JBIC’s acting on co-acquisition of German high-tech metals specialist H.C. Starck

Clifford Chance has advised Japan Bank for International Cooperation (JBIC) on the subscription of non-voting class shares in JX Metals Deutschland GmbH (JXMD), a wholly owned company of JX Nippon Mining & Metals Corporation, with amounting up to EUR 85.6 million. JXMD was established with the purpose of acquiring all shares in H.C. Starck Tantalum […]

We Doctor Holdings Limited’s $500 Million Issuance of Shares

Davis Polk is advising We Doctor Holdings Limited in connection with its $500 million issuance of shares to investors led by AIA Company Limited and New World Development Company Limited. We Doctor is China’s leading technology-enabled health care solutions platform, providing seamless online and offline health care services as well as integration of general practitioner […]

Wafra Inc.’s launch of Global Container International Holdings

Shearman & Sterling advised Wafra Inc. in connection with its launch of Global Container International Holdings LLC (“Global”), a new global marine intermodal container leasing platform, with industry veterans Jeffrey Gannon and Adrian Dunner. Wafra’s partnership with the Global team represents an extension of its ongoing investment efforts in shipping and transportation, as well as […]

Sumitomo Mitsui Banking Corporation’s $750 Million Reopening of Senior Floating Rate Notes due 2020

Simpson Thacher recently represented SMBC Nikko Securities America, Inc., as sole bookrunner, in connection with Sumitomo Mitsui Banking Corporation’s (“SMBC”) reopening of its senior floating rate notes due 2020 originally issued in January 2018 under SMBC’s US$50 billion Global Medium Term Notes Program. The offering of $750 million of senior floating rate notes were guaranteed […]

Cedar Holdings Group Ltd.’s acquisition of Granite Capital S.A.

Freshfields Bruckhaus Deringer has advised Cedar Holdings Group Ltd. on its proposed acquisition of Integra Holdings Group’s petrochemicals trading business. Binding sale documentation, which paves the way for the acquisition of 51 per cent of the shares in the target holding entity of the business, Granite Capital S.A., was executed on 17 April 2018. Granite […]

Datang Power’s completing ts non-public issuance of A-Shares and H-Shares

Eversheds Sutherland has advised Datang International Power Generation Co., Ltd (Datang Power) on its non-public issuance of A-Shares to its controlling shareholder, China Datang Corporation Limited (CDC), and its non-public issuance of H-Shares to a wholly-owned subsidiary of CDC, for an aggregate consideration of approximately RMB13 billion (approximately US$2.1 billion). This is the first completed […]

GDS Holdings Limited’s $328.9 Million Follow-On Offering

Simpson Thacher represented GDS Holdings Limited (“GDS”) in connection with its follow-on offering of 12,650,000 American Depositary Shares (ADSs), comprising 8,225,000 ADSs offered and sold by GDS and 4,425,000 ADSs offered and sold by certain selling shareholder entities affiliated with SBCVC Holdings Limited (“SBCVC”), representing an aggregate of 101,200,000 Class A ordinary shares. The offering […]

Hanwha Life Insurance’s $1 Billion Subordinated Capital Securities Offering

Simpson Thacher represented J.P. Morgan Securities plc, as sole global coordinator, joint bookrunner and joint lead manager, Merrill Lynch International, LLC Seoul Branch, Nomura International (Hong Kong) Limited, UBS AG Hong Kong Branch, as joint bookrunners and joint lead managers and Hanwha Investment & Securities Co., Ltd., as joint lead manager, in connection with the […]

Welbilt, Inc.’s $224m acquisition of Crem International, a global provider of professional coffee machines

Eversheds Sutherland has advised Welbilt, Inc. (NYSE:WBT), a leading global provider of commercial food service, on its $224m acquisition of Crem International, a global provider of professional coffee machines. The takeover, which is expected to complete in the second quarter of 2018, will give Welbilt the most extensive portfolio of hot and cold beverage equipment […]

Heartland Dental, LLC’s $310 Million Senior Notes Offering

Shearman & Sterling advised Jefferies LLC, KKR Capital Markets LLC, TD Securities (USA) LLC, BMO Capital Markets Corp. and Macquarie Capital (USA) Inc., as joint book-running managers, in connection with the inaugural Rule 144A/Regulation S offering by Hadrian Merger Sub Inc., which ultimately merged with and into Heartland Dental, LLC (the “Company”), and Heartland Dental […]

Zhongsheng Group Holdings Limited’s HK$2.35 Billion Convertible Bonds Repurchase and HK$3.925 Billion Convertible Bonds Offering

Davis Polk is advising Zhongsheng Group Holdings Limited in connection with its repurchase of HK$2.35 billion zero coupon convertible bonds due 2018 and the issuance of HK$3.925 billion zero coupon convertible bonds due 2023. The convertible bonds will be listed on The Stock Exchange of Hong Kong Limited. The completion of the transactions is subject […]

Athenex’s $65.6 Million Follow-On Offering

Simpson Thacher represented Athenex Inc. (“Athenex”) in connection with its follow-on offering of 4,300,000 shares of common stock. The offering raised US$65.6 million of gross proceeds before exercise of the greenshoe. Deutsche Bank and RBC Capital Markets acted as joint bookrunning managers of the offering and as representatives for the underwriters of the offering. Athenex […]