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Slaughter and May has advised Cathay Pacific Airways Limited on the annual update of the US$2 billion Medium Term Note Programme. Cathay Pacific Airways Limited on the annual update of the US$2 billion Medium Term Note Programme. Slaughter and May has advised the MTR on the operational and financial arrangements for the US$10.7 billion XRL MTR on the operational and financial arrangements for the US$10.7 billion XRL Slaughter and May advised Prudential plc on a consent solicitation made to various bondholders Prudential plc on a consent solicitation made to various bondholders Slaughter and May advised Sands China Ltd. in relation to its issue of US$5.5 billion senior notes Sands China Ltd. in relation to its issue of US$5.5 billion senior notes Slaughter and May advised Alibaba on its cornerstone investment in China Tower Alibaba on its cornerstone investment in China Tower Slaughter and May is acting for the independent directors of Arsenal Holdings PLC in connection with the all-cash offer by KSE, UK, Inc. for the shares of Arsenal not already owned by KSE Arsenal Holdings PLC in connection with the all-cash offer by KSE, UK, Inc. for the shares of Arsenal not already owned by KSE Slaughter and May is advising Countrywide plc on its capital refinancing plan Countrywide plc (‘Countrywide’) on its capital refinancing plan (‘Capital Refinancing Plan’) Slaughter and May advised the Kuwait Foreign Petroleum Exploration Company in relation to its new US$1,100,000,000 credit facility Kuwait Foreign Petroleum Exploration Company K.S.C. in relation to its new US$1,100,000,000 credit facility Slaughter and May is advising Glenveagh Properties PLC in connection with its firm placing and placing and open offer Glenveagh Properties PLC in connection with its firm placing and placing and open offer Slaughter and May advised Marks & Spencer on the launch of Founders Factory Retail Marks & Spencer on the launch of Founders Factory Retail