legalweek
Linklaters and Freshfields Bruckhaus Deringer have scooped lead roles on a proposed merger between commodities trader Glencore and mining giant Xstrata worth around $82bn (£50m).
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Links and Freshfields take top roles on proposed $82bn mining merger
Herbert Smith & A&O score roles on multi-billion dollar Rosneft financing
legalweek
Herbert Smith and Allen & Overy (A&O) have both advised on a multi-billion dollar financing facility for Russian oil giant Rosneft. A Herbert Smith team led by Moscow finance partner Edward Baring has advised Barclays Bank as agent with 12 other leading banks including Bank of America, [...]
Latham and Linklaters take lead roles on first French ‘dim sum’ bond
legalweek
Linklaters and Latham & Watkins have advised on the first renminbi-denominated bond by a French company, reports The Asian Lawyer.
L’Air Liquide, a French producer of industrial and medical gases, has guaranteed the issue of two tranches of bonds, worth $400m (£256m), by its subsidiary, Air Liquide Finance. [...]
Slaughters and A&O win roles on $2bn Cathay Pacific bond programme
legalweek
Slaughter and May has advised Cathay Pacific Airways on its application for the listing of a $2bn (£1.2bn) medium-term note programme on the Hong Kong Stock Exchange, reports The Asian Lawyer.
According to the Hong Kong airline, the programme will broaden the company’s sources of funding and increase [...]
Hardwicke Chambers, McGrigors and Herbert Smith win Veolia panel roles
legalweek
Veolia has reviewed its UK panel arrangements, with Herbert Smith and McGrigors winning first-time appointments.
In an unusual move, the French utility giant has also added a barristers’ chambers to its external legal line-up for the first time, with Hardwicke Chambers winning the appointment.
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A&O and CC take top roles on pre-let deal for new Canary Wharf tower
legalweek
Allen & Overy (A&O) and Clifford Chance (CC) have taken lead roles on one of the largest London lettings deals so far this year.
The magic circle duo have advised as the European Medical Association (EMA) agreed a pre-let of 250,000 sq ft in a new 20-storey tower [...]
Five US firms land roles on record-setting $38bn plane purchase
legalweek
Five US firms are advising on the largest aircraft order in history after AMR Corporation, the owner of American Airlines, agreed to acquire a total of 460 planes from Airbus and Boeing in a transaction worth more than $38bn (£23.5bn), reports The Am Law Daily.
American Airlines is [...]
Magic circle trio check in for roles on BAA’s $1bn ‘Yankee’ bond
legalweek
Freshfields Bruckhaus Deringer, Allen & Overy (A&O) and Clifford Chance (CC) have all taken advisory roles on a $1bn (£623,700) ‘Yankee’ bond offering by airports operator BAA.
Freshfields advised BAA with a team led by international capital markets co-head Sarah Murphy and finance partner Marcus Mackenzie, while A&O [...]
DLA Piper and Maclays take roles on Jane Norman restructuring and sale
legalweek
DLA Piper has picked up a lead role on the administration and subsequent sale of failed fashion chain Jane Norman. The transatlantic firm advised administrators Zolfo Cooper as well as the syndicate of lending banks on the restructuring that saw the company fall into administration on Monday [...]