DealFolio Digest 1 - 15 June 2015

DealFolio Digest June 1 – 15 2015

www.legaldealfolio.com

1

Organised Insight into Lawyers’ Client Work

•  DealFolio Digest for the first half of June 2015, with information on law firm client work in the following practice areas:

–  Corporate and M&A –  Debt Capital Markets –  Equity Capital Markets –  Infrastructure and Project Finance, –  International Finance and Bank Credit –  Real Estate and –  Restructuring.

•  Highlights include Slaughter and May advising on the Aviva Dated Tier 2 Fixed to Floating Notes issuance, Davis Polk advising on the Republic of Sri Lanka Bonds due 2025 and White & Case advising on Capital Stage AG’s - UK Solar Parks Refinancing Project Bond.

•  Please refer to the index on slide 106 for deals classified by industry.

•  Full information available at www.legaldealfolio.com.

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•  Infrastructure and Project Finance –  Project Bonds………………………………….84 –  Project Finance………………………………..85

•  International Finance and Bank Credit –  Acquisition Finance…………………….…….88 –  Asset Finance and Leasing…………….…….92 –  Real Estate Financing…………………..…….93 –  Syndicated and Bilateral Loans……….…….95

•  Real Estate –  Real Estate Acquisitions and Disposals…..105

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•  Corporate and M&A –  Financial Buyer Acquisitions…………………5 –  Group Restructurings………………………...12 –  Joint Ventures………..………………………..14 –  Mergers………………………………………..16 –  Strategic Buyer Acquisitions………………...17

•  Debt Capital Markets –  Bond Repurchase and Exchange Schemes....30 –  Corporate Bonds……………………...………32 –  Equity-Linked Securities……………….…….50 –  Islamic Finance……………………….……….54 –  Securitisation and Structured Finance……...56 –  Sovereign and Public Sector Bonds………....57

•  Equity Capital Markets –  Block Placings………..………………….…….59 –  Initial Public Offerings…………………….…61 –  Rights Issues………………………..…………70 –  Secondary Offerings and Placings………..…71

Table of Contents

Corporate and M&A

4


Travers Smith Brookfield Property Partners Acquisition of Center Parcs UK

Financial Buyer Buyer Acquisitions – Secondary Buy-Out Travel & Leisure

5


Chris Hale

Travers Smith Montagu Private Equity Sale of The University of Law

Financial Buyer Buyer Acquisitions – Secondary Buy-Out General Retailers

6


Paul Dolman

Ashurst ITOCHU Corporation Investment in Bosideng International

Financial Buyer Buyer Acquisitions – Minority Investment Personal Goods

7


Jonathan Hsui

Simpson Thacher Kohlberg Kravis Roberts Acquisition of Channel Control Merchants

Financial Buyer Buyer Acquisitions – Primary Buy-Out General Retailers

8


Marni J Lerner

Travers Smith Patron Capital Sale of Motor Fuel Group to CDR

Financial Buyer Buyer Acquisitions – Secondary Buy-Out General Retailers

9


Edmund Reed

Ashurst Oakley Capital Private Equity Acquisition of EliteMedianet GmbH

Financial Buyer Buyer Acquisitions – Secondary Buy-Out Travel & Leisure

10


Lars Jessen

Shearman & Sterling International Chemical IG Purchase of INEOS Chlorovinyl Assets

Financial Buyer Buyer Acquisitions – Primary Buy-Out Chemicals

11


Thomas Konig

Freshfields Bruckhaus Deringer Hutchison Whampoa/Cheung Kong Property Reorganisation and Spin-Off

Group Restructurings Real Estate Investment & Services

12


Grace Huang

Ashurst Vedanta Limited and Cairn India Limited Intra-Group Merger

Group Restructurings Mining

13


Tom Mercer

Ashurst Oxford Instruments/GDI - Ultra High Vacuum Surface JV

Joint Ventures Technology Hardware & Equipment

14


Tim Rennie

Simpson Thacher Karl Lagerfeld Group Joint Venture with G-III Apparel Group

Joint Ventures Personal Goods

15


Ryerson Symons

Simpson Thacher JP Morgan - Standard Pacific Merger with The Ryland Group Inc

Mergers Household Goods & Home Construction

16


Robert E Spatt

Fox Williams Pion Limited Sale to SAGE Publications Limited

Strategic Buyer Acquisitions – Private Company Media

17


Peter Faber

DLA Piper Walter Kuna - Sale of Kuna and Co to Evercore

Strategic Buyer Acquisitions – Private Company Financial Services

18


Silke Gantzckow

DLA Piper Sale of Mixamo Inc to Adobe Systems Incorporated

Strategic Buyer Acquisitions – Private Company Software & Computer Services

19


Tom Furlong

Davis Polk Bio-Reference Laboratories Acquisition by OPKO Health

Strategic Buyer Acquisitions – Public Company Recommended Offer Pharmaceuticals & Biotechnology

20


David L Caplan

Macfarlanes Faccenda Investments Sale of Hillesden Securities (dlc)

Strategic Buyer Acquisitions – Private Company Financial Services

21


Emmie Jones

Simpson Thacher Apax Partners Sale of Golden Jaguar International

Strategic Buyer Acquisitions – Private Company Travel & Leisure

22


Shaolin Luo

Davis Polk Government Properties Income Trust Acquisition of REIT Management

Strategic Buyer Acquisitions – Private Company Real Estate Investment Trusts

23


Phillip R Mills

White & Case Banco de Sabadell SA Public Cash Offer for TSB Banking Group plc

Strategic Buyer Acquisitions – Public Company Banks

24


Juan-Manuel de Remedios

Simpson Thacher Panasonic Healthcare Acquisition of Bayer Diabetes Care Business

Strategic Buyer Acquisitions – Private Company Healthcare Equipment & Services

25


David A Sneider

Simpson Thacher Acquisition of HCC Insurance by Tokio Marine Holdings

Strategic Buyer Acquisitions – Private Company Nonlife Insurance

26


Carolina B Gottschalk

Clifford Chance Citi Sale of Consumer Banking Business in Egypt

Strategic Buyer Acquisitions – Private Company Banks

27


Mo Al-Shukairy

White & Case Comverse, Inc Agreement to Acquire Acision

Strategic Buyer Acquisitions – Private Company Software & Computer Services

28


Gavin Weir

Debt Capital Markets

29


Simpson Thacher BRF SA - Cash Tender Offer for Notes due 2017 - 2022

Bond Repurchase and Exchange Schemes – Repurchase Offers Food Producers

30


Grenfel S Calheiros

White & Case CGG Public Exchange Offer for Convertible Bonds due 2019

Bond Repurchase and Exchange Schemes – Exchange Offers Oil Equipment, Services & Distribution

31


Severin Robillard

Davis Polk Fantasia Holdings Group Co High-Yield Notes due 2018

Corporate Bonds – Senior Debt Real Estate Investment & Services

32


William F Barron

Davis Polk Energizer SpinCo Issuance of Notes due 2025

Corporate Bonds – Senior Debt Electronic & Electrical Equipment

33


Michael Kaplan

Davis Polk ArcelorMittal Offering of Notes due 2020, due 2025

Corporate Bonds – Senior Debt Industrial Metals & Mining

34


Andres V Gil

Davis Polk Autodesk Issuance of Senior Notes due 2020, due 2025

Corporate Bonds – Senior Debt Software & Computer Services

35


Alan F Denenberg

Shearman & Sterling Consolidated Communications Offering of Senior Notes due 2022

Corporate Bonds – Senior Debt Fixed Line Telecommunications

36


Jason R Lehner

Davis Polk TTX Company Issuance of Series A Medium-Term Notes

Corporate Bonds – Senior Debt Industrial Transportation

37


Bruce K Dallas

Simpson Thacher NXP Funding Offering of Senior Notes due 2020, due 2022

Corporate Bonds – Senior Debt Technology Hardware & Equipment

38


Nicholas J Shaw

Slaughter and May Aviva Dated Tier 2 Fixed to Floating Rate Notes

Corporate Bonds – Subordinated Debt Nonlife Insurance

39


Miranda Leung

Davis Polk Mohawk Industries Issue of Senior Notes due 2022 Corporate Bonds – Senior Debt Construction & Materials

40


Richard A Drucker

Davis Polk XPO Logistics, Inc Offering of Senior Notes due 2022 Corporate Bonds – Senior Debt Support Services

41


Michael Kaplan

Shearman & Sterling Lenovo Group Limited - Issuance of Senior Notes due 2020 Corporate Bonds – Senior Debt Technology Hardware & Equipment

42


Kyungwon Lee

Shearman & Sterling Reliance Industries - Formosa Senior Notes due 2035 Corporate Bonds – Senior Debt General Industrials

43


Kyungwon Lee

Davis Polk DuPont Fabros Technology Offering of Senior Notes due 2023 Corporate Bonds – Senior Debt Support Services

44


John G Crowley

Simpson Thacher Apple Inc Issuance of Yen Denominated Notes due 2020 Corporate Bonds – Senior Debt Technology Hardware & Equipment

45


Kevin P Kennedy

Davis Polk Meritor Inc Registered Public Offering of Senior Notes due 2024 Corporate Bonds – Senior Debt General Industrials

46


Joseph A Hall

Davis Polk WW Grainger Offering of Senior Notes due 2045 Corporate Bonds – Senior Debt Support Services

47


Richard D Truesdell Jr

Simpson Thacher Diana Shipping Inc Offering of Senior Notes due 2020 Corporate Bonds – Senior Debt Industrial Transportation

48


Lesley C Peng

Simpson Thacher Scripps Networks Interactive Notes due 2020, due 2022, due 2025 Corporate Bonds – Senior Debt Media

49


Andrew R Keller

Davis Polk FireEye, Inc Issuance of Convertible Senior Notes due 2035 Equity-Linked Securities – Convertible Bonds Software & Computer Services

50


Bruce K Dallas

Davis Polk Atlas Air Worldwide Holdings Convertible Senior Notes due 2022 Equity-Linked Securities – Convertible Bonds Travel & Leisure

51


John B Meade

Shearman & Sterling Silver Lake Investment in Qunar Senior Unsecured Convertible Notes Equity-Linked Securities – Convertible Bonds Travel & Leisure

52


Paul Strecker

Freshfields Bruckhaus Deringer British Land Zero Coupon Convertible Bonds due 2020 Equity-Linked Securities – Convertible Bonds Real Estate Investment & Services

53


Julian Long

Clifford Chance Garuda Indonesia - Airline Capacity Structure Sukuk Issuance Islamic Finance – Sukuk, Wakala Travel & Leisure

54


Stuart Ure

White & Case Republic of Indonesia Ten-Year Sukuk Al-Wakala Islamic Finance, Sovereign Bonds Public Sector

55


Shibeer Ahmed

Simpson Thacher GTP Acquisition Partners Series 2015-1 Secured Revenue Notes Securitisation and Structured Finance – Corporate Securitisation Fixed Line Telecommunications

56


Laura Palma

Davis Polk Government of the Democratic Socialist Republic of Sri Lanka Bonds due 2025 Sovereign and Public Sector Bonds – Sovereign Bonds Public Sector

57


William F Barron

Equity Capital Markets

58


Simpson Thacher Pets at Home Group Plc Secondary Offering of Ordinary Shares

Block Placings General Retailers

59


Adam Signy

Simpson Thacher First Reserve Corporation Offering of Glencore Shares

Block Placings Mining

60


Adam Signy

Fladgate Opera Investments plc LSE Admission to Trading

Initial Public Offerings – LSE: Main Exchange Financial Services

61


Paul Airley

Clifford Chance HTSC Hong Kong Stock Exchange Initial Public Offering

Initial Public Offerings – Hong Kong Stock Exchange Financial Services

62


Amy Lo

Simpson Thacher FPC Par Corretora de Seguros - Sao Paulo SE IPO

Initial Public Offerings – Sao Paulo Stock Exchange Nonlife Insurance

63


Grenfel S Calheiros

Simpson Thacher DAVIDsTEA Inc NASDAQ Initial Public Offering

Initial Public Offerings – NASDAQ Beverages

64


D Rhett Brandon

Davis Polk EndoChoice Holdings New York Stock Exchange IPO

Initial Public Offerings – NYSE Healthcare Equipment & Services

65


Sophia Hudson

Davis Polk Evolent Health New York Stock Exchange IPO

Initial Public Offerings – NYSE Healthcare Equipment & Services

66


Sophia Hudson

Simpson Thacher Grupo Gicsa Mexican Stock Exchange Initial Public Offering

Initial Public Offerings – Mexican Stock Exchange Real Estate Investment & Services

67


Juan F Mendez

Davis Polk 3SBio Inc Hong Kong Stock Exchange Initial Public Offering

Initial Public Offerings – Hong Kong Stock Exchange Pharmaceuticals & Biotechnology

68


Bonnie Y Chan

Fieldfisher Cantor Fitzgerald Europe - Gateley Holdings AIM IPO

Initial Public Offerings – LSE: Main Exchange Support Services

69


Neil Matthews

White & Case Goldman Sachs - Banco de Sabadell Rights Issue

Rights Issues Banks

70


Juan-Manuel de Remedios

Simpson Thacher Star Bulk Carriers Corp Common Shares Direct Offering

Secondary Offerings and Placings – NYSE Industrial Transportation

71


Lesley C Peng

White & Case Charterhouse and Chequers Capital Sale of Elior Shares

Secondary Offerings and Placings Food Producers

72


Severin Robillard

Simpson Thacher Hilton Worldwide Holdings Offering of Common Stock

Secondary Offerings and Placings - NYSE Travel & Leisure

73


Joshua Ford Bonnie

DLA Piper WP Carey Inc: At-the-Market Stock Offering Programme

Secondary Offerings and Placings - NYSE Real Estate Investment Trusts

74


Christopher P Giordano

Simpson Thacher Blackstone Mortgage Trust Public Offering of Common Stock

Secondary Offerings and Placings - NYSE Financial Services

75


Andrew W Keller

Shearman & Sterling Catalent Inc Secondary Public Offering of Shares

Secondary Offerings and Placings - NYSE Healthcare Equipment & Services

76


Michael W Benjamin

Davis Polk Nevro Corp Follow-On Offering of Common Stock

Secondary Offerings and Placings - NYSE Healthcare Equipment & Services

77


Alan F Denenberg

Slaughter and May Santander UK Group - Issuance of Tier 1 Capital Securities

Secondary Offerings and Placings – LSE: Main Exchange Banks

78


Miranda Leung

Simpson Thacher Pets at Home Group Plc Secondary Offering of Ordinary Shares

Secondary Offerings and Placings – LSE: Main Exchange General Retailers

79


Adam Signy

Davis Polk Anadarko Petroleum Corporation Offering of Tangible Equity Units

Secondary Offerings and Placings – NYSE Oil & Gas Producers

80


Mark M Mendez

Davis Polk Markit Ltd Secondary Offering of Common Shares

Secondary Offerings and Placings – LSE: Main Exchange Financial Services

81


Richard D Truesdell Jr

White & Case Mansa Investments Sale of Shares in Polenergia

Secondary Offerings and Placings – NYSE Electricity

82


Marcin Studniarek

Infrastructure and Project Finance

83


White & Case Capital Stage AG - UK Solar Parks Refinancing Project Bond

Project Bonds - Solar Alternative Energy

84


Florian Degenhardt

Ashurst EIB Financing for the Nordergrunde Wind Farm, German North Sea

Project Finance – Renewable Energy – Wind Farms Alternative Energy

85


Tom Beckerhoff

DLA Piper Nord LB Financing for Municipality of Melfi Wind Farm

Project Finance – Renewable Energy – Wind Farms Alternative Energy

86


Wolfram Distler

International Finance and Bank Credit

87


Davis Polk Apollo Global Management Acquisition of OM Group

Acquisition Finance – Private Company Acquisition General Industrials

88


Jason Kyrwood

Slaughter and May Ultra Electronics Acquisition of Kratos Defence Division

Acquisition Finance – Private Company Acquisition Aerospace & Defence

89


Matthew Tobin

Davis Polk Finance for Leonard Green/TPG Acquisition of Life Time Fitness

Acquisition Finance – Private Company Acquisition Travel & Leisure

90


Meyer C Dworkin

Ashurst Acquisition of Weener Plastic Packaging Group by 3i

Acquisition Finance – Private Company Acquisition Chemicals

91


Anne Grewlich

Milbank LATAM Airlines Group - Enhanced Equipment Trust Certificates (Initial Purchasers)

Asset Finance & Leasing – Aircraft EETC Travel & Leisure

92


Elihu F Robertson

Norton Rose Fulbright Refinancing of Echo Shopping Centre, Kielce Debt

Real Estate Finance – Shopping Centres and Retail Real Estate Investment & Services

93


Grzegorz Dyczkowski

Freshfields Bruckhaus Deringer Goldman Sachs Funding for Dynamic Credit Partners Mortgage Business

Real Estate Finance – Residential Portfolio Financial Services

94


Mandeep Lotay

Davis Polk Black Knight InfoServ Term and Revolving Credit Facilities

Syndicated and Bilateral Loans – Syndicated Loans Support Services

95


Jinsoo H Kim

Slaughter and May McKay Security plc Refinancing Term Loan Facilities


96


Robert Byk

Clifford Chance Glencore - Refinancing of Existing Revolving Credit Facilities

Syndicated and Bilateral Loans – Syndicated Loans Mining

97


Russell Wells

Ashurst China Development Bank Corporation Loan to Transnet SOC

Syndicated and Bilateral Loans – Syndicated Loans Industrial Transportation

98


Chin Chuan Chen

Shearman & Sterling Fibra Prologis - Senior Unsecured Revolving Credit Facility

Syndicated and Bilateral Loans – Syndicated Loans Real Estate Investment Trusts

99


Malcolm Montgomery

Davis Polk Technicolor - Repricing of Tech Finance Term Facility

Syndicated and Bilateral Loans – Syndicated Loans Media

100


Jeffrey R O’Brien

Simpson Thacher JP Morgan - KLX INC Asset-Based Credit Facility


101


Patrick J Ryan

Macfarlanes Alcuin Capital Refinancing of Krispy Kreme Doughnuts Debt

Syndicated and Bilateral Loans – Syndicated Loans Travel & Leisure

102


Bronwen Jones

Slaughter and May INEOS Finance/INEOS US Finance - Extension of Credit Agreement Maturity

Syndicated and Bilateral Loans – Syndicated Loans Chemicals

103


Caroline Phillips

Real Estate

104


Macfarlanes Stanhope Acquisition of BBC Media Village Site, London

Real Estate Acquisitions and Disposals Real Estate Investment & Services

105


Ian Nisse

•  Aerospace & Defence………………….…………….89 •  Alternative Energy ………………………….84, 85, 86 •  Banks…………………………………...…24, 27, 70, 78 •  Beverages……………………………………………..64 •  Chemicals……………………………………11, 91, 103 •  Construction & Materials…………………...………40 •  Electricity……………………………………………..82 •  Electronic & Electrical Equipment…………………33 •  Financial Services……………18, 21, 61, 62, 75, 81, 94 •  Fixed Line Telecommunications………………..36, 56 •  Food Producers………………………..…………30, 72 •  General Industrials………………..…………43, 46, 88 •  General Retailers…………………...……6, 8, 9, 59, 79 •  Healthcare Equipment & Services…25, 65, 66, 76, 77 •  Household Goods & Home Construction……..….16 •  Industrial Metals and Mining………………………34 •  Industrial Transportation…………….…37, 48, 71, 98

106

•  Media………………………………...………17, 49, 100 •  Mining ………………………..………………13, 60, 97 •  Nonlife Insurance……………………………26, 39, 63 •  Oil & Gas Producers……....................................…...80 •  Personal Goods……………………………………7, 15 •  Pharmaceuticals and Biotechnology………..….20, 68 •  Public Sector…………………………………...…55, 57 •  Real Estate Invest./Services…...12, 32, 53, 67, 93, 105 •  Real Estate Investment Trusts………………23, 74, 99 •  Software & Computer Services……...…19, 28, 35, 50 •  Support Services……...……41, 44, 47, 69, 95, 96, 101 •  Technology Hardware & Equipment.…14, 38, 42, 45 •  Travel & Leisure …5, 10, 22, 51, 52, 54, 73, 90, 92, 102

Index by Industry