Linklaters advised on the establishment of a Global Medium Term Note Programme for the Government of the Sultanate of Oman, and on the issuance of three series of bonds under it with an aggregate issuance size of $6.5bn. It was the Sultanate’s largest ever foray into the international debt capital markets.  Oman sold a $1.25bn bond with a five-year tenor,  a $2.5bn bond with a 10-year tenor and a $2.75bn bond with a 30-year tenor.
 
Jonathan Fried, Capital Markets partner at Linklaters, says:

Cleary Gottlieb represented BNP Paribas, J.P. Morgan and Morgan Stanley as initial purchasers in the global bond offering by Nemak, S.A.B de C.V.

The transaction consisted of an offering of $500 million 4.750 percent senior notes due 2025 pursuant to Rule 144A and Regulation S. The offering was the first high-yield debt issuance by a Mexican corporation in 2018.

 The transaction priced on January 11, 2018, and is expected to close on January 23, 2018.

Squire Patton Boggs has acted for leading speciality chemicals company Synthomer plc on the sale of Synthomer Leuna GmbH to Alberdingk Boley GmbH, a manufacturer of environmentally friendly binders based in Krefeld, Germany.

Davis Polk advised Rumo Luxembourg S.à r.l., as issuer, and Rumo S.A., as guarantor, in connection with Rumo Luxembourg’s $500 million offering of 5.875% senior notes due 2025, which were issued pursuant to Rule 144A and Regulation S under the Securities Act.

Based in Brazil, Rumo is the largest intermodal logistics operator in Latin America, focusing on rail transportation, warehousing, operation of terminals and other logistics services.

Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with a global medium-term note program update and a benchmark takedown, which consisted of $1.25 billion aggregate principal amount of 2.514% senior notes due 2020 and $750 million aggregate principal amount of senior floating-rate notes due 2020, each guaranteed by SMBC’s New York branch.

SMBC is one of world’s largest commercial banks by assets.

Davis Polk advised Sumitomo Mitsui Financial Group, Inc. on its SEC-registered takedown offering of senior TLAC notes, which consisted of $1.5 billion aggregate principal amount of 3.102% senior notes due 2023, $750 million aggregate principal amount of 3.544% senior notes due 2028 and $500 million aggregate principal amount of floating-rate senior notes due 2023. The notes are structured to count as total loss-absorbing capacity (“TLAC”) when TLAC regulations are implemented in Japan.

CIMB and China Galaxy have completed the sale by CIMB to China Galaxy of a 50 per cent. interest in CIMB Securities International Pte Ltd (“CSI”), the holding company of CIMB’s ex-Malaysia stockbroking business, which comprises institutional and retail brokerage, equities research and associated securities businesses across Indonesia, Singapore, Thailand, Hong Kong, South Korea, India, the United Kingdom and the United States of America. CSI will be rebranded as CGS-CIMB Securities once relevant regulatory approvals are obtained.

Allen & Overy LLP advises the shareholders of Swyx Solutions AG on all legal aspects of the sale of Swyx Solutions AG to Waterland Private Equity. Consummation of the transaction is subject to merger control clearance. The parties agreed to keep the purchase price confidential.

Gide, alongside law firm Jean-Claude Coulon & Associés, advised Groupement Les Mousquetaires on the purchase of Bricorama's French and Spanish activities, as well as its Asian sourcing office. The transaction was completed on 4 January following the satisfaction of all conditions precedent.

International legal practice Osborne Clarke has appointed Tamara Quinn, a non-contentious intellectual property (IP) and data protection Partner, to its London commercial team.

Dual-qualified as a solicitor and a barrister, Tamara has more than 20 years’ experience in IP and, in the last four years, has also became a data protection specialist. Prior to joining Osborne Clarke, Tamara headed up Berwin Leighton Paisner’s IP practice.