Shearman & Sterling advised Citycon in connection with an offering of €350 million 1.250 percent guaranteed notes due 2026. The notes were issued by Citycon’s wholly owned subsidiary Citycon Treasury B.V. and guaranteed by Citycon.

The net proceeds of the offering will mainly be used to partially repay or refinance Citycon’s existing indebtedness and for general corporate purposes, including the development of existing properties, the acquisition of new properties and an increase in investments in existing joint ventures.

Catena Media p.l.c has issued corporate bonds amounting to EUR 50 million. The bonds are issued within a framework amount of EUR 100 million. The company has undertaken to list the bonds on Nasdaq Stockholm.

Catena Media p.l.c is a company engaged in online and affiliate marketing, mainly within the casino and loan business, and has its shares listed on First North.

The Notes have been admitted to listing on the Official List of the UK Listing Authority and to trading on the regulated market of the London Stock Exchange.

The Notes are intended to qualify as Tier 2 Capital under Solvency II. The Notes have been assigned a rating of Baa1 by Moody’s and BBB by Standard & Poor’s.

Barclays Bank plc, Citigroup Global Markets Limited, HSBC Bank plc, Lloyds Bank plc and RBC Europe Limited acted as managers in respect of the offering.

Contacts

DLA Piper has advised Helaba Landesbank Hessen-Thüringen on the refinancing of the Bero Centre, a shopping centre, in Oberhausen. Helaba financed the restructuring, which is being supported on the owners’ side by the asset manager Kintyre Investments, with a loan of 86 million euros.

LONDON, 9 September, 2016 – Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs International, J.P. Morgan Securities plc, HSBC Bank plc, DNB Markets, a division of DNB Bank ASA, Lloyds Bank plc and The Royal Bank of Scotland plc as initial purchasers on the recent £220,000,000 high yield debt offering by Arrow Global.

The proceeds of the notes were used to redeem all of Arrow Global’s outstanding 7.875% senior secured notes due 2020.

Paul, Weiss client Arrow Global Group PLC, a data-driven debt purchase and receivables management company, raised £220,000,000 through the issuance of 5.125% senior secured notes due 2024.

Bonds with a volume of EUR 3.6 billion placed – Schaeffler AG rated "investment grade"

Slaughter and May, working as a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, advised Arrow Global Group plc (Arrow Global), one of Europe’s leading purchasers and managers of debt, on the issue by Arrow Global Finance plc of £220 million 5.125% senior secured notes due 2024. Goldman Sachs International, J.P. Morgan Securities plc and HSBC Bank plc acted as physical bookrunners and global coordinators for the issue, with The Royal Bank of Scotland plc, Lloyds Bank plc and DNB Markets, a division of DNB Bank ASA, acting as co-managers.

Slaughter and May advised NewDay Cards Ltd (NewDay Cards) and its affiliates in relation to a public debt issue under its own-brand credit card securitisation.

The transaction involved the issuance, through a master trust structure, of £247.775 million of Series 2016-1 Floating Rate Asset Backed Notes (the Series 2016-1 Notes) by NewDay Funding 2016-1 Plc.

The Series 2016-1 Notes are ultimately backed by income from a portfolio of credit card receivables beneficially owned by NewDay Funding Receivables Trustee Ltd (the Receivables Trustee).

On August 24, 2016, Mortgage Repurchase Agreement Financing Trust, a Delaware statutory trust (the Issuer) issued USD 400 m Series 2016-1 Notes and 400 m Series 2016-2 notes (the Notes) which are backed by a revolving pool of mortgage loans purchased by the Issuer under a repurchase agreement from Credit Suisse AG, Cayman Branch (Credit Suisse).