Ashurst advised Performance Interactive Alliance (PIA), a portfolio company of private equity firm Equistone Partners Europe (Equistone), on its refinancing by a consortium led by Joh. Berenberg, Gossler & Co. KG (Berenberg) comprising the Kreissparkassen Göppingen, Biberach and Esslingen-Nürtingen. Commerzbank Aktiengesellschaft (Commerzbank) granted a bilateral working capital facility.

In addition to a reduction of financing expenses and the extension of maturity dates, the new financing provides PIA with the necessary funds to finance future acquisitions.

CMS, as co-lead counsel alongside eminent US firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, has advised HP Inc. on its $1.05bn acquisition of Samsung Electronics Co., Ltd.’s global printer business.

Davis Polk advised Tencent Holdings Limited, a company listed on the Hong Kong Stock Exchange in connection with its spinoff of China Literature Limited by way of an initial public offering (including a public offering in Hong Kong and an international offering in reliance on Rule 144A and Regulation S) and separate listing of China Literature Limited on the Hong Kong Stock Exchange. The net proceeds from the global offering were approximately HK$7.17 billion ($919.2 million).

Orrick advised both Stripe and Goodwater Capital on a $93 million Series D financing round in Monzo, a digital and mobile-only English bank. Michael Moritz and existing investors Thrive Capital, Passion Capital and Orange Digital Ventures also participated.

Paul, Weiss client euNetworks announced the signing of a definitive merger agreement, through which Stonepeak Infrastructure Partners will acquire a majority interest in euNetworks. The transaction will also provide euNetworks with up to $500 million of committed growth capital for both organic and inorganic development. Brady Rafuse will remain the chief executive officer of the company and the existing euNetworks investors will continue to hold a material interest in the company’s new capital structure.

Skadden advised China Literature Limited, a Tencent subsidiary and China’s largest online literature company, on its HK$8.3 billion (approximately US$1.06 billion) initial public offering on the Hong Kong Stock Exchange.

Global law firm White & Case LLP has advised Libero Acquisition S.a.r.l. on the sale of its approximately 70 percent interest in DADA S.p.A., a company listed on the STAR segment of the Italian stock exchange, to HgCapital Partners.

DADA is a leading player in provision of online presence and visibility services, including domains, hosting, servers and online brand protection.

Global law firm White & Case LLP has advised Wind Tre S.p.A. on its €7.3 billion issuance of high yield senior secured notes, in a combination of euro-denominated fixed and floating rate notes and dollar-denominated fixed rate notes, issued pursuant to Rule 144A and Regulation S under the Securities Act, and on a new €3.4 billion senior facilities agreement consisting of a €3 billion amortizing term loan and a €400 million revolving credit facility.

Global law firm White & Case LLP has advised Wind Tre S.p.A. on its €7.3 billion issuance of high yield senior secured notes, in a combination of euro-denominated fixed and floating rate notes and dollar-denominated fixed rate notes, issued pursuant to Rule 144A and Regulation S under the Securities Act, and on a new €3.4 billion senior facilities agreement consisting of a €3 billion amortizing term loan and a €400 million revolving credit facility.

Hill Dickinson has advised Hello Soda, a global text and big analytics business, on its £4 million investment from NVM Private Equity.