Slaughter and May, working as a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, advised Swiss Re Ltd in connection with the issue by Demeter Investments BV of US$ 700,000,000 Fixed-to-Floating Rate Non Step-Up Callable Notes with a scheduled maturity in 2050 issued under its Secured Note Programme and secured by, among other things, a Facility Agreement entered into with Swiss Re Ltd and up to US$ 700,000,000 Subordinated Fixed-to-Floating Rate Non Step-Up Callable Loan Notes with a scheduled maturity in 2050.

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As of December 3rd, an innovative new platform facilitating the origination of and investment in Dutch mortgage loans established by Dynamic Credit is live. By assisting Dynamic Credit, NautaDutilh has now assisted four out of the five of the new entrants to the mortgage market.

G&D advises in West Atlantic’s issue of bonds with a value of SEK 850 million.

West Atlantic AB (publ) has placed an issue of senior secured bonds in the amount of 850,000,000 kronor (within a framework amount of 1,350,000,000 kronor). Nearly 100 institutional and private investors from all the Nordic countries as well as from the UK and Continental Europe participated in the oversubscribed issue. The bond loan is the company’s second Swedish bond loan. The bonds will be listed on the corporate bond list at Nasdaq Stockholm.

The Clifford Chance Dubai and Istanbul offices recently advised the joint lead managers on Albaraka Turk's US$250 million subordinated Tier 2 trust certificates issuance listed on the Irish Stock Exchange. The issuance marks the first Basel III compliant Tier 2 sukuk issuance out of Turkey.

Our Trade Finance team handled two major Russian pre-export financings in the metals industry, with a combined worth of US$600 million.
 
Firstly, we've played an integral role in helping Société Générale close a four-year US$400 million pre-export loan facility for a Russian steelmaking giant, Novolipetsk Steel (NLMK).
 

King & Wood Mallesons advised Huitianfu Capital Management Co., Ltd. (HTF Capital) on its establishment of asset securitization project of the HTF Capital–Shimao purchasing–house receivables backed specific plan, which is listed for transfer on the Shanghai Stock Exchange (SSE). The total issuance of asset-backed securities (ABS) of this project is RMB 600 million yuan, among which the senior notes of ABS are RMB 540 million yuan. Zhong Cheng Xin International Credit Rating Co., Ltd (CCXR) gives AAA provisional rating to the senior notes.

DLA Piper has advised New York City based technology company Updater Inc on its AU$22 million initial public offering (IPO) and listing of CHESS Depositary Interests on the ASX today.

Updater is a New York City based start-up, founded in 2010. The company has developed technology that transforms the home relocation process in the United States. Their innovative Mover Product offers a centralised online service helping consumers organise and complete all their moving-related logistics efficiently and seamlessly - from redirecting mail to scheduling a removalist.

Slaughter and May is advising Non-Standard Finance plc (NSF) on the acquisition of Everyday Loans Holdings Limited (Everyday Loans) from Secure Trust Bank PLC (STB) (the Acquisition) and NSF's associated placing and open offer (the Placing and Open Offer) and debt financing.

Herbert Smith Freehills is delighted to be advising Spark Infrastructure Group (Spark) on its A$405 million fully underwritten 5 for 34 non-renounceable pro-rata offer of stapled securities comprised on loan notes and units in the Spark Infrastructure Trust (Stapled Securities), announced to the ASX on 25 November 2015 (the Entitlement Offer). The Entitlement Offer consists of an accelerated institutional rights issue and a retail rights issue of Stapled Securities, at an issue price of A$1.88 per Stapled Security.

Gide advised BNP Paribas, as sole lead manager, on the issuance by Apicil Prévoyance of € 150 million fixed rate dated subordinated notes due November 2025, admitted to trading on the Euro MTF. CMS Bureau Francis Lefebvre advised Apicil Prévoyance.

Gide's team was led by partner Hubert du Vignaux, assisted by Laurent Vincent and Aude-Laurène Dourdain.