ROME – International law firm McDermott Will & Emery has represented Istituto per il Credito Sportivo (ICS) in connection with  €150 million framework loan agreement with the Council of Europe Development Bank (CEB) to support the financing of sports facilities in Italy.

The signing ceremony was hosted in Rome’s Palazzo Chigi, the official residence of Italy’s Prime Minister, in the presence of the Secretary of State On. Giancarlo Giorgetti.

Gide advised the Dealers, Banque Degroof Petercam and Invest Securities, on the Euro PP by Financière Apsys of its EUR 39.2 million due November 2023 combining a EUR 29.2 million bond issue and a EUR 10 million loan. The notes are admitted to trading on Euronext Access Paris.

Gide's team was led by partner Hubert du Vignaux, assisted by senior associate Bastien Raisse and associate Laure Bellenger.

Financière Apsys was assisted by De Pardieu Brocas Maffei.

Gide acted as underwriters' counsel in a multi-tranche senior bond issuance of USD 3.75 billion by EDF in the context of its return to the USD 144A/RegS bond market.

Gide has advised an underwriting syndicate of eight banks in connection with a senior bond offering of USD 3.75 billion by EDF, by way of a Rule 144A private placement in September. This issuance enables EDF to further strengthen the structure of its balance sheet, as well as refinance upcoming maturities.

The USD 3.75 billion senior bond offering included three tranches:

Leading international law firm Clifford Chance has advised BNP Paribas, Citigroup and MUFG as joint global coordinators and BNP Paribas, CIMB, Citigroup, Maybank, MUFG, SMBC Nikko and Standard Chartered Bank as joint bookrunners and joint lead managers on the US$4 billion bond issuance by Indonesian state-owned mining company PT Indonesia Asahan Aluminium Persero (Inalum).

The deal is the largest-ever US dollar corporate security from a non-financial issuer in Indonesia and among the largest in Asia this year.

Slaughter and May advised NewDay Cards Ltd (NewDay Cards) and its affiliates in relation to a public debt issue under its own-brand credit card securitisation.

The transaction involved the issuance, through a master trust structure, of $150 million and £176.1 million of Series 2018-2 Floating Rate Asset Backed Notes (the Series 2018-2 Notes) by NewDay Funding 2018-2 Plc (the Issuer). The issuance was the second dollar issuance by NewDay Cards, following its first issuance under Rule 144A under the US Securities Act in July 2018, on which the firm also advised.