Frankfurt/Main – On 5 July 2018, Telefónica Deutschland Holding AG successfully placed a senior unsecured bond worth EUR 600 million via O2 Telefónica Deutschland Finanzierungs GmbH. This is the third successful benchmark issue by Telefónica Deutschland, following its debut offering of EUR 600 million in November 2013 and a second bond amounting to EUR 500 million in February 2014.
International law firm Bryan Cave Leighton Paisner (“BCLP”) advised Jadestone Energy (“Jadestone”), a leading upstream oil and gas company in the Asia-Pacific region, on its institutional placing and admission to trading on AIM which raised USD$110m (increased from $95m). Jadestone is now dual-listed, as it also currently trades on Canada’s TSX Venture Exchange.
MinterEllison has advised Vitalharvest on the A$185 million IPO of the Vitalharvest Freehold Trust on the ASX
The Vitalharvest Freehold Trust (ASX:VTH) owns one of Australia's largest aggregations of citrus and berry farms, which are split over approximately 3,700 hectares and 130 property titles located across New South Wales, Tasmania and South Australia.
In one of the largest transactions of its type in Australia, MinterEllison has advised Bemis Company, Inc.
("Bemis", NYSE: BMS) on its US$5.26 billion cross-border merger with Amcor Limited ("Amcor", ASX: AMC) to form a dual listed $25 billion global packaging industry leader.
Freshfields Bruckhaus Deringer (‘Freshfields’) has advised China Tower Corporation Limited (‘China Tower’), the worlds’ largest telecommunications tower infrastructure service provider, on the proposed global offering and listing of its H-shares on the Main Board of the Hong Kong Stock Exchange.
Slaughter and May is acting for the independent directors of Arsenal Holdings PLC (“Arsenal”) in connection with the all-cash offer by KSE, UK, Inc. (“KSE”) for the shares of Arsenal not already owned by KSE. At the time of announcement of the offer, KSE, a company wholly-owned and controlled by Stanley Kroenke, owned approximately 67 per cent. of Arsenal. The offer was announced on 7 August.
Contacts
Corporate: Andrew Jolly (partner), Paul Mudie (partner), Francesca Harris (associate), Theo Taylor (associate)
On 8 August 2018, China Tower Corporation Limited (“China Tower”, stock code: 0788.HK) successfully launched its initial public offering of 43,114,800,000 shares (before exercise of the over-allotment option) on the mainboard of the Hong Kong Stock Exchange(“HKSE”). The global offering was priced at HK$ 1.26 per share and raised approximately HK$ 54.325 billion, making it the world’s largest IPO in nearly two years and one of the top 10 biggest IPOs in the history of HKSE.
Leading international law firm Clifford Chance advised the joint sponsors and underwriters including China International Capital Corporation (CICC) and Goldman Sachs on China Tower Corporation Limited's US$6.9 billion (HK$54.3 billion) initial public offering (IPO) and listing on the Hong Kong Stock Exchange (HKEX). China Tower is the world's largest telecommunications tower infrastructure service provider and this offering is the world's largest IPO in two years.
Cleary Gottlieb represented Transdev Group in connection with its inaugural euro private placement of €220 million.
The issue of notes comprised two tranches maturing on August 3, 2025, and August 3, 2026, for a principal amount of respectively €150 million bearing interest at 1.779 percent and €70 million bearing interest at 2.051 percent.
Hill Dickinson's corporate team has recently advised AIM-listed client UK Oil & Gas plc (UKOG) on its change from an investment company to an operating company.
UKOG is a British oil and gas company with a portfolio of 8 UK onshore projects. In particular, it has invested primarily in oil and gas assets located in the Weald Basin in southern England where oil and gas drilling has been taking place for well over 100 years.