Clifford Chance has advised lottery operator Allwyn on its EUR 1.3 billion issuance of senior secured notes. Allen & Overy advised the initial purchasers.
Investors in Start-up Law
Start-up, which was first introduced in Silicon Valley in the US, has started to be more and more involved in our lives with the globalizing world. The main purpose of start-up companies, which are rapidly increasing in number today, is to produce solutions to a specific situation or problem and provide their solutions to people in a short time. They aim to develop rapidly and become one of the most popular companies with these solutions that appeal to a wide audience. While they are mostly focused on software and technology, there are also start-up companies operating in different fields such as banking and finance.
White & Case Advises on CCC PLN 505 Million Share Offer
White & Case has advised a syndicate of banks on CCC’s over PLN 505 million offer of series M ordinary bearer shares and new series L ordinary registered shares in an accelerated book-building process. Greenberg Traurig reportedly advised CCC.
Clifford Chance and Penteris Advise on Norsk Hydro’s Renewed Tender Offer for Alumetal
Clifford Chance has advised Norsk Hydro on a renewed tender offer for the purchase of 100% of the shares in Alumetal. Penteris advised Alumetal.
New Capital Market Law Started to Apply in Serbia
On 6 January 2023, the new Law on Capital Market started to apply in Serbia (except for certain provisions delayed further until the accession of Serbia to the EU). This law is adopted as a part of a comprehensive reform of the capital market legal framework in Serbia and introduces a completely new set of rules in line with the relevant EU regulations governing markets in financial instruments (MiFID I and MiFID II), prospectus, investor-compensation schemes, transparency, securities settlement, and market abuse.
Cobalt and Ellex Advise on Amber Beverage Group EUR 30 Million Bond Issuance
Cobalt has advised the Amber Beverage Group on its EUR 30 million issuance of four-year senior secured bonds with Signet Bank as the arranger. Ellex was the collateral agent on the issuance.
Dentons Advises CPI Property Group on EUR 335 Million Tender Offer for Outstanding Bonds
Dentons has advised the CPI Property Group on its successful tender offer of outstanding bonds due in 2026, 2027, and 2028.