Linklaters is pleased to have advised China Yangtze Power Company Limited on the concurrent issuance of US$300,000,000 Zero Coupon Exchangeable Bonds and EUR 200,000,000 Zero Coupon Exchangeable Bonds.
“The innovative deal structure opens the door to a whole new asset class, which allows China incorporated companies to monetise their holdings of H-shares at a premium,” said capital markets partner Hwang Hwa Sim.
Linklaters is pleased to have advised China Yangtze Power Company Limited on the concurrent issuance of US$300,000,000 Zero Coupon Exchangeable Bonds and EUR 200,000,000 Zero Coupon Exchangeable Bonds.
“The innovative deal structure opens the door to a whole new asset class, which allows China incorporated companies to monetise their holdings of H-shares at a premium,” said capital markets partner Hwang Hwa Sim.
Shearman & Sterling LLP represented Deutsche Bank AG, Citigroup Global Markets Limited, ING Bank N.V. and J.P. Morgan Securities plc as representatives of the initial purchasers in connection with Mylan N.V.’s Regulation S offering of €500 million in floating rate notes due 2018, €750 million in 1.250% senior notes due 2020, €1 billion in 2.250% senior notes due 2024 and €750 million in 3.125% senior notes due 2028. The transaction was Mylan’s inaugural euro notes offering.
SINGAPORE, November 28, 2016 – Milbank, Tweed, Hadley & McCloy acted as counsel to a syndicate of 34 international lenders behind a US$1.1 billion loan facility and a $400 million “greenshoe” loan facility that was extended to Indonesia’s state-owned oil and gas company Pertamina, one of Southeast Asia’s largest producers of crude oil.
The Freshfields team advising on the transaction was led by partner Andrew Heathcote and counsel Bing Guan
NautaDutilh assisted Bank Nederlandse Gemeenten (BNG) in the issuance of its first USD Sustainability Bond. BNG’s Sustainability Bonds are innovative in that the proceeds will be used to support the best-in-class sustainable municipalities in the Netherlands.
Selection of the most sustainable municipalities is based on a methodology developed in partnership with the Tilburg Sustainability Center of Tilburg University. This methodology ranks the municipalities according to their sustainability performance.
We advised Cramo Plc and Nordea Bank Danmark A/S in the voluntary tender offer of Cramo’s EUR 100 million bond issued in 2012. The tender offer was successfully completed with an uptake of approximately EUR 83.7 million. We simultaneously acted as sole legal counsel to both Cramo as the issuer and Nordea Bank Finland Plc and OP Corporate Bank plc in their capacity as Joint Lead Managers in a new EUR 150 million bond issue. The transactions enable Cramo to reduce its financing costs and simultaneously extend its average debt maturity profile.
Macfarlanes has advised Venn Partners LLP, PRS Operations Limited and PRS Finance plc in their capacities as manager, licensee and issuer respectively in the issuance of £265m 1.75% bonds pursuant to the bond programme established in July 2015. The bonds have been admitted to trading on the London Stock Exchange.
Allen & Overy said today that International Finance Corporation (IFC)’s new USD152 million forests bond, a first-of-its-kind fixed income product linked to carbon credits, underlines the potential role that bonds can play in financial innovation with environmental preservation at its core.
Allen & Overy said today the GBP265 million 10 year bond issuance from Venn Partners’ PRS Finance plc, the first as part of a government-guaranteed GBP3.5 billion debt issuance programme, represents a vital step towards improving standards and increasing choices for Private Rented Sector (PRS) tenants in the UK.