Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Debt

Cadwalader Advises on China’s First Third-Party Guaranteed US Dollar Bond Offering

01 Sep 2015

Cadwalader, Wickersham & Taft LLP has successfully advised HNA Capital Group Co., Ltd. (HNA Capital) on the offering of US$200 million 4.5% guaranteed bonds due 2018 by BL Capital Holdings Limited, an offshore company that operates as a special purpose vehicle for HNA Capital, underwritten by Barclays Bank PLC, Bank of China Limited, China Everbright Securities (HK) Limited, and Guotai Junan Securities (Hong Kong) Limited.

White & Case Advises U.S. Bank on €450 Million E-Carat Securitization of Opel Bank

28 Aug 2015

White & Case LLP has advised U.S. Bank Global Corporate Trust Services (U.S. Bank) on a securitization transaction for Opel Bank of approximately €450 million.

The transaction refinances a pool of auto loans granted in Germany by Opel Bank, a subsidiary of Adam Opel AG. It used Compartment 8 of Opel Bank's Luxembourg-based securitization platform E-Carat S.A.. U.S. Bank acted as collateral agent, cash manager, account bank, paying agent, back-up calculation agent and agent bank. White & Case has advised on a number of E-CARAT securitizations in recent years.

Mayer Brown advises banks on the new EUR 7.5 billion debt issuance program of NORD/LB Luxembourg S.A. Covered Bond Bank

26 Aug 2015

Mayer Brown advised Norddeutsche Landesbank Girozentrale and other banks as dealer counsel on the establishment of a EUR 7.5 billion new debt issuance program for notes and Pfandbriefe (lettres de gage) of NORD/LB Luxembourg S.A. Covered Bond Bank.

White & Case Advises Morgan Stanley on Alitalia's Private Placement

26 Aug 2015

White & Case LLP has advised Morgan Stanley, as Sole Underwriter, on a private placement by Alitalia – Società Aerea Italiana S.p.A., the leading Italian air carrier, of its €375 million 5.25 percent senior unsecured notes due 2020.

The Notes are being offered in accordance with Regulation S of the US Securities Act and will be listed on the Irish Stock Exchange.

White & Case Advises AK BARS Bank on US$350 Million Bond Issue

26 Aug 2015

White & Case LLP has advised AK BARS Bank on a US$350 million Reg S Eurobond. The transaction represents the first time a Russian financial institution has managed to access the international markets following the imposition of Russian sanctions in 2014.

The offering, part of the Bank’s US$1.5 billion Euro Medium Term Notes Programme and listed on the Irish Stock Exchange, attracted a mix of international investor interest and Russian demand.

White & Case Advises Greentown on Significant Liability Management Transactions

26 Aug 2015

White & Case LLP has advised leading Chinese residential property developer, Greentown China Holdings Limited, on its solicitation of consents from holders of its RMB2.5 billion 5.625 percent Senior Notes due 2016, US$700 million 8.5 percent Senior Notes due 2018 and US$500 million 8.0 percent Senior Notes due 2019.

Ashurst advises Credit Suisse AG on A$750m issuance

25 Aug 2015

Ashurst has advised Credit Suisse AG, Sydney Branch (Issuer) in relation to the issuance of A$750 million senior, unsecured Floating Rate Notes due 24 August 2018 under its Australian Debt Issuance Programme.

This is the Issuer's second domestic deal in 2015, and Ashurst also acted for the Issuer on its first deal under its Australian Debt Issuance Programme for the year.

DLA Piper advises PORR on 185,500.000-Euro borrower's note loan

25 Aug 2015

DLA Piper has advised PORR AG (“PORR”) on the placement of its first borrower’s note loan worth 185.5 million euros. The issue consists of four tranches with terms of three and five years – optionally with fixed or variable interest rates. The placement did not exclusively occur in the European region, but also to a large extent in Asia.

White & Case Advises Bank Group on Benchmark Bond Issue by KA Finanz

25 Aug 2015

White & Case LLP has advised Barclays, Deutsche Bank, Erste Group Bank AG, NATIXIS and Raiffeisen Bank International AG, as lead managers, on the €1 billion bond issuance by Austrian KA Finanz AG.

The bond has a maturity of five years and a coupon of 0.375 per cent and is guaranteed by the Republic of Austria. It will be listed on the regulated market of the Vienna Stock Exchange.