Slaughter and May, working as a team with Cleary, Gottlieb Steen & Hamilton LLP, advised Santander UK Group Holdings Plc on the English law aspects of its SEC registration of its US shelf programme. Under the shelf programme, Santander UK Group Holdings Plc may issuer senior notes.
Slaughter and May, working as a team with Cleary, Gottlieb Steen & Hamilton LLP, advised Abbey National Treasury Services plc in relation to the issue of US$ 1,000,000,000 notes under its SEC registered US shelf facility.
The issue, announced on 24 August 2015, comprises US$ 750,000,000 2.000% notes due 2018 and US$ 250,000,000 floating rate notes due 2018.
Clifford Chance advised a banking consortium including, among others, Bank of America Merrill Lynch, Barclays, BNP Paribas, Commerzbank, Crédit Agricole, Deutsche Bank, JP Morgan, Morgan Stanley, Royal Bank of Scotland and UniCredit on the amend and extend of the existing senior debt facilities for German energy services provider, Techem.
The resulting financing package comprises currently committed facilities having a total volume of EUR 815 million.
Gide advised BNP Paribas, HSBC, Natixis and Société Générale, as joint lead managers, on the issuance by SEB of its € 500 million 2.375 per cent. notes due 2022, admitted on Euronext Paris.
Gide's team was led by Hubert du Vignaux (partner), assisted by Laurent Vincent and Aude-Laurène Dourdain.
The Issuer was not assisted by an external counsel.
Freshfields Bruckhaus Deringer has advised TusHoldings Co., Ltd. (Tus-Holdings), in its capacity as guarantor, on the issue of bonds on the Hong Kong Stock Exchange.
International law firm Freshfields Bruckhaus Deringer has advised TusHoldings Co., Ltd. (Tus-Holdings), in its capacity as guarantor, on the issue of bonds on the Hong Kong Stock Exchange.
The US$400m 5.375 per cent bonds, issued by Tuspark Forward Ltd., are due 2018.
Linklaters has acted as legal adviser to six Italian Regions (Lazio, Lombardia, Campania, Puglia, Marche and Liguria) on a €5.6 billion cash tender offer. The ground-breaking Italian deal was aimed at reducing financial costs for the regions and streamlining the structure of their debt, with the buy back funded by a loan from the Italian government.
This is the first time a transaction of this nature has been completed in Italy, and of particular significance is the fact that all 6 regions are launching the tender offers simultaneously.
Linklaters has advised the Republic of Cameroon on the $750 million inaugural offering of 9.50% notes due 2025. This transaction is intended to enable the Republic of Cameroon to finance development projects and, in particular, the repayment in full of the SONARA bridge loan, the partial financing of the three-year emergency plan and certain long-term investment projects identified in the 2015 budget.
White & Case LLP has advised a consortium of banks that included Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs International, Santander GBM and Societe Generale Corporate & Investment Banking on the issuance by PZU Finance AB (publ) of registered bonds of a total nominal value of €350 million.
NautaDutilh advised SNS Bank with its first Tier 2 debt issue since the nationalisation in February 2013. On 29 October 2015, SNS Bank successfully placed EUR 500 million subordinated (Tier 2) notes with a wide range of institutional investors.
The transaction marks the strong return of SNS Bank to the capital markets and contributes to the strengthening and diversification of SNS Bank’s capital base.