Charles Russell Speechlys have recently advised Chelverton Small Companies Dividend Trust PLC (Chelverton) on a combined main market issue of C shares (by way of an offer for subscription, intermediaries offer and placing) and zero dividend preference shares by a newly incorporated subsidiary of Chelverton, together with a “rollover” of existing zero dividend preference shares via a s. 110 Insolvency Act 1986 scheme of reconstruction.

Charles Russell Speechlys has advised Business Growth Fund (BGF) on its investment in Revital, a London based multi-channel retailer of supplements, beauty and wellness products.

Bank of Gansu is the only provincial city commercial bank in Gansu province, a region that occupies a key position in Northwest China.

Latham & Watkins has advised Bank of Gansu Co., Ltd. (Bank of Gansu) on its approximate HK$6 billion initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited.

Davis Polk advised the representatives of the several underwriters, in an SEC-registered offering by Ensco plc of $1 billion aggregate principal amount of its 7.75% senior notes due 2026.

Davis Polk also advised the dealer managers in connection with Ensco’s concurrent cash tender offer for its outstanding 8.50% senior notes due 2019, 6.875% senior notes due 2020 and 4.70% senior notes due 2021. The tender offer was funded with the proceeds of the notes offering.

Davis Polk advised the representatives of the several underwriters, in an SEC-registered offering by Ensco plc of $1 billion aggregate principal amount of its 7.75% senior notes due 2026.

Davis Polk also advised the dealer managers in connection with Ensco’s concurrent cash tender offer for its outstanding 8.50% senior notes due 2019, 6.875% senior notes due 2020 and 4.70% senior notes due 2021. The tender offer was funded with the proceeds of the notes offering.

Allen & Overy LLP has advised Würzburg-based printing press manufacturer Koenig & Bauer AG ("Koenig & Bauer") in connection with a syndicated credit financing in a total amount of EUR 350 million. The financing included a EUR 150 million revolving credit facility and a EUR 200 million letter of credit facility.

The facilities have a term of five years with extension options of up to two years. This is the first transaction in the syndicated credit market for Koenig & Bauer.

Cleary Gottlieb represented Kakao Corp. in a $1 billion Rule 144A/Regulation S offering of global depositary shares.

The GDSs are expected to be listed on the Singapore Stock Exchange on February 2, 2018. Citigroup and Goldman Sachs International acted as the joint global coordinators and bookrunners for the offering, which closed on January 23, 2018.

Kakao Corp. operates Korea’s leading instant messaging service as well as leading mobile and online platforms in Korea.

Cleary Gottlieb is advising the Chilean Codelco Group in the sale of its shares in Deutsche Giessdraht GmbH to Aurubis AG.

Prior to the transaction, Codelco’s stake, via its German subsidiary Codelco Kupferhandel GmbH, represented 40 percent of the joint venture. The remaining 60 percent was already held by Aurubis. The joint venture produces roughly 240,000 tons of copper wire rod per year, and it has a workforce of approximately 110 employees.

Covington advised Bacardi Limited in its definitive agreement to acquire Patrón Spirits International AG and its PATRÓN® brand, the world’s top-selling ultra-premium tequila, from John Paul DeJoria, a founder of Patrón. The transaction reflects an enterprise value for Patrón of $5.1 billion. The transaction follows the successful relationship the companies have had for nearly a decade since Bacardi’s initial acquisition of a significant minority stake in Patrón in 2008.

Hunton & Williams, Bangkok assisted East Coast Furnitech Public Company Limited (ECF: Bangkok), a manufacturer and distributor of particle board and rubber wood furniture to nationwide stores such as Tesco Lotus, Big C and Home Pro, on the issuance and allocation of 30,000,000 newly-issued ordinary shares at the offering price of THB 5.58 per share worth THB 167,400,000 or approximately USD 5 million to specific investors, Macquarie Bank Limited and One Asset Management Limited, who will allocate such shares to the 29 mutual and provident funds under their management.