Resource

 

 

 

 

 

 

 

 

 

 

 

Finance & Banking

Ashurst advises on WestSide A$100 million reserve-based lending facility

25 Oct 2018

International law firm Ashurst advised Commonwealth Bank of Australia, as lender and mandated lead arranger, on a A$100 million reserve-based lending facility in favour of WestSide Corporation Pty Limited (and certain subsidiaries) in connection with WestSide's interest in the Greater Meridian Gas Fields west of Gladstone in Queensland's Bowen Basin.

Ashurst advises regional savings banks on the financing of the acquisition of a stake in Kraft & Bauer by DBAG Fund VII

25 Oct 2018

Ashurst advised Regional Savings Banks of Böblingen and Biberach on the financing of the acquisition of a stake in Kraft & Bauer, a manufacturer of fire protection systems, by DBAG Fund VII.

In the course of this transaction DBAG Fund VII acquires a majority stake in Kraft & Bauer, in addition, listed DBAG invests alongside the fund and will hold 20 per cent of the shares. Sellers are the Swiss financial investor Invision, the founding family Bauer and the current managing director Frank Foddi.

CMS advises BLME on acquisition of landmark Glasgow City office property

25 Oct 2018

International law firm CMS has advised Bank of London and The Middle East (BLME) and their investors, on the £55m Shariah compliant acquisition of 1 Atlantic Quay in Glasgow, in partnership with Darin Partners. Located in the heart of Glasgow’s financial district, Atlantic Quay 1 is a recently refurbished Grade A prime office investment extending to 121,737 sq ft.

Mayer Brown represents Development Bank of Mongolia LLC in benchmark US$500 million bond issuance

24 Oct 2018

Mayer Brown represented Development Bank of Mongolia LLC, Mongolia's development and export-import bank, in its benchmark US$500 million five-year bond that closed this week.

DBM, a wholly Government-owned and systematically important bank,were priced at 98.973% on a coupon of 7.25% to yield 7.50%.

Studio City International Holdings Limited $359.4 Million Initial Public Offering

24 Oct 2018

Davis Polk advised the representatives of the underwriters on the SEC-registered initial public offering by Studio City International Holdings Limited of 28,750,000 American Depositary Shares, each representing four Class A ordinary shares, for total gross proceeds of approximately $359.4 million. Studio City has granted the underwriters an option to purchase up to an additional 4,312,500 ADSs. The ADSs are listed on the NYSE under the symbol “MSC.”

White & Case Advises Banks on Berlin Hyp's €500 Million Green Pfandbriefe Issuance

24 Oct 2018

Global law firm White & Case LLP has advised ABN AMRO Bank N.V., Bayerische Landesbank, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate & Investment Bank, J.P. Morgan Securities plc and Bankhaus Lampe KG, as managers, on Berlin Hyp AG'a issuance of green Pfandbriefe for an aggregate principle amount of €500 million.

Ashurst advises Oldenburgische Landesbank AG and Raiffeisenlandesbank Niederösterreich-Wien AG on an acquisition financing

24 Oct 2018

AUCTUS Capital Partners, a Munich-based financial investor focusing on small and medium-sized enterprises (SME) in the German-speaking region, acquired a majority stake in Robert Bürkle GmbH. Oldenburgische Landesbank AG and Raiffeisenlandesbank Niederösterreich-Wien AG arranged the financing. They were advised by Ashurst.