King & Wood Mallesons (“KWM”) advised lead underwriters for Alibaba Group Holding Ltd (“Alibaba”) on its successful completion of SEC-registered public offering of USD 7 billion senior unsecured debt and the listing on the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 6 December, 2017, with tenure of 5.5 years, 10 years, 20 years, 30 years and 40 years. This offering sets the record of the Asian non-banking corporation’s USD debt this year.

Global law firm Norton Rose Fulbright has advised longtime client ADLER Real Estate AG in the issuance of a dual tranche bond under New York law with a nominal value of €800m. This is the second largest bond offering in the German real estate sector and the largest European offering rated BB+.

The Hong Kong and Palo Alto offices of the Firm represented Alibaba Group Holding Limited (“Alibaba Group”) in connection with its offering of US$7 billion aggregate principal amount of investment grade notes (“the Notes”), consisting of US$700 million 2.8% Notes due 2023, US$2.55 billion 3.4% Notes due 2027, US$1 billion 4% Notes due 2037, US$1.75 billion 4.2% Notes due 2047 and US$1 billion 4.4% Notes due 2057. The Notes are listed on the Singapore Exchange Securities Trading Limited. Morgan Stanley, Citigroup, Credit Suisse, Goldman Sachs and J.P.

Davis Polk advised China Cinda (HK) Holdings Company Limited (“Cinda HK”) in connection with a private placement of $545 million Regulation S guaranteed senior notes issued by Cinda HK’s wholly owned subsidiary, China Cinda Finance (2017) III Limited. The notes are guaranteed by Cinda HK.

Davis Polk advised ORIX Corporation in connection with its SEC-registered shelf takedown of $700 million aggregate principal amount of 3.250% notes due 2024.

ORIX, one of Japan’s leading financial services groups, provides a broad range of commercial and consumer finance products and services to corporate and retail customers in Japan and overseas.

Shearman & Sterling advised Salt, a subsidiary of Matterhorn Telecom, on Matterhorn Telecom’s offering of €400 million 4.00% senior secured notes due 2027. The offering closed on November 27, 2017.

The notes are guaranteed on a senior secured basis by Matterhorn Telecom Holding, Salt Mobile and Salt Network. The proceeds from the offering, together with cash on balance sheet, were used to redeem €400 million of Matterhorn Telecom S.A.’s floating rate senior secured notes due 2023, and to pay certain fees and expenses relating to the offering.

Simpson Thacher represented Credit Suisse Securities (Europe) Limited, BNP Paribas, Goldman Sachs International, J.P. Morgan Securities plc, Natixis and Société Générale, as initial purchasers, in connection with a Rule 144A and Regulation S offering of €400 million in aggregate principal amount of 4.00% Senior Secured Notes due 2027 by Matterhorn Telecom S.A., the parent of Salt Mobile S.A. (“Salt”). The transaction closed on November 27, 2017.

Gide advised Banca IMI S.p.A, Banco Santander S.A, BNP Paribas, ING Bank N.V., Belgian Branch and UniCredit Bank AG as joint-lead managers on the issuance by BNP Paribas Cardif of Tier 3 subordinated bonds issuance for an amount of EUR 750 million due 2024, bearing interest at a fixed rate of 1.00%, admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.

Gide's team was led by partner Hubert du Vignaux, assisted by Bastien Raisse and Louis Ravaud.

BNP Paribas Cardif was assisted by Allen & Overy.

Linklaters has advised Oxford University on its first ever bond which will be issued on 8 December 2017 and will raise £750 million, with a maturity of 100 years. The bond will have the longest maturity of any from a British university and will be longer than any public issue of UK government bonds or gilts to date.

The funds from the bond will allow Oxford to invest in strategic capital projects that extend its outstanding capabilities in teaching and research as well committing to major new physical and virtual infrastructure development.

Paul, Weiss advised Canada-based gold producer Yamana Gold Inc. in its offering of $300 million aggregate principal amount of its 4.625% senior notes due 2027. The offering was made pursuant to exemptions from registration under Rule 144A and Regulation S of the Securities Act of 1933. Yamana is a TSX- and NYSE-listed company with significant gold production, gold development stage properties, exploration properties and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.