Adani Green Energy Limited’s $500 Million Green Bond Offering

Latham & Watkins represented Adani Green Energy Limited, through subsidiaries and co-issuers Adani Green Energy (UP) Limited, Parampujya Solar Energy Private Limited and Prayatna Developers Private Limited in the US$500 million co-issuance of 6.25% senior secured notes due 2024. The notes of each co-issuer are also guaranteed by each of the other co-issuers. The notes […]

SMC Global Power’s $300 Million Senior Perpetual Securities Offering

Milbank advised Bank of America Merrill Lynch, Credit Suisse and UBS as joint lead managers and underwriters in connection with the additional issuance of US$300 million senior perpetual securities by SMC Global Power Holdings Corporation (“SMC Global Power”). The additional securities are listed on the Singapore Exchange Securities Trading Limited (SGX-ST). SMC Global Power is […]

Intelligent Water Networks’ Corporate Power Purchase Agreement

Allens has advised Intelligent Water Networks on the transaction In a novel move, IWN has coordinated the incorporation of Zero Emissions Water (ZEW) Limited, on behalf of 13 Victorian water corporations, to enter into a PPA to promote renewable energy generation in Victoria and to help those water corporations meet the Victorian State Government’s target […]

PZ Cussons Pty Ltd’s victory in a cartel case brought by the Australian Competition and Consumer Commission

Allens has acted for multinational consumer goods company PZ Cussons Pty Ltd (PZ Cussons) in successfully defending a cartel case brought by the Australian Competition and Consumer Commission (ACCC). On 24 May 2019, the Full Federal Court dismissed an appeal brought by the ACCC, with costs. In 2013, the ACCC first took action against: PZ […]

Sydney Airport’s A$1.4 Billion Market-Leading Sustainability Linked Loan

Allens has advised on the refinancing of Sydney Airport Finance Company Pty Limited’s (Sydney Airport) (ASX: SYD) syndicated bank debt facilities, the first syndicated and largest sustainability linked loan ever in the Australian market. The A$1.4 billion loan is sustainability linked, incentivising Environment, Social and Governance (ESG) outcomes by Sydney Airport group members by reference […]

Qudian’s $345 Million Convertible Senior Notes Offering

Simpson Thacher represented Qudian Inc. (“Qudian”) in connection with its offering of US$345 million 1% Convertible Senior Notes due 2026 (the “Notes”). The offering was made pursuant to Rule 144A and Regulation S, and included a fully exercised option to purchase an additional US$50 million principal amount of the Notes granted by Qudian. Credit Suisse, […]

Shenwan Hongyuan Group Co. Ltd.’s US$1.16 Billion Hong Kong Stock Exchange IPO

Clifford Chance advised Shenwan Hongyuan Group Co. Ltd. on its US$1.16 billion initial public offering and listing on the Hong Kong Stock Exchange. Shenwan Hongyuan is a leading investment holding group focused on securities businesses in China. It is the seventh largest securities firms by net assets at the end of 2018 and its revenue […]