RSS Feed (News Only) https://www.cliffordchance.com/rss/rss-feed-news.xml RSS XML Feed of News Tue, 10 Feb 2026 10:08:00 GMT M&A corporate Global Financial Markets Insurance Intellectual property Project development & finance Emerging markets PFI PPP Regulatory enforcement & white collar Employment, incentives & pensions Construction Tax Antitrust, EU & trade Funds & investment management Public policy Real estate Capital markets Financial regulation Restructuring & insolvency TechDigital Environment Litigation, dispute resolution & risk management Islamic finance Transport & logistics Consumer goods & retail Insurance Industrials Energy & resources Healthcare, life sciences & chemicals Private equity Government & public sector bodies Telecommunications, media & technology Funds & investment management Real estate Banks Spain United Kingdom Netherlands Italy Luxembourg Belgium Germany France Western Europe Europe Canada United States North America Latin America Morocco Africa Saudi Arabia Middle East Australia and Oceania India South Asia Hong Kong China Japan Singapore Thailand Asia M&A corporate Global Financial Markets Insurance Intellectual property Project development & finance Emerging markets PFI PPP Regulatory enforcement & white collar Employment, incentives & pensions Construction Tax Antitrust, EU & trade Funds & investment management Public policy Real estate Capital markets Financial regulation Restructuring & insolvency TechDigital Environment Litigation, dispute resolution & risk management Islamic finance Transport & logistics Consumer goods & retail Insurance Industrials Energy & resources Healthcare, life sciences & chemicals Private equity Government & public sector bodies Telecommunications, media & technology Funds & investment management Real estate Banks Spain United Kingdom Netherlands Italy Luxembourg Belgium Germany France Western Europe Europe Canada United States North America Latin America Morocco Africa Saudi Arabia Middle East Australia and Oceania India South Asia Hong Kong China Japan Singapore Thailand Asia 2026-02-10T10:08:00Z Clifford Chance advises on Axera Semiconductor's IPO and listing in Hong Kong https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-axera-semiconductors-ipo-and-listing-in-hong-kong.html <p>Chair of China Practice and partner Tim Wang co-led the transaction with partners Fang Liu and Virginia Lee with support from counsel Erxin Lu, senior associate Astrid Zhuang, associates Cathy Qian, Lawrence Yue, Shi Ke, Anna Ding and Julie Luo and trainee solicitor Catherine Xu.</p> <p>Axera Semiconductor provides artificial intelligence (AI) inference systems-on-a-chip (SoCs) which delivers high-performance perception and computing platforms for edge and endpoint AI applications. At the heart of Axera Semiconductor's capabilities and SoC offerings is the Axera Neutron, a mixed-precision neural processing unit (NPU) which is specialized in processing architecture that delivers improved AI inference efficiency through advanced mixed-precision computing. Complementing the mixed precision NPU is Axera Proton AI-ISP, the world's first commercially scaled AI-enabled image signal processor.</p> <p>Clifford Chance has advised on the listings of several chip companies in China, including <a href="/content/cliffordchance/news/new/news/news/2026/02/clifford-chance-advises-on-montage-technology-s-ipo-and-listing-.html">Montage Technology</a>, <a href="/content/cliffordchance/news/new/2026/01/clifford-chance-advises-on-gigadevice-semiconductor-s-ipo-and-listing-in-hong-kong.html">GigaDevice</a> and <a href="/content/cliffordchance/news/new/2024/08/clifford-chance-advises-leading-auto-chip-maker-black-sesame-on-0.html">Black Sesame</a>.</p> Global Financial Markets China M&A corporate Telecommunications, media & technology Tue, 10 Feb 2026 10:08:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-axera-semiconductors-ipo-and-listing-in-hong-kong.html 2026-02-10T10:08:00Z Clifford Chance advises dsm-firmenich on its agreement with CVC to divest Animal Nutrition & Health business https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-dsm-firmenich-on-its-agreement-with-cvc-to-divest-animal-nutrition-and-health-business.html <p>dsm-firmenich will retain a 20% equity stake in the divested ANH companies in partnership with CVC. Learn more <a href="https://our-company.dsm-firmenich.com/en/our-company/news/press-releases/2026/dsm-firmenich-announces-agreement-to-divest-animal-nutrition-and-health-to-cvc-capital-partners.html">here</a>.</p> <p>This transaction follows <u><a href="https://www.cliffordchance.com/news/news/2025/02/clifford-chance-advises-dsm-firmenich.html">the sale of dsm-firmenich's stake in Feed Enzymes Alliance to Novonesis for €1.5 billion in 2025</a></u>, on which Clifford Chance previously advised.</p> <p>The cross-practice Clifford Chance team was led by Corporate M&amp;A partners Gregory Crookes and Stephanie Horowitz, and included among others Ernst van der Touw, Pieter Leefers, Orsolya Gondos, Tamlin Higgins, Sabine Van Den Heuvel, Robert Bulte, Dolyne Munyampeta, Torsten Syrbe and Herman Chekin (Corporate M&amp;A), Claudia Milbradt and Nicolas Hohn-Hein&nbsp;(Intellectual Property), Michiel Sunderman, Alec Sanderson and Pascal Borsjé (Tax), Floris van de Bult, Iga Mamczarz (Employment), Wijnanda Rutten (Pensions), Marc Besen, Jurre Jurriëns, Claire Blaisdell, Arne Gayk (Antitrust and FDI),&nbsp;Liesbeth Buiter, Lotte De Bruin and Liselotte Hommels&nbsp;(Real Estate), Boudewijn Vermeer and Claudia de Olaran (Banking and Finance), Gunnar Sachs, Marlene Kießling and Kathrin Schroeder-Finckh (Regulatory), Daan Lunsingh Scheurleer and Marguérite Elias (Litigation).</p> <p>Additional team members from Amsterdam, Düsseldorf and other offices in Europe, Asia and the Americas supported across practices, ensuring comprehensive, multijurisdictional advice on all aspects of the matter.</p> Germany Netherlands Mon, 09 Feb 2026 12:59:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-dsm-firmenich-on-its-agreement-with-cvc-to-divest-animal-nutrition-and-health-business.html 2026-02-09T12:59:00Z Clifford Chance advises on Montage Technology's IPO and listing in Hong Kong https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-montage-technology-s-ipo-and-listing-.html <p>Montage Technology is a leading global fabrication-less integrated circuit (fabless IC) design company focused on offering innovative, reliable and power-efficient interconnect solutions for cloud computing and AI infrastructure. The company has been listed on the Shanghai Stock Exchange STAR Market since 2019.</p> <p>Chair of China Practice and partner Tim Wang co-led the transaction with partners Jean Thio and Virginia Lee with support from counsel Liang Wei and Haoze Zheng, senior associates Joy Chen, Mao Meng and Veronica Liu, associate Heverly Ma, and trainee solicitors Liang Menglin and Alex Chen.</p> <p>Clifford Chance has advised the listings of many technology companies in China, including the listings of <a href="https://www.cliffordchance.com/news/news/2025/11/clifford-chance-advises-on-mininglamp-technology-s-ipo-and-listing-in-hong-kong.html">Mininglamp Technology</a>, <a href="https://www.cliffordchance.com/news/news/2025/10/clifford-chance-advises-deepexi-technology-on-its-chapter-18c.html">Deepexi Technology</a> and <a href="https://www.cliffordchance.com/news/news/2024/12/clifford-chance-advises-xunfei-healthcare-technology-on-hong-kon.html">Xunfei Healthcare</a>.</p> China Global Financial Markets M&A corporate Telecommunications, media & technology Mon, 09 Feb 2026 03:56:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-montage-technology-s-ipo-and-listing-.html 2026-02-09T03:56:00Z Clifford Chance advises Legal & General on US$2.3 billion sale of its US protection and pension risk transfer businesses to Meiji Yasuda Life Insurance Company https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-legal-n-general-on-usd-2-point-3-billion-sale-of-its-us-protection-and-pension-risk-transfer-businesses-to-meiji-yasuda-life-insurance-company.html <p>The cross-border, multi-practice team was led by the Co-Heads of the US Insurance practice Dennis Manfredi and Joe Cosentino, Corporate counsel Christine Kim, Funds partner Jeff LeMaster, Insurance Regulatory counsel Eugene Benger, partners Anthony Oldfield and David Pudge with support from Insurance associate Elliott Schreffler.</p> <p>The wider team included:</p> <ul> <li><b>Insurance M&amp;A:</b> associates Ed Yin and Annie Arya, law clerk Natalie Tsang</li> <li><b>Tax, Pensions &amp; Employment:</b> partners Sonia Gilbert (London), Philip Wagman and Paul Koppel, senior counsel Howard Adler, associates David Walsh and Ian David</li> <li><b>Intellectual Property:</b> partner Violetta Kokolus, counsel Daryl Fairbairn, associate Molly Margiotta (London), lawyer Hayley Kwan (London)</li> <li><b>Antitrust:</b> partner Michael Van Arsdall, counsel Lauren Rackow, associates Jordan Passmore and Makenzie Stuard (Washington, DC)</li> <li><b>Funds:</b> counsel Andrew Nelson, associate Dennis Morrisroe</li> <li><b>Banking: </b>partner Daniel Winick</li> <li><b>Real Estate:</b> counsel Victoria Manthas</li> <li><b>Tech:</b> partner Megan Gordon, associate Brian Yin (Washington, DC), lawyer Ieva Eringyte (London)</li> <li><b>Transactions:</b> partner Olivia Higgs, senior associate Niall O'Shea, associate Zain Arif (London)</li> <li><b>Regulatory (CFIUS):</b> partner Renee Latour (Washington, DC)</li> <li><b>Litigation:</b> associate Amber Pirson</li> <li><b>Capital Markets:</b> staff attorney Guilherme Laudisio (Sao Paulo).</li> </ul> <p>Others working on the deal included law clerk Michelle Cao, trainee Rami Jerrow (London) and paralegal Nargiz Ahmedli.</p> Insurance United States Insurance M&A corporate Fri, 06 Feb 2026 19:00:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-legal-n-general-on-usd-2-point-3-billion-sale-of-its-us-protection-and-pension-risk-transfer-businesses-to-meiji-yasuda-life-insurance-company.html 2026-02-06T19:00:00Z Clifford Chance advises Shenzhen Han's CNC Technology on its Hong Kong IPO and listing https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-shenzhen-han-s-cnc-technology-on-its-hong-kong-ipo-and-listing.html <p>Chair of China Practice and partner Tim Wang co-led the transaction with partners Tianning Xiang and Jean Thio with support from Head of Capital Markets Lorna Lyu*, senior associates Bi Ran, Elaine Lau and Yuhang Li, associates Janssen Yang and Julie Luo, trainee solicitor Wang Pu, paralegal Louis Duan and legal analyst Theo Wang.</p> <p>Shenzhen Han's CNC Technology is a leading specialised printed circuit board (PCB) production equipment solution provider in China and has an extensive portfolio of production equipment which covers various production processes, such as drilling, photolithography, lamination, formation and testing. The company has been listed on the Shenzhen Stock Exchange’s ChiNext Market in 2022.</p> <p>Clifford Chance has advised on the successful H-share listings of various Mainland China-listed companies including the listings of <a href="https://www.cliffordchance.com/news/news/2025/10/clifford-chance-advises-sany-heavy-industry-on-its-us-1-7-billion.html">SANY Heavy Industry,</a> <a href="https://www.cliffordchance.com/news/news/2025/07/clifford-chance-advises-on-anjoy-foods-group-ipo-and-listing.html">Anjoy Foods</a>, <a href="https://www.cliffordchance.com/news/news/2025/06/clifford-chance-advises-foshan-haitian-flavouring-and-food-company.html">Foshan Haitian</a> and <a href="https://www.cliffordchance.com/news/news/2025/06/clifford-chance-advises-sanhua-intelligent-controls.html">Zhejiang Sanhua Intelligent Controls</a>.</p> <p>* <i>From Shanghai He Ping Law Firm. 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.</i></p> China Global Financial Markets Hong Kong Telecommunications, media & technology M&A corporate Fri, 06 Feb 2026 08:34:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-shenzhen-han-s-cnc-technology-on-its-hong-kong-ipo-and-listing.html 2026-02-06T08:34:00Z Clifford Chance advises Muyuan Foods on its HK$10.7 billion Hong Kong IPO and listing https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-muyuan-foods-on-its-hk-10-7-billion-hong-kong-ipo-and-listing.html <p>Chair of China Practice and partner Tim Wang co-led the transaction with partners Jean Thio and Virginia Lee with support from counsel Liang Wei, senior associates Bi Ran, April Zhang, Ryan Ho, Michael Cheng and Mao Meng, associates Candice Wu, Sibin Hong, Heverly Ma, Lu Wenxin, Julie Luo and Grace Wang*, trainee solicitor Cian Fang and paralegal Sampson Koo.</p> <p>Tim said, &quot;Muyuan Foods’ successful listing highlights sustained investor confidence in scaled, technology‑driven consumer and agribusiness leaders, and reinforces Hong Kong’s role as the preferred international listing venue for Chinese industrial champions seeking global capital. The transaction also reflects our deep sector knowledge and market‑leading equity capital markets capabilities.&quot;</p> <p>Jean added, &quot;The listing comes at an important moment for China’s food and beverage (F&amp;B) and consumer goods sector, where scale, technology and supply‑chain resilience are driving growth and attracting investor interest.&quot;</p> <p>Muyuan Foods operates a vertically-integrated business model spanning the entire hog value chain, covering hog breeding, hog farming, feed production, slaughtering and meat production. The company has consistently rolled out new technologies in biosecurity, odor control, environmentally sustainable operations and cost management and is a technology-driven leading pork company, pioneering smart hog farming.</p> <p>Clifford Chance has played a leading role in many of the market-defining transactions in the region's consumer and retail sector, including the Hong Kong IPOs of <a href="https://www.cliffordchance.com/news/news/2025/07/clifford-chance-advises-on-anjoy-foods-group-ipo-and-listing.html">Anjoy Foods</a>, and <a href="https://www.cliffordchance.com/news/news/2025/06/clifford-chance-advises-foshan-haitian-flavouring-and-food-company.html">Foshan Haitian</a>.</p> <p>* <i>From Shanghai He Ping Law Firm. 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.</i></p> Consumer goods & retail China Global Financial Markets Hong Kong M&A corporate Fri, 06 Feb 2026 08:16:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-muyuan-foods-on-its-hk-10-7-billion-hong-kong-ipo-and-listing.html 2026-02-06T08:16:00Z Clifford Chance advises Alternatifbank on its AT1 issuance https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-alternatifbank-on-its-at1-issuance.html <p>This transaction reflects the growing sophistication of capital instruments in Türkiye and supports Alternatifbank’s strategy of enhancing its capital structure through diversified funding options.</p> <p>The Clifford Chance team was led by partners Matt Fairclough and Sait Eryılmaz, with support from counsel Başar Kırka, senior associate Lucia Ferrer, associates Büşra Altuntaş and Alper Eski and trainees Grace Sohn and Işıl Acar.</p> United Kingdom Thu, 05 Feb 2026 11:42:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-alternatifbank-on-its-at1-issuance.html 2026-02-05T11:42:00Z Clifford Chance advises APG on its cornerstone investment in Hongkong Land’s Singapore Central Private Real Estate Fund https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-apg-on-its-cornerstone-investment-in-hon.html <p>SCPREF marks an important development in Hongkong Land’s capital management strategy. The fund is structured as a perpetual open-ended vehicle and provides long term institutional access to a portfolio of premium, fully green certified commercial assets in Singapore’s core business districts. The structure supports Hongkong Land’s ambition to expand its third-party capital platform as part of its long-term growth objectives.</p> <p>APG’s commitment represents 15 percent of the fund’s initial AUM, equivalent to more than EUR 420 million (S$630 million or US$500 million).</p> <p>The Clifford Chance team was led by partners Bryan Koo and Daryl Liu, with support from senior associates Cecilia Chan, George Lau, Nicole Chua and Rebecca Liu, associates Phoenix Chiu, Yasmin Yousoof and Winky Su, and trainee solicitor Vicky Or. The team advised APG on all legal aspects of its cornerstone participation in the fund.</p> <p>For more details about the transaction, see APG's announcement <a href="https://assetmanagement.apg.nl/media/tynbvdor/260202-apg-project-sandstone-release.pdf">here</a>.</p> Banks Singapore Hong Kong M&A corporate Thu, 05 Feb 2026 07:56:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-apg-on-its-cornerstone-investment-in-hon.html 2026-02-05T07:56:00Z Clifford Chance advises Brazil’s Sabesp on the largest blue bond issuance out of Latin America and the first B-Bond to be issued in Brazil. https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-brazil-s-sabesp-on-the-largest-blue-bond.html <h3>Global law firm Clifford Chance advised Companhia de Saneamento Básico do Estado de São Paulo (Sabesp), the Brazilian water and waste management company, on an innovative US$1.5 billion A/B Bond financing.&nbsp; The Inter-American Investment Corporation (IDB Invest) was the lender of record on the US$150 million Term Loan A and the US$1.35 billion Term Loan B. &nbsp;Nova Securitisation, a special purpose vehicle incorporated in Luxembourg, used the proceeds of the US$850 million 5.750% Blue Senior Notes due 2031 and the US$500 million 6.500% Blue Senior Secured Notes due 2036 to purchase a participation in Term Loan B. &nbsp;The notes were listed on the Luxembourg Stock Exchange.</h3> <p>The proceeds will support Sabesp’s commitment to achieving universal basic sanitation targets in the state of São Paulo, including the improvement of sewage treatment plants and the expansion of collection systems.</p> <p>This transaction marks the largest blue bond issuance out of Latin America and the first B-Bond to be issued in Brazil. The bond includes a US$150 million A Loan maturing in 2038 and a US$1.35 billion B Loan to be disbursed in stages, with maturities in 2031 and 2036.</p> <p>The cross-border team was led by Capital Markets counsel Anja Pfleger-Andrade in São Paulo, with the support of partner Jon Zonis in New York, and included:</p> <ul> <li><b>Capital Markets</b>: Associate Joyce Moore in New York, Cristian Ragucci, staff attorney Guilherme Laudisio, and intern João Eduardo de Godoy Pereira in São Paulo</li> <li><b>Structure Debt</b>: Partner&nbsp;Marc Mehlen, senior associate Marie-Elise Gueble and trainee lawyer Victor Leon Hilbertz in Luxembourg</li> <li><b>Tax</b>: Partner Avrohom Gelber in New York and Associate Kade Moural in Houston</li> </ul> <p>Pfleger Andrade commented, “We are delighted to have supported Sabesp on this milestone transaction, which stands as the largest blue bond issued in Latin America and Brazil’s first‑ever B‑bond.”</p> <p>Clifford Chance advises on many offerings in the Brazilian market, including <a href="https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-banco-bradesco-on-us-750-million-bond-is.html">Banco Bradesco's US$750 million bond issuance</a>, <a href="https://www.cliffordchance.com/news/news/2025/08/clifford-chance-advises-brazil-s-sabesp-on-first-ever-corporate-.html">Brazil's Sabesp's first ever corporate blue bond issuance by a company in Latin America</a>, and <a href="https://www.cliffordchance.com/news/news/2025/03/clifford-chance-advises-on-series-of-debt-deals-by-brazil-s-itau.html">Itaú Unibanco and Banco Bradesco's senior notes offering and sustainability-linked private placement</a>.</p> Consumer goods & retail Global Financial Markets Latin America Industrials Wed, 04 Feb 2026 17:31:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-brazil-s-sabesp-on-the-largest-blue-bond.html 2026-02-04T17:31:00Z Clifford Chance advises MAPFRE on the establishment of its EMTN programme and on two notes issuances for a total amount of EUR 1 billion https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-mapfre-on-the-establishment-of-its-emtn-programme-and-on-two-notes-issuances-for-a-total-amount-of-eur-one-billion.html <p>Clifford Chance has also advised MAPFRE on the two inaugural issuances under the programme: two senior notes issuances for an aggregate principal amount of EUR 1 billion.</p> <p>This is a highly innovative transaction in Spain, marking the first EMTN programme registered with the CNMV by an insurance company.</p> <p>The Clifford Chance team advising MAPFRE has been led by Francisco Pizarro, with support from María de Elizalde, Carlos Fierro and Juan Conde Pumpido. Miguel Barredo and Juan Valcárcel, from the firm's insurance practice, also collaborated on the matter.<b></b></p> Spain Wed, 04 Feb 2026 11:04:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-mapfre-on-the-establishment-of-its-emtn-programme-and-on-two-notes-issuances-for-a-total-amount-of-eur-one-billion.html 2026-02-04T11:04:00Z Clifford Chance a conseillé Inetum dans le cadre du renforcement de sa structure financière avec la signature d'un contrat de financement de titrisation couvrant la France et l'Espagne pour un montant de 350 M€ https://www.cliffordchance.com/news/news/2026/02/clifford-chance-a-conseille-inetum-dans-le-cadre-du-renforcement.html <p>L’opération, d’une maturité de 3 ans, remplace le contrat préexistant d’affacturage de 215 M€ destinés à la France et l’Espagne. </p> <p>Ce nouveau financement renforcera la trésorerie disponible de 135 millions d'euros lorsqu'il sera pleinement opérationnel, améliorera les coûts de financement et réduira la saisonnalité des besoins en fonds de roulement du Groupe. </p> <p>Clifford Chance a conseillé Inetum sur cette opération avec une équipe européenne composée de Julien Rocherieux, associé, et Florian Guennec, avocat, à Paris, Jesus Quesada, associé, à Madrid, ainsi que de Lounia Czupper, associée, à Bruxelles.</p> Spain Telecommunications, media & technology France Global Financial Markets Belgium Europe Wed, 04 Feb 2026 10:48:28 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-a-conseille-inetum-dans-le-cadre-du-renforcement.html 2026-02-04T10:48:28Z Clifford Chance advises on PT Perusahaan Listrik Negara's US$1.5 billion bond issuance https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-pt-perusahaan-listrik-negara-s-us-1-5-billion-bond-issuance.html <p>The issuance comprises two tranches: US$500 million 4.75% notes due 2031 and US$1 billion 5.45% notes due 2036. The proceeds will be used to support the acceleration of electricity infrastructure development in Indonesia, specifically for transmission, distribution, and non-coal related generation projects. The banking syndicate included Citigroup, HSBC, Mandiri Securities, MUFG Securities Asia Limited Singapore Branch, SMBC Nikko Securities (Hong Kong) Limited, and Standard Chartered Bank.</p> <p><b>Lead partner Alan Yeung </b>said, &quot;We are delighted to have supported the banks on this significant transaction. PLN’s successful return to the US dollar bond market underscores strong international investor confidence in Indonesia’s infrastructure sector and in high‑quality, sovereign‑linked credits. The transaction highlights our team’s deep expertise in advising on complex cross‑border financings across the region.”</p> <p>Alan led the deal and was supported by counsel Stephanie Liman, senior associate Charlotte Tan and trainee lawyer Emma Choo. This transaction continues Clifford Chance's long-standing work on PLN’s GMTN program since 2019. </p> Energy & resources Global Financial Markets Banks Singapore Hong Kong Wed, 04 Feb 2026 08:52:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-pt-perusahaan-listrik-negara-s-us-1-5-billion-bond-issuance.html 2026-02-04T08:52:00Z Clifford Chance donates €39,164 to charitable organisations https://www.cliffordchance.com/news/news/2026/02/clifford-chance-donates-39-164-to-charitable-organisations.html <p>This year, the Frankfurt office is supporting the <a href="https://kinderkrebsstiftung-frankfurt.de/" target="_blank">Frankfurt Foundation for Children with Cancer</a>. The foundation was established by parents of affected children who know from their own experience what a cancer diagnosis means for the whole family. Its mission is to further improve the chances of recovery for children and young people with cancer through targeted cutting-edge research. Today, more than 60 scientists work on new therapeutic approaches under state-of-the-art conditions at the foundation's own Dr. Petra Joh-House. Since childhood cancer is mostly genetic and differs greatly from adult cancer, specialised research is particularly important. Many crucial areas of research are only possible thanks to donations, as funding alone cannot cover the high running costs.<br> <br> This year, donations from the Munich office will go to the <a href="https://www.kinderhospiz-muenchen.de/" target="_blank">Munich Children's Hospice (AKM)</a>. Since 2004, the AKM has been supporting families with terminally or critically ill children, adolescents and young adults – from the moment of diagnosis and far beyond. A multi-professional team is supported by around 320 volunteers. True to the motto ‘Not giving life more days, but giving days more life’, the AKM provides the affected families with support, relief and moments of comfort, security and normality during a particularly difficult time.</p> <p>The Clifford Chance office in Düsseldorf is supporting two organisations with its donation this year:<br> <br> The association <a href="https://www.tiertafel-duesseldorf.org/" target="_blank">Tiertafel Düsseldorf e.V</a>. supports people who, for financial reasons, are no longer able to adequately care for the health and welfare of their pets. Especially in difficult life situations such as illness, poverty in old age or homelessness, no one should be forced to part with their animal companion. The aim is to maintain this special bond even in times of hardship and to provide concrete help. The association's work is carried out entirely on a voluntary basis and is made possible exclusively by monetary and material donations from companies and private supporters.</p> <p>The local project <a href="https://www.hallonachbar.org/" target="_blank">Hallo Nachbar!</a> helps people in the immediate neighbourhood who, due to loneliness, illness or financial hardship, are no longer able to visit authorities or social services on their own and thus fall through the cracks of local support services. The volunteers, most of whom are unpaid, accompany them, visit them at home and open up access to support services in their neighbourhood. In acute and emergency situations, they also provide those in need with donations in kind or financial assistance as temporary support, for example to avert impending homelessness.<br> <br> Dr. Moritz Keller, Pro Bono and Responsible Business Partner at Clifford Chance in Germany: ‘I am delighted that we are once again able to support organisations that help people overcome difficult life situations in a variety of ways. The selected projects provide valuable assistance in a wide range of areas and show how much can be achieved when commitment is directed where it is really needed.’</p> <p>Clifford Chance is committed to responsible business and is involved in charitable and social projects worldwide. In Germany, the firm supports the Crespo Foundation with its ‘SABA’ scholarship and the Child Protection Association in Frankfurt am Main, among others. You can find out more about this commitment on the <a href="https://www.cliffordchance.com/about_us/responsible-business.html">Clifford Chance website</a>.</p> <p><i>&nbsp;</i></p> Germany Tue, 03 Feb 2026 11:45:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-donates-39-164-to-charitable-organisations.html 2026-02-03T11:45:00Z Clifford Chance advises on ReNew’s first-of-its-kind green bond issuance via India's GIFT City https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-renew-s-first-of-its-kind-green-bond-insurance-via-india-gift-city.html <p>The 6.50% senior secured notes due 2031 are guaranteed by Nasdaq-listed ReNew Energy Global plc, one of India’s leading renewable-energy producers, and also to be guaranteed by its subsidiary, ReNew Private Limited.</p> <p>Barclays Bank PLC, BNP Paribas, Deutsche Bank, HSBC, J.P Morgan, MUFG and Standard Chartered Bank were joint global coordinators, as well as bookrunners with Credit Agricole CIB, DBS Bank Ltd and SMBC Nikko.</p> <p><b>Lead partner Alan Yeung who specialises in high yield and investment grade debt issuances </b>said, “We are delighted to advise on this landmark transaction, which not only marks the first international bond issuance from GIFT City but also sets a new benchmark for Indian corporates seeking efficient access to global capital markets. By leveraging the benefits of the GIFT City structure, this issuance demonstrates the growing sophistication and internationalisation of India’s debt capital markets, paving the way for increased cross-border fundraising activities.”</p> <p>Alan led the deal and was supported by counsel Stephanie Liman, associate Jun Kai Choo and trainee solicitor Alfie Harvey-Shipp.</p> Global Financial Markets Singapore Hong Kong Tue, 03 Feb 2026 10:22:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-on-renew-s-first-of-its-kind-green-bond-insurance-via-india-gift-city.html 2026-02-03T10:22:00Z Clifford Chance He Ping advises ICMA on GMRA filing for People's Bank of China – advancing internationalisation of China's bond market https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-icma-on-gmra-filing-for-people-s-bank-of.html <p>Following the PBOC’s recognition of the GMRA filing, international investors will be able to use the GMRA to execute bond repurchase transactions in the China Interbank Bond Market (CIBM). This is a significant step in the opening-up of the PRC bond market and advancing Hong Kong’s Fixed Income and Currency (FIC) roadmap, strengthening connectivity between global markets and China, and creating new opportunities for cross-border investment and liquidity.</p> <p>The team led by partner Terry Yang included Kimi Liu and Jane Chen.</p> <p><b>Terry Yang, partner at Clifford Chance</b>, commented: &quot;This recognition by the PBOC marks a major milestone for global market participants. It provides legal certainty for cross-border repo transactions and reinforces Hong Kong’s role as a gateway to China’s financial markets.&quot;</p> <p><b>Kimi Liu, international partner at Shanghai He Ping Law Firm*,</b> added: &quot;We are delighted to have supported ICMA in achieving this important development. We look forward to working with market participants on repo netting, settlement arrangements and other regulatory initiatives that will drive the internationalisation of China’s bond market.&quot;</p> <p>* <i>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</i></p> <p>Read the jointly issued Announcement <a href="https://www.pbc.gov.cn/tiaofasi/144941/3581332/5853996/index.html">here</a>.</p> China Global Financial Markets Government & public sector bodies Banks Mon, 02 Feb 2026 02:32:00 GMT https://www.cliffordchance.com/news/news/2026/02/clifford-chance-advises-icma-on-gmra-filing-for-people-s-bank-of.html 2026-02-02T02:32:00Z Clifford Chance advises Apollo Commercial Real Estate Finance in sale of approximately US$9 billion commercial real estate loan portfolio https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-apollo-commercial-real-estate-finance-in-sale-of-approximately-USD9-billion-commercial-real-estate-loan-portfolio.html <p>Following the repayment of ARI’s financing facilities and other indebtedness, as well as transaction expenses, ARI expects to receive approximately US$1.4 billion in cash in the transaction. ARI will also retain substantially all of the net equity interests in the real estate properties it holds, or approximately US$446 million as of September 30, 2025.</p> <p>Partners Chang-Do Gong (M&amp;A) and Andrew Epstein (Capital Markets/Corporate) led the team along with senior counsel Jay Bernstein (Capital Markets/Corporate). They were further assisted by partners Robert Chung (M&amp;A) and Michael Seaton, counsel Hannah Richards (Tax) and Tae Ho Cho (Capital Markets), associates Marina Livingston, Maria Fernanda Gadea Rivera (M&amp;A), Jake DuCharme (Capital Markets), Milica Pavlovic (Tax) and Dawn Goldberg (Real Estate), partner Gary Brooks (Finance) and admitted foreign lawyer Ariel Cohen.</p> Real estate Capital markets United States M&A corporate Thu, 29 Jan 2026 16:00:00 GMT https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-apollo-commercial-real-estate-finance-in-sale-of-approximately-USD9-billion-commercial-real-estate-loan-portfolio.html 2026-01-29T16:00:00Z Clifford Chance advises Nasdaq-listed SCHMID Group on the issuance of US$30 million convertible notes and warrants as well as on a US$27 million debt-to-equity swap https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-nasdaq-listed-schmid-group-on-the-issuance-of-us-30-million-convertible-notes.html <p>In addition, Clifford Chance has advised SCHMID Group on its debt-to-equity swap of approximately US$27 million liabilities to minority shareholder XJ Harbour HK Limited by issuing shares of the Company in a private placement that was agreed in November 2025 and was completed on 16 January 2026.</p> <p>SCHMID Group is a Nasdaq-listed company and a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries. Since the SCHMID Group's Nasdaq listing in April 2024, Clifford Chance has acted as its US SEC counsel as well as its German and Dutch counsel on an ongoing basis.</p> <p>The Clifford Chance team was led by partner Axel Wittmann (Global Financial Markets, Frankfurt), with support from partners Han Teerink (Corporate, Amsterdam) and George Hacket, counsels Andrei Manea (both Global Financial Markets, Frankfurt) and Serkan Özel (Corporate, Amsterdam), senior associate Carla Winslow-Kruger (Global Financial Markets, Frankfurt), associates Esmée Oldenkamp and Robert Bulte (both Corporate, Amsterdam) and transaction lawyer Lilli Neubauer (Global Financial Markets, Frankfurt).</p> Global Financial Markets Germany M&A corporate Netherlands Wed, 28 Jan 2026 10:56:49 GMT https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-nasdaq-listed-schmid-group-on-the-issuance-of-us-30-million-convertible-notes.html 2026-01-28T10:56:49Z Clifford Chance advises Daibiru Corporation on its acquisition of a major stake in London’s high-grade building “Warwick Court” https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-daibiru-corporation-on-its-acquisition-on-major-stake.html <p>To read more please find Daibiru Corporation's press release here: <u><a href="https://www.daibiru.co.jp/english/news/2026/0107/">Daibiru Corporation Acquires Major Stake in London’s High-Grade Building “Warwick Court”</a><a href="https://www.daibiru.co.jp/english/news/2026/0107/">|</a><a href="https://www.daibiru.co.jp/english/news/2026/0107/">News</a><a href="https://www.daibiru.co.jp/english/news/2026/0107/">|</a><a href="https://www.daibiru.co.jp/english/news/2026/0107/" target="_blank">DAIBIRU CORPORATION</a></u></p> <p><b>Angela Kearns, Real Estate Partner, commented:</b></p> <p><i>&quot;This is a significant investment for Daibiru as part of Daibiru Group's medium- to long-term management plan 2035 &quot;BUILD NEXT.&quot; and adds another high-quality, well-located asset with strong ESG credentials to their portfolio.&nbsp; We are continuing to see appetite from Japanese&nbsp;private capital for amenity-rich office assets in the UK and this transaction supports London's position as one of the world's most attractive office markets.&quot;</i></p> <p>The Clifford Chance team advising Daibiru was led by Real Estate partner Angela Kearns and included Real Estate Partner Matt Taylor, senior associates Alex Currie, James Law and Holly Porter.&nbsp; The wider team included Emma Ni Arrachtain supporting on Construction, Partner David Saleh and Director Simon Corzberg supporting on tax related aspects and Tokyo Partner Yoshiaki Shimizu on Japanese law aspects.</p> <p><u><a href="/content/cliffordchance/news/news/2025/07/clifford-chance-advises-daibiru-on-landmark-uk.html">This transaction marks the second project in the UK for Daibiru Corporation, following the acquisition of Capital House at 85 King William Street, London for £169 million in July 2025 which the firm advised on.</a></u></p> United Kingdom Wed, 28 Jan 2026 10:50:00 GMT https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-daibiru-corporation-on-its-acquisition-on-major-stake.html 2026-01-28T10:50:00Z Clifford Chance advises MTU Aero Engines AG on €600 million convertible bond issuance and tender offer https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-mtu-aero-engines-ag-on-600-million-euros-convertible-bond-issuance-and-tender-offer.html <p>Under the tender offer, 92.88% of the outstanding convertible bonds (ISIN DE000A2YPE76) were repurchased at a final purchase price of 117.83404% per €100,000 nominal value.</p> <p>The new convertible bonds were issued at par without interest. Unless converted earlier, they will be redeemed or repurchased at an accreted redemption amount of 105% of the principal amount at maturity. The bonds are convertible into no par value ordinary registered shares of MTU Aero Engines AG at a conversion price set at 47.5 % above the reference share price of €&nbsp;392.0604, which reflects the volume weighted average price on XETRA on 8&nbsp;January&nbsp;2026.</p> <p>The banking syndicate for the transaction comprised BNP PARIBAS, Deutsche Bank Aktiengesellschaft, and HSBC Continental Europe.</p> <p>The Clifford Chance team was led by partner Cristina Freudenberger (Capital Markets, Frankfurt) and included partners Axel Wittmann (Capital Markets, Frankfurt), Christian Vogel and Dominik Heß (Corporate, Dusseldorf), counsel Henrik Gildehaus and transaction lawyers Lilli Neubauer and Felicitas Fischer (all Capital Markets, Frankfurt).</p> Germany Wed, 28 Jan 2026 09:20:55 GMT https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-mtu-aero-engines-ag-on-600-million-euros-convertible-bond-issuance-and-tender-offer.html 2026-01-28T09:20:55Z Clifford Chance advises THI Investments on the acquisition of the KarlsOffice office building in Stuttgart https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-thi-investments-on-acquisition-of-karlsoffice.html <p>The 11,340 sqm office building is located in the City West district and was constructed in two phases in 1997 and 2006. It benefits from excellent transport connections due to its proximity to the main S-Bahn line.</p> <p>THI Investments is a family-owned company with its headquarters in Stuttgart and additional offices in London and Munich.</p> <p>The Clifford Chance team advising THI Investments comprised partner Philipp Stoecker, senior associate Dominik Rauchenberger, associate Robin Molitor and senior transaction lawyer Sophie Töke (all Real Estate, Frankfurt), partner Dominik Engl, tax consultant Leonie Gebauer and transaction lawyer Jule Geiger (all Tax, Frankfurt and Munich), as well as partner Tobias Schulten (Global Financial Markets, Frankfurt).</p> <p><i>&nbsp;</i></p> Germany Global Financial Markets Wed, 28 Jan 2026 08:59:00 GMT https://www.cliffordchance.com/news/news/2026/01/clifford-chance-advises-thi-investments-on-acquisition-of-karlsoffice.html 2026-01-28T08:59:00Z