De Brauw has assisted ING Bank, Rabobank and ABN AMRO as lenders on reaching new estate credit agreements for the bankrupt estate of DSB Bank.

Credit agreements have been amended and restated in order to facilitate a “super interim distribution” to the ordinary creditors of DSB Bank, amounting to 35% of their claims. The commitment has been increased from EUR 1 billion to EUR 1.4 billion.

Jan Marten van Dijk acted as lead partner.

AllBright has established a cooperative partnership with Shanghai STEP VC Technology Finance Group to advise it on the Shanghai City Angel Investment Fund STEP.

DLA Piper has advised Guotai Junan International, the sole sponsor and sole global coordinator, for Yan Tat Group Holdings Limited ("Yan Tat Group") on the company's HK$75 million IPO on The Stock Exchange of Hong Kong Limited ("the listing"). The public tranche offering of the listing was 34 times oversubscribed and the offer price was fixed at the upper end of the price range at HK$1.23 per share. The IPO process was completed in eight months, having commenced in April this year.

Freshfields Bruckhaus Deringer has advised the joint lead managers in relation to the U.S.$750,000,000 tap issue by the Republic of Kenya of its debut issue of U.S.$500,000,000 5.875% Notes due 2019 and U.S.$1,500,000,000 6.875% Notes due 2024.

Kenya managed to optimize the low and benign global rates environment and persistent investor demand for sub-Saharan African debt before the markets close over Christmas, achieving a better price than it did on its debut issue.

Linklaters has advised Abu Dhabi Financial Group on their acquisition of New Scotland Yard, 8-10 Broadway, Victoria, for £370 million. The site was purchased from The Mayor's Office for Policing And Crime (MOPAC) for redevelopment purposes.

The sale of the property exchanged on 4 December 2014. However, completion will not take place until 2016 because the Metropolitan Police will remain in occupation before moving to their new property (the Curtis Green building).

Linklaters’ team was led by UK Head of Real Estate, Andy Bruce.

Linklaters has advised the joint lead managers and joint bookrunners on the debut sovereign bond issue by the Federal Democratic Republic of Ethiopia. Ethiopia has taken advantage of record demand for high yielding African debt to raise US$1 billion, the proceeds of which will be used to fund planned government capital expenditure in priority areas including industrial zone development and the development of the sugar and energy industries. The 10-year bonds were priced to yield 6.625 percent.

Vinge advised Goldman Sachs International and Nordea Bank AB (publ) – joint global coordinators and joint bookrunners – in relation to Thule Group AB’s application for listing on Nasdaq Stockholm. Thule’s principal shareholder is Nordic Capital. A prospectus was published on 13 November and the first day of trading on Nasdaq Stockholm was on 26 November. The total value of the offering amounts to SEK 2.1 billion, assuming that the over-allotment option is exercised in full.

Stibbe advised Credit Suisse on the fines imposed by the European Commission for participating in two distinct cartels involving interest rate products denominated in Swiss francs.

Key Contact
Christof Swaak

Stephenson Harwood LLP has advised finnCap on the admission of The People’s Operator Plc (TPO) to the AIM market of the London Stock Exchange.

Stephenson Harwood's corporate finance team advised finnCap as the Nominated Adviser (NOMAD) and broker, on the £20 million placing and admission, which gives TPO a market capitalisation of £100 million.

Recently, AllBright has advised HighLight Capital on its 100 million RMB investment in JUVA (Tianjin) Medical Technology Co., Ltd. JUVA MEDTECH focuses on selling imported skin beauty laser equipment and operating optical skin care chain stores.

The AllBright team on the project included partners Shen Guoquan, Terry Liu and associate Evangel Wang, who provided HighLight Capital with comprehensive cross-border legal advice.