Resource

 

 

 

 

 

 

 

 

 

 

 

Finance & Banking

Standard Chartered - issue of Senior Notes

12 Sep 2014

Slaughter and May advised Standard Chartered PLC on its issuances of US$1 billion 1.5% Notes due 2017, US$500 million Floating Rate Notes due 2017 and US$1 billion 2.4% Notes due 2019 under its US$57.5 billion Debt Issuance Programme. Barclays, BofA Merrill Lynch, Goldman, Sachs & Co. and Standard Chartered Bank acted as joint lead managers. Sullivan & Cromwell advised as to New York law.

CONTACTS

Corporate and Financing: Nilufer von Bismarck (partner), David Hay (associate)

Davis Polk Advises on Placement of Shares in CSPC Pharmaceutical Group Limited

12 Sep 2014

Davis Polk advised UBS AG, Hong Kong Branch, Goldman Sachs (Asia) L.L.C, Morgan Stanley & Co. International plc and Citigroup Global Markets Asia Limited in their capacity as placing agents for the placement of 650,000,000 shares in CSPC Pharmaceutical Group Limited (CSPC) for a total consideration of approximately HK$4.076 billion.   

CSPC is incorporated in Hong Kong with its shares listed on The Stock Exchange of Hong Kong Limited. It is primarily engaged in the manufacture and sale of pharmaceutical products.    

Travers Smith advises Estover Energy on equity investment by John Laing and UK Green Investment Bank in £74 million Speyside CHP project

12 Sep 2014

A Travers Smith team led by corporate partner William Howard has advised existing client Estover Energy in connection with the equity investment by John Laing and UK Green Investment Bank in a new biomass Combined Heat and Power (CHP) plant in Speyside, Scotland which has been developed by Estover.

Paul Hastings Advises MoneyGram on Acquisition of MTI Money Transfer Limited

12 Sep 2014

Paul Hastings LLP, advised MoneyGram International Inc. (NASDAQ: MGI), a leading money transfer company, on its recent acquisition of MTI Money Transfer Limited, a United Kingdom-based company offering MoneyGram services across Europe.  MTI has been providing MoneyGram’s service through its established network of over 500 agent locations in the UK, Republic of Ireland, Denmark, Norway, Sweden, Finland, and the Czech Republic. The acquisition completed on 31 August 2014.

Hayfin turns to Macfarlanes to advise on £30m financing for Buy As You View

11 Sep 2014

Macfarlanes has advised Hayfin Capital Management on a £30m financing for retail and consumer finance company Buy As You View (BAYV).

The proceeds will be used to repay £23m of investment in BAYV from Rutland Partners in 2012, with the balance going to support the continued growth of the BAYV business.

The Macfarlanes team was led by banking and finance partner Andrew Perkins.

Osborne Clarke advises Wirecard on acquisition of 3pay, a leading payment provider in Turkey

09 Sep 2014

The Wirecard Group has acquired all shares in the Turkish Mikro Odeme Sistemleri lletisim San. ve Tic. A.S., headquartered in Istanbul.

Under its brand 3pay, the company is considered to be one of the leading payment providers in Turkey. Among the company's customers and partners are all Turkish mobile communications companies as well as comprehensive partnerships in gaming and social media.

Chartered Bank - settlement with the New York State Department of Financial Services

09 Sep 2014

Slaughter and May is advising Standard Chartered Bank in relation to its settlement with the New York State Department of Financial Services regarding Standard Chartered Bank's anti-money laundering transaction surveillance system at its New York branch.

Slaughter and May is working as a team with Sullivan & Cromwell.

CONTACTS

Corporate and Commercial: Nigel Boardman (partner), Nilufer von Bismarck (partner), Harriet Gallagher-Powell (associate).