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Banking & Finance - Capital Markets: Debt

Simpson Thacher Represents Cognita in Relation to its £280 Million Senior Secured Notes Offering and Revolving Credit Facility

12 Aug 2015

Simpson Thacher represented a finance subsidiary of Cognita in connection with a Rule 144A and Regulation S offering of £280 million in aggregate principal amount of its Senior Secured Notes due 2021. The Firm also represented a subsidiary of Cognita in connection with its entry into a new £60 million Revolving Credit Facility. The transaction closed on August 7, 2015. Cognita used the net proceeds from this offering to refinance certain of its outstanding indebtedness and to pay costs related to the termination of existing interest rate swaps.

Shinhan Bank Completes CNY 1.2 Billion Notes Offering

12 Aug 2015

Simpson Thacher, acting as sole international counsel, represented The Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank (Hong Kong) Limited as joint bookrunners and joint lead managers, in connection with the offering of CNY 1.2 billion 4.2% Notes due 2018 by Shinhan Bank under its $6 billion global medium term note program. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended.

Norton Rose Fulbright acts for the biggest Kangaroo Note Issuer in 2015

11 Aug 2015

A cross-border Norton Rose Fulbright team from Sydney and London has advised the Sydney branch of Royal Bank of Canada (RBC) on its five-year A$1.1 billion fixed and floating notes under its Australian Debt Issuance Programme.

The Notes, issued today, form part of RBC’s US$40 billion global Programme for the Issuance of Securities. They are settled in Australia’s domestic clearing system, Austraclear, and indirectly in Euroclear and Clearstream.

Norton Rose Fulbright advises The Bank of New York Mellon on Adani Ports’ US$650 million 5-year debut dollar bond issue

10 Aug 2015

Norton Rose Fulbright has advised The Bank of New York Mellon in its role as trustee for Adani Ports and Special Economic Zone Ltd (APSEZ)’s US$650 million 3.5% senior unsecured offering.

APSEZ is part of the Adani Group, an integrated infrastructure corporation. The issue was the Indian private ports operator’s inaugural bond offering. The bonds are listed and quoted on the official list of the Singapore Exchange Securities Trading Limited.

Clifford Chance advises UniCredit Bank on a EUR 2 billion securitisation of German SME loans

06 Aug 2015

Clifford Chance advised UniCredit Bank AG on the securitisation of German SME loans in an amount of EUR 2 billion.

The loans were sold by UniCredit Luxembourg S.A., a subsidiary of UniCredit Bank AG, to Geldilux-TS-2015 S.A., a Luxembourg special purpose vehicle. Geldilux financed the purchase by issuing several classes of notes.

NautaDutilh advises Q-Park in EUR 925 million refinancing transaction

06 Aug 2015

On 30 July 2015, the Q-Park group obtained a EUR 925 million facility from ABN AMRO, Rabobank, ING, HSBC and KBC as refinancing of an existing EUR 1,158 billion facility.

NautaDutilh Amsterdam acted as lead counsel for Q-Park, managing multiple best-friends law firms in 12 jurisdictions, including the Belgium and Luxembourg offices.

Gide advises the Joint Lead Managers on the EUR 450 million issue of notes by Bolloré

04 Aug 2015

Gide advised the Joint Lead Managers Crédit Agricole Corporate and Investment Bank, Citigroup Global Markets Limited, CM-CIC Securities, ING Bank NV, Belgian Branch, Mediobanca S.p.A and Natixis on the issuance by Bolloré of its € 450 million 2.875 per cent. notes due 2021, and admitted to trading on the regulated market of NYSE Euronext in Paris.

Gide's team was led by partner Hubert du Vignaux assisted by Bastien Raisse and Aude-Laurène Dourdain.