Shearman & Sterling advised Jerrold Holdings Limited (“Jerrold”) on the offering by its wholly-owned subsidiary, Jerrold FinCo plc (the “Issuer”), of £100 million aggregate principal amount of 9.750% Senior Secured Notes due 2018 (the “Notes”). The Notes are being issued as additional notes under the Issuer’s existing indenture governing its £200 million 9.750% Senior Secured Notes due 2018 issued in September 2013. The Notes are guaranteed by Jerrold Holdings Limited and all of its other subsidiaries.

Davis Polk advised the underwriters in connection with an SEC-registered offering by General Mills, Inc. of €500 million aggregate principal amount of its 1.000% notes due 2023 and €400 million aggregate principal amount of its 1.500% notes due 2027.   

Based in Minneapolis, Minnesota, General Mills is a global manufacturer and marketer of branded consumer foods sold through retail stores. General Mills is also a supplier of branded and unbranded food products to the food service and commercial baking industries.  

Ashurst advised STADA Arzneimittel AG ("STADA") on the successful issuance of a €300 million corporate bond. The bond was subscribed by an international banking consortium comprising Commerzbank, DZ BANK AG, HSBC and UniCredit and was placed with institutional as well as private investors in more than ten countries. The seven-year bond has an annual interest rate of eight per cent. and was admitted to trading on the Luxembourg Stock Exchange.

Herbert Smith Freehills has advised the consortium of KKR, Värde Partners and Deutsche Bank on its financing of the A$8.2 billion acquisition of GE’s Australian and New Zealand consumer lending business.

GE’s consumer finance business has over three million customers in Australia and New Zealand and provides consumer financial products including credit cards, personal loans, consumer credit insurance and sales finance.

The holding companies of the Orange group Matterhorn Telecom S.A. and Matterhorn Telecom Holding S.A. have successfully placed CHF 450,000,000 3.625% Fixed Rate Senior Secured Notes, € 1,000,000,000 3.875 % Fixed Rate Senior Secured Notes, € 265,000,000 Floating Rate Senior Secured Notes and € 250,000,000 4.875 % Senior Notes. The Senior Secured Notes will mature in 2022 and the Senior Notes will mature in 2023. Credit Suisse acted as Global Coordinator and as Joint Bookrunner together with J.P.

Slaughter and May advised Standard Chartered PLC on its issue of US$750 million 1.700% Notes due 2018, US$250 million Floating Rate Notes due 2018, US$1.25 billion 2.250% Notes due 2020 and US$750 million 3.200% Notes due 2025 under its US$70 billion Debt Issuance Programme. BNP Paribas, BofA Merrill Lynch, Deutsche Bank Securities and Standard Chartered Bank acted as joint lead managers. Sullivan & Cromwell advised as to New York law.

CONTACTS

Corporate and Financing: Nilufer von Bismarck (partner), Andrew Chaplin (associate), Anthony Phillips (associate)

Shearman & Sterling represented Banco Santander, S.A., Barclays Bank PLC, BNP Paribas, and Deutsche Bank AG, London Branch as managers in connection with the offering by Petróleos Mexicanos of €2.25 billion of securities issued in two separate tranches.

The following Shearman & Sterling team advised the managers in the transaction: partner Stuart Fleischmann (New York-Capital Markets) and associates Grissel Mercado (New York-Capital Markets), Richard Bass (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax) and Erica Kassman (New York-Corporate).

Shearman & Sterling advised Orange Switzerland, a subsidiary of Matterhorn Telecom S.A. (the “Senior Secured Notes Issuer”) and Matterhorn Telecom Holding S.A. (the “Senior Notes Issuer” and, together with the Senior Secured Notes Issuer, the “Issuers”), on the combined offering by the Issuers of CHF 2,016.5 million (equivalent) aggregate principal amount of Senior Secured Notes due 2022 and Senior Notes due 2023. The offering, which was conducted pursuant to Rule 144A and Regulation S under the US Securities Act, closed on April 23, 2015.

Slaughter and May advised International Personal Finance plc (IPF), a leading international home credit business operating in Poland, the Czech Republic, Slovakia, Hungary, Romania, Mexico, Lithuania, Spain, Finland, Estonia, Latvia, Australia and Bulgaria, on the issue of EUR 100 million 5.750% wholesale denominated notes (the Notes) under its EUR 1 billion euro medium term note programme (the Programme).

Dentons advised Faurecia on three financings including a €1,200 million multicurrency syndicated credit facility (the "SCF"), €500 million senior notes issue and €200 million tap issue which closed in December 2014. Dentons has assisted Faurecia on all of its syndicated facilities since 2008.