Palamon Capital Partners and Corsair Capital have signed an agreement to jointly acquire control of Currencies Direct - a leading specialist provider of foreign exchange
Wragge Lawrence Graham & Co (WLG) has advised Liberum Capital Limited and Numis Securities Limited, nominated adviser and joint brokers and bookrunners to Gloo Networks Plc (Gloo) on its £30 million AIM IPO.
Rebecca Gordon, a director in WLG's corporate team led on the transaction.
Schoenherr advised EVO Payments International (EVO) on the launch of a strategic alliance with Raiffeisenbank a.s. in the Czech Republic in the segment of payment card acceptance. As a result of the partnership, all acquiring related services and responsibilities will transfer to a newly founded Czech subsidiary of EVO, “REVO”. The transaction, subject to regulatory approvals, is expected to close at the beginning of 2016.
Simmons & Simmons has been appointed as co-transaction counsel to a syndicate, arranged by Absa Bank Limited, financing two wind farms under the Renewable Energy Independent Power Producer Programme in South Africa.
The 140 megawatt (MW) Kangnas Wind Farm (Northern Cape) and the 110MW Perdekraal East Wind Farm (Western Cape) are being developed by a consortium led by global wind and solar company Mainstream Renewable Power.
Taylor Wessing has advised Cain Hoy Finance Limited, a private investment company, on a deal to forward finance the redevelopment of the iconic Shell Centre on London's South Bank. The deal marks Cain Hoy out as a significant player in the European real estate lending market and at over £550 million, is the largest property deal ever completed on London’s South Bank.
Just Retirement Group plc on its recommended all-share merger with Partnership Assurance Group plc to create a combined £1.7bn group.
Davis Polk advised The Royal Bank of Scotland Group plc (RBSG), a public limited company incorporated in Scotland, in connection with its debut SEC-registered offering of $2 billion aggregate principal amount of 7.500% perpetual subordinated contingent convertible additional tier 1 capital notes (callable August 10, 2020 and every five years thereafter) and $1.15 billion aggregate principal amount of 8.000% perpetual subordinated contingent convertible additional tier 1 capital notes (callable August 10, 2025 and every five years thereafter), together, the “Notes”.
Hogan Lovells London-based corporate team has advised J.P. Morgan Cazenove, Cenkos Securities and Oakley Capital on their placing of £251 million of new equity in Zegona Communications plc (Zegona) to global institutional investors.
The funds have been used by Zegona, together with its existing cash balances and a new term loan of approximately €270 million, to acquire Telecable, an independent cable telecoms company in northern region of Asturias, Spain, from the Carlyle Group and Liberbank for consideration of €640 million.
DLA Piper has advised a syndicate of seven mezzanine lenders, led by Ardian, on their debt for equity restructuring, which has resulted in the group of mezzanine lenders writing off their mezzanine debt for a controlling stake in the equity of the Maxeda DIY Group.
Watson Farley & Williams is pleased to announce that it has advised UK Export Finance (on behalf of itself, COFACE and Euler Hermes, as the European Export Credit Agencies), TD Bank, N.A. as ECA lender and ING Capital LLC as facility agent in relation to three financings backed by guarantees from the European Export Credit Agencies for Airbus A320 aircraft.