Shearman & Sterling Advises Interproperties on Financing Transaction

Shearman & Sterling represented Patrimonio en Fedeicomiso D.S. 093-2002-EF (Interproperties Holding) and Patrimonio en Fedeicomiso D.S. 093-2002-EF (Interproperties Peru) in connection with (1) an international loan in the amount of US$185,000,000 by Deutsche Bank AG, London Branch, as lender, to Interproperties Holding, as borrower (the International Loan), and secured by certain trust assets of Interproperties Holding and Interproperties Peru; (2) the sale by Deutsche Bank AG, London Branch, of a 100% participation in the International Loan to Interproperties Finance Trust, a Cayman Islands common law trust; and (3) the issuance of US$185,000,000 aggregate principal amount of 8.75% Senior Secured Notes due 2023 of Interproperties Finance Trust. IM Trust International S.A. acted as international placement agent for the placement of the notes and Inteligo Sociedad Agente de Bolsa acted as Peruvian placement agent.

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Baker Donelson Continues Growth with Entry into Florida

In its second major expansion in less than a month, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC has merged with the Orlando law firm of Litchford & Christopher Professional Association. The merger gives Baker Donelson its first Florida location and, with the Firm’s move into Texas in October, marks the second new market the Firm has added to its footprint in the last month.

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Mallesons Launch ANZ Global Bonds

Mallesons has acted as Australian legal counsel to Australia and New Zealand Banking Group Limited (ANZ) and ANZ Capel Court Limited in the successful establishment of ANZ’s US$20,000,000,000 Global Covered Bond Programme and the inaugural forthcoming issue by ANZ of $US1.25 billion in covered bonds under the programme, which is the first ever issue of covered bonds to be priced and sold by an Australian bank.

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Tags:  King & Wood Mallesons