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Banking & Finance - Capital Markets: Debt

Loyens & Loeff Luxembourg advised QGOG Constellation regarding its USD 600 million Notes Offering

08 Sep 2017

Loyens & Loeff Luxembourg assisted QGOG Constellation S.A., as issuer, in respect of (i) an offer to exchange all of its outstanding 6.250% Senior Notes due 2019 for newly issued 9.000% Cash / 0.500% PIK Senior Secured Notes due 2024 and (ii) a solicitation of consents to certain proposed amendments to the existing indenture.

Ashurst advises Anheuser-Busch and FBG Finance on the update of its A$3 billion medium term note program

08 Sep 2017

Ashurst has advised the Issuer and Guarantors in relation to the update of Anheuser-Busch InBev's local subsidiary FBG Finance Pty Ltd's existing A$3 billion medium term note program (the Program) and the issuance of four tranches of Notes in an aggregate principal amount of A$1.95 billion.

DLA Piper advises on Places for People Treasury plc of its unlimited AU$ MTN Programme listed on the Australian Securities Exchange and AU$150 million issuance

08 Sep 2017

DLA Piper has acted on the listing by Places for People Treasury plc of its unlimited AU$ MTN Programme on the Australian Securities Exchange and first issuance of AU$150 million of notes thereunder.

Places for People Treasury plc is a wholly owned subsidiary of the Group parent, Places for People Group Limited. The Group is a leading property management, development, regeneration and leisure group. The Group owns or manages more than 150,000 properties and provides a diverse range of products and services to create high quality, safe and sustainable communities.

NautaDutilh assisted Bain on its USD 3.2 bln acquisition and financing of Diversey Group

07 Sep 2017

A team composed of NautaDutilh Amsterdam, Brussels, Luxembourg and New York assisted Bain Capital Private Equity, LP with the acquisition of the Diversey Group from Sealed Air Corporation. NautaDutilh co-counseled with Kirkland & Ellis International LLP and various local counsels. Next to the M&A deal we also worked on the bond issuance and leveraged financing of the transaction.

Clifford Chance Paris advises Deutsche Bank in connection with the Gabonese Republic's tap of its outstanding 6.95% bonds due 16 June 2025

07 Sep 2017

The Paris office of international law firm Clifford Chance has advised Deutsche Bank as sole lead manager and bookrunner on the tap issuance by the Gabonese Republic of its outstanding USD 500 million 6.95% bonds due 16 June 2025 for an amount of USD 200 million.

The proceeds of the issuance will be used to refinance the remainder of the Gabonese Republic's outstanding 8.20% bonds due December 2017. The transaction settled on 12 August 2017 and the bonds were offered and sold in reliance on Rule 144A and Regulation S and were admitted to trading on the Irish Stock Exchange.

Vinge has advised Rottneros

06 Sep 2017

Vinge has advised Rottneros AB (publ) (“Rottneros”) in connection with an issue of unsecured bonds up to a total amount of SEK 600 million. The bonds have a term of five years and floating interest of STIBOR 3M + 4.15 per cent. Swedbank has acted as financial adviser and sole bookrunner in connection with the bond issue.

Slaughter and May advised ISS on its issuance of notes totalling EUR 600,000,000 under its EUR 3,000,000,000 Euro Medium Term Note Programme

05 Sep 2017

Slaughter and May advised ISS, one of the world's leading facility services companies, on the issuance of notes totalling EUR 600,000,000 under its EUR 3,000,000,000 Euro Medium Term Note Programme.  The notes are to mature in 2027 and have a coupon of 1.50%.  They will be listed on the Luxembourg Stock Exchange.

Slaughter and May also advised ISS on the upsize of its Euro Medium Term Note Programme from EUR 2,000,000,000 to EUR 3,000,000,000.

Contacts

Allen & Overy advises Grünenthal in connection with EUR 300 million debut Schuldschein loan

05 Sep 2017

Allen & Overy LLP has advised Grünenthal in connection with the conclusion of Schuldschein loan agreements with a total volume of EUR 300 million. The Schuldschein loan is split into tranches with maturities from three to seven years. The transaction has attracted a number of new investors and allows Grünenthal to broaden its investor base whilst diversifying its funding sources. The transaction marks Grünenthal's debut in the Schuldschein market.

Slaughter and May, Hong Kong, advised Cathay Pacific Airways Limited on the annual update of the US$2 billion Medium Term Note Programme

01 Sep 2017

Slaughter and May, Hong Kong, advised Cathay Pacific Airways Limited on the annual update of the US$2 billion Medium Term Note Programme of Cathay Pacific MTN Financing Limited, its wholly-owned subsidiary (the Programme).

Notes issued under the Programme are unconditionally and irrevocably guaranteed by Cathay Pacific Airways Limited and may be listed on The Stock Exchange of Hong Kong Limited.

Contacts
Financing: Lisa Chung (partner), Adrienne Yeung (associate), Suet Wa Wong (trainee)