Shearman & Sterling represented Citigroup Global Markets Limited, J.P. Morgan Securities LLC and BofA Merrill Lynch as the dealer managers in the five-day any and all cash tender offer of $500 million aggregate principal amount of 7.50% notes due 2019 (the “notes”) of International Game Technology, a Nevada corporation and a wholly owned subsidiary of International Game Technology PLC (NYSE:IGT).  An aggregate principal amount of $355,697,000 notes were purchased pursuant to the tender offer and settlement took place on June 21, 2017.

De Pardieu Brocas Maffei advises Export-Import Bank of China on the offering of US $300,000,000 Floating Rate Notes by its Paris Branch

De Pardieu Brocas Maffei advised Export-Import Bank of China on the debut offering of US $300,000,000 Floating Rate Notes Due 2020 issued by the Export-Import Bank of China, Paris Branch, under the US $27,000,000,000 Medium Term Notes Programme (the “Programme”).

Slaughter and May advised Ocado Group plc (“Ocado”) on the English law aspects of its refinancing, which involved an amendment and restatement of its senior facilities agreement (the “SFA”), the issue by Ocado of £250 million senior secured notes, and the entry into an intercreditor arrangement.

Clifford Chance advised Peru's largest state-owned company, Petróleos del Perú - Petroperú S.A., as issuer, in its first-ever international bond offering. Petroperú raised nearly US$2 billion in net proceeds to finance a modernization project related to its Talara Refinery (Refinería de Talara). The project is being developed primarily by Técnicas Reunidas, a Madrid-based global leader in the design and construction of oil and gas facilities around the world.

Clifford Chance advised Volkswagen AG and Volkswagen International Finance N.V. in connection with the issuance of EUR 3.5 billion in hybrid bonds. The bonds consist of two tranches, a tranche with an aggregate principal amount of EUR 1.5 billion with a first call date in December 2022 and a tranche with an aggregate principal amount of EUR 2.0 billion with a first call date in June 2027.

Davis Polk advised the dealer managers in connection with cash tender offers by Rio Tinto Finance (USA) plc and Rio Tinto Finance (USA) Limited to purchase certain of their respective U.S.-dollar-denominated debt securities.

Cadwalader has advised Premium Credit Limited on its inaugural public issuance of GBP300 million notes backed by its insurance premia and payment plan receivables. The transaction is notable for its deployment of an innovative master trust programme structure, a first for this asset class. The issuance was arranged by Lloyds Banking Group and Bank of America Merrill Lynch.

Baker McKenzie’s Kyiv office has advised International Finance Corporation, a leading international investor in Ukraine’s private sector, on providing an eight-year loan worth around UAH 400 million (about USD 15 million) to Auchan Retail, which comprises the existing food retail channels in all countries: hypermarkets, convenience stores and e-commerce. With this loan, Auchan Retail will finance its long-term investments in Ukraine to support the development of local supply chains and improve standards in the domestic retail market.

Global law firm White & Case LLP has advised De'Longhi S.p.A. on the establishment of  a US$300 million equivalent shelf programme, and on the issuance of €150 million 1.65 percent Senior Notes due June 14, 2027 thereunder.

The Notes were sold through a private placement to US institutional investors.

The White & Case team which advised on the transaction was led by partners Michael Immordino (Milan & London) and Ferigo Foscari (Milan), together with associates Robert Becker and Valerio Di Mascio (both Milan).

Global law firm White & Case LLP has advised the bank syndicate led by HSBC as Global Coordinator on ORPAR's issue of €200 million zero coupon bonds due 2024 exchangeable for existing Rémy Cointreau shares, and the repurchase of its outstanding €170 million exchangeable bonds due 2019.

ORPAR, controlled by the Hériard Dubreuil family, holds 52.42 percent of the share capital and 67.64 percent of the voting rights of Rémy Cointreau, the French producer of cognac, liqueurs and spirits.