Tite & Lewis (Tamara Box) advised on underwriters and arrangers Credit Suisse First Boston and Dresdner Bank on a £144m securitisation of consumer loans, rental leases and equipment leases. The originators BPN Créditus, BPN Rent and BPN Leasing advised by Abreu Cardigos & Associados.
Cleary Gottlieb Steen & Hamilton (Christoph von Dryander) advised Deutsche Bank and Deutsche Bank Finance on a o2.8bn (£1.75bn) ex-changeable bond issue into Novartis shares. Novartis advised by Shearman & Sterling on US law and Bär & Karrer on Swiss law. Homburger advised the banks on Swiss law.
Davis Polk & Wardwell (Marlene Alva, Andrés Gil) advised Instituto de Crédito Oficial on a $1.5bn (£1.05bn) bond issue guaranteed by the Kingdom of Spain. Lead managers Credit Suisse First Boston and Salomon Smith Barney advised by Clifford Chance.