Linklaters

📢 A team led by Elaine Keats and Sirae Chen has advised The World Bank on the issuance of its nine-year US$225m, principal-protected Amazon Reforestation-Linked Bond – the largest World Bank outcome bond ever. 🌲 The bond will provide investors with a coupon that includes a fixed guaranteed component and a variable component linked to the generation of Carbon Removal Units from #reforestation projects in the #Amazonrainforest regions of Brazil. It is the first bond linking investors’ financial return to the removal of carbon from the atmosphere, differing from past transactions linked to the sale of #carboncredits from avoided emissions. 💬 Elaine Keats commented: "The Amazon Reforestation-Linked Bond marks a milestone in aligning private capital with tangible environmental and socioeconomic change. We are pleased to have supported the World Bank on another innovative bond which goes beyond traditional structures to create substantial mutual benefits among financial markets, environmental goals, and community development." Read more on our website 👉 https://lnkd.in/efv6aJTM

📢 A team led by Esteban Arza, Elena Rodriguez Fernández, Oliver Sceales and Alejandro Meca has advised The Carlyle Group on a 60% majority acquisition of Catalan technology consultancy company SEIDOR. This is a significant deal for the technology and fund sectors, especially in the current M&A environment. Read more on our website 👉 https://lnkd.in/eXx6Se-W

A warm welcome to Magnus Wennerhorn who joins as our Head of Banking & Finance in Sweden! Magnus brings a wealth of experience to our Stockholm office and global #banking practice, significantly bolstering our leveraged finance offering for clients navigating this evolving market. Follow our Linklaters Sweden showcase page for more updates from our Stockholm office.

📢 A team led by Tracey Lochhead, Georgina Kon, Raza Naeem and Sam Lintonbon has advised Schroders on the establishment of a joint venture with Phoenix Group, creating a new private markets investment manager, Future Growth Capital ("FGC"), which will provide long-term financing for innovative, growing businesses, helping to create jobs and boost the UK economy. FGC will be the first private market investment manager to be established in the UK to support the objectives of the UK’s Mansion House Compact, unlocking investment opportunities in private markets for millions of new pension savers to benefit from the diversification and investment return opportunities that unlisted assets can offer. Read more on website 👉 https://lnkd.in/epQZiJnn

📢 A team led by Derek Tong and Matthew Devey has advised Carrier on the sale of its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of US$3 billion. The sale marks a critical milestone in Carrier’s portfolio transformation, following the acquisition of Viessmann Climate Solutions in January and the successful divestitures of its Industrial Fire and Global Access Solutions businesses, all of which we also advised on. Read more on our website 👉 https://lnkd.in/ec5PwKdR

📢 A team led by Carmen Burgos and Genna Marten has advised Hg on its investment in CTAIMA and e-coordina, creating an industry defining regulatory compliance and risk platform in Iberia and marking a pivotal step in the combined group’s mission of continued growth and expansion into new countries across Europe, enhancing its product offering - including the integration of GenAI - and reinforcing CTAIMA’s position as a leading provider of environmental, risk and safety management software. Read more on our website 👉 https://lnkd.in/dimn3Bsz

✨ We have been named among the Top 10 nominees for Outstanding Employer in the 2024 Ethnicity Awards, held by Investing in Ethnicity, alongside our Black Diversity Council, which has also been recognised in the Network Group category. These nominations are a testament to our dedicated efforts in enhancing race & ethnicity representation and cultivating an inclusive environment for our minority ethnic colleagues. By setting clear targets, fostering an inclusive culture, and holding ourselves accountable as outlined in our 2020 Race Action Plan, we continue to take proactive and sustained action to make change happen. Learn more about our Race Action strategy here 👉 https://lnkd.in/eKMwgFRt #EthnicityAwards2024

📢 A team led by Reza Taylor and Tom Watkins has advised Universities Superannuation Scheme (Ltd) on its acquisition of more than 3,000 shared ownership homes from Sage Homes for £405m, established by funds managed by Blackstone and Regis Group. 🏡 The £405m transaction marks the largest acquisition of a portfolio of #sharedownership homes since the creation of the shared ownership scheme in 1990 and represents a major investment into the sector by one of the UK’s largest institutional investors. Read more on our website 👉 https://lnkd.in/eVNG5MmX

📢 A team led by Sushil Jacob, Namrata Shah and Amit Singh has advised long-standing client Bharti Global, the international investment arm of Bharti Enterprises (a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications), on its acquisition of a c.24.5% interest in BT Group from Altice Group UK. 💬 Amit Singh said: "We are delighted to have advised Bharti Global on this landmark transaction for them. The deal showcases Linklaters’ ability to deliver a seamless cross-practice and cross-geography service on a deal of such importance for our client. The team was able to draw on Linklaters’ technical expertise across various practice areas and provide Bharti Global with a full-service offering that helped them meet their commercial needs." Read more on our website 👉 https://lnkd.in/ezV6J8kq

📢 Our cross-jurisdictional M&A team in the UAE and UK, led by Nicholas Edwards, Chris Boycott and Claire Neil, is advising Platinum Ivy, as part of a consortium which also comprises CVC Private Equity Funds and Nordic Capital, on its recommended £5.4bn cash #acquisition of Hargreaves Lansdown. Find out more here 👉: https://lnkd.in/eJDgjFzp