Allen & Overy LLP advised Credit Suisse AG and UBS AG as joint bookrunners on the capital increase of Switzerland-based Meyer Burger Technology AG.
The capital increase by way of a rights issue comprised a total of 36,107,263 new registered shares at a subscription price of CHF 4.20 each.

By the end of the subscription period on 7 May 2013, a total of 99.62% of the subscription rights were exercised, i.e. nearly 36 million new registered shares were subscribed.  Trading in the new shares on SIX Swiss Exchange started on 8 May 2013.

* First road PPP to be signed in Ireland since 2007

London: International legal practice Norton Rose has advised the European Investment Bank (EIB), the Bank of Ireland and the Irish National Pensions Reserve Fund as lenders to the Irish National Road Authority’s N11/N7 Arklow - Rathnew Public Private Partnership (PPP). The project is the first road transport PPP to reach financial close in Ireland since 2007.

Macfarlanes has advised RBS and Investec on the sale of leading global wireless communications provider, Axell Wireless Limited.

Axell Wireless, in which RBS and Investec were majority investors, has been acquired by technology and service provider, Cobham plc.

The Macfarlanes team was led by partner, Stephen Drewitt, who comments: "Axell has found a good strategic fit with Cobham and we wish the team every success in the future in continuing to grow and develop the business."

M&A partner, Jessica Adam, also advised on this transaction.

Ashurst has advised Aareal Bank on the extension of a financing of more then €271 million for a large European hotel portfolio. The portfolio comprises 18 hotels of the brands 'Holiday Inn', 'Holiday Inn Express' and 'Crowne Plaza' in Belgium, Germany, France, the Netherlands, Austria and Spain. The borrowers are special purpose vehicles of Canadian pension fund Ivanhoé Cambridge.

Slaughter and May advised SAV Credit, the leading independent credit card provider, and Tosca Funding plc, in relation to the purchase of Santander's retail co-brand credit card and point of sale finance business which closed on 10 May.

The purchase involved over 3.5 million customer accounts with more than £1 billion in receivables and leading retailers including Arcadia, Debenhams, House of Fraser and Laura Ashley, amongst others.

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Ashurst has advised the lenders (Australia and New Zealand Banking Group Limited and Westpac Banking Corporation) and the security trustee (ANZ Capel Court Limited), on the bank debt refinancing of Adelaide Airport.

The debt funding for Adelaide Airport is a combination of bank debt and bond debt, secured by common securities under a security trust arrangement.  This deal involved the refinancing of Adelaide Airport's existing bank debt from a syndicated facility to bilateral facilities from the same lenders.

Herbert Smith Freehills is advising Perpetual Limited on its proposed acquisition of The Trust Company Limited via a scheme of arrangement.

The Trust Company is one of the largest trustee companies in Australia with over $164 billion in funds under management.

Herbert Smith Freehills has advised Bank of Queensland Limited (BOQ) on the acquisition of Virgin Money Australia from the Virgin Group. The deal included an agreement with the Virgin Group for the exclusive use of the Virgin Money brand in Australia for up to 40 years.

The Herbert Smith Freehills team was led by Partner Tony Damian along with Head of Banking Regulatory Team Tony Coburn and Senior Associates Amalia Stone, Henrietta Thomas and Michelle O’Connor, with support from solicitor Alexandra Eggerking.

Allen & Overy advised the Islamic Liquidity Management Corporation (IILM), an international institution which facilitates cross-border Shari'a-compliant liquidity management, on its first sukuk programme, worth USD2 billion.

A Travers Smith team led by Corporate Partner, Andrew Gillen, advised Rothschild (as sponsor), Canaccord Genuity (as nomad, sole broker and lead bookrunner) and HSBC (as joint bookrunner) on the £73m placing and open offer by Tyman plc to finance the acquisition of Truth Hardware, a North American window and door hardware manufacturer, from Melrose Industries PLC, and Tyman's proposed move from AIM to the Official List. Tyman is an international supplier of components to the door and window industry.