Law firm Stephenson Harwood LLP has advised ABN AMRO Bank N.V. (ABN) – in its capacity as arranger and sole lender – on a buyer credit facility in relation to a loan to be extended to Star Bulk Carriers Corp. (Star Bulk). The loan will be used to finance the delivery and installation of scrubbers on a series of vessels owned by the group. The facility is insured by Atradius Dutch State Business N.V.(Atradius DSB).

Slaughter and May is advising Standard Chartered Bank (Hong Kong) Limited (SCBHK) on its strategic joint venture to build a new standalone digital retail bank in Hong Kong. The JV is among the first three successful applicants to have obtained a virtual bank licence from the Hong Kong Monetary Authority.

SCBHK will be the majority shareholder in the joint venture with a 65.1% shareholding, with PCCW Limited, HKT Limited and Ctrip.com (Hong Kong) Limited holding 10%, 15% and 9.9%, respectively.

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DLA Piper represented CIT Bank, Sumitomo Mitsui Banking Corporation, Cooperatieve Rabobank U.A., New York Branch and ING Capital LLC in a third round of financing for the continuing expansion and development of a fleet of battery energy storage systems in Southern California for Macquarie Capital (USA) Inc. and affiliates, bringing combined CIT-led debt financings for the projects to more than US$160 million.

Bryan Cave Leighton Paisner has advised Australian superannuation fund MTAA Super on the sale of its interests in DCT Gdansk, the largest container terminal in Poland, to a consortium of international investors including PSA International, the Polish Development Fund and the IFM Global Infrastructure Fund, managed by IFM Investors.

GSK Stockmann advised MLP Finanzberatung SE on the acquisition of 75.1 percent of the shares in DI DEUTSCHLAND.Immobilien AG.

In mid-January 2019, GSK Stockmann advised on Germany’s first-ever issuance of securities originally carried out as a blockchain transaction. Commerzbank AG, Continental AG and Siemens AG were involved in the transaction.

Freeths LLP is proud to have advised DivideBuy on its £60m investment and debt financing from private equity investors and UK banks.

DivideBuy is based in Stoke-on-Trent and has a technology based approach to lending, the financing will enable the business to continue to develop technology in offering interest free credit to both retailers and consumers. The backing saw investment from Souter Investments and debt facilities from Shawbrook and Paragon Bank.

Matheson is advising financial services firm IFG Group on its recommended takeover by UK private equity firm Epiris.  The deal, which has been valued at £206 million, has been announced today. Through its UK-based units James Hay Partnership and Saunderson House, IFG Group, which has public listings in Dublin and London, provides a range of financial solutions including full platform services, pension administration and independent financial advice.

Speaking today, Padraic Roche Corporate Partner at Matheson said –

Law firm Stephenson Harwood has advised the joint sponsors – China Galaxy International Securities (Hong Kong) Co. Limited and BOCOM International (Asia) Limited – on the listing of the shares of Zhejiang New Century Hotel Management Co., Ltd. (New Century Hotel). The shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited, and the global offering raised HK$1,155 million.

Linklaters advised the joint lead managers comprised of, Barclays, Goldman Sachs, HSBC, J.P. Morgan and YES Bank, in the co-issuance of US$375 million senior secured Green Bonds, due 2024, marking the first ever co-issuance deal from India, and one of the first in Asia.

The bonds were issued by eight subsidiaries of Renew Power Limited, the largest renewable power producer in India by generation capacity. The eight subsidiaries are special purpose vehicles which hold 11 operational wind and solar projects in India.