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Finance & Banking

Milbank’s Leveraged Finance/Capital Markets Team Advises on €250M Consent Solicitation by Radisson Hotel Holdings AB

28 Sep 2018

Milbank, Tweed, Hadley & McCloy LLP advised the solicitation agent in connection with the solicitation of consents by Radisson Hotel Holdings AB, from the holders of its outstanding €250 million 6.875% senior secured notes due 2023 to certain amendments to the existing indenture. Radisson is a leading international hotel management company operating a portfolio of 374 hotels in 78 countries, as of March 31, 2018.

Royal Bank Of Scotland’s $1.75 Billion Senior Notes Offering

28 Sep 2018

Shearman & Sterling represented the underwriters, led by NatWest Markets Securities Inc., in connection with The Royal Bank of Scotland Group plc's offering of $1.75 billion 5.079% fixed-rate/floating-rate senior notes due 2030. The joint bookrunners included Credit Suisse, Morgan Stanley and UBS Investment Bank.

The Royal Bank of Scotland, headquartered in Edinburgh, has a diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.

    David Dixter

Ashurst advises on the launch of Marcus by Goldman Sachs

28 Sep 2018

International law firm Ashurst is advising Goldman Sachs on the launch of its digital-first retail banking platform, Marcus by Goldman Sachs. The new online bank intends to offer savers a consistently competitive interest rate, which starts today (September 27) at 1.50%.

Marcus combines Goldman Sachs’ 149-years of financial expertise and risk management with great customer service and the innovation and approach of an agile tech company to help customers manage their money easily and effectively. Marcus has been available in the US since 2016.

Clifford Chance advises on investment bank China Renaissance's US$346 million IPO

28 Sep 2018

Leading international law firm Clifford Chance advised the joint global coordinators, including China Renaissance Securities (Hong Kong) Limited, Goldman Sachs, ICBCI Capital and ABCI Capital, on China Renaissance Holdings Limited's US$346 million (HK$2.7 billion) listing on the Hong Kong Stock Exchange. China Renaissance is an investment banking and investment management firm dedicated to China's new economy and technology businesses.

Baker McKenzie and GOP Assist in the Acquisition of Gaurico Building

27 Sep 2018

Baker McKenzie, with a team led by partner Alessandro Matteini, assisted BNP Paribas REIM in the acquisition, on behalf of NEIF II fund (Next Estate Income Fund II), managed by BNP Paribas REIM Luxembourg, of the "Gaurico Building", a multi-tenant office complex located in Rome in the EUR Laurentina area.

The seller has been assisted by the international law firm Gianni, Origoni, Grippo, Cappelli & Partners (GOP) with partner Gabriele Arcuri, assisted by associate Alessia D'Errico.

Clifford Chance advises on hotpot chain Haidilao's US$964 million IPO

27 Sep 2018

Leading international law firm Clifford Chance advised the joint sponsors and underwriters including CMB International, Goldman Sachs and CICC on Haidilao's US$964 million (HK$7.56 billion) global offering of 424,530,000 shares on the main board of the Hong Kong Stock Exchange (HKEX). Haidilao is a globally leading and fast-growing Chinese cuisine restaurant brand focusing on hot pot cuisine.

Simpson Thacher Represents Underwriters in Sovereign Debt Offering for The Republic of Korea

26 Sep 2018

The Firm recently represented Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai Banking Corporation Limited, The Korea Development Bank and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as underwriters, in connection with The Republic of Korea’s takedown offerings of US$500 million 3.5% Notes due 2028 and US$500 million 3.875% Notes due 2048.

Corrs advises Neuberger Berman on A$414m listed managed investment trust IPO

26 Sep 2018

Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised on the A$414 million IPO of the NB Global Corporate Income Trust, a managed investment trust listed today on the ASX.

Corrs acted for both Neuberger Berman Australia Pty Ltd, the manager, and Equity Trustees Limited, the responsible entity and issuer, in the Trust’s ASX IPO.