The Hong Kong office of law firm Eversheds has advised China Merchants Securities (HK) Co., Limited as the placing agent in connection with the HK$430 million Placing and top-up Subscription of Wonderful Sky Financial Group Holdings Limited (“Wonderful Sky”).

The Placing and top-up Subscription by the controlling shareholder of Wonderful Sky (the “Top-up Subscription”) were successfully completed on 23 April 2015 and 4 May 2015 respectively.

Clifford Chance has advised a group of 13 banks serving as joint placement managers on the international aspects of Malakoff Corporation Berhad's US$769 million (RM2.74 billion) initial public offering and listing on Bursa Malaysia Securities Berhad. The shares were offered globally, including in the US, pursuant to Regulation S and Rule144A. The deal priced at RM1.80 per share.

Hogan Lovells London-based trade and commodity finance team has advised Deutsche Bank on a €250m working capital facility for NLMK Europe Plate Division.

Hogan Lovells advised Deutsche Bank as co-ordinating mandated lead arranger, bookrunner and agent on the €250m revolving collateralised credit facility which is guaranteed by OJSC Novolipetsk Steel (NLMK) and made available to group company borrowers in Belgium and Italy.

Mayer Brown JSM has advised Trade and Development Bank of Mongolia (TDB) in connection with the update and the issuance of US$500 million 9.375 percent notes due 2020 under its Global Medium Term Note Programme established in 2014 guaranteed by the Ministry of Finance on behalf of the Government of Mongolia. This is the first time that TDB has accessed investors in the United States. Deutsche Bank, ING and BofA Merrill Lynch acted as the joint bookrunners and lead managers for the issuance.

Minsheng Royal Asset Management-Herald Leasing No. 1 Huifu ABS, the first lease-backed securitization product of Herald International Financial Leasing Co., Ltd. (“Herald Leasing”) was successfully issued, raising RMB430mln. Minsheng Royal Asset Management Co., Ltd. acts as manager and Dacheng provides legal counsel for the ABS program.

Fujian Haixia Bank Co., Ltd. gained approval from People’s Bank of China for issuing no more than RMB2bn worth of bonds in the national interbank bond market to replenish the bank’s tier-2 capital. On April 27, the bonds were successfully issued.

Dentons have announced a successful and groundbreaking result for our client, Wilmington Trust, National Association, with the recent decisions of the courts overseeing the worldwide proceedings involving the Nortel group of companies. After more than six years, Canadian and US courts resolved the long-running bankruptcy proceedings of the now obsolete Nortel and Dentons partners John Salmas and Ken Kraft (Insolvency and Restructuring) were on the winning side of the US $7.3 billion proceeds allocation dispute.

Herbert Smith Freehills has advised Australian Finance Group Ltd (AFG) in relation to its initial public offering and listing on the Australian Securities Exchange (ASX). The offer consisted of an institutional offer, broker firm offer and priority offer (Offer) and valued AFG at A$257.8 million at the final offer price of A$1.20 per share.

White & Case LLP has advised a group of Chinese and international banks on facilities of around €1.29 billion for Sailing Investment Co, S.a r.l, wholly-owned by Shanghai Jinjiang International Hotels Development Company Limited, the Shanghai-listed Chinese hospitality management company which is a subsidiary of Chinese state-owned Jin Jiang International Holdings Co., Limited.

The facilities support Jin Jiang International's €1.29 billion acquisition of Europe's second largest hotel chain, Groupe de Louvre (Louvre Hotels Group), from Starwood Capital.

White & Case LLP has advised Morgan Stanley as Sole Global Coordinator and Joint Bookrunner, and Credit Suisse as Joint Bookrunner, on the sale to institutional investors by Timone Fiduciaria S.p.A. of 7,537,998 ordinary shares in Azimut Holding S.p.A.

The share sale corresponds to approximately 5.26% of the share capital in Azimut and has been carried out through an accelerated book build for an aggregate value of approximately €210 million.