Paul Hastings, a leading global law firm, announced today that it has successfully represented China Everbright International Limited (“China Everbright”), a company whose shares are listed on the Hong Kong Stock Exchange, in relation to its US$200 million term loan facilities provided by Asian Development Bank (“ADB”) to two wholly-owned subsidiaries of China Everbright. The financing is in the form of a direct US$100 million A-loan and a complementary B-loan of up to US$100 million, to be funded by commercial lenders with ADB acting as “lender on record”.

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Leading international law firm Clifford Chance has advised Carrefour on the sale of its 60% stake in Carrefour Indonesia for €525 million to its local partner, CT Corp, which will become Carrefour’s exclusive franchisee in the country. The deal is expected to close in January 2013, subject to the approval of the Indonesian anti-trust authorities.

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International legal practice Norton Rose has advised the global leader in mobile device lifecycle services Brightpoint, Inc. (“BrightPoint”) on the merger with Ingram Micro Inc. (“Ingram Micro”), a Fortune 100 company, and the world’s largest wholesale technology distributor and a global leader in IT supply-chain, mobile device lifecycle services and logistics solutions

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International legal practice Norton Rose has advised the Republic of Indonesia for a second time on another large scale international sukuk issuance. The firm advised the Republic of Indonesia on the establishment of a US$3 billion sukuk issuance program and the initial issuance of US$1 billion of sukuk under the program. The issuance, which closed on November 21, 2012, has a maturity of ten years, with periodic distributions of 3.3 per cent per annum. The issuance was governed by English laws and was offered under Rule 144A and Regulation S of the US Securities Act to a broad range of investors based inside and outside the US.

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International law firm Freshfields Bruckhaus Deringer has advised China Unicom (Hong Kong) Limited (“China Unicom”) on its proposed acquisition of 100% equity interest in Unicom New Horizon Telecommunications Company Limited (“Unicom New Horizon”) from China United Network Communications Group Company Limited through a wholly-owned subsidiary of China Unicom, for a total consideration of approximately RMB12.17 billion (approximately US$1.95 billion).

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International law firm Freshfields Bruckhaus Deringer has assisted Sunshine Oilsands on its secondary listing on the Toronto Stock Exchange (“TSX”).

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Herbert Smith Freehills has recently advised BOCI Asia Limited, Citigroup Global Markets Limited and J.P. Morgan Securities plc as the Joint Lead Managers on the issuance of US$300 million 4.125% guaranteed notes due 2022 by China Taiping Capital Limited, a wholly-owned subsidiary of China Taiping Insurance Holdings Company Limited, an insurance conglomerate incorporated and headquartered in Hong Kong. The transaction closed on 21 November 2012.

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The Firm represented Woori Blackstone Korea Opportunity Private Equity Fund I, a Korean private equity fund operated under joint general partnership between The Blackstone Group and Woori Private Equity, in its minority investment in NS Shopping Co., Ltd., the 5^th largest home shopping company in Korea. The investment was jointly made with Shinhan BNP Paribas Asset Management Co., Ltd.

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Davis Polk advised Deutsche Bank AG, Singapore Branch as the exclusive dealer manager in connection with a cash tender offer by China Oriental Group Company Limited for up to $200 million of its outstanding $300 million 7% senior notes due 2017 and $550 million 8% senior notes due 2015.

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Simpson Thacher recently represented Credit Suisse (Hong Kong) Limited and Morgan Stanley Asia Limited as joint placement agents in connection with the private placement of convertible preference shares by Alibaba Group Holding Limited, which raised approximately $1.8 billion. The placement of convertible preference shares was part of a financing package that is the largest private financing for a private sector Chinese company, and the largest ever non-LBO private financing for a technology company globally.

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