recent EUR646 million public Logistics UK 2015 and EUR181m REITALY Finance 2015 CMBS transactions mark important steps towards the revival of the CMBS market in Europe.
The Logistics UK 2015 transaction, which closed in August, is backed by a single floating rate loan secured by 42 distribution warehouse properties located throughout the UK and ultimately owned by Logicor Europe Holdings, a portfolio company of The Blackstone Group.
Clifford Chance has advised ABN AMRO N.V. ("ABN AMRO'') on its successful EUR 1 billion debut offering of additional tier one (AT1) instruments, so-called CoCo's (Contingent Convertibles).
ABN AMRO mandated its own investment bank, Citibank, Goldman Sachs, HSBC, Morgan Stanley and UBS as joint bookrunners for the issue of their inaugural perpetual non-call five year AT1. Commerzbank, Natixis and Société Générale were mandated as Co-Lead Managers.
Clifford Chance has advised on the issuance of US$100 million floating rate, amortising trust certificates due 2020 (the Issuance) issued by International Finance Corporation (IFC). The Issuance was completed on 15 September 2015 and the trust certificates were admitted to trading on NASDAQ Dubai.
King & Wood Mallesons advised Landesbank Hessen-Thüringen and Bremer Kreditbank AG (BKB) as mandated lead arranger in connection with a syndicated loan facility for PAS Group (PAS). The syndicated financing for PAS has a five-year term and is used to refinance existing indebtedness as well as for working capital purposes.
CMS has provided legal advice on financing the construction of Poland's first hospital of this scale under the PPP formula. This project will pave the way for the implementation of similar large projects of this type in Poland. As part of the investment, InterHealth Canada Limited will build a new facility in Zywiec, which will replace the only hospital in the region, which will be closed down. The private partner will be also responsible for the provision of medical services in the new facility.
Allen & Overy is advising Worldpay Group Limited (“Worldpay”) as Company Counsel on its prospective initial public offering (IPO) and admission to the premium listing segment of the Official List and to trading on the London Stock Exchange (LSE).
Worldpay, a leader in global payments, today announced its intention to proceed with an IPO. It is expected that admission to the LSE will take place in October 2015, after which, Worldpay will become eligible for inclusion in the FTSE UK Index Series.
Ince & Co Singapore acted as lead legal counsel to a syndicate of banks, led by SMBC, as Coordinating Bank, with respect to two non-recourse term loan facilities of US$180 million each provided to BW Pavilion LNG for the purpose of acquiring two newbuild LNG vessels (the BW Pavilion Vanda and BW Pavilion Leeara) built at Hyundai Heavy Industries. The other banks in the syndicate were OCBC, CIC, DBS, Société Générale and the financial institution Clifford Capital. SMBC is also the Facility Agent, Security Trustee and Account Bank.
Ashurst advised China Development Bank (CDB) and Bank of China on the Phase 2 financing of the Beineu-Shymkent Gas Pipeline (BSGP). The project involved a US$700m upsizing of the existing US$1.8bn syndicated loan facility.
The BSGP pipeline is a strategic project of the Kazakhstan government, which will link gas-rich western Kazakhstan to the consumer market of South Kazakhstan and China (through the China-Central Asia Gas Pipeline). Phase 1 of the 1,475km pipeline was completed in September 2013.