Herbert Smith Freehills is providing various legal services to Chinese-based Melbourne property developer Jinding Australia, which is focusing on becoming one of Australia’s leading property developers.
Over the past 6 months Herbert Smith Freehills has advised Jinding Australia on the expansion of its development portfolio to over $1.3 billion. The company’s recent acquisitions include:
In December 2017, King & Wood Mallesons (“KWM”) advised Beijing Horizon Robotics Technology Research and Development Co., Ltd. (“Horizon Robotics”) on its successful series A+ financing. This preferred equity financing raised approximately US$100 million. Although Horizon Robotics was only established two years ago, it has achieved extraordinary growth in its business valuation and has strengthened its competitive edge in the artificial intelligence (“AI”) industry as a result of this transaction.
King & Wood Mallesons (KWM) advised Nexxus Iberia on the closing of its new private equity fund, Nexxus Iberia Private Equity Fund I, with €130 million in capital commitments, out of a target size of €200 million. The limited partners of the fund at the first closing include institutional investors, as well as high net worth investors and family offices from Mexico and Spain.
Influential streetwear and youth culture title Highsnobiety has raised an $8.5 million Series A round led by London-based venture firm Felix Capital. The investment will go into investing in new technology and digital media in niche verticals, from sneakers to music, the capturing of more extensive data and analytics as well as into the world of curated editorial and long-form video. The international law firm Taylor Wessing advised Felix Capital on all legal aspects of the financing.
International law firm Taylor Wessing has advised Try Market Halls, a group of UK-based property investors and restaurateurs, on their new upmarket food halls scheme launching in London and across the UK in 2018.
Watson Farley & Williams (WFW) has advised AIM-traded Saffron Energy Plc (Saffron Energy) on its agreements to acquire the Italian oil & gas portfolios of each of Sound Energy Plc, listed on AIM (Sound Energy) and Po Valley Energy Ltd, listed on ASX (Po Valley).
Watson Farley & Williams (“WFW”) has advised HSH Nordbank AG on the implementation of and related negotiations for the financing of the construction, development and operation of two photovoltaic plants in France with an overall capacity of 18.58 MW. The firm also led on the preliminary due diligence review and the negotiation of project contracts.
Watson Farley & Williams (“WFW”) advised Banco Santander as lender on a €37.750m bond issue by Q-Energy for the refinancing of two photovoltaic plants with a total capacity of 7.1 MW located in Leon and Cordoba, Spain. With this third bonds issue, Q-Energy becomes the platform of reference for renewables project bonds issues in Spain.
The bonds issued are subject to Spanish law, and were subscribed by institutional investors through a private placement and traded on the “Quotation Board” of the Frankfurt Stock Exchange.
Schulte advised Murray Energy Corporation and its affiliates as buyers in the Chapter 11 case of Armstrong Energy Inc. Part of a restructuring plan, the acquisition contemplates the formation of a new company with Armstrong's existing secured bondholders. Pending approval by the bankruptcy court, the new company will produce low-chlorine, high-sulfur thermal coal and manages coal preparation and shipment facilities.
Schulte advised Endicott Management Company, a leading New York City investment firm primarily focused on equity investments in banks, in the strategic investment in Bank Leumi le-Israel Corporation, a U.S. bank holding company. The investment, which involves Bank Leumi le-Israel B.M.'s sale of the shares it holds in Bank Leumi le-Israel, is being led by Endicott and includes MSD Capital LP, and totals a 15 percent stake in Bank Leumi le-Israel. The 15 percent is valued at approximately $141 million.