News & Analysis

Deals of the Month - May 2020

19 June 2020 by Ben Naylor

View our pick of complex, innovative or uncommon transactions (for the market concerned) from around the world that closed or were announced in May

Deals

JD Logistics $3.2 billion HKSE IPO

28/5/2021

Jurisdictions

Hong Kong SAR

Practice areas

Capital markets : Equity

Industry sectors

Logistics

Value:

$ 3.2 billion

Deal types:

IPO

Deals

LATAM Airlines Group restructuring

26/5/2020

Jurisdictions

Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, United States

Practice areas

Restructuring and insolvency

Industry sectors

Aviation, Consumer goods and services

Deal types:

Chapter 11 - US Bankruptcy Code, Financial restructuring, Restructuring

Deals

International Flavors & Fragrances / DuPont's nutrition and biosciences unit merger

16/12/2019

Jurisdictions

New York, United States

Practice areas

M&A

Industry sectors

Consumer goods and services, Industrials and manufacturing

Value:

$ 26.2 billion

Deal types:

Merger

Deals

Viacom/ CBS $28 billion merger

13/8/2019

Jurisdictions

United States

Practice areas

M&A

Industry sectors

Entertainment, Media

Value:

$ 28 billion

Deal types:

Merger

Deals

Terrafina $500 million 4.962% notes issue

18/7/2019

Jurisdictions

Mexico

Practice areas

Capital markets : Debt

Industry sectors

Investment management, Real estate

Value:

$ 500 million

Deal types:

Investment grade bond/note issue

Deals

Total $4 billion four tranche (2.218%, 2.434%, 2.829% and 3.461%) bond issue

15/7/2019

Jurisdictions

France, United Kingdom, United States

Practice areas

Capital markets : Debt

Industry sectors

Energy

Value:

$ 4 billion

Deal types:

Investment grade bond/note issue

Deals

Total $4 billion notes offering

10/7/2019

Jurisdictions

United States

Practice areas

Capital markets : Debt

Industry sectors

Oil and gas

Value:

$ 5 billion

Deal types:

Investment grade bond/note issue

Deals

Republic of Chile €861 million .83% sovereign green bond issue

2/7/2019

Jurisdictions

Chile

Practice areas

Capital markets : Debt

Industry sectors

Government and public policy

Value:

€ 861 million

Dollar value:

$ 974 million

Deal types:

Green bond issue, Sovereign bond issue

Deals

Caixa Econômica Federal $1.9 billion secondary share offer

26/6/2019

Jurisdictions

Brazil

Practice areas

Capital markets : Equity

Industry sectors

Oil and gas

Value:

$ 1.9 billion

Deal types:

Share offer

Deals

Capgemini €3.6 billion acquisition of Altran Technologies

26/6/2019

Jurisdictions

France

Practice areas

M&A

Industry sectors

Technology and telecommunications

Value:

€ 3.6 billion

Dollar value:

$ 4.061 billion

Deal types:

Private acquisition

Deals

Republic of Chile $1.41 billion 3.5% sovereign green bond issue

25/6/2019

Jurisdictions

Chile

Practice areas

Capital markets : Debt

Industry sectors

Government and public policy

Value:

$ 1.41 billion

Deal types:

Green bond issue, Sovereign bond issue

Deals

Tikehau Capital capital increase

20/6/2019

Jurisdictions

France

Practice areas

Capital markets : Equity

Industry sectors

Financial services

Deal types:

Share capital increase

Deals

Tieto DKr13.2 billion acquisition of Evry

18/6/2019

Jurisdictions

Finland, Norway, Sweden, United States

Practice areas

M&A

Industry sectors

Technology and telecommunications

Value:

DKr 13.2 billion

Dollar value:

$ 1.982 billion

Deal types:

Private acquisition

Deals

AliExpress Russia joint venture

11/6/2019

Practice areas

M&A

Industry sectors

Technology and telecommunications

Value:

$ 2 billion

Deal types:

Joint venture

Deals

BlackRock $225 million 5.77% notes issue and $19.4 million refinancing

24/5/2019

Jurisdictions

Mexico

Practice areas

Banking, Capital markets : Debt, Project finance

Industry sectors

Energy

Value:

$ 244.4 million

Deal types:

Refinancing

Deals

Luckin Coffee Nasdaq IPO

17/5/2019

Jurisdictions

China, United States

Practice areas

Capital markets : Equity

Industry sectors

Food and beverage

Value:

$ 571 million

Deal types:

IPO

Deals

3M $6.7 billion acquisition of Acelity

2/5/2019

Jurisdictions

United States

Practice areas

M&A

Industry sectors

Healthcare, Pharmaceuticals and life sciences

Value:

$ 6.7 billion

Deal types:

Public acquisition

Deals

Pinterest NYSE IPO

18/4/2019

Jurisdictions

United States

Practice areas

Capital markets : Equity

Industry sectors

Technology and telecommunications

Value:

$ 1.4 billion

Deal types:

IPO

Deals

Adevinta Oslo Børs IPO

10/4/2019

Jurisdictions

Norway

Practice areas

Capital markets : Equity

Industry sectors

Media, Technology and telecommunications

Value:

NKr 2.87 billion

Dollar value:

$ 334.691 million

Deal types:

IPO

Deals

Petrobras $750 million 5.75% and $2.25 billion 6.9% notes issue

29/3/2019

Jurisdictions

Brazil

Practice areas

Capital markets : Debt

Industry sectors

Oil and gas

Value:

$ 2.95 billion

Deal types:

High-yield bond/note issue

Deals

Hanon Systems $1.23 billion acquisition of global Fluid Pressure & Controls business from Magna International

29/3/2019

Jurisdictions

Italy, South Korea, United States

Practice areas

M&A

Industry sectors

Industrials and manufacturing

Value:

$ 1.23 billion

Deal types:

Private acquisition

Deals

Republic of Benin €500 million 5.75% sovereign bond issue

19/3/2019

Jurisdictions

France

Practice areas

Capital markets : Debt

Industry sectors

Government and public policy

Value:

€ 500 million

Dollar value:

$ 552.603 million

Deal types:

Sovereign bond issue

Deals

CEMEX €400 million 3.125% bond issue

13/3/2019

Jurisdictions

Mexico, Netherlands, Switzerland, United States

Practice areas

Capital markets : Debt

Industry sectors

Construction and materials

Value:

$ 400 million

Deal types:

Investment grade bond/note issue

Deals

ArcelorMittal €750 million 4.55% notes issue

11/3/2019

Jurisdictions

India, Luxembourg, United States

Practice areas

Capital markets : Debt

Industry sectors

Industrials and manufacturing

Value:

€ 750 million

Dollar value:

$ 850.936 million

Deal types:

Investment grade bond/note issue

Deals

Jurisdiction

Practice area

Industry sector

Deal type

Deal value

Year

Deals of the Month - May 2020

JD Logistics $3.2 billion HKSE IPO

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

LATAM Airlines Group restructuring

Jurisdictions

Practice areas

Industry sectors

Deal types:

International Flavors & Fragrances / DuPont's nutrition and biosciences unit merger

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Viacom/ CBS $28 billion merger

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Terrafina $500 million 4.962% notes issue

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Total $4 billion four tranche (2.218%, 2.434%, 2.829% and 3.461%) bond issue

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Total $4 billion notes offering

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Republic of Chile €861 million .83% sovereign green bond issue

Jurisdictions

Practice areas

Industry sectors

Value:

Dollar value:

Deal types:

Caixa Econômica Federal $1.9 billion secondary share offer

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Capgemini €3.6 billion acquisition of Altran Technologies

Jurisdictions

Practice areas

Industry sectors

Value:

Dollar value:

Deal types:

Republic of Chile $1.41 billion 3.5% sovereign green bond issue

Jurisdictions

Practice areas

Industry sectors

Value:

Deal types:

Tikehau Capital capital increase

Jurisdictions

Practice areas

Industry sectors

Deal types: