DLA Piper has advised Santander Bank as part of a banking syndicate providing corporate financing to a total of EUR 37 million to Royalbeach Spielwaren und Sportartikel Vertriebs GmbH. 

Part of the financing sum has been used for repayment of a corporate bond. The banking syndicate is additionally providing an operational working capital line.

Founded in 1989, Royalbeach Spielwaren und Sportartikel Vertriebs GmbH sells sporting equipment as well as outdoor and leisure goods to end users and to trading groups operating both nationally an internationally.

Hengeler Mueller advised Deutsche Bank AG on its Conditional Pass-Through Structured Covered Bond Programme guaranteed by SCB Alpspitze UG, the first debt issuance programme of Deutsche Bank for structured covered bonds. The programme size is EUR 35 bn and there are inaugural series expected to be issued under the programme for a total nominal amount of EUR 8.5 bn. The programme is among the largest European structured covered bond programmes and is based on a robust and highly efficient legal structure.

White & Case LLP has advised the bank syndicate led by BNP Paribas, HSBC, Natixis and Société Générale, as lead managers and joint bookrunners, on SEB's offering of bonds redeemable in cash and/or exchangeable for existing shares (ORNAEs) due November 2021 for a nominal amount around €150 million.

Landmark transaction is the first ever cross-border exchangeable bond transaction in Australia.

Shearman & Sterling represented Interoute Finco plc, a wholly owned subsidiary of Interoute Communication Holdings S.A. ("Interoute"), on its new €275 million term loan facility agreement and its new €75 million revolving credit facility agreement. Part of the net proceeds from the new term loan was used to refinance Interoute's existing senior secured floating rate notes due 2020. Interoute is the owner operator of Europe's largest network and a global cloud services platform.

Ashurst has advised Deutsche Bank AG, Singapore Branch as the sole lead manager and bookrunner on the issuance of an exchangeable bond with a principal amount of US$354.8 million by Valin Mining Investments (Singapore) Pte. Ltd (the "Issuer").

Commodities and trade finance specialist law firm Holman Fenwick Willan (HFW) has advised on the establishment of one of the first securitisations of both existing and future trade finance receivables. The securitisation structure will enable Luxembourg-based asset manager Synthesis to access the capital markets (including retail investors) through a medium term note (MTN) programme established by three special purpose issuers, Synthesis Trade Finance I SA, Synthesis Trade Finance II SA and Synthesis Trade Finance III SA, in order to provide trade finance to the commodities market.

Allen & Overy said today that the GBP125 million mobile handset securitisation programme for Virgin Media Mobile, the first of its kind in Europe, underlines that securitisation techniques are a viable option for corporates aiming to secure funding efficiently.

The underlying receivables consist of loans provided by Virgin Media Mobile to its customers in order to finance the purchase of handsets from Virgin Mobile Telecoms.

A&O advised Royal Bank of Canada as arranger on the transaction, with a team led by London finance partner Tim Conduit.

Global law firm White & Case LLP has advised HSBC, Barclays, BNP Paribas, Crédit Agricole CIB and Morgan Stanley as Joint Lead Managers on Cap Gemini S.A.'s issuance of €500 million 0.5 percent senior notes due November 2021.

The bonds, issued on November 9, 2016, are listed on the regulated market of Euronext Paris.

The issue follows Cap Gemini's €2.75 billion triple-tranche issue in July 2015 of fixed and floating rate notes on which White & Case also advised the Managers.

Global law firm White & Case LLP has advised SNCF Réseau, the French railway infrastructure manager, in the context of its debut Green Bond issue of €900 million one percent Notes due 2032.

The Notes, issued on November 9, 2016 are admitted to trading on the regulated market of Euronext Paris.

SNCF Réseau is the first railway infrastructure manager in the world and the first European transportation entity to issue a Green Bond.