DLA Piper advised Proparco FMO and Société Générale as lenders on the financing of SIFCA, a leading agro-industrial company in West Africa, with a €90 million loan.

The credit line has was granted on 8 October, 2018 to SIFCA in order to finance its investment plan. In the next five years, the investment will create or support more than 180,000 direct and indirect jobs across the Ivory Coast, Ghana, Nigeria, Liberia and Senegal where SIFCA and its subsidiaries operate.

Sidley advised China State Shipbuilding Corporation Limited (CSSC) on its first USD and Euro dual-tranche offering, which is comprised of the following: 1) US$485 million 4.125% credit enhanced bonds due 2021 through its indirect wholly-owned subsidiary CSSC Capital One Limited, as the issuer, with the benefit of a USD Keepwell Deed provided by CSSC; and 2) €300 million 1.75% credit enhanced bonds due 2023 through its indirect wholly-owned subsidiary CSSC Capital Two Limited, as the issuer, with the benefit of a Euro Keepwell Deed provided by CSSC.

Sidley advised China State Shipbuilding Corporation Limited (CSSC) on its first USD and Euro dual-tranche offering, which is comprised of the following: 1) US$485 million 4.125% credit enhanced bonds due 2021 through its indirect wholly-owned subsidiary CSSC Capital One Limited, as the issuer, with the benefit of a USD Keepwell Deed provided by CSSC; and 2) €300 million 1.75% credit enhanced bonds due 2023 through its indirect wholly-owned subsidiary CSSC Capital Two Limited, as the issuer, with the benefit of a Euro Keepwell Deed provided by CSSC.

Gide's London and Casablanca offices have acted as legal counsel to the  Kingdom of Morocco's Ministry of Economy and Finance on its inaugural sovereign Sukuk issuance.

Shearman & Sterling represented Sasol Limited in connection with the offering of US$1.5 billion 5.875% notes due 2024 and US$750 million 6.500% notes due 2028 issued by its indirect wholly owned subsidiary Sasol Financing USA LLC and guaranteed by Sasol Limited.

Sasol is an international integrated chemicals and energy company that, through its talented people, uses selected technologies to safely and sustainably source, produce and market chemical and energy products competitively to create superior value for its customers, shareholders and other stakeholders.

Sidley has advised Country Garden Holdings Company Limited (HKEX: 2007) (Country Garden) in connection with its offering of US$425 million 7.125% senior notes due 2022, as well as its offering of US$550 million 8.0% senior notes due 2024. Both bond issuances include high-yield covenants and are pursuant to Regulation S. The issuances include an offering with a 5.3-year tenor which is one of the longest term issued by Chinese real estate companies since February this year. The offering is also one of the largest real estate bond issuances in China in recent months.

Global law firm White & Case LLP has advised the underwriters on a €1.5 billion dual tranche Mortgage Covered Bond (Pfandbrief) issued by ING-DiBa AG.

The underwriter group includes Bayerische Landesbank, BNP Paribas, Dekabank Deutsche Girozentrale, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, ING Bank N.V., Norddeutsche Landesbank – Girozentrale, Swedbank AB (Publ) and Unicredit Bank AG