Hogan Lovells advised UBS AG, Hong Kong Branch ("UBS") and Deutsche Bank AG, Hong Kong Branch as the joint placing agents in respect of a placement of 121.9 million new H shares in BYD Company Limited ("BYD") for approximately HK$4.27 billion (US$550.5 million).

BYD is a leading PRC manufacturer specialising in the IT, automobile and new energy sectors. The company is one of the largest suppliers of rechargeable batteries and is the second largest producer of cell-phone shells worldwide. BYD is a listed company on the Hong Kong Stock Exchange.

Macfarlanes has advised Canaccord Genuity Limited (acting as Sponsor and Joint Bookrunner) and Liberum Capital Limited (acting as Joint Bookrunner) in connection with the London premium listing of Volution Group plc, the leading supplier of ventilation products to the residential construction market in the UK, Sweden and Germany.

Based on the offer price of 150 pence per share, which raised gross proceeds of approximately £72 million for Volution and £28 million for the selling shareholders, the market capitalisation of Volution at IPO was £300 million.

Mayer Brown advised the joint lead managers of a Euro 250 million bond issued by Sixt SE, an internationally operating car rental and leasing services provider. The bond has a term of six years and bears interest of 2.00 per cent per annum.

In the current low interest rate environment, especially after the most recent base interest rate decision of the ECB, Sixt was able to achieve very attractive refinancing conditions. After Sixt had issued a bond in 2012 with the same term and a coupon of 3.75 per cent, the current interest payable is significantly lower.

Leading international law firm Clifford Chance has advised Hanhua Financial Holding Co., Ltd. on its HK$1.86 billion (approx. US$ 239 million) listing on on the Main Board of The Stock Exchange of Hong Kong Limited. A total of 1.15 billion shares were sold at HK$1.62 per share. CICC and China Galaxy acted as joint sponsors and bookrunners.

Hanhua Financial is a leading credit-based guarantee financing provider for small and medium-sized enterprises in China. Proceeds from the listing will primarily be used for its microfinance and small loans business.

Freshfields Bruckhaus Deringer, has advised China Construction Bank Limited, the UK subsidiary of China Construction Bank (China’s second largest lender), on the establishment of its UK renminbi (RMB) clearing operations. China Construction Bank Limited is the first and only UK RMB clearing bank to be officially-sanctioned by the People’s Bank of China. This consolidates London’s position as a leading RMB centre, at a time when financial capitals around the world are vying for a slice of the fast-growing offshore RMB trade.

Law firm Eversheds has advised Investec Bank plc, as sponsor and sole bookrunner, on the £308.5 million Main Market IPO of FDM Group, the IT-focused international professional services provider.

Founded in 1991, FDM is a UK-based international professional services provider focusing principally on IT, specialising in the recruitment, training and deployment of its own permanent IT consultants across six core service areas: Development; Testing; Project Management Office; Data Analysis; Application Support; and Infrastructure.

Ashurst acted for Japan Bank for International Cooperation (JBIC) in relation to JBIC's INR 630 million investment, by subscribing for compulsorily convertible preference shares, in Takshasila Hospitals Operating Private Limited.

The Ashurst team was led by Tokyo based partner Mark Davies who was assisted by counsel Arabella Dove and associate Elaine Yik.

La Banque Postale has acquired a shareholding of 66% in SOFIAP from Crédit Immobilier de France (which sold its 51% majority shareholding) and SNCF (which sold 15%). It therefore succeeds Crédit Immobilier de France as partner to the SNCF (which retains a 34% shareholding) in SOFIAP.

Macfarlanes has advised the major shareholder on the IPO on the premium list of the main market of the London Stock Exchange of OneSavings Bank.

OneSavings Bank is a specialist lending and retail savings group serving the UK, Jersey and Guernsey.  Following the IPO, OneSavings Bank was valued at £413m.

The Macfarlanes team was led by corporate M&A partner Matthew Blows, with senior counsel William David and Mark Slade.

Davis Polk advised Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Securities LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC as representatives and joint book-running managers in connection with an SEC-registered secondary offering of 8,500,000 common units representing limited partner interests of AmeriGas Partners, L.P., sold by a subsidiary of Energy Transfer Partners, L.P.