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Banking & Finance - Capital Markets: Debt

Gernandt & Danielsson advises in Akelius’ bond issue

07 Jul 2015

Gernandt & Danielsson advises in Akelius’ issue of corporate bonds amounting to SEK 500 million

The residential company Akelius Residential Property AB (publ) has issued unsecured floating rate corporate bonds amounting to SEK 500 million through a private placement. The bonds have been issued within a framework amount of SEK 1,500 million, of which the company previously has issued SEK 850 million. The bond loan is already admitted to trading on the Corporate Bond List at Nasdaq Stockholm.

Sought-after Underberg bond: Noerr again advises on successful placement

07 Jul 2015

Noerr has again advised Semper idem Underberg GmbH on the issue of a corporate bond with a total value of 30 million euros and with a coupon of 5.375% p.a. Underberg has once again relied on Noerr for advice: the Frankfurt-based capital markets law specialists Dr Laurenz Wieneke and his team had already advised Underberg in July 2014 on the issue of 30-million-euro bond, as previously on the issue and topping-up of an earlier bond from 50 to 70 million euros.

BLP advises Playtech on Ava acquisition and €200m debt facility

06 Jul 2015

Berwin Leighton Paisner (BLP), is advising the FTSE250 listed Playtech group (Playtech) on its proposed $105m acquisition of Ava Trade (Ava), an online B2C CFDs broker with financial services regulatory licences in the EU (Ireland), Japan, Australia and the BVI. This follows on from Playtech’s acquisition of TradeFX earlier this year and its proposed acquisition of AIM quoted Plus500 on which BLP is also advising.

Norton Rose Fulbright advises HSBC on HK$1.3 billion real estate issuance

03 Jul 2015

Norton Rose Fulbright has advised HSBC on the HK$1.3 billion issuance of new shares by South East Group Limited. South East Group Limited is an investment holding company that invests in and develops properties in the People’s Republic of China, and is listed on the main board of the Hong Kong Stock Exchange.

HSBC acted as financial adviser to China Minsheng Jiaye Investment Co., Ltd. (Offeror), the real estate arm of China Minsheng Investment Corp., Ltd. on the proposed issuance

Clifford Chance advises ABN AMRO Bank N.V. on EUR 500 million 'Euro Green Bond' issuance

03 Jul 2015

Clifford Chance has advised ABN AMRO Bank N.V. ("ABN AMRO") on raising EUR 500 million by issuing its inaugural 'Euro Green Bond'. It is for the first time that a Dutch commercial bank issues this type of bond. This product enables investors to (indirectly) invest in mortgages of highly energy-efficient homes, loans for solar panels on existing homes and sustainable commercial property.

NCTM Studio Legale Associato in the issue of a bond for Primi sui Motori

02 Jul 2015

NCTM assisted Primi sui Motori – a company listed on the AIM market and the Italian leader in digital marketing services and search engine positioning – in the issue of a 5-year bond with a maximum nominal amount of EUR 6.4 million. Furthermore, the Board of Directors of Primi sui Motori has resolved to make an exchange offer reserved for the holders of “Primi Sui Motori 9% 2013 – 2016” bonds.

NCTM Studio Legale Associato assisted Primi sui Motori with a team composed by the partner Lukas Plattner and Andrea Iovieno, associate.

King & Wood Mallesons advises Tikehau IM on the financing of the acquisition of p2 Cosmetics by Maesa

01 Jul 2015

King & Wood Mallesons advised Tikehau IM through a bond issue of €61,152,000 made by Maesa to finance the acquisition of p2 Cosmetics.

The firm regularly advises Tikehau IM, including on its provision of a unitranche debt package to support the investment of Winch Capital 2 in Maesa in October 2014.

Tikehau IM is the investment company of the Tikehau Group, it specialises in fixed income products, and has become one of the leaders in its market in just a few years.

Freshfields advises on CITIC Securities US$5bn private placement and subscription

30 Jun 2015

Freshfields Bruckhaus Deringer has advised the sole placing agent and sole global coordinator in relation to CITIC Securities’ private placement of new H Shares and the subscription of H Shares by China’s National Council for Social Security Fund (NSSF).

The transactions have a combined value of US$5bn, and subject to approvals, form the largest equity follow-on offering in Asia during 2015 to date.