Charles Russell Speechlys acted for Stockdale Securities Limited (Stockdale Securities) in its role as nominated and broker to Northbridge Industrial Services Plc (Northbridge) in relation to Northbridge’s fundraising by way of a placing announced on 20 June 2018. Northbridge hires and sells specialist industrial equipment.
International law firm Clifford Chance has advised ING Group on a global partnership with AXA to provide insurance products and related services through a central digital insurance platform.
A cross-border Orrick team has advised Vostok Emerging Finance (“VEF”) as lead investor in Konfio’s $25 million Series C financing round. Other investors in the round included Quona Capital, QED, Kaszek Ventures and International Finance Corporation, amongst others. Following the investment, VEF holds a minority position and board representation in the company.
Slaughter and May advised Standard Chartered PLC and Standard Chartered Bank on its tender offers for three series of outstanding capital securities issued by Standard Chartered PLC and Standard Chartered Bank.
The capital securities tendered for had an aggregate principal amount outstanding of approximately £1,785,000,000, of which approximately £1,067,000,000 will remain outstanding following the tender offers. The tender offers were made on 4 June 2018 and the results of the tender offers were announced on 12 June 2018.
International legal business DWF has acted for the sole global coordinator and nominated adviser to the £65m IPO of leading technology provider Tekmar Group plc.
Corporate partner Lisa Stavropoulos led the DWF team on the deal alongside solicitor Ciara Healy, advising Berenberg as the sole global coordinator and Grant Thornton as nominated adviser to Tekmar.
Tekmar, a market-leading technology provider of protection systems for subsea cable, umbilical and flexible pipe protection systems, began trading on AIM on Wednesday with a fundraising of £61.3m.
Global law firm White & Case LLP has advised Goldman Sachs International and Trigon Dom Maklerski S.A. on the PLN 634 million (approximately US$171 million) sale by Cyprus-registered Sensor Overseas Limited, which is controlled by Heronim Ruta, of 4.4 percent of the shares in Cyfrowy Polsat S.A. through an accelerated bookbuilding.
Global law firm White & Case LLP has advised Arion Banki hf. (Arion Bank), a leading universal relationship bank in Iceland, and Kaupthing ehf. (Kaupthing) on the US$319 million (around ISK 33.9 billion) initial public offering of Arion Bank.
Cleary Gottlieb acted as counsel to the underwriters in Sanofi’s registered offering of an aggregate principal amount of $2 billion of debt securities, including $1 billion of 3.375 percent notes due 2023, and $1 billion of 3.625 percent notes due 2028.
This offering priced on June 12, 2018, and closed on June 19, 2018. Barclays and Morgan Stanley acted as global coordinators and joint book-running managers and Citigroup, Deutsche Bank, and MUFG acted as joint book-running managers for the offering.
Led by Frankfurt-based Partner Michael Schlitt and Counsel Susanne Lenz Hogan Lovells has advised GRENKE AG on its approx. € 200m capital increase.
Global law firm Norton Rose Fulbright has advised The Hongkong and Shanghai Banking Corporation (HSBC) and the lenders on an English law governed S$500 million senior secured term loan syndicated facility for Southeast Asia’s leading ride-hailing company Grab Inc.
The financing is scalable with a potential upsize to S$800 million. The deal was oversubscribed, with a total of 16 bank and non-bank financial institutions participating.
HSBC was structuring advisor, mandated lead arranger, and bookrunner on the deal.