RSS Feed (News Only)

Clifford Chance advises ABS on its acquisition of RMC Global

Fri, 08 May 2026 14:30:00 GMT

Partner Alex Wilde and associate David Smith led the multi-practice team with support from associates Pardis Baha and Luis Sierra Garriga. The wider team included partners Todd Lowther supporting on tax, Reuven Falik on employee compensation and benefits, Karalyn Mildorf, Megan Gordon and Renee Latour on regulatory, Ty’Meka Reeves-Sobers on environmental, and Jason Ewart on financial markets matters.

Clifford Chance advises Apis Partners on the US$1.2 billion combined closing of Apis Growth Markets Fund III and Apis Global Growth Fund III.

Thu, 07 May 2026 16:05:00 GMT

The Clifford Chance team was led by Funds Partner Patrick Meniru, with Partners Gerard Saviola, Maren Stadler‑Tjan, Laura Underhill and Paul Ellison. Senior Associates Blair Munro, Jonas Vogelberg and Joseph Paddon and Associate Arez Hassan also advised across London, Luxembourg and New York.

Clifford Chance advises funds managed by IFM Investors on the agreement to acquire full ownership of Nala Renewables

Thu, 07 May 2026 13:26:00 GMT

The Clifford Chance team was led by Co-Head of Infrastructure Charlotte Madden with Senior Associate Alistair Goble and Associate Kush Popat. Partner Edward Page and Associate Archie Zverev advised on tax.

Press Contact: Sonia Malhotra-Denny

Clifford Chance advises Levant Capital on preferred equity investment backing acquisition of stake in Country Hill International

Thu, 07 May 2026 13:04:00 GMT

Founded in 1999, Country Hill has established itself as a leading distributor of premium proteins, serving luxury hotels, restaurants, catering operators and food retailers across the UAE. The company also owns and operates more than 14 retail locations in the UAE under its Prime Gourmet and The Fishmonger by Prime Gourmet banners, offering meat, seafood and gourmet products to consumers both in-store and online.

Levant Capital developed an innovative and flexible capital solution for Katana and will bring its track record and experience in the food and retail sectors to support Country Hill's continued growth.

The cross-practice UAE team was led by Deniz Tas (Partner, M&A), Gareth Dray (Legal Director, M&A) and Ahmed Shafiek (Senior Associate, M&A), with support from Tom Lloyd (Counsel) and Nabeela Afifi (Associate) from the M&A team. As well as Tariq Imam (Partner, Real Estate), Nicholas Chan (Senior Associate, Real Estate), Sher Khan (Senior Associate, Real Estate), Kai-Niklas Schneider (Partner, Funds), Sebastian Lehman (Senior Associate, Funds), and Paul Langley (Senior Associate, Debt Finance).

Press Contact- Samantha White

Clifford Chance promotes 12 new counsel in Asia Pacific

Thu, 07 May 2026 12:05:00 GMT

Connie Heng, Regional Managing Partner for Asia Pacific said: "These appointments highlight our continued investment in building strong, collaborative teams across Asia Pacific to support the success of our clients and the firm. This is a significant moment for each of these lawyers and a reflection of the contribution they have made to clients and colleagues alike."

The promoted counsel are:

Julian Brun, Sydney
Yuanyuan Cai, Beijing
Jamie Calv, Perth
Jane Chen, Beijing
Joy Chen, Shanghai
Jonathon Leung, Hong Kong
Adriano Poncini, Sydney
Winnie Poon, Hong Kong
Tomohiro Terada, Tokyo
James Thornton, Singapore
Mercia Wang, Shanghai
Carson Wong, Hong Kong

In addition, Shanghai He Ping Law Firm also announced the promotion of Xiang Li to counsel. Clifford Chance LLP and Shanghai He Ping Law Firm have established a Joint Operation in the China (Shanghai) Pilot Free Trade Zone under the name Clifford Chance LLP and Shanghai He Ping Law Firm (FTZ) Joint Operation Office with the approval of the Shanghai Bureau of Justice.

Clifford Chance advises on the financing of the US$300M 440MW Isabela Solar Power Project

Thu, 07 May 2026 03:39:00 GMT

The 440MWp project in Ilagan City, Isabela Province is being developed by San Ignacio Energy Resources Development Corporation – a joint venture between TotalEnergies Renewables Development Asia (65%) and Philippine partner NextNorth (35%), with financing provided by Standard Chartered Bank, ING Bank N.V. and Sumitomo Mitsui Banking Corporation. It's expected to be operational by the end of 2027.

Most of the project’s electricity will be sold under offtake contracts with AdventEnergy and PrimeRES. The balance will be sold to the national grid via the project’s award under Round 4 of the Philippines’ Green Energy Auction Program.

The Philippines has set a target to increase the share of renewable energy in its power generation mix to 50% by 2050, up from around 23% in 2024, as part of its broader carbon emissions reduction commitments, with solar power accounting for a significant proportion of new capacity installed in recent years.

Mel Chan, Partner said, "We are privileged to have supported TotalEnergies and NextNorth on the Isabela Solar Power Project. The transaction includes many market-first features and sets the precedent for the Philippine renewables market which is attracting increasing international investor appetite and capital inflow. Congratulations to everyone involved for reaching this milestone."

Mel led the Clifford Chance team, with support from senior associate Thomas Hobbs Martin and associate Jacie Lim. Counsel Adam Wood led on hedging matters, supported by senior associates Leland Hui and Allison Tan.

Press contact: Danielle Shaw

Clifford Chance advises on the publication of new Digital Bonds Annexes for the 2010 and 2018 Global Master Securities Lending Agreement and the Global Master Repurchase Agreement 2011

Tue, 05 May 2026 13:56:00 GMT

The Digital Bonds Annexes, published as part of a collaborative project between ISLA, ICMA and Clifford Chance, marks a significant milestone in the integration of natively issued digital bonds into established securities financing frameworks. The annexes provide a standardised template and set of terms for securities financing transactions involving digital bonds, ensuring that the legal framework keeps pace with technological advances in the financial markets.

The publication follows strong demand from market participants and was developed by the ISLA Digital Steering Group and the ISLA Digital Assets Legal Working Group, with Clifford Chance acting as appointed counsel.

Michael Brown, partner at Clifford Chance, commented:
“We are delighted to have assisted ICMA and ISLA with the development of the Digital Bonds Annex. The publication of the annex is a significant milestone for the integration of natively issued digital bonds into established securities financing frameworks, and we were pleased to support the working groups in delivering documentation that enables continued innovation in the market.”

Alex Tollast, counsel at Clifford Chance, added:
“It has been a privilege to work alongside ICMA and ISLA on this important project. It is wrong to think of digital bonds through the prism of primary markets only – there is great potential for the product in the world of securities financing.”

The team was led by partner Michael Brown and counsel Alex Tollast.

Press contact: Chanelle Mutawe

Clifford Chance advises Star Sports Medicine on its IPO and listing in Hong Kong

Tue, 05 May 2026 08:36:00 GMT

Partners Fang Liu and Virginia Lee co-led the transaction with support from partner of Clifford Chance (Beijing) Claire Cao. The wider deal team includes Yuhang Li, Yu'er Shao, Hardy Ye, Julie Luo and Ruiyi Chen.

Star Sports Medicine is China's largest domestic provider of sports medicine implants and instruments, specializing in clinical sports medicine solutions that encompass sports medicine implants, active equipment, associated medical consumables and surgical instruments, as well as regenerative repair products. It offers holistic solutions for the treatment of soft tissue injuries to rotator cuffs, ligaments and meniscus across the shoulders, knees, hips, feet, ankles, elbows, hands and wrists, as well as for the rehabilitation and prevention of sports-related injuries.

Clifford Chance has a strong track record of advising on the Hong Kong listings of medical devices companies, most recently advising on the listing of Edge Medical.

Press Contact: Fenix Wong

Clifford Chance advises DistribAire on its acquisition by Impact Climate Technologies

Mon, 04 May 2026 16:00:00 GMT

The transaction was led by partner Jonathan Bobinger and associate Adebola Akisanya. They were supported by partner Todd Lowther and associates Gil Shauly and David Walsh on tax, associates Pardis Baha and Trumond Best on corporate, partner Reuven Falik on employee compensation and benefits, and associate Kami McFarland on environmental matters.

Clifford Chance strengthens Litigation & Arbitration capabilities with J. Laurens Wilkes in Houston

Mon, 04 May 2026 15:00:00 GMT

Wilkes, who joins Clifford Chance from Winston & Strawn, brings over 20 years of experience advising US and international clients on matters across the full lifecycle of infrastructure, construction and energy projects. This includes front end bid/procurement disputes, risk counseling as well as breach of contract, administrative actions, products liability, fraud and fiduciary duty, trade secret, restructuring, and tort matters in state and federal courts, as well as domestic and international arbitration.

Joining Wilkes is Caitlin Gernert, a partner in Clifford Chance US LLP's Houston office, who advises infrastructure, energy and construction companies on a wide range of civil litigation and arbitration matters.

Global Head of Disputes Robert Houck says, "I’m thrilled to welcome Laurens and Caitlin to the firm. Their strong track record in guiding clients through complex issues in the energy and infrastructure sectors adds significant depth to our US and global Disputes team. This is particularly valuable as we continue to see strong demand for risk mitigation and disputes advice from clients operating in these sectors."

Houston Office Managing Partner Alex Wilde says, "We are excited to welcome Laurens and Caitlin to the firm and Houston office. Their significant sector experience builds on the strong momentum of our Houston office and will be instrumental in further expanding our capabilities, while also strengthening our global platform."

Wilkes says, "Clifford Chance has an exceptional global presence in infrastructure, energy, construction and projects, spanning investments and financings, project development and disputes. I look forward to joining this talented, collaborative team to support clients across all aspects of the project lifecycle."

The Americas region is a core part of Clifford Chance’s global platform and an important focus of the firm’s strategic investment. With more than 450 attorneys across New York, Washington, DC, Houston and São Paulo, the firm combines deep local market knowledge with the reach of a fully integrated global partnership. The Americas team advises clients on complex US, Latin America and cross-border transactional, regulatory and disputes matters across key sectors including private capital and financial services, healthcare and life science, technology, infrastructure, and energy.

Clifford Chance advises GreenYellow on a financing of more than €800 million

Mon, 04 May 2026 09:35:00 GMT

Structured around GreenYellow’s historic group of international lenders, joined by new international banks, this operation demonstrates the renewed confidence of the financial sector.

This strategic transaction refinances GreenYellow’s existing corporate debt and significantly strengthens its investment capacity. The Group's ambition is to establish itself as the leader in electrification and flexibility “as a service” for the competitiveness of industrial and commercial companies.

This new financing increases GreenYellow's resources by 35% to accelerate the deployment of its integrated high value-added offer, support an active strategy of targeted acquisitions and develop new technological building blocks to drive the convergence of its offer platform.

The Clifford Chance team was led by partner Chloé Desreumaux, with counsel Nina Yoshida and associate Ambre Ronnel on the financing aspects alongside senior counsel Fabien Jacquemard and associate Santiago Ramirez on the hedging aspects.

Press Contact: Laure-Hélène Caillot

Clifford Chance a conseillé Ares en qualité de prêteur dans le cadre du refinancement de la dette du groupe Giant propriétaire de Quick et contrôlé par H.I.G Capital

Fri, 08 May 2026 17:30:12 GMT

L'équipe Clifford Chance était composée de Thierry Arachtingi, Maroussia Cuny (Counsel) et Sophie Laporte (collaboratrice).

Clifford Chance advises financiers on the financing of the landmark Mirny wind project in Kazakhstan

Thu, 30 Apr 2026 16:32:00 GMT

Mirny project consists of a 1 GW onshore wind farm, combined with a 300 MW / 600 MWh battery energy storage system and represents an investment of USD 1 billion.

The signing of this transaction marks one of Kazakhstan's largest renewable energy initiatives to date, contributing to the country's target of increasing to 15% the share of renewables in electricity generation by 2030.

The project demonstrates Clifford Chance’s strong positioning in Central Asia and its ability to support complex projects in the infrastructure and energy sectors.

The Clifford Chance team was composed of partners Milica Zatezalo-Falatar and Sohini Kar-Purkayastha, counsel Thomas Chneiweiss, associates Manon Guery and Didi Hu, and trainee Pauline Piketty, with partner Sandy Hall, director Irina Steinberg, senior associate Matthew Judkins, and associate Ben Stewart supporting on the construction aspects.

Milica Zatezalo-Falatar commented: "It is a true privilege for us to support the Mirny project and work with such a dedicated and inspiring group of financiers and sponsors. We will continue to be very focused on and committed to the energy transition, Central Asia and key stakeholders making these transformative projects happen. Huge congratulations to everyone involved for reaching this milestone."

Press Contact: Laure-Hélène Caillot

Clifford Chance advises BNP Paribas on U.S.$120m Spekboom Restoration-Linked Bond

Thu, 30 Apr 2026 13:43:31 GMT

The CRUs will be generated by the project through the restoration of degraded thicket by the planting of Portulacaria afra (spekboom) cuttings throughout the Eastern Cape and Western Cape provinces of South Africa. This is also the first project financed by an outcome bond alongside co-financing from specialist carbon finance funds.

The successful execution of the deal further adds to Clifford Chance's established track record of advising clients on cutting edge natural capital transactions, including a number of previous carbon credit linked outcome bond transactions issued by IBRD.

The Clifford Chance team was led by partner Deborah Zandstra and senior associate James Kelton, with support from associate Hannah McLellan and trainee Chelsea Nkafu in the Debt Capital Markets Group.

Press Contact: Emma Cessford

Clifford Chance advises BNP Paribas on its agreement with Holmarcom Finance Company (HFC) for the divestment of BMCI in Morocco

Thu, 30 Apr 2026 13:34:00 GMT

The Holmarcom Group, a long-standing partner and shareholder of BMCI, will pursue the bank’s development in Morocco to the advantages of BMCI’s shareholders, customers and employees.

BNP Paribas reiterates its long-term commitment to Morocco. The Group intends to pursue the development of its investment banking activities there, and a commercial partnership agreement with HFC will ensure service continuity for the corporate clients of the BNP Paribas Group and those of BMCI.

The completion of this transaction, expected in the fourth quarter of 2026, remains subject to obtaining the requisite regulatory approvals.

BNP Paribas was advised internally by Louis-Philippe de Vasconcelos (Head of Legal – M&A/Private Equity) and Séverine Gallet (Legal Counsel – M&A/Private Equity).

The Clifford Chance team was led by partners Mathieu Remy (Paris) and Frédéric Giancarli (Casablanca), and included associates Caroline Bellot, Raphaël Morin, Lucie le Roux (Paris), Aolaia Snaïba and Augustin Batsale (Casablanca) on the corporate aspects; partner Patrice Navarro, associates Jérémy Guilbault and Antoine Tong, on the commercial contracts aspects; partner David Tayar, counsel Clémence Carlier and associate Maëlys Cleuziat on the antitrust aspects; partner Alexandre Lagarrigue and associate Théo Piazza on the French tax aspects; partner Frédérick Lacroix, counsel Hélène Kouyaté and associate Ryan-Landry Yohou on the regulatory aspects; as well as partner David Por, counsel Cyril Riffaud and associates Naomi Martin, Eva Bagatti and Loriane Schorderet on the intellectual property aspects.

Press Contact: Laure-Hélène Caillot

Clifford Chance ernennt weltweit 28 neue Partnerinnen und Partner, drei davon in Deutschland

Thu, 30 Apr 2026 10:15:00 GMT

Diese Ernennungen unterstreichen das fortlaufende Engagement der Sozietät, ihre globalen Kompetenzen in zentralen Produktbereichen, Märkten und Sektoren weiter auszubauen, um so den größten Mehrwert für ihre Mandanten zu schaffen.

Neu in die deutsche Partnerschaft aufgenommen werden:

Georg Lübbehüsen (Debt Finance, Frankfurt) berät Kreditnehmer und Kreditgeber bei komplexen Debt‑Finance‑Transaktionen. Sein Schwerpunkt liegt in den Bereichen Immobilien‑, Infrastruktur- und Unternehmensfinanzierungen sowie verbundenen Restrukturierungen. Er entwickelt insbesondere maßgeschneiderte Finanzierungslösungen für assetbasierte und kapitalintensive Investitionen in Schlüsselbranchen und leistet damit einen wesentlichen Beitrag zur Stärkung der Finanzierungskompetenz von Clifford Chance in Frankfurt und europaweit.

Bahar Rahimyar (Project Development & Finance, Düsseldorf) berät zu Projektentwicklung und Finanzierungen von Energie‑ und Infrastrukturprojekten, sowie komplexen Restrukturierungen. Sie begleitet Finanzinstitute, Exportkreditagenturen, institutionelle Investoren und Sponsoren bei komplexen, hochvolumigen Transaktionen. Sie ist auf umfangreiche grenzüberschreitende Finanzierungen in Europa spezialisiert. Bahar Rahimyar ist als Rechtsanwältin in Deutschland sowie als Solicitor in England und Wales zugelassen.

Caroline Scholke (Antitrust & Trade, Düsseldorf) berät schwerpunktmäßig im Kartellrecht bei komplexen Transaktionen. Dabei unterstützt sie Private-Equity-Investoren und international tätige Unternehmen insbesondere in den Bereichen der Fusionskontrolle, ausländischer Direktinvestitionen sowie der EU-Drittstaatensubventionsverordnung. Darüber hinaus begleitet sie Mandanten im Hinblick auf kartell- und beihilferechtliche Fragestellungen, insbesondere bei bedeutenden, grenzüberschreitenden Mandaten. Dabei berät sie vor allem Unternehmen, die in stark regulierten Märkten innerhalb der EU agieren.

Dr. Stefan Sax, Managing Partner bei Clifford Chance für Deutschland: "Ich gratuliere unseren neu ernannten Partnerinnen und Partnern herzlich. Mit ihrer außergewöhnlichen fachlichen Expertise, ihrem unermüdlichen Engagement für unsere Mandanten und ihrem ausgeprägten unternehmerischen Gespür haben sie sich über viele Jahre hinweg als prägende Persönlichkeiten unserer deutschen und internationalen Teams etabliert. Umso mehr freue ich mich darauf, gemeinsam mit ihnen die Zukunft unserer Sozietät weiter zu gestalten und unsere Mandanten auch künftig auf höchstem Niveau zu begleiten.“

Charles Adams, Global Managing Partner von Clifford Chance: „Mit diesen Beförderungen würdigen wir Kolleginnen und Kollegen, die sich durch außergewöhnliche Leistungen und höchste Professionalität auszeichnen. Sie erzielen für unsere Mandanten exzellente Ergebnisse, insbesondere bei komplexen, internationalen Mandaten. Ihr Engagement ist ein wesentlicher Faktor für unseren Erfolg – sie stärken wichtige Mandantenbeziehungen und gestalten die nächste Phase unserer Wachstumsstrategie maßgeblich mit.“

Adrian Cartwright, Global Senior Partner von Clifford Chance: „Unsere neuen Partnerinnen und Partner überzeugen durch hervorragendes Urteilsvermögen, tiefgehendes Marktverständnis und ausgeprägte Führungsqualitäten. Sie übernehmen Verantwortung – sowohl gegenüber unseren Mandanten als auch innerhalb der Kanzlei. Ihre Ernennung steht für die hohen Ansprüche, die wir an unsere Partnerschaft stellen, und für unser Ziel, ein Umfeld zu schaffen, in dem sich herausragende Talente optimal entfalten können.“

Die Übersicht der weltweit 28 neu ernannten Partnerinnen und Partner bei Clifford Chance zum 1. Mai 2026 sowie ihre Fachbereiche und Standorte:

Alice Dunoyer de Segonzac, Disputes, Paris
Auriane Bijon, Capital Markets, Paris
Bahar Rahimyar, Project Development & Finance, Düsseldorf
Benjamin Fisher, Debt Finance, New York
Benjamin Harding, Funds & Asset Management, London
Ben Redding, Real Estate, London
Cameron Dwyer, Tax, Pensions, Employment & Incentives, London
Caroline Scholke, Antitrust & Trade, Düsseldorf
Chris Norman, Restructuring & Insolvency, London
Craig Grant, Private Equity, London
Dan Bomsztyk, Corporate Transactions & Advisory, London
David Gérard, Real Estate, Paris
Eric Schaffer, Private Equity, New York
Georg Lübbehüsen, Debt Finance, Frankfurt
Gillis Waelkens, Corporate Transactions & Advisory, Brüssel
Hannah Richard, Tax, Pensions, Employment & Incentives, New York
Janet Fok, Corporate Transactions & Advisory, Hongkong
Joclynn Marsh, Corporate Transactions & Advisory, Houston
John Karantonis, Private Equity, Sydney
Kyle Kreshover, Private Equity, Houston
Leonardo Fernández, Structured Finance, Madrid
Matthew Ball, Capital Markets, Tokio
Michael Gorrie, Disputes, London
Oliver Clarke, Funds & Asset Management, London
Pablo Murcia, Corporate Transactions & Advisory, Madrid
Peter Hughes, Project Development & Finance, Washington DC
Rebecca Elgar, Real Estate, Sydney
Rebecca Trapp, Tax, Pensions, Employment & Incentives, London

Press Contact: Lisa Trager

Clifford Chance advises Roquette Frères on its successful €600 million perpetual hybrid bond issuance

Wed, 29 Apr 2026 08:57:30 GMT

The hybrid notes bear a fixed interest rate of 6.00% until the first reset date in April 2032 and benefit from 50% equity credit from S&P (up to a limit of 15% of the Issuer’s adjusted total capital), while also being classified as equity under IFRS. The notes have been admitted to trading on Euronext Paris.

The order book exceeded €2.8 billion, reflecting strong investor confidence in Roquette’s growth strategy and solid credit profile. This transaction strengthens Roquette’s capital structure and enhances its long-term financial flexibility. Net proceeds from the issuance will be used for general corporate purposes.

The Clifford Chance team was led by Cédric Burford (partner), with Auriane Bijon (counsel), Jessica Hadid (senior associate) and Sabrine Kadi (associate).

Press Contact: Laure-Hélène Caillot

Clifford Chance advises Morgan Stanley Real Estate Investing on the sale of the Pullman Paris Tour Eiffel Hotel

Tue, 28 Apr 2026 10:23:00 GMT

The Pullman Paris Tour Eiffel is one of Paris’ most prominent upscale hotels, located steps away from the Eiffel Tower and operated by Accor under the Pullman brand. The hotel was acquired in March 2024 by MSREI in partnership with QuinSpark, as part of its strategy to invest in high‑quality hotels in Europe’s leading gateway cities.

Since acquisition, MSREI and QuinSpark have pursued an active value‑creation programme, including operational enhancements, improvements to the guest experience and reductions in energy consumption. As a result, the hotel has achieved strong operating performance and reinforced its positioning in the resilient Paris hospitality market.

The Clifford Chance team was composed of Alexandre Couturier, partner, Xavier Vaury, Samuel Sellam, Charlène Jouët et Shahzel Asghar, associates, on the legal aspects, as well as Alexandre Lagarrigue, partner, Rémy Lefebvre, counsel, Elise Poiraud, Adrianna Gelbert and Andrea Pilisi, associates, on the tax aspects.

Press Contact: Laure-Hélène Caillot

Clifford Chance Badea advises Vista Bank on its debut as a bond issuer on the Bucharest Stock Exchange

Tue, 28 Apr 2026 08:24:00 GMT

The project team, including Partner Mădălina Postolache (Rachieru), Nicolae Grasu (Senior Associate), and Cosmin Mitrică (Associate), advised the financial institution throughout the entire process, starting with the structuring and implementation of the Medium-Term Note Programme (MTN) and the preparation of the inaugural issuance.

Partner Mădălina Postolache (Rachieru) says: “We are honoured to have contributed to another landmark transaction for the Romanian capital market, which reaffirms investors’ confidence in issuers with a transparent and solid business profile. We congratulate Vista Bank on the successful completion of a project that is very important to its future strategy.

Our team has extensive experience in implementing medium-term notes programmes. We are pleased to see that more issuers are turning to such programmes, which help them plan their medium-term financing through a globally standardized, efficient, and predictable framework.”

Press Contact: Anne Marie Nistoroiu

Clifford Chance advises ST GROUP on world-first tokenised IPO

Tue, 28 Apr 2026 08:13:00 GMT

ST GROUP designs and manufactures high performance composite materials for cutting edge industries, helping to improve the reliability, efficiency and performance of aircraft, drones, satellites and launch vehicles.

This IPO is the first public offering in France - open to both retail and institutional investors - to be carried out on a distributed ledger technology (DLT) multilateral trading facility operated by Lise, under the EU Pilot Regime (Regulation (EU) 2022/858 of 30 May 2022). Settlement on Lise is conducted through tokenised deposits within a natively tokenised market infrastructure operating on a 24/7 basis.

Aline Cardin, partner at Clifford Chance, commented: “We are proud to have advised ST GROUP on this landmark transaction, which highlights the potential for tokenisation in the equity capital markets. We also congratulate Lise on reaching this significant milestone in its development.”

Alexander Tollast, counsel at Clifford Chance, added: “This transaction demonstrates how the traditional capital markets can be enhanced through tokenisation. We are delighted to have supported a first-of-its-kind deal that is another important step forward for the industry."

The Clifford Chance team was led by partner Aline Cardin, and counsel Alexander Tollast with support from associate Alexandre Wahl.

For more information on this transaction, please see here: https://stgroup.lise.com/images/pdf/st-group_cp_succes-ipo_20260424_def.pdf.

Press Contacts: Laure-Hélène Caillot and Chanelle Mutawe.