The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Lovells' Tokyo office has acted for longstanding client Softbank Group on its refinancing of its acquisition of Vodafone Japan.
The firm advised Softbank on the £6.4bn refinancing, by way of securitisation, of its £8.9bn leveraged buyout of Vodafone Group's Japanese business, which was completed earlier this year.
This instruction is the culmination of an existing client relationship between Lovells and Softbank. Earlier this year the firm bagged the lead role advising Softbank on its acquisition of Vodafone Japan, now Softbank Mobile.
Lovells Tokyo managing partner and head of securitisation Tim Lester, who led on the deal, told The Lawyer: "This transaction is especially important for our client because, in the rapidly evolving telecommunications industry, entitites need means of raising finance quickly as well as having sufficient operational flexibility to meet the changing market.
"We had to have a structure which provided flexibility, but also gave the funders sufficient comfort."