Hogan Lovells has closed two transactions for Macquarie Capital Securities Limited (“Macquarie”) for a combined value of over US$90 million in the past two weeks.

More >>

Simpson Thacher represented Australia and New Zealand Banking Group Limited, BNP Paribas Securities Corp., Deutsche Bank AG, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities plc, Merrill Lynch International and Mizuho Securities USA Inc. as joint bookrunners and Shinhan Asia Limited and Shinhan Investment Corp. as joint lead managers, in connection with the offering of US$350 million 1.875% Notes due July 30, 2018 by Shinhan Bank under its $6,000,000,000 global medium term note program in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, as amended.

More >>

Simpson Thacher recently represented STX Offshore & Shipbuilding Co., Ltd., one of the world’s largest shipbuilding companies based in Korea, and its Norwegian subsidiary STX Europe AS in the sale of a controlling stake held by STX Europe AS in STX OSV Holdings Limited, a publicly listed company on the Singapore Exchange and a leading global shipbuilder of offshore specialized vessels used in offshore oil and gas exploration and production, to Fincantieri Oil & Gas S.p.A., a subsidiary of Fincantieri-Cantieri Navali Italiani S.p.A., a state-controlled shipbuilding company based in Italy specializing in the construction of merchant, passenger, offshore and military vessels, for a consideration of approximately S$730 million (or approximately US$600 million).

More >>

Kirkland & Ellis represents Belmont Hong Kong Ltd., a wholly owned subsidiary of Beijing Wangfujing International Commercial Development Co., Ltd., in its US$654 million (HK$5,099 million) proposed acquisition of a 39.53 percent interest in, and possible conditional mandatory cash offer for all the remaining issued shares of, PCD Stores (Group) Limited (331: Hong Kong). The transaction was publicly announced on January 31, 2013.

More >>

Global law firm Eversheds has advised New World China Land (NWCL) on a new dim sum bond issue today, raising a total of CNY 3 billion (£307 million). This is NWCL’s second dim sum bond offering after their previous successful record-making CNY 4.3 billion offering last year, which still remains the largest corporate dim sum bond issuance in history, which Eversheds also advised NWCL on.

More >>

Leading international law firm Clifford Chance has advised Asia Outsourcing Gamma Limited, a company controlled by CVC Capital Partners, on its purchase of Philippine Long Distance Telephone Company’s (PLDT) Business Process Outsourcing (BPO) business. The purchase price was in excess of US$300 million and is expected to close in March 2013, subject to government approvals.

More >>

Simpson Thacher represented Barclays Bank PLC, Citigroup Global Markets Limited, Deutsche Bank AG, Singapore Branch and The Royal Bank of Scotland, as initial purchasers, in connection with the offering of US$300 million 1.875% Notes due 2018 by Korea Southern Power Co., Ltd. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended.

More >>

Paul Hastings, a leading global law firm, announced today that it represented Mingfa Group (International) Company Limited (“Mingfa Group”), a leading PRC investment company focusing on property development, in its issuance of senior notes (“Notes”) in the aggregate principal amount of US$100 million, due 2018.

More >>

Appleby acted as Bermuda and British Virgin Islands counsel for COSCO Pacific (2013) Finance Limited and COSCO Pacific Limited in relation to COSCO Pacific Finance’s note issuance in the aggregate principal amount of US$300 million due January 2023, bearing interest at the rate of 4.375% per annum and guaranteed by COSCO Pacific.

More >>

Hogan Lovells advised the members of the ad-hoc committee of bondholders of Sino-Forest Corporation (Sino-Forest) and the newly formed entity Emerald Plantation Group Limited (NewCo) on the implementation of a Plan of Compromise and Reorganization (the Plan) which was overwhelmingly approved by the creditors and the Ontario Superior Court of Justice.

More >>