Ashurst advised independent asset manager Pemberton Capital Advisors LLP on the financing of the acquisition of Desotec, a leading European mobile filtration technology provider based in Belgium, by EQT VII, a fund which is part of alternative investments firm EQT.

Pemberton provided the financing in the form of a second lien loan. Desotec was sold by private equity firm AAC Capital Partners and other minority owners. The parties have agreed not to disclose the transaction value.

A cross-border Orrick team of lawyers in Paris, London, Munich and Beijing advised European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), Denmark’s Export Credit Agency EKF and German bank Nord/LB on the $120 million debt and equity financing of a 54MW onshore wind farm in the Sainshand region, Mongolia.

Slaughter and May is advising Arrow Global Group PLC on the acquisition of Mars Capital's leading U.K. and Irish mortgage servicing business for an enterprise value of £15.5 million. Founded by Alex Forrester and Matt Gilmour, Mars Capital is a portfolio company of funds managed by Oaktree Capital Management. At the same time, Arrow is entering into a strategic partnership with Oaktree in the U.K. and Republic of Ireland.

Contacts

Clifford Chance advised a syndicate of five Brazilian lenders – Banco do Brasil S.A., Banco ItauUnibanco, Banco Santander (Brasil) S.A., Banco Bradesco S.A. and Banco Indusval S.A. – in a US$235 million debt restructuring of the Unigel Group, a leading Latin American petrochemical and plastics company ("Unigel").

International law firm Simmons & Simmons continues to advise on cutting edge payment platform projects and the emerging regulation of payments. The Middle East TMT team, led by partner Raza Rizvi and senior associate Neil Westwood, advised Mercury Payments Services LLC (Mercury) on the phased roll out of an innovative payment service through cards issued by the Roads and Transport Authority of Dubai (RTA).

De Brauw has advised Aon Groep on its acquisition of Unirobe Meeùs Groep.

Aon Groep Nederland announced on 8 August 2017 that it has entered into an agreement to acquire Unirobe Meeùs Group (UMG) from Aegon for EUR 295 million. The transaction is subject to works council advice and approval by the ACM and AFM, and is expected to close in the fourth quarter of 2017.

Once the transaction is completed, Aon will be the leading insurance broker and risk advisor in all business-to-business market segments in the Netherlands.
Other advisors

Allen & Overy represented Goldman Sachs Bank USA (GS Bank), as administrative agent, and GS Bank, JPMorgan Chase Bank, KeyBanc Capital Markets Inc. and UBS Securities LLC, as lead arrangers, on the collective $315 million refinancing and dividend recapitalization by Sundial Group LLC, a portfolio company of Bain Capital Private Equity. The new credit facility consists of a $280 million term loan and $35 million revolving credit facility.

SZA Schilling, Zutt & Anschütz has advised Oldenburgische Landesbank on the public takeover offer of Bremer Kreditbank.

DLA Piper has advised Mitsubishi UFJ Financial Group (MUFG) on the financing of the 39.1Mw Tom Nan Clach CfD windfarm project in Scotland by Nanclach Limited, an entity managed and operated by Belltown Power Limited.

This is the second CfD supported on-shore windfarm financing that DLA Piper's Energy sector has closed in quick succession, following Nord/LB's project financing of the Coire Na Cloiche windfarm in Scotland at the end of July.

Allen & Overy represented Goldman Sachs Bank USA (GS Bank), as administrative agent, and GS Bank, JPMorgan Chase Bank, KeyBanc Capital Markets Inc. and UBS Securities LLC, as lead arrangers, on the collective $315 million refinancing and dividend recapitalization by Sundial Group LLC, a portfolio company of Bain Capital Private Equity. The new credit facility consists of a $280 million term loan and $35 million revolving credit facility.