International law firm Ashurst is advising Greenhill & Co International LLP, in its capacity as sponsor, in relation to the proposed class 1 disposal by Greencore Group plc of its US business to Hearthside for an enterprise value of US$1,075 million (subject to customary adjustments). The disposal is a class 1 transaction for Greencore under the Listing Rules, and is therefore conditional upon, among other things, the approval of its shareholders.

Ashurst advised Barclays Bank PLC and Jefferies International Limited as joint global co-ordinators and joint bookrunners (and Jefferies as sponsor) in relation to a £140 million firm placing and placing and open offer by Countrywide plc announced on 2 August 2018.

Dentons Rodyk is acting for DBS Bank (DBS) in its grant of a S$300 million multi-currency sustainability-linked loan to CapitaLand. The five-year term loan and revolving credit facility is the first and largest sustainability-linked loan in Asia’s real estate sector. It is also Singapore’s largest sustainability-linked financing provided by a sole lender.

A cross-border team from Baker McKenzie in Singapore and Hong Kong has advised LGT Group Foundation ("LGT") on its cornerstone investment in China Renaissance Holdings Limited ("China Renaissance"), an investment bank dedicated to China’s new economy businesses. China Renaissance successfully went public on the Main Board of The Stock Exchange of Hong Kong Limited on 27 September 2018, raising USD 347 million (approximately HKD 2.7 billion). As a cornerstone investor, LGT has acquired a USD 25 million stake in the business.

Leading global law firm Baker McKenzie in Buenos Aires advised Goldman Sachs on its investment in Uala, a personal financial management mobile app, electronic payment processor and issuer of MasterCard prepaid cards developed by Bancar Technologies Limited.

The investment by Goldman Sachs was executed by its participation as lead investor in the latest funding round of Bancar Technologies Limited, the sole shareholder of Bancar Tecnologia S.A.U.

Baker McKenzie advised Deutsche Beteiligungs AG (DBAG) and DBAG Fund VII managed by DBAG on its investment in Kraft & Bauer Holding GmbH (Kraft & Bauer), one of the leading providers of fire protection systems for machine tools. The transaction is subject to antitrust approval and is expected to close in the coming yearly quarter. The parties agreed not to disclose the purchase price.

Jones Day advised the consortium of senior creditors consisting of Belfius Bank SA/NV, BNP Paribas Fortis SA/NV, Coöperatieve Rabobank U.A., De Volksbank N.V.

Mayer Brown represented BNP Paribas in connection with its role as a lead arranger for the lenders party to the Veterans Coordinated Approach to Recovery and Employment (Veterans CARE), a Pay for Success project credit facility to improve employment outcomes for veterans with service-connected post-traumatic stress disorder (PTSD). This project is supported by the Department of Veterans’ Affairs, the city of Boston, New York City partners and the Commonwealth of Massachusetts.