Addleshaw Goddard's Manchester Asset Based Lending team has advised Speedy Hire Plc, the UK's leading tools, equipment and plant hire services company, on the amendment and extension of its existing bank facilities.
Elanor Investors Group (ENN) has added to its Australian portfolio with the acquisition of three hotels via its Elanor Metro and Prime Regional Hotel Fund (EMPR).
The AU$80.6 million multi-asset managed fund, EMPR, was seeded by Ibis Styles Eaglehawk Canberra, an Elanor-owned property. The announced completions see EMPR’s portfolio expand to include the Ibis Styles Canberra and the Byron Bay Hotel and Apartments.
White & Case LLP has advised the Olympia Group on its transformation from a family-backed corporate group to a fully regulated, transparent, professionally managed global corporation with best-in-class corporate governance, corporate social responsibility, management incentivisation and shareholding structure.
Allen & Overy LLP has advised Corestate Capital Holding S.A. in connection with the uplisting of its shares from the Open Market (Freiverkehr) (Scale segment) to the regulated market of the Frankfurt Stock Exchange with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard).
Slaughter and May, Hong Kong, advised Wing Tai Properties Limited on the tap issue of an additional S$100,000,000 4.35% Senior Guaranteed Perpetual Capital Notes by its wholly-owned subsidiary, Wing Tai Properties (Finance) Limited, under its US$1 billion Medium Term Note Programme. The Notes are guaranteed by Wing Tai Properties Limited and will be listed on the Singapore Exchange.
Contacts
Roger Cheng (partner) and Jocelyn Poon (associate)
Orrick has advised intu properties plc (intu) on its joint venture with LaSalle Investment Management (LaSalle) to jointly own the intu Chapelfield Shopping Centre in Norwich, England.
LaSalle will acquire a 50 percent interest in the Centre for a net consideration of £148 million, before working capital adjustments. intu will continue to manage the Centre on behalf of the joint venture. The closing of the transaction is subject to EU merger clearance.
Skadden is representing SIGNA Holding GmbH in its $3.5 billion offer for Hudson Bay Company's German business.
Global law firm White & Case LLP has advised Autostrade per l'Italia S.p.A. on the update of its €7 billion Euro Medium Term Note Programme, issuances under which will be listed on the Irish Stock Exchange.
The White & Case team which advised on the Italian and English law aspects of the transaction was led by partners Michael Immordino (Milan & London) and Ferigo Foscari and local partner Paul Alexander (both Milan), together with associates Louise Ruggiero and Davide Diverio and lawyer Marco Sportelli (all Milan).
Taylor Wessing has advised Caledonia Investments plc (Caledonia) on its £80.6m disposal of a high profile London members club, The Sloane Club, to a JV between Queensway Group and Clearbell Property Partners.
Norton Rose Fulbright has advised ACOFI Gestion, private asset management company, on the acquisition of two wind farms in France totaling a capacity of 30MW from RES, one of the world’s leaders in renewable energy projects development. The assets consist of 15 wind turbines located in region Auvergne-Rhône-Alpes in France.
ACOFI has acquired the entirety of these two wind farms through its France Energy Transition fund dedicated to investments in renewables.