Ashurst is advising Rothschild & Co in relation to JD Sports' recommended cash offer for Footasylum, announced today. The terms of offer value the entire issued and to be issued ordinary share capital of Footasylum at up to approximately £90.1 million on a fully diluted basis.
Global law firm Norton Rose Fulbright has advised Bank BGZ BNP Paribas S.A. on the loan facilities made available to ISOC Group for the purpose of financing the acquisition of the Argon office building in Gdansk, Poland, located in the Alchemia office complex.
The office building was sold by Torus, a leading Polish commercial real estate developer.
The purchaser, ISOC Group, is a real estate and infrastructure investment company with its headquarters in the Philippines.
Global law firm Norton Rose Fulbright has advised Crédit Industriel et Commercial (CIC) and BNP Paribas on the £70.5m financing of the newbuild diving support vessel m.v. “Deep Discoverer” for Technip UK Limited. The ship has been acquired by a subsidiary of CIC and the financing carried out in the form of a financial lease at the end of which the vessel was rented by Technip.
Norton Rose Fulbright Paris banking and finance team advised CIC, acting as arranger, as well as CIC and BNP, acting as lenders, on the set-up of this French lease financing.
Allen & Overy has advised a syndicate of banks on the successful issue of a EUR 500 m bond (ISIN: XS1961019426) by Landeskreditbank Baden-Württemberg – Förderbank (L-Bank) with a coupon linked to the SOFR (Secured Overnight Financing Rate).
The syndicate comprised Bank of Montreal, London Branch; Deutsche Bank AG, London Branch; J.P. Morgan Securities plc and RBC Europe Limited as joint lead managers. Bank of Montreal also acted as technical lead.
Global law firm White & Case LLP has advised First Abu Dhabi Bank, HSBC, Gulf International Bank, J.P. Morgan and Standard Chartered Bank on the establishment by Almarai Sukuk Ltd. of a Reg S US$2 billion Trust Certificate Issuance Programme, and on the issuance of US$500 million Trust Certificates due 2024 thereunder.
HONG KONG – Dechert advised Guotai Junan Capital Limited (acting as Sole Sponsor), Guotai Junan Securities (acting as the Sole Global Coordinator) and the Underwriters on the HK$1.93 billion global offering, initial public offering and listing of China Risun Group Limited (“China Risun”) on the Main Board of the Hong Kong Stock Exchange. The shares began trading on March 15, 2019.
Baker McKenzie has acted as Australian and U.S. legal counsel to RBC Capital Markets and Morgans Corporate Limited, as joint lead managers of a fully underwritten AUD 50 million institutional placement by Megaport Limited (ASX:MP1) and a secondary AUD 10 million sell-down by Mr Bevan Slattery, Chairman of Megaport Limited.
Baker McKenzie Cairo's Banking and Finance team advised a six-bank consortium led by National Bank of Egypt on a US$ 100 million and EGP 1.2 million multicurrency bridge facility to Canal Sugar Company.
The consortium comprised of National Bank of Egypt, Qatar National Bank Al Ahli, Bank of Alexandria, The United Bank, Industrial Development Bank and Suez Canal Bank.
Ashurst has acted for DBS and Societe Generale as joint Mandated Lead Arrangers, and other lenders including MUFG, HSBC and Maybank, in relation to US$400 million borrowing base facilities to Sentek Marine & Trading Pte. Ltd (Sentek Marine).
Muscat—Dentons has advised the lenders as Oman legal counsel on the US$4.61 billion financing of the Duqm Refinery Project, the largest project financing in Oman and one of the largest in terms of deal size in the Middle East. The transaction achieved financial close on 24 January 2019.