Freeths London corporate team has advised the shareholders of London-based mortgage broker Charles Cameron & Associates Limited (“CCA”) on its sale to private equity firm, Lonsdale Capital Partners (“Lonsdale”). Following the transaction, Lonsdale will hold a majority investment in CCA.
Allen & Overy advised the lenders on the financing of the 25-year Public Private Partnership (PPP) concession for the running and maintenance of Belgrade airport by VINCI Airports, the upgrade of its terminals and runways and the takeover of the concession’s operation.
Global law firm White & Case LLP has advised Deutsche Pfandbriefbank AG (Pfandbriefbank) as lender, lead manager and mandated lead arranger on the granting of a €500 million loan for Vonovia SE.
The loan has a term of ten years and will be issued in equal parts by Pfandbriefbank and Landesbank Baden-Württemberg. The loan is secured by a residential portfolio in Dresden with a total lettable area of approximately 800,000 square meters, consisting of around 13,400 residential units and over 200 commercial units. The portfolio is almost fully let.
International law firm CMS has advised a group of lenders led by Allied Irish Bank (GB) (“AIB”) as Agent and Structuring Bank on the £120m refinancing of two biomethane anaerobic-digestion (AD) facilities (and its related feedstock business) in Cambridgeshire, England. AIB led a syndicate of seven other lender entities.
Katten and Katten UK assisted FinTech company Capify in its efforts to secure a multimillion-pound credit facility from Goldman Sachs to support Capify's growth in the UK and Australian markets. Capify is an online lending platform specializing in merchant cash advances (MCA) for small- and medium-sized businesses (SMEs).
Clifford Chance represented the lenders – Corporación Andina de Fomento (CAF), Banco de Inversión y Comercio Exterior S.A. (BICE) and Banco de la Ciudad de Buenos Aires – in the financing of the 100.1 MWp PV plant being developed by Canadian Solar in the Province of Salta, Argentina. The Cafayate project was awarded during RenovAr 1.5, the second clean energy auction arranged by the Argentine government to promote the use of renewable energy in the country. It is the first solar project developed in the Province of Salta.
DWF's Debt Capital Markets team has advised Linklease Finance Plc in its capacity as issuer on its US$500,000,000 Medium Term Note bond program.
The first 2018 series of Bonds for an amount of US$50,000,000 was issued by Linklease on 20 December.
The Bonds are listed on the Frankfurt exchange with a rating of A(sf) (ind) from ARC Ratings.
Watson Farley & Williams (“WFW”) advised BPER Banca S.p.A. (“BPER”) on the up to US$8m+ financing to Augustea Navigation S.r.l. to refinance its acquisition of a bulk carrier built in 2010 under an Italian flag.
BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna S.C., is a commercial and co-operative bank and the parent of the BPER Group, one of Italy’s leading banking groups. The group focuses primarily on small and medium enterprises with a strong international client base.
Dentons' Banking and Finance team in Warsaw advised Santander Bank Polska S.A. on a EU42 million and PLN 60 million financing granted to Galtair, a special purpose vehicle controlled by ISOC Group, for the acquisition of Silesia Business Park C and D office buildings from Skanska.
The subject of the sale agreement between ISOC and Skanska consisted of two new Class A office buildings with leasable area of more than 24,000 sq.m. located in the rapidly developing business district in Katowice (Poland).
Watson Farley & Williams (“WFW”) advised UniCredit S.p.A. (“Unicredit”) on the long-term project financing, through its Infrastructure & Power Project Finance division, of the Bel Lavello wind park, located in the southern Italian region of Basilicata. As part of the project, 12 3.3 MW wind turbines (for a total installed capacity of 39.6 MW) manufactured by Denmark’s Vestas Group are to be installed. The park was connected to the grid on 24 December 2018.