AVELLUM advises Ministry of Finance of Ukraine on EUR116 million financing to purchase patrol boats for State Border Guard Service of Ukraine
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with two loan agreements for a total amount of EUR116 million together constituting official financial support from France to Ukraine aimed at strengthening maritime safety and security of Ukraine.
AVELLUM advises Diligent Capital Partners on acquisition of minority stake in Edinstvo Group
AVELLUM acted as the Ukrainian legal counsel to its long-standing client Diligent Capital Partners (“DCP”), a private equity manager, acting together with the Dutch entrepreneurial development bank FMO (“FMO”), in connection with the acquisition of a minority stake in the leading Ukrainian feed producer Edinstvo Group. As a result of the transaction, Edinstvo Group obtained …
AVELLUM advises on Ukraine’s first notes issue listed on London Stock Exchange
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a USD1.25 billion notes issue with an 8-year maturity priced at 6.875% annual yield.
Deutsche Börse Acquires Remaining Stake in Clearstream Fund Centre from UBS
Deutsche Börse AG acquires the remaining 49% stake in Clearstream Fund Centre AG from UBS AG for CHF 390 million and becomes the sole shareholder of Clearstream Fund Centre, a leading European fund distribution platform. The acquisition of the initial 51% stake had closed on 30 September 2020.
Bär & Karrer Advises GENUI on the Acquisition of labor team w
Doctors and laboratory specialists, together with the investment firm GENUI, acquired labor team w ag, one of the leading private medical laboratories in Switzerland. The laboratory provides professional services for the prevention, diagnosis, monitoring and treatment of diseases throughout Switzerland.
KG Berlin: Commercial rent reduction in response to closures related to COVID-19
In a judgment from April 1, 2021, the Kammergericht (KG) Berlin – the Berlin Court of Appeal – ruled that commercial rent can be lowered by 50 percent in response to a closure related to COVID-19 (Az.: 8 U 1099/20).
Agreement on the reciprocal protection and promotion of investments between the Government of the Republic of Angola and the Government of the United Arab Emirates
On April 29th, 2021, the Presidential Decree No. 107/21 was published in the Official Journal of the Republic of Angola, which aims to strengthen the relations of this State with the Government of the United Arab Emirates.
VectivBio has its IPO on Nasdaq
Niederer Kraft Frey advised the banking syndicate, led by BofA Securities, SVB Leerink and Credit Suisse, in connection with the initial public offering of VectivBio Holding AG and the listing of its shares on Nasdaq. Through its IPO, which priced on 8 April 2021 at USD 17 per share, VectivBio raised gross proceeds of USD …
Securitisation of auto lease assets originated by AMAG Leasing AG
Niederer Kraft Frey advised Credit Suisse as Arranger and Joint Lead Manager and Zürcher Kantonalbank as Joint Lead Manager in connection with the auto lease securitisation and issuance by Swiss Car ABS 2021-1 AG of CHF 200,000,000 0.50 per cent. asset-backed notes due 2031. The notes, which are backed by a portfolio of Swiss auto …
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Crédit Agricole next bank (Suisse) SA issues CHF 200m Covered Bonds under its innovative Covered Bond Programme
On 9 April 2021, Crédit Agricole next bank (Suisse) SA successfully completed its second issuance under its Swiss Covered Bond Programme, issuing CHF 200 million Series 2021-1 0.125 per cent. Fixed-Rate Covered Bonds due April 2031 (with extended maturity date April 2032). The Covered Bonds are listed on the SIX Swiss Exchange and rated “AAA” …