Telefónica’s $500 Million SEC-Registered Debt Offering Reopening

Davis Polk advised Telefónica, S.A. and Telefónica Emisiones, S.A.U. on the SEC-registered $500 million aggregate principal amount off-the-shelf notes offering by Telefónica Emisiones, S.A.U., guaranteed by Telefónica, S.A. The issuance constitutes a reopening of the 30-year notes issued by Telefónica Emisiones, S.A.U., guaranteed by Telefónica, S.A., in an amount of $2 billion, on March 8, […]

The Royal Bank of Scotland Group plc’s $3 Billion Notes Offering

Davis Polk advised The Royal Bank of Scotland Group plc, a public limited company incorporated under the laws of Scotland, in connection with its SEC-registered shelf takedown of $1.5 billion aggregate principal amount of 3.498% fixed-rate/floating-rate senior notes due 2023 and $1.5 billion aggregate principal amount of floating-rate senior notes due 2023. RBSG is the […]

RLH Properties $149.9 Million Acquisition of majority shareholding in Proyecto Mayakoba Hotels

Pérez-Llorca, Creel, García-Cuéllar, Aiza y Enriquez, Linklaters and Ritch, Mueller, Heather y Nicolau have advised on the deal The operation is part of RLH´ strategy of expansion and diversification of hotels portfolio and represents a major step forward in RLH’s strategy, to consolidate as the leading company in top-quality hotels management in Mexico RLH Properties […]

AXA Investment Managers’ $1.1 Billion Acquisition of Gramercy Property Trust’s Real Estate Fund

A Goodwin London and Frankfurt cross-border team advised Gramercy Property Europe plc (the “Fund”), a Europe-focused real estate investment fund sponsored by Gramercy Property Trust (Gramercy), on the sale of 100% of the Fund’s assets to a consortium of clients managed by AXA Investment Managers – Real Assets (the “Buyer”). The deal is worth approximately […]

Techstep ASA’s NOK 100 million private placement of new shares on Oslo Stock Exchange

CLP has assisted Techstep ASA in connection with several acquisitions during the winter, the completion of a NOK 100 million private placement and the subsequent listing on Oslo Stock Exchange of a total of 68,855,731 new shares in Techstep. The Norwegian Financial Supervisory Authority has approved the prospectus of Techstep prepared in connection with the […]