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Finance & Banking

Clifford Chance advises a syndicate of banks on financing the first Biomass Plant in Argentina

22 Nov 2018

International law firm Clifford Chance has advised a syndicate of banks consisting of CIFI (lender and arranger), Banco Ciudad de Buenos Aires, Banco Itaú Argentina and Compañía Española de Financiación del Desarrollo COFIDES in connection with the financing of an 18 MW Biomass Plant located in the province of Corrientes, Argentina, using a multijurisdictional team of lawyers coordinated from Madrid and led by José Guardo, head of the Spanish Banking and Finance practice area, and Epifanio Pérez, partner of the Banking and Finance practice ar

Cowen to Acquire Quarton International

21 Nov 2018

Willkie represented longtime client Cowen Inc. in its agreement to acquire Quarton International, a leading global financial advisory company serving the middle market.

On November 20, Willkie client Cowen Inc. (NASDAQ:COWN) and Quarton International AG (and affiliated Quarton entities) announced the signing of a definitive agreement under which Cowen will acquire privately held Quarton International, a leading global financial advisory company serving the middle market. The transaction is expected to close by January 2, 2019.

King & Spalding Advises JBIC and ADB on Financing for 2,500MW Power Plant in Thailand

21 Nov 2018

King & Spalding represented the Japan Bank for International Cooperation and Asian Development Bank (ADB) on project finance facilities for the 2,500MW Gulf SRC Gas-Fired Combined Cycle Power Plant Project in Thailand that signed on 2 November 2018. JBIC and ADB were the largest lenders each lending $227 million out of an overall co-financing amount of approximately $1.299 billion.

Clifford Chance advises underwriters on EUR 1.8 billion debut bond issuance by Logicor

21 Nov 2018

International law firm Clifford Chance acted as counsel to the underwriters in connection with the issuance by Logicor, the largest direct owner of logistics property in Europe, of three tranches of senior unsecured guaranteed notes.

The €1.8 billion transaction represents Logicor's debut bond offering and is believed to be the largest euro-denominated debut trade by a real estate company.

Clifford Chance has advised on bond issues by other real estate companies in the last 12 months including for Blackstone Property Partners, Prologis and Atrium.

Dentons advises Islamic Development Bank on First Public Euro-Denominated Trade

21 Nov 2018

Dubai—Dentons advised Islamic Development Bank (IsDB) on the issuance of EUR650 million Trust Certificates due 2023 under its US$25 million Trust Certificate Issuance Programme, which was previously updated by IsDB and IDB Trust Services Limited on 7 June 2018. The Firm has regularly advised IsDB on the issuance of debt securities denominated in US dollars in the past, and this transaction represents IsDB's first public Euro-denominated trade under their Sukuk programme. The transaction was successfully completed on 7 November 2018.

Norton Rose Fulbright advises on the financing for the construction of the first eco-friendly Ro/Ro Pax ferry to sail the Mediterranean

21 Nov 2018

Global law firm Norton Rose Fulbright has advised a consortium of banks including UniCredit SpA, Mediocredito Italiano SpA and Banca IMI SpA on the financing to Italy’s Caronte & Tourist SpA for the construction of a new Ro/Ro Pax ferry. The vessel, named Elio, is the first liquefied natural gas (LNG) powered ferry to sail the Mediterranean.