Simpson Thacher acted as sole international counsel in connection with the offering of US$400 million 2.625% Notes due 2021 and US$300 million 3.25% Notes due 2026 by Kia Motors Corporation. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.
In April 2016, Retail Estates NV, assisted by Eubelius, has realised an institutional placement of bonds for an amount of EUR 30 million in two tranches, with a term of ten years each. Fixed rate bonds were issued for EUR 4 million and floating rate bonds were issued for EUR 26 million.
Retail Estates is a BE-REIT specialised in peripheral retail properties and listed on Euronext Brussels.
For this bond issue, Retail Estates was assisted by a Eubelius team led by van Lars Van Bever and Robin Van Gysel.
The Firm recently represented Deutsche Bank AG, London Branch as initial purchaser in an offering of €450 million of 5.75% senior notes due 2021 issued by Cirsa Funding Luxembourg S.A. and guaranteed by Cirsa Gaming Corporation, S.A. (“Cirsa”) and certain of its subsidiaries.
Cirsa is one of the leading gaming companies in Spain, Italy and Latin America and is engaged in the operation of slot machines, casinos and bingo halls and the manufacture of slot machines.
Davis Polk advised the joint bookrunners and representatives of the underwriters for JD.com’s debut SEC-registered debt offering, consisting of $500 million of its 3.125% notes due 2021 and $500 million of its 3.875% notes due 2026.
JD.com is the largest online direct sales company in China. JD.com’s ADSs currently trade on the NASDAQ Global Select Market.
Baker & McKenzie and Riolo Calderaro Crisostomo have respectively assisted UniCredit SpA (as originator) and UniCredit Bank AG (as arranger) in relation to the securitization of receivables arising from personal loans for a value of approximately EUR 4 billion. The securitization was financed through the issuance of asset-backed securities listed on the Luxembourg Stock Exchange and structured as a guarantee, in order to comply with the monetary policy operations of UniCredit at the European Central Bank.”
Travers Smith LLP has advised Muzinich & Co. Limited (“Muzinich”) in relation to the provision of a debt package totalling £18million to Phaidon International (“Phaidon”), a specialist recruiter operating in the US, Europe and Asia. The purpose of the financing is to support further international expansion of Phaidon and to allow management to realise some of their investment via a dividend.
Olswang has acted for the Trustees of The Heron Tower Property Unit Trust in connection with the successful refinancing of the Salesforce Tower, 110 Bishopsgate, London, EC2 by way of a £400m investment facility underwritten by ING and LBBW.
The Olswang team was led by Head of Real Estate Finance Andrew Besser and Head of Real Estate Jonathan Lewis and also included Partner Graham Chase and Senior Associate Lydia Hutchinson (Tax), Senior Associate Kate Norris and Paralegal Doyin Olugbemiga (Finance) and Associate Sam Morris (Real Estate).
White & Case LLP has advised Yanbu Aramco Sinopec Refining Company (YASREF) Limited and its shareholders, Saudi Arabian Oil Company (Saudi Aramco) and China Petrochemical Corporation (Sinopec), on its US$4.7 billion syndicated loan facilities.
Global law firm White & Case LLP has advised leading French property builder and developer Kaufman & Broad on its re-IPO.
The transaction consists of the sale of a portion of the shares held by its principal shareholder, Financière Gaillon 8, a company owned by funds controlled by PAI Partners. Financière Gaillon 8 currently holds 91.11 percent of the company's share capital.
White & Case LLP has advised the Republic of Poland on its issuance of a US$1.75 billion ten-year benchmark bond. The offering was registered with the United States Securities and Exchange Commission under Poland's shelf registration statement.
The lead managers and bookrunners on the transaction were Barclays, BNP Paribas, Deutsche Bank and J.P. Morgan.