Clifford Chance has advised Otsuka Medical Devices Co., Ltd ("Otsuka" or "the Company") in relation to the US$200 million (approximately HKD1.56 billion) loan financing to MicroPort Scientific Corporation ("MicroPort Scientific") as well as the related purchase option and other commercial arrangements between Otsuka and MicroPort Scientific.

Otsuka engages in the research, development and commercialisation of medical devices. The Company is a wholly-owned subsidiary of Otsuka Holdings Co., Ltd, which is listed on the Tokyo Stock Exchange.

Baker & McKenzie advised Société Générale Corporate, Investment Banking (Société Générale) as arranger counsel in the second public ABS (asset-backed securities) transaction of Bank Deutsches Kraftfahrzeuggewerbe GmbH (BDK) in Germany.

Notes with an aggregate principal amount of EUR 1 billion secured by auto loan receivables were issued. The originator of the receivables is BDK. The transaction size was increased due to high demand. The Issuer is Red & Black Auto Germany 2 UG (haftungsbeschränkt). Société Générale was assigned with the placement of the notes.

Shearman & Sterling represented Oesterreichische Kontrollbank (“OeKB”) in connection with OeKB’s public offering of $1 billion of its 0.750% Guaranteed Global Notes due 2016. The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.

Simpson Thacher represented Barclays as initial purchaser in connection with a 144A/Regulation S offering by MEG Energy Corp. (“MEG”) of $200 million additional aggregate principal amount of 7.0% senior notes due 2024. The notes were issued as additional notes under an indenture pursuant to which MEG issued $800 million of 7.0% senior notes due 2024 on October 1, 2013. MEG intends to use the net proceeds from the offering for general corporate purposes, including funding its 2014 capital program.

Simpson Thacher represented First Data Corporation (“First Data”) in connection with its Rule 144A and Regulation S offering of $1 billion aggregate principal amount of additional 11.75% Senior Subordinated Notes due 2021 (the “Notes”). The offering is expected to close on November 19, 2013.

First Data will use the net proceeds, together with cash on hand, to redeem $1 billion aggregate principal amount of its outstanding 11.25% Senior Subordinated Notes due 2016 and to pay accrued and unpaid interest.

Simpson Thacher recently represented Empresa Nacional de Telecomunicaciones S.A. (“Entel”), one of Chile's largest telecommunications providers, in a Rule 144A / Regulation S offering of US$1 billion of 4.875% Senior Notes due 2024. This transaction was Entel’s inaugural offering of securities in the international capital markets. HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. acted as representatives of the initial purchasers in the offering.

Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co., Morgan Stanley, RBS and Scotiabank, in connection with a public offering by Altria Group, Inc. of $1.4 billion aggregate principal amount of its 4.000% Notes due 2024 and $1.8 billion aggregate principal amount of its 5.375% Notes due 2044.  The offering closed on October 31, 2013.

White & Case has advised the Italian banks acting as dealers and co-dealers (BNP Paribas, Monte dei Paschi di Siena Capital Services, Banca Akros and Banca Sella) in connection with the fifth issuance of BTP Italia, the Italian inflation-linked four-year bond, issued by the Italian Ministry of Economy and Finance.

This transaction represents the biggest bond issuance in Europe, passing the €18 billion raised last April by the Italian Treasury and raising a record €22.27 billion.

White & Case LLP has advised the fund Apax Partners LLP and the Rhiag Group in connection with the issuance – by Rhino Bondco S.p.A. – of a €415 million High Yield bond of 7.25% Senior Secured Notes and Floating Rate Senior Secured Notes.

White & Case LLP has advised Intesa Sanpaolo S.p.A. on a US$1.25 billion, 3.875 percent five-year issuance of Yankee bonds under its US$15 billion Medium Term Note Programme.

The notes placed in the U.S. and Canadian markets will be issued by Intesa Sanpaolo S.p.A. and guaranteed by its New York branch, in accordance with Section 3(a)(2) of the U.S. Securities Act.