Slaughter and May advised Standard Chartered PLC on its issue of US$250,000,000 5.300% Dated Subordinated Notes due 2043 under its US$50,000,000,000 Debt Issuance Programme, to be consolidated and form a single series with the US$500,000,000 5.300% Dated Subordinated Notes due 2043 issued by Standard Chartered PLC on 11 January 2013. Standard Chartered Bank acted as the manager.
 
Contacts

Financing: Nilufer von Bismarck (partner), Andrew Chaplin (associate)

Slaughter and May advised Standard Chartered PLC on its issue of US$2,000,000,000 3.950% Dated Subordinated Notes due 2023 and US$500,000,000 5.300% Dated Subordinated Notes due 2043 under its US$50,000,000,000 Debt Issuance Programme. BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan and Standard Chartered Bank acted as joint lead managers. Sullivan & Cromwell advised as to New York law.
 
Contacts

Financing: Nilufer von Bismarck (partner), Andrew Chaplin (associate)

Tokyo, Amsterdam: Leading international law firm Clifford Chance has advised ING Bank N.V. ("ING") on its sale of three-year bonds in Japan, raising JPY175.9 billion ($2.1 billion) in aggregate. This was the largest issue of JPY bonds in Japan by a foreign issuer in 2012, and one of the biggest ever fundraisings by a European issuer in Japan.

Watson, Farley & Williams announce that it has advised a leading international bank on a US$10 million re-financing of a 5,150 bhp Marshall-Islands flagged AHTS. The re-financing was provided to an affiliated company of a Singapore listed company.

The transaction had to be specially structured to enable bareboat registration under Philippines flag.

The WFWAP team was led by Lee Chien Herr.

Mr Lee commented: “This transaction marks the first time which the parties have cooperated on the ship financing front and which is intended to lead the way for more to come.”

LONDON, 8 January 2013 - Hogan Lovells advised syncreon Global Finance (US) Inc. and syncreon Global (Ireland) Limited on the completion of a US$100 million add-on bond offering of 9.5% notes due 2018 via sole lead J.P. Morgan, announced on 3 December 2012.

DLA Piper has advised its long standing client the London-based Maybourne Hotel Group on its planned refinancing through the signing of a £547 million five year debt facility. The refinancing, arranged by Blackstone Real Estate Debt Strategies completed on 28 December and follows a successful rights issue of £145 million undertaken before Christmas.

The refinancing enabled the Group to repay a £660 million loan facility and now provides working capital for its iconic hotels; Claridge's, The Connaught and The Berkeley.

International law firm Freshfields Bruckhaus Deringer has advised Rabobank International and Barclays on a €700 million securitisation transaction of Dutch residential mortgage loans originated by Amstelhuys. Amstelhuys is a 100% owned subsidiary of the Dutch-headquartered insurance and financial services group, Delta Lloyd.