Simmons & Simmons has acted as legal counsel to Crédit Agricole Corporate and Investment Bank, as arranger, on the new Italian securitisation of receivables deriving from auto-loans, originated by RCI Banque S.A., Italian Branch.

The team was coordinated by Giulia Arenaccio (of Counsel), together with associate Riccardo Franceschelli and trainee Matteo Scuriatti, and partner Michele Citarella, together with senior associate Ernesto Caso, for the Italian tax law aspects.

Ashurst has acted for Commonwealth Bank of Australia as the sole arranger and joint lead manager, and for Bell Potter Securities Limited, Lonsec Limited, Morgan Stanley Australia Securities Limited and Ord Minnett Limited as the joint lead managers of the initial public offering of shares in Platinum Asia Investments.

Platinum Asia Investments, a new ASX listed investment company launched by Platinum Asset Management Limited, is seeking to raise a minimum of A$150 million through the initial public offering.

Linklaters team has advised on M11 motorway project (sections 7 and 8 of the Moscow-Saint Petersburg motorway, km 543 - km 684) - the first PPP project in Russia financed by combination of bank debt and infrastructure bonds secured by the concession rights.

Ashurst has advised Macquarie Capital (Australia) Limited (MCAL) and UBS AG, Australia Branch (UBS) as the underwriters of DUET's A$1.67 billion fully underwritten placement and accelerated non-renounceable entitlement offer to fund the acquisition of ASX-listed Energy Developments Limited (EDL).

DUET entered into a scheme implementation deed with EDL under which it is proposed that DUET will acquire 100% of EDL's shares on issue by way of a scheme of arrangement for A$8.00 per share payable in cash.

White & Case has advised European Investment Bank, Overseas Private Investment Corporation, Bank Leumi and Bank Hapoalim in the project financing of the $1 billion Negev Energy thermal solar power project.

Located in the Negev desert in Israel, the project will have a capacity of 121MW and is expected to be operational by the first half of 2018.

The financing consisted of approximately US$800 million equivalent of term loans in three currencies, a short-term interest rate hedging facility, and cost overrun and working capital facilities.

Davis Polk advised the joint global coordinators in connection with a US$300 million Regulation S-only credit enhanced bonds offering by Boom Up Investments Limited. The bonds have the benefit of a keepwell deed provided by its parent company China Minsheng Investment Corp., Ltd (the “Company”, together with its subsidiaries, the “Group”) and an irrevocable Standby Letter of Credit from China Construction Bank Corporation, Hong Kong Branch.  

On 22 July 2015, the European Investment Bank Group (EIB) and the European Commission signed an agreement to implement the Investment Plan for Europe (the Juncker plan).

As part of the deployment of the Juncker plan, Gide has advised the EIB on its first equity participation in a French fund: a €50 million commitment to the Capenergie 3 investment fund, managed by Omnes Capital and dedicated to developing renewable energies. Signed on 23 July 2015, this operation also represents the first renewable energy development operation under the Juncker plan. 

Simpson Thacher represented the dealers and the takedown underwriters, acting as sole international counsel, in connection with the update of the US$8 billion global medium term notes program by NongHyup Bank and a takedown offering of US$300 million 2.875% Notes due 2020 under the program. The offering was conducted in reliance upon Regulation S under the U.S. Securities Act of 1933, as amended.

Shearman & Sterling has advised Bank Muscat S.A.O.G. on the development and financing of the Musandam Independent Power Plant Project (IPP)—a dual fuel fired power plant in the Musandam Governorate of Oman. The IPP is being developed by Musandam Power Company, a new entity established by a consortium led by Oman Oil Company (OOC) and South Korea’s LG International Corporation.

Davis Polk advised the joint bookrunners and representatives of several initial purchasers in connection with a Rule 144A/Regulation S offering of notes by Myriad International Holdings B.V., a wholly owned subsidiary of Naspers Limited. The offering consisted of $1.2 billion principal amount of 5.500% notes due 2025. The notes are guaranteed by Naspers Limited.