Sub-Saharan Africa project finance on the rise With Africa's energy crisis unlikely to end soon, both new and existing investment will gain traction in 2011, say lawyers By Danielle Myles February 04 2011
Polish takeover tests branch-to-bank law Raiffeisen’s takeover of EFG's Polish branch requires the target to convert to a licensed bank – a process to be enabled by a bill still in external consultation By Danielle Myles February 03 2011
Low coupons and financing spillover drive US high yield The volume of high yield issued in the US reached a record high in January. Lawyers say this was driven by two things: more corporates taking early advantage of low... By Danielle Myles February 03 2011
High yield benchmark for French corporates Labco's complicated ownership structure introduced extra considerations under the country’s regulations on this €500 million high-yield bond By Danielle Myles February 02 2011
Greece: Merchant power returns in hybrid financing A novel hybrid financing has been used to address the demand risk arising from a rare merchant power deal in Greece By Danielle Myles January 31 2011
How China high-yield structures are standardizing The need to accommodate JV structures and limit debt at subsidiary level in Chinese high yield has led to a fast development of covenant packages By Danielle Myles January 27 2011
Turkish high yield first avoids LPN burden The first Turkish direct high-yield offering has closed, avoiding the administrative burdens of the customary LPN structure By Danielle Myles January 21 2011
New German bonds question second-lien The latest high-yield issue under the German Bond Act adopts a structure that calls into question the preference for second-lien over unsecured debt By Danielle Myles January 19 2011
Project bonds not limited to refinancings Latin America’s project bond market has been reopened by Odebrecht Oil & Gas’s (OOG) $1.5 billion issue By Danielle Myles January 18 2011
Non-recourse lands in Nicaragua The first non-recourse financed project in Nicaragua has closed after months of government meetings to negotiate crucial lender protections By Danielle Myles January 14 2011
