DLA Piper has advised BNP Paribas, Commerzbank and SACE in a €55,200,000 medium-term, multi-obligor, financing for the major Italian contractor, Tenova S.p.A.. One of the two credit facilities made available under the financing, is partially covered by an internationalisation guarantee issued by SACE, the Italian Export Credit Agency.
Global legal practice Norton Rose Fulbright has advised J.P. Morgan and Numis as joint bookrunners and corporate brokers on The UNITE Group plc's £51.2 million fundraising.
The transaction, which involved a cash box placing to existing and new institutional investors, was announced on June 13, 2013 and dealings in the new shares commenced today, June 18.
International law firm Freshfields Bruckhaus Deringer has advised a consortium of banks on the establishment of ParFX, a new spot FX trading platform, in conjunction with leading global interdealer broker Tradition
The consortium of banks included Barclays, BNP Paribas, Deutsche Bank, Morgan Stanley, Nomura, Royal Bank of Canada, SEB, Standard Chartered, The Bank of Tokyo-Mitsubishi UFJ and UBS.
Allen & Overy LLP is advising Co operative Group Limited (the Group) and The Co operative Bank plc (the Bank) on the comprehensive plan announced yesterday to generate capital for the bank and provide stability.
The Group has agreed to support the capital requirements which will involve:
* An Exchange Offer to investors in the Bank’s subordinated capital securities. At least GBP1bn of Common Equity Tier 1 capital will be generated in 2013 from the Exchange Offer.
Trowers & Hamlins has advised Bahrain-based Islamic lender Venture Capital Bank (VCBank) on its acquistion of Mayfair Chambers, a prime boutique, new-build, freehold residential development in one of the most famous district in Central London. The acquistion marks the bank's first real estate transaction outside the Middle East and North Africa region.
A&O advises on USD9bn Nghi Son Refinery deal, the largest international project financing the country has seen in over 20 years.
Further highlighting our reputation as one of the top go-to firms in the region, A&O is advising the export credit agencies and commercial lenders on the USD5bn financing of the Nghi Son Refinery and Petrochemical (NSRP) project in Vietnam. Total project costs are in excess of USD9bn.
Nabarro is advising existing client Numis Securities on a £25.5 million placing to raise additional capital for AIM-traded Retroscreen Virology.
Slaughter and May, working with Cravath, Swaine & Moore LLP, advised INEOS Finance plc and INEOS US Finance LLC on the repricing of its existing term facilities and the raising of an additional EUR350 million and US$640 million of term loans. The proceeds of the new term loans were used to, amongst other things, redeem INEOS Finance plc’s senior secured notes due 2015.
Clifford Chance advised Commerzbank AG on the sale of the Gallileo building in Frankfurt. The purchaser is a consortium of South Korean institutional investors advised by IVG Institutional Funds. The Gallileo complex opened in 2004 and is 136 metres high. The total amount of leasable floor space available is around 40,000 m^2. The parties have agreed not to disclose any details of the purchase price. This transaction also appears to be the first club deal on the German property market involving Korean investors.
National law firm, Irwin Mitchell, has advised Lloyds Bank Commercial Banking on a new £20m revolving credit facility which it is providing for housing company, MJ Gleeson Group.
Founded in Sheffield more than 100 years ago, MJ Gleeson will use the facility to help it accelerate its growth plans and take advantage of renewed confidence in the housing market.