Baker & McKenzie acted as Ukrainian law counsel to the European Bank for Reconstruction and Development (EBRD) in connection with a new US$25 million term loan facility for Nibulon, Ukraine’s leading grain trader, logistic operator and exporter. This new transaction follows an EBRD syndicated loan facility of up to US$130 million to Nibulon which was signed in August of this year.
Norton Rose Fulbright has advised HSBC, Morgan Stanley, Deutsche Bank, CITIC Securities and UBS joint sponsors, joint global coordinators and joint bookrunners on BAIC Motor Corporation Limited’s HK$12.1 billion global offering and its initial public offering on the Main Board of the Hong Kong Stock Exchange.
Norton Rose Fulbright has acted for the financiers – Banco Santander, Commonwealth Bank of Australia, Credit Agricole CIB Australia, The Bank of Nova Scotia Asia and United Overseas Bank – on the successful ALTRAC Light Rail Consortium bid (formerly known as the Connecting Sydney Consortium) for the Sydney Light Rail PPP project.
ALTRAC Light Rail, which comprised Alstom Transport Australia, Transdev, Acciona and Capella Capital, will deliver and operate the new CBD and South East light rail in Sydney.
Linklaters has advised the leading banks as Dutch energy-from-waste and water treatment facility operator AVR-Afvalverwerking B.V. establishes a structured secured debt issuance platform pursuant to which AVR has raised €130,000,000 of senior term and revolving credit facilities from its relationship lenders, US$75,000,000, £16,000,000 and €197,000,000 of US private placement notes and €23,000,000 of institutional term debt by way of a European private placement.
Hogan Lovells has advised the underwriters, which include UBS AG Hong Kong Branch, DBS Asia Capital Limited and CIMB Securities Limited, on the Hong Kong IPO and Rule 144A placing of Nirvana Asia Ltd ("Nirvana"), the largest integrated death care service provider in Asia.
The public offering of the shares was oversubscribed by more than 50 times. The IPO price was set at HK$3.00 per share, raising US$261 million. If the over-allotment option is exercised in full the deal value would increase to approximately US$300 million.
Hogan Lovells has advised Monitise plc on a share issue of 8.2% of its existing share capital, raising £49.2 million from three strategic partners - Santander Group, TelefónicaGroup, and MasterCard Inc. The transaction was announced on 27 November 2014.
AIM listed Monitise is a leading global Mobile Money specialist. The investment proceeds will be used to support the development and accelerated rollout of its global platform and Mobile Money ecosystem. The strategic partners are also expanding their existing commercial collaborations with Monitise.
Freshfields Bruckhaus Deringer has advised the underwriters on the US$146m IPO of Xiabuxiabu Catering Management (China) Holdings Co., Ltd. (Xiabuxiabu) on the Hong Kong Stock Exchange, which listed yesterday.
Xiabuxiabu is a leading fast casual restaurant operator in China which offers bar-style hotpot cuisine.
Freshfields advised the underwriters, Bank of America Merrill Lynch and Credit Suisse, on both the Hong Kong and US law aspects of the transaction.
Slaughter and May advised Standard Chartered in relation to the sale of its consumer finance businesses in Hong Kong and Shenzhen, being PrimeCredit Limited and Shenzhen PrimeCredit Limited, to a consortium comprising China Travel Financial Holdings Co., Limited, Pepper Australia Pty Limited and York Capital Management Global Advisors, LLC. The transaction is subject to certain regulatory approvals.
Jun He Law Offices advised on PRC law and Paul, Weiss, Rifkind, Wharton & Garrison advised on US law.
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Allen & Overy LLP advised Deutsche Annington in connection with a syndicated bridge facility for the financing of the cash portion of a voluntary public takeover offer (combined cash and share exchange offer) by Deutsche Annington for Gagfah shares.
Allen & Overy has advised longstanding client, the Asian Development Bank (ADB), on an USD100 million credit facility for Yoma Strategic Holdings Ltd (Yoma) which will establish on-going investment by Yoma in connectivity projects in Myanmar in a number of sectors including telecommunications, transportation, logistics and education.