High Yield Debt

Advised a syndicate of banks on the comprehensive €3 billion financing for Betclic Everest Group's acquisition of Tipico, a leading sports betting and online gaming operator in Germany and Austria. The financing package included the upsized offering of €1 billion in aggregate principal amount of 5.125% Senior Secured Notes due 2031.

Advised a syndicate of investment banks on the US$2.925 billion (equivalent) refinancing of Trivium Packaging, which comprised, among other transactions, the following: €700 million 6.25% Senior First Lien Secured Notes due 2030, US$600 million 8.25% Senior First Lien Secured Notes due 2030 and US$600 million 12.25% Senior Second Lien Secured Notes due 2031.

Advised Maticmind (Zenita Group), a European company active in the Italian ICT sector, on the issuance of a €375 million Senior Secured Bonds due 2032.

Advised the initial purchasers on TGS ASA's high yield bond offering of US$550 million 8.50% Senior Secured Notes due 2030.

Advised Deutsche Bank, J.P. Morgan and Nordea Bank as mandated lead arrangers on a €480 million high yield bond and €180 million revolving guarantee pension facility arranged for Assemblin.

Advised the initial purchasers and lenders on the offering of €380 million Senior Secured Notes due 2028, £475 million Senior Secured Notes due 2028 and a £175.5 million super senior revolving credit facility for Pure Gym.

Advised the initial purchasers, led by J.P. Morgan and Citigroup on Seplat Energy Plc's high yield bond issuance of US$650 million 9.125% Senior Notes due 2030.

Advised the solicitation agents and dealer managers on Puma Energy's consent solicitation of its US$750,000,000 5.00% Senior Notes due 2026 and tender offer of its 5.125% U.S. dollar-denominated Senior Notes due 2024 and 2.650% Euro-denominated Amortizing Senior Notes due 2024.

Debt Capital Markets

Advised Aramco on the update of its Global Medium Term Note (GMTN) Programme and the subsequent triple-series issuance thereunder of US$2 billion 5.250% Notes due 2034, US$2 billion 5.750% Notes due 2054 and US$2 billion 5.875% Notes due 2064.

Advised Aramco on the update of its Global Medium Term Note (GMTN) Programme and the subsequent triple-series issuance thereunder of US$1.5 billion 4.750% Notes due 2030, US$1.25 billion 5.375% Notes due 2035 and US$2.25 billion 6.375% Notes due 2055.

Advised the State Treasury of the Republic of Poland, represented by the Minister of Finance, on the issuance of US$5.5 billion dual-tranche Securities and Exchange Commission registered transactions consisting of US$2.75 billion 5-year and US$2.75 billion 10-year bonds.

Advised Yapı Kredi on its offering of (i) US$600 million 8.25% 144A/Reg S perpetual fixed rate resettable Additional Tier 1 notes, (ii) US$500 million 9.743% 144A/Reg S, perpetual fixed rate resettable Additional Tier 1 Notes and (iii) US$650 million 9.25% 144A/Reg S, 10NC5 Basel III-compliant Tier 2 notes.

Advised the initial purchasers on Africa Finance Corporation's debut $500 million 7.50% perpetual hybrid bond issuance.

Restructurings

Advised Adler Group and its subsidiaries on its successful restructuring, which included amendments to the terms and conditions of certain of its bonds with an aggregate nominal amount of €3.2 billion and the provision of up to €937.5 million of new money funding.

Advised Atalian on the conclusion of a commercial agreement for the refinancing and rescheduling of its entire bond debt with a group of noteholders, which included a cash redemption of €400 million under their existing notes and a reinstatement of remaining amounts under the existing notes to be issued in the form of new euro-denominated senior secured notes in an aggregate amount of approximately €836 million.

Equity Capital Markets

Advised Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, on its AED 2.6 billion (US$725 million) initial public offering on the Dubai Financial Market.

Advised Saudi Aramco in connection with the secondary public offering by the Government of the Kingdom of Saudi Arabia of US$11.2 billion (excluding the overallotment option) of ordinary shares of Saudi Aramco.