The Firm recently represented Citigroup Global Markets Inc., Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities LLC, The Korea Development Bank, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Samsung Securities Co., Ltd., as underwriters, in connection with The Republic of Korea’s takedown offering of US$1 billion 2.75% Notes due 2027 under its Schedule B shelf registration statement.

DWF Germany has advised Strasser Capital - parent company and private equity partner of German-based manufacturer in residential solar power systems MEP Werke - on its first green loan of 30 million euros to Dutch asset manager, Delta Lloyd Asset Management.

Slaughter and May, London and Hong Kong, advised Standard Chartered PLC on its issue of US$1 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities. The Securities are convertible into ordinary shares of Standard Chartered PLC if at any time Standard Chartered PLC determines that its Common Equity Tier 1 ratio, calculated on a consolidated and fully loaded basis, is less than 7.00 per cent. The Securities are listed on the Main Board of the Hong Kong Stock Exchange.

Shearman & Sterling represented Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Mizuho Securities USA Inc., RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. as joint book-running managers and BB Securities Ltd.

Shearman & Sterling advised Jaguar Land Rover Automotive plc on its offering of €650 million 2.2% senior notes due 2024. This offering was Jaguar Land Rover’s first euro-denominated offering and was priced at the most competitive coupon rate Jaguar Land Rover has obtained to date. 

The high yield senior notes are unsecured and guaranteed by Jaguar Land Rover Limited and Jaguar Land Rover Holdings Limited. Jaguar Land Rover intends to use the proceeds for general corporate purposes, including to support its ongoing growth and capital spending plans.

Addleshaw Goddard’s Manchester based Real Estate and Banking teams worked together to advise commercial property company Bruntwood, a key client of the firm, in securing a £115.5m fifteen year loan from Aviva Investors.

This significant deal will reinforce Bruntwood’s continual growth in the UK’s regional cities, and feed, in particular, into the company’s development activities at the Circle Square site, an exciting new high rise neighbourhood on the former BBC premises in Manchester City Centre, upon which AG are also advising.

With a Frankfurt-based team led by partner Thomas K. Schrell, the business law firm of Heuking Kühn Lüer Wojtek advised Poppe + Potthoff Group on refinancing its external debt obligations. The financing volume was not disclosed.
 
Heuking Kühn Lüer Wojtek comprehensively supported Poppe + Potthoff Group from preparing, structuring, and negotiating the consortium financing up to the disbursement of funds.
 

Watson Farley and Williams LLP (“WFW”) advised Nordea Bank AB (publ) (“Nordea”) in relation to a €280m loan facility for AS Tallink Grupp.  The loan facility was advanced on 20 December 2016 and refinanced an existing €440m loan facility and provided finance for the working capital and general corporate purposes of AS Tallink Grupp and its subsidiaries.  The facility is secured by mortgages over five ferries with primary registrations in Sweden, Cyprus and Finland.  Mandated lead arrangers are Nordea Bank Finland Plc, Danske Bank A/S, KfW IPE

Osborne Clarke has advised Berentzen Group Aktiengesellschaft on the refinancing of its corporate bond. Berentzen replaces its corporate bond of EUR 50 million, maturing in October 2017, by a syndicated loan of EUR 25.5 million arranged by Deutsche Postbank AG as consortium leader, complemented by BayernLB and Santander. The syndicated loan with a term of five years provides long-term financing security and attractive conditions to the company.

Allen & Overy LLP has advised Trans Europa Naturgas Pipeline Gesellschaft mbH & Co. KG (TENP), a joint venture of gas transmission system operators Open Grid Europe GmbH and Fluxys TENP GmbH, a subsidiary of the Belgian transmission system operator Fluxys S.A., on the issuance of registered notes in the amount of EUR 30.5 million and Schuldschein loans in the amount of EUR 49.5 million.

The registered notes have a term of 13 years, and each of the fixed-rate and floating-rate Schuldschein loans has a term of 8 years.