Baker McKenzie is acting for Visa, the California-based financial services company, in connection with their investment agreement with Klarna, one of Europe’s fastest growing online payments companies.
Visa’s planned investment is part of a global strategy to open up the Visa ecosystem and support a broad range of new partners who are helping to redefine and enhance the purchase experience for millions of consumers globally.
Ashurst advised the banks on the €205 million financing for 2i Aeroporti S.p.A. and €45 million financing for its subsidiary GESAC. 2i Aeroporti S.p.A. is a subsidiary of F2i and Ardian and has a shareholding in some major Italian airports (including Milan, Turin and Bologna). GESAC operates Capodichino Airport in Naples. The amount will be used, amongst other things, to refinance the existing debt of the aforementioned companies and their subsidiary 2i Sac.
Ashurst advised Joh. Berenberg, Gossler & Co. KG (Berenberg) on the successful capital increase of SNP Schneider-Neureither & Partner AG (SNP) from authorized capital by up to 10% minus one share, raising gross proceeds of €18.74 million.
The net proceeds from the capital increase will be largely used as part of the company's inorganic growth strategy to finance the acquisitions of three South American SAP consultancy firms.
Slaughter and May advised Deutsche Bank AG, London Branch in relation to its participation in a £286,800,000 committed syndicated term credit facility for HC-One Group. HC-One Group is a healthcare management company that provides residential, nursing and specialist care for the elderly.
Contacts
Financing: Ed Fife (partner), Mark O’Connor (associate)
In the first international project finance loan to close in Argentina in more than a decade, leading international law firm Clifford Chance advised Citigroup Global Markets, Credit Suisse Securities and Export Development Canada as lenders in the structuring of a project financing for two gas-fired power projects being developed by Argentina's state-run energy company YPF Energía Eléctrica and GE Energy Financial Services.
Advising the banking pool in connection with the financing of the acquisition of CAPE by Altrad (Altrad Investment Authority) leader in scaffolding.
Advising the banking pool in connection with the financing of the acquisition of Quadran by Direct Energie
Vinge has advised Svea Ekonomi AB (”Svea”) in connection with its investment in the innovative e trading solution company Stidner Complete AB. The investment has been performed as a directed issue of new shares to Svea Ekonomi.
Stidner provides its customers with a complete cash management system, freight booking, packaging system and customer portal for e trading. Svea Ekonomi is a financial group with operations in several European countries which offers administrative and financial solutions.
Global law firm White & Case LLP advised Deutsche Bank on the sale of a non-performing loan portfolio to Itacapital S.r.l., a securitization vehicle of Kruk Group.
The White & Case team in Milan which advised on the transaction was led by partners Iacopo Canino and Gianluca Fanti together with associate Bianca Caruso.
Davis Polk advised IHS Markit Ltd. in connection with its Rule 144A/Regulation S offering of an additional $300 million aggregate principal amount of its 4.75% senior notes due 2025. The additional notes will form a single series with the $500 million aggregate principal amount of 4.75% senior notes due 2025 that IHS Markit Ltd. issued in February 2017.