Tenaga Nasional Berhad acquires 30% stake in GMR Energy for US$ 300 million

Slaughter and May, Hong Kong, advised Tenaga Nasional Berhad in relation to the subscription, through its wholly owned subsidiary Power and Energy International (Mauritius) Ltd. (PEIM), for equity shares in GMR Energy Limited and its proposed strategic partnership with GMR Energy in the power production business in India. The subscription will give PEIM a 30% […]

Twenty-First Century Fox’s £12.2 Billion Bridge Loan Facility to Finance Its Acquisition of Sky

Simpson Thacher is representing Twenty-First Century Fox, Inc. in connection with £12.2 billion in committed bridge facilities to finance its acquisition of Sky plc, the U.K.-based media company. Goldman Sachs Bank USA, Goldman Sachs Lending Partners LLC, Deutsche Bank AG Cayman Islands Branch and JPMorgan Chase Bank, N.A., London Branch have committed to provide the […]

Hitachi’s $US240 million acquisition of H-E Parts

Japanese heavy machinery manufacturer Hitachi Construction Machinery Co Ltd has acquired H-E Parts International LLC and H-E Parts Australian Holdings LLC (collectively H-E Parts). H-E Parts provides solution services to the mining, quarrying, heavy construction, and materials processing. It develops, manufactures, sells and repairs aftermarket parts for, among others, mining and construction machines in Australia, […]

Golden Meditech’s $830 Million Sale of Stake in China Cord Blood

Shearman & Sterling is advising Hong Kong-listed Golden Meditech, a leading integrated healthcare company engaged in the development, manufacture, sales and distribution of blood-related medical devices and hospital management in China, on the sale of its stake in China Cord Blood for US$830 million. The transaction is expected to complete by the first quarter of […]

Ping An Real Estate’s acquisition of 50% interest in a joint venture with Mitsubishi Estate and Lendlease

Ping An Real Estate, the primary real estate investment platform of Ping An Insurance Company of China Ltd, has acquired a 50% interest in a joint venture with Mitsubishi Estate and Lendlease and, subject to planning approval, the Joint Venture will look to develop one of the tallest office buildings in Sydney at Circular Quay. […]

Shinhan Bank’s $500 Million Tier II Subordinated Notes Offering

Simpson Thacher acted as sole international counsel, represented BNP Paribas, Commerzbank Aktiengesellschaft, The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch International, Standard Chartered Bank, Shinhan Asia Limited and Shinhan Investment Corp., as joint lead managers in connection with the offering of US$500 million 3.875% Tier II Subordinated Notes due 2026 by Shinhan Bank under […]

Clare Solar Farm project secures Financing

Gilbert + Tobin advised National Australia Bank Limited (NAB) and Sumitomo Mitsui Banking Corporation (SMBC) as financiers to Fotowatio Renewable Ventures (FRV), funding the multimillion-dollar construction of the Clare Solar Farm project. The Clare Solar Farm project is FRV’s largest project to date and is the first utility-scale solar generation facility in Australia to secure […]

Baozun Inc.’s $73.5 Million Follow-On Offering

Simpson Thacher represented the underwriters, Credit Suisse, Deutsche Bank Securities and China Renaissance, in connection with the follow-on offering of American depositary shares (ADSs) of Baozun Inc. (“Baozun”). The offering of 6,000,000 ADSs, representing 18,000,000 Class A ordinary shares, by Baozun and certain of its shareholders, Crescent Castle Holdings Ltd, Infinity I-China Investments (Israel) L.P. […]

China Cinda’s placement of New H Shares to COSCO SHIPPING Financial Holdings Co., Limited

Davis Polk is advising China Cinda Asset Management Co., Ltd. in connection with its placing of new H shares to COSCO SHIPPING Financial Holdings Co., Limited. Pursuant to the terms of the subscription agreement, China Cinda has conditionally agreed to issue new H shares to COSCO SHIPPING Financial Holdings Co., Limited for an aggregate consideration […]

Zhou Hei Ya International Holdings’ $321.8 Million Hong Kong Initial Public Offering

Simpson Thacher represented Zhou Hei Ya International Holdings Company Limited (“Zhou Hei Ya”) in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 424,470,000 shares (prior to any exercise of the overallotment option), which raised approximately HK$2,495.9 million (US$321.8 million) in gross proceeds. The ordinary shares […]

The Export-Import Bank of Korea’s $200 Million Notes Offering

Davis Polk advised the underwriter in connection with an SEC-registered Schedule B debt offering by KEXIM of $200 million aggregate principal amount of its floating-rate notes due 2018. Goldman Sachs International acted as Sole Bookrunner and Lead Manager. KEXIM is an official export credit agency providing comprehensive export credit and guarantee programs to support Korean […]