JSC National Company KazMunayGas’s $3.25 billion Eurobonds Offering

Dechert advised on the transaction Dechert advised JSC National Company KazMunayGas (“KMG”), the Kazakhstan state-owned oil and gas company, on its issuance of an aggregate of US$3.25 billion Eurobonds under its US$10.5 billion Global Medium Term Notes Programme established by KMG and its finance subsidiary KazMunaiGaz Finance Sub B.V (“KMG Finance”). The Eurobonds, which are […]

Cromwell Property Group’s signing a strategic partnership with Linkcity

Clifford Chance has advised Cromwell Property Group, a real estate investor and manager, on its strategic partnership with Linkcity, a member of Bouygues Construction, a global construction company, to invest in the rollout of a portfolio of logistics and light industrial assets in Central and Eastern Europe. The portfolio is targeting an eventual gross asset […]

Aldar Properties’s AED 3.7 billion acquisition of real estate assets from TDIC

Clifford Chance is advising Aldar Properties PJSC (Aldar Properties), a leading listed property development, investment and management company based in Abu Dhabi, on its acquisition of a portfolio of real estate assets from Tourism Development and Investment Company PJSC (TDIC) worth AED 3.7 billion. The assets comprise strategic land plots and projects under development, along […]

Financing of $6 Billion McDermott-CB&I Combination

Bracewell represented Crédit Agricole Corporate & Investment Bank (Crédit Agricole) as lead arranger in connection with the financing of McDermott International, Inc.’s (McDermott) all-stock combination with Chicago Bridge & Iron Company N.V. (CB&I). The transaction, which was announced on December 18, 2017, closed on May 10, 2018, with an enterprise value of approximately $6 billion. […]

Abu Dhabi National Energy Co’s $1.75bn dual-tranche notes offering

Abu Dhabi National Energy Co (TAQA) has issued $1.75billion in bonds, split into a £750million seven year tranche and a $1billion 12 year tranche. Linklaters advised joint lead managers Citigroup, First Abu Dhabi Bank, HSBC, ING, Mizuho, Scotiabank and SMBC Nikko. The Linklaters team was led by Capital Markets partners Jonathan Fried (picture) and Cecil […]

NADEC’s acquisition of Al Safi Danone Company (ASD)

Abuhimed AlSheikh AlHagbani (AS&H) in co-operation with Clifford Chance advised NADEC on the acquisition of Al Safi Danone Company (ASD). This transaction will reinforce NADEC’s position as a leading regional dairy and beverage player. Pursuant to the terms of the Agreement, NADEC has agreed to acquire (i) thirty-four million nine hundred and fifty-four thousand seven […]

$3 Billion Project Framework Agreement for Greenfield Refinery Project in Uganda

Shearman & Sterling was appointed by managing investor Yaatra Ventures to represent the Albertine Graben Refinery Consortium (AGRC) in connection with the signing of an exclusive Project Framework Agreement for the development, financing, construction, operation and maintenance of a greenfield refinery project in Hoima District, Uganda (the Refinery Project). AGRC is an American-led private sector […]

Entek Elektrik Üretimi A.Ş.’s acquisition of Menzelet and Kılavuzlu hydroelectric power plants in Turkey

Clifford Chance and Yegin Ciftci advised the lenders on a landmark project: the privatisation of Menzelet and Kılavuzlu hydroelectric power plants which is the largest acquisition to date of hydroelectric power plants by a domestic investor in Turkey. This privatisation is an important step towards the future goal of all electricity being generated by private […]