Leading international law firm Clifford Chance advised on Haier Group's two high profile transactions in the debt capital markets. The first was for Well Hope Development Limited on the issuance of US$1 billion 3.875% senior guaranteed perpetual capital securities unconditionally and irrevocably guaranteed by Haier Group Corporation. The second was for Harvest International Company on the issuance of US$1.03 billion (HK$8 billion) zero coupon guaranteed exchangeable bonds due 2022 exchangeable into ordinary shares of Haier Electronics Group Co., Ltd.

Wey Education PLC (an AIM quoted company) has announced a firm placing to raise £5 million. Burges Salmon’s corporate team has advised WH Ireland (as nomad and broker) in connection with the placing.

Using state of the art digital technology, Wey Education operates two main divisions: (i) a non-selective fee paying secondary school specialising in online education; and (ii) a B2B operation serving other educational companies and schools.

Simpson Thacher represented J.P. Morgan Securities plc and Nomura Financial Investment (Korea) Co., Ltd., as joint global coordinators and joint bookrunners, in connection with the offering of US$500 million Subordinated Capital Securities by Heungkuk Life Insurance Co., Ltd. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended. The securities will pay a fixed rate of interest of 4.475% for the first five years subject to certain exceptions and the interest rate will be reset every five years unless the issuer redeems the securities.

Latham & Watkins represented the underwriters in the US$1.33 billion initial public offering of shares of HDFC Standard Life Insurance Company Ltd that debuted on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) on 17 November 2017.

HDFC Standard Life’s initial public offering continues another impressive year for Latham’s India Practice, with the team acting on capital markets transactions worth over US$6.5 billion to-date in 2017.

Ashurst has advised Clime Capital Limited (Clime Capital) on its A$21.4 million capital raising in order to further invest in securities on the Australian Stock Exchange (ASX), recognised international exchanges and selected unlisted investments.

The capital raising includes a non-renounceable entitlement offer and placement and involves the rarely used, listed redeemable convertible note instrument, which will increase Clime Capital's level of investments principally in listed securities. Sanlam Private Wealth (Sanlam) acted as the underwriter.

Herbert Smith Freehills has advised Netwealth Group Limited on its successful A$879 million initial public offering (IPO).

Netwealth Group commenced trading on the Australian Securities Exchange on 20 November 2017, under the ticker ‘NWL’. The listing was the second biggest by market capitalisation so far on ASX in 2017. NWL shares closed 44% up on the first day of trading.

Norton Rose Fulbright has advised Credit Suisse, Goldman Sachs and Morgan Stanley as joint global co-ordinators and joint bookrunners on the initial public offering of Landscape Acquisition Holdings Limited (Landscape), a special purpose acquisition company (of SPAC) that intends to focus on acquiring a business likely with a real estate component and all or a substantial part of its activities in North America or Europe.

Taylor Wessing has advised Boku Inc., the world’s leading independent direct carrier billing company, on its institutional placing and initial public offering on the AIM Market of the London Stock Exchange raising £45 million, based on a market value for the company of £125.9m, to invest in future growth opportunities, as well as to raise proceeds for certain selling shareholders. The placing, which was significantly oversubscribed, saw strong demand from a wide range of institutional investors.

Skadden is advising China-based Jianpu Technology Inc. on its $180 million initial public offering of American depositary shares and listing on the New York Stock Exchange. The firm also is advising on Jianpu Technology’s $40 million concurrent placement.

Gide has advised Erytech Pharma ("Erytech"), a company listed on Euronext Paris, on its initial public offering on the Nasdaq Global Select Market, through a reserved capital increase to American and European specialist investors for a total aggregate amount of USD 144 million, after full exercise of the over-allotment option.