O'Melveny represented China International Capital Corporation Hong Kong Securities Limited, Deutsche Bank AG, Hong Kong Branch, Guotai Junan Securities (Hong Kong) Limited and CLSA Limited, as the Placing Agents, in the private placement of 3,314,961,482 new H Shares at HK$1.35 per H Share (the H Share Placement) of Sinopec Oilfield Service Corporation (SSC) on the main board of the Hong Kong Stock Exchange (1033.HK).

Morrison & Foerster LLP advised China Huiyuan Juice in its agreement to issue HK$1B of convertible bonds to SDF III Holdings Limited. The deal is subject to shareholder approval and pursuant to the General Mandate.

Weil advised KME AG, a globally active manufacturer of copper and copper alloy products, in the successful placement of a high-yield bond with a volume of €300 million and maturation in 2023. The proceeds from the offering are to be used to repay existing debt.

DLA Piper has advised Zeus Capital Limited as nominated advisor and broker to OnTheMarket plc, operator of the residential property portal of the same name, on its listing on AIM and associated placing of shares, which began trading on Friday 9 February. The placing raised £30 million, resulting in a market capitalisation of approximately £100 million for OnTheMarket plc.

DLA Piper has advised Zeus Capital Limited as nominated advisor and broker to OnTheMarket plc, operator of the residential property portal of the same name, on its listing on AIM and associated placing of shares, which began trading on Friday 9 February. The placing raised £30 million, resulting in a market capitalisation of approximately £100 million for OnTheMarket plc.

Weil advised KME AG, a globally active manufacturer of copper and copper alloy products, in the successful placement of a high-yield bond with a volume of €300 million and maturation in 2023. The proceeds from the offering are to be used to repay existing debt.

International law firm McDermott Will & Emery advised a bank consortium consisting of Joh. Berenberg, Gossler & Co. KG und equinet Bank AG on a capital increase of ProCredit Holding AG & Co KGaA. 5,354,408 newly issued shares were placed with qualified investors by way of an accelerated book-building process at a price of EUR 11.40 per new share, resulting in gross proceeds of approx. EUR 61 million. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange.

Davis Polk is advising Nordic Capital on a public cash offer to the shareholders of Nordax Group AB to acquire all outstanding shares for SEK 60 per share. The board of directors of Nordax unanimously recommended the offer.

Nordic Capital is a private equity investor in the Nordic region with a commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordax is a niche bank in Northern Europe, providing unsecured consumer loans and deposits to customers in Sweden, Norway, Finland and Germany.

International law firm Berwin Leighton Paisner (BLP) has successfully advised a group of vendors which included Yoma Strategic Holdings Ltd and First Myanmar Investment Company Limited on a reorganisation, spin-off and listing of their tourism-related assets under the Memories Group on the Singapore stock exchange, through the reverse takeover of Catalist-listed SHC Capital Asia Limited (SHC).

Eversheds Sutherland advises OnTheMarket plc on property portal flotation

Eversheds Sutherland has advised OnTheMarket plc on its placing and admission to trading on AIM.

OnTheMarket plc, which starts trading on AIM today (9 February, 2018), is the parent company of longstanding Eversheds Sutherland client Agents’ Mutual, which owns and operates the UK online residential property portal OnTheMarket.com.