Reed Smith has advised a syndicate of 14 banks on the signing of a facilities agreement providing €420,000,000 and $380,000,000 term facilities to Türk Telekom, Turkey’s leading communication and convergence technologies company.

The transaction closed on 20 November 2015.

The matter was led by Fernand Arsanios (partner) and Ben Davis (partner) and included Thierry Pujol d’Andrébo (associate).

Norton Rose acted for Türk Telekom (Ali Triptree (partner) and Alex Zekkos (associate)).

Atlantica Tender Drilling Ltd. did on Friday 11 December take delivery of "Atlantica Delta", a semi-submersible tender assist support unit with integrated drilling package, from Dalian Shipbuilding Industry Offshore Co. Ltd. "Atlantica Delta" is destined for a term contract in the Congo with Total alongside the Moho Nord TLP.

Noerr advised ODDO SEYDLER BANK AG on the successful IPO of Deutsche Konsum Grundbesitz AG on the regulated market of the Berlin stock exchange. ODDO SEYDLER acted as Listing Agent in the transaction.

Since yesterday, all of the 15,091,235 shares are traded. The shares were admitted to trading in a technical listing. The main shareholder is Obotritia Capital KGaA.

Deutsche Konsum Grundbesitz AG specialises in purchasing, managing and leasing retail properties in regional and medium-sized centres. The company aims at REIT status an.

Ashurst advised DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, NIBC Bank N.V., SEB AG and Berliner Volksbank eG on financing the acquisition of Berliner kfzteile24 GmbH (kfzteile 24) by EQT Mid Market Limited Partnership (EQT Mid Market), a part of the EQT private equity group. The sellers are the founders of the company, Matthias Kieper and Torsten Hainke. Both remain significant shareholders of kfzteile24 and continue their functions as co-CEOs.

Freshfields Bruckhaus Deringer has advised a consortium of underwriters on the IPO of China Energy Engineering Corporation Limited (China Energy Engineering), which commenced trading on the Hong Kong Stock Exchange on 10 December 2015.

Freshfields advised a consortium of companies, in their capacity as underwriters and sponsors, on both the Hong Kong and US aspects of the US$1.8bn listing.

China Energy Engineering provides specialist design, construction, and operational support to the Chinese power sector.

Shearman & Sterling advised Piraeus Bank S.A.

Squire Patton Boggs has advised Raiffeisen Bank International AG Vienna on a €25 million multi-jurisdictional factoring transaction for Lasselsberger, s.r.o. and LB Minerals, s.r.o.

A cross-border team from Squire Patton Boggs’ offices in Frankfurt, Bratislava, Prague, Paris and Warsaw advised on the Czech, French, German, Slovak and Polish law aspects of the sale and servicing arrangements for a portfolio of trade receivables originated by Lasselsberger, a leading European producer of raw materials, building materials and ceramic tiles.

Slaughter and May advised Close Brothers Limited in connection with its £150,000,000 syndicated revolving facility agreement arranged by HSBC plc, Lloyds Bank plc and Societe Generale, London Branch, with Lloyds Bank plc acting as agent.

CONTACTS

Miranda Leung (partner), Harry Bacon (associate), James Costi (associate)

Travers Smith LLP has acted on the acquisition of Everyday Loans Holdings Limited, a branch based non-standard consumer lending business, by Non-Standard Finance plc (NSF) from Secure Trust Bank plc, the retail bank of Arbuthnot Banking Group.  Travers Smith advised long-standing clients The Royal Bank of Scotland plc and Shawbrook Bank Limited, who (in conjunction with Secure Trust Bank plc) will provide debt facilities to certain members of the NSF Group as part of the acquisition.

Macfarlanes has advised RBS on an innovative structure and agreements with Hermes Investment Management, M&G Investments and AIG Asset Management to co-fund loans of up to £100m for medium-sized businesses.

These agreements enable, for the first time, mid-market companies owned by private equity sponsors to borrow up to £100m in a single transaction co-funded by all four lenders.