Global law firm White & Case LLP has advised HSBC Bank plc and Société Générale, as global coordinators, and Citgroup Global Markets Limited, Commerzbank Aktiengesellschaft, Crédit Industriel et Commercial S.A. and Goldman Sachs International, as joint lead managers, on Air France-KLM's €400 million bond issue.

The bonds bear interest at a rate of 3.75 percent and will mature in October 2022. Issued on October 12, 2016, the bonds are listed on the regulated market of Euronext Paris.

White & Case LLP has advised BNP Paribas, as arranger, and the other dealers, on the update of Snam S.p.A.'s €10 billion Medium Term Note Programme and on the issuances, under the same Programme, of €1.25 billion fixed rate Notes due 2026, and €500 million fixed rate Notes due 2020. Both issuances have been listed on the Luxembourg Stock Exchange and were sold to institutional investors.

White & Case LLP has advised Acea S.p.A. on the repurchase of approximately €350 million of its existing Notes by means of a cash tender offer and the issue of €500 million 1% Notes due 2026. The tender offer and new issuance form part of the Acea’s liability management strategy to optimise debt maturities and cost of debt.

White & Case LLP has advised Acea S.p.A. on the repurchase of approximately €350 million of its existing Notes by means of a cash tender offer and the issue of €500 million 1% Notes due 2026. The tender offer and new issuance form part of the Acea’s liability management strategy to optimise debt maturities and cost of debt.

White & Case LLP has advised bank syndicates on Wendel's tender offer to repurchase its 2017, 2018, 2019 and 2021 bond issues for a total of €635 million, and on Wendel's €300 million bond issue maturing in 6.5 years with a coupon of 1 per cent.

Wendel will use the net proceeds of the new issue for its general corporate purposes, to repurchase the bonds that have been tendered under the tender offer and to continue improving its financial structure.

Davis Polk advised the initial purchasers in connection with a $100 million Regulation S offering by Golden Wheel Tiandi Holdings Limited of its 8.25% senior notes due 2019.

Slaughter and May advised International Finance Facility for Immunisation Company (“IFFIm”) on its issuance of US$500 million Floating Rate Notes due 2019 (the “Notes”) pursuant to its Global Debt Issuance Programme. The Notes provide investors with an opportunity to fund immunisation programmes by the GAVI Alliance, helping protect millions of children in the world's poorest countries against preventable diseases.

Hengeler Mueller has advised the banking syndicate consisting of Commerzbank Aktiengesellschaft, Deutsche Bank AG, London Branch, HSBC Bank plc und Société Générale with respect to the successful issuance of a bond by TUI with a total volume of EUR 300 m. The corporate bond with a maturity of 5 years, a coupon of 2.125% and a yield of 2.250% was several times oversubscribed. The bond uses high yield features such as a financial covenant related to the limitation of indebtedness and it is guaranteed by subsidiaries in multiple jurisdictions.

Milbank, Tweed, Hadley & McCloy LLP advised the banking consortium on the successful EUR 250 million bond issuance of Sixt SE, worldwide provider of top-quality mobility services. Bayerische Landesbank, Commerzbank and Deutsche Bank acted as joint lead managers, Berenberg Bank and Hauck & Aufhäuser were co-lead managers on the transaction. The bond has a maturity of six years and an interest coupon of 1.125% p.a. The proceeds of the issuance are used to finance the long-term growth of the Sixt Group.

The Moscow and London offices of Debevoise & Plimpton LLP have advised longstanding client Polyus Gold International (“Polyus Gold”) in its $500 million Eurobond offering, due 28 March 2022 with a coupon of 4.699% per annum.

Polyus Gold intends to use the net proceeds from the issuance primarily for debt refinancing and other general corporate purposes, including the financing of operating activities and development projects of the Polyus Group.