International law firm Freshfields Bruckhaus Deringer has advised Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board, two of Canada’s largest pension funds, on their agreement with Banco Santander, S.A. to acquire jointly an international portfolio of renewable energy and water infrastructure assets. More >>
Tags: Freshfields LLP | LondonMongolian Mining Corporation Rights Offering
Davis Polk advised Mongolian Mining Corporation on its $201 million global rights offering. The global rights offering consisted of a public offering of H shares (shares listed on the Hong Kong Stock Exchange) in Hong Kong and private placements of H shares to institutional investors outside of Hong Kong, including within the United States to a limited number of qualified institutional investors in reliance on Section 4(a)(2) of the U.S. Securities Act. J.P. Morgan Securities (Asia Pacific) Limited and BNP Paribas Securities (Asia) Limited were the joint underwriters, and Somerley Capital Limited was the independent financial adviser of the H share rights offering. More >>
Tags: Hong Kong | LondonHerbert Smith Freehills advises Moorfield on sale of diversified investment portfolio to Lone Star
Herbert Smith Freehills has advised Moorfield Real Estate Fund (MREF) and Moorfield Real Estate Fund II (MREFII) on its sale of a diversified real estate investment portfolio to Lone Star Real Estate Fund III (LSREFIII) for c.£1 billion.
According to Marc Gilbard, Chief Executive Officer of Moorfield Group (Moorfield), this is the largest transaction that Moorfield has undertaken in its corporate history and is a very effective way for MREF and MREFII to realise the majority of their investments. More >>
Tags: Herbert Smith Freehills Kramer LLP | LondonFreshfields advises MTN Group on US$750,000,000 bond issuance
International law firm Freshfields Bruckhaus Deringer has advised leading emerging market mobile operator, MTN Group, on its US$750,000,000 4.755% guaranteed bond issuance, its first issuance into the international capital markets. The net proceeds of the bond issue will be used by MTN Group for general corporate purposes. The bond matures in 2024. More >>
Tags: Freshfields LLP | LondonDechert Advises Creditors’ Committee of JSC Alliance Bank on US$1.3 Billion Restructuring of Financial Indebtedness
A combined team from Dechert’s London and Almaty offices has advised the Steering Committee of international creditors of JSC Alliance Bank, a Kazakhstan based bank, in connection with the restructuring of US$1.3 billion of its financial indebtedness. More >>
Tags: Dechert LLP | LondonLinklaters advises as AVR-Afvalverwerking B.V. establishes €400,000,000 Structured Secured Corporate Debt Issuance Platform
Linklaters has advised the leading banks as Dutch energy-from-waste and water treatment facility operator AVR-Afvalverwerking B.V. establishes a structured secured debt issuance platform pursuant to which AVR has raised €130,000,000 of senior term and revolving credit facilities from its relationship lenders, US$75,000,000, £16,000,000 and €197,000,000 of US private placement notes and €23,000,000 of institutional term debt by way of a European private placement. The senior debt has been rated BBB+ by Fitch and is supported by a 5-year dedicated liquidity facility. More >>
Tags: Linklaters LLP | LondonMcDermott advises Olam International on its $1.3 billion acquisition of Archer Daniels Midland Company’s global cocoa business
International law firm McDermott Will & Emery represented Olam International Limited in its pending acquisition of Archer Daniels Midland Company’s (ADM) global cocoa business. The US$1.3 billion transaction will establish Olam Cocoa as one of the world’s top three cocoa processors.
Based in Singapore and listed on the SGX-ST, Olam is a leading agri-business operating in 65 countries. Its Cocoa business is one of the world’s largest suppliers of sustainable cocoa and is a leader in long-term sustainability initiatives. More >>
Tags: DLA Piper | LondonImperial Tobacco to Acquire Brands and Assets for $7.1 Billion from Reynolds American as Part of Its $27.4 Billion Acquisition of Lorillard
Davis Polk is advising Credit Suisse Securities (Europe) Limited as sole sponsor and joint financial adviser to Imperial Tobacco Group PLC on its $7.1 billion acquisition of U.S. cigarette brands Winston, Maverick, Kool, Salem and U.S. and international e-cigarette blu, plus other assets, from Reynolds American Inc. as part of its $27.4 billion acquisition of Lorillard Inc. A circular seeking shareholder approval of the transaction was published by Imperial Tobacco on December 15, 2014. The transaction, which is expected to close in the first half of 2015, is subject to shareholder and certain regulatory approvals. More >>
Tags: London | New YorkAkin Gump Advises Banglalink on Inaugural $300 Million Bangladesh Bond
Akin Gump has advised Banglalink Digital Communications Limited, a subsidiary of VimpelCom Ltd., on an innovative $300 million Rule 144A/Regulation S high-yield bond offering “first.” Banglalink issued $300 million Senior Notes due 2019, listed on the Singapore Exchange.
This groundbreaking transaction represents the first international bond offering from Bangladesh—there has never been a Bangladesh sovereign bond or corporate bond issue on the international capital markets before. More >>
Tags: Akin Gump Strauss Hauer & Feld LLP | LondonEversheds advises TRW Automotive on £2.5 billion pension buy-out
Law firm Eversheds award-winning pensions team, has advised TRW Automotive as its Pension Scheme undertook a landmark £2.5 billion partial pension buy-out by Legal & General’s Retirement (LGR) business, in what constitutes the largest pension buy-out in the UK to date.
TRW Automotive ranks among the world’s leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 24 countries and employs approximately 65,000 people worldwide. More >>
Tags: Eversheds Sutherland | London






