Milan: International legal practice Norton Rose has advised Banca popolare dell'Emilia Romagna S.C., Mediocredito Italiano SpA and SACE SpA – Servizi Assicurativi del Commercio Estero on a financing to Italian shipping company Marigest S.r .l ., a subsidiary of Marnavi S.p.A. (Marnavi) for the purchase of a ship (currently called the “Hull 67”), under construction at the Turkish shipyard Selah Makine ve GEMICILIK Endüstri Tic A.S.
Hogan Lovells has advised the Arab Petroleum Investments Corporation (APICORP) and Tufton Oceanic in relation to the financing for and acquisition of, five medium range petroleum product tankers for APICORP Petroleum Shipping Fund.
Allen & Overy LLP hat Deutsche Börse AG und Clearstream Banking S.A. im Zusammenhang mit einer von BNP Paribas und Commerzbank koordinierten und arrangierten Konsortialkreditlinie in Höhe von 750 Millionen Euro beraten.
Allen & Overy war mit dem Partner Dr. Neil George Weiand und Associate Dr. Urs Lewens (beide Bank- und Finanzrecht, Frankfurt) bei dieser Transaktion erstmalig im Rahmen einer Finanzierung für Deutsche Börse AG und Clearstream Banking S.A. tätig.
Lawrence Graham LLP has advised Cenkos Securities Plc ("Cenkos"), financial advisor and broker to Ithaca Energy Inc ("Ithaca"), in relation to its £203 million proposed acquisition of Valiant Petroleum Plc ("Valiant"). Valiant initiated a formal sales process on 6 September 2012 under the regime in the City Code on Takeovers and Mergers as part of its strategic review.
International law firm Ince & Co Singapore LLP together with Incisive Law LLC advised Cyprus-based Dynamic Offshore Drilling Limited, in the vessel financing, construction and delivery of its new US$205 million 350 foot KFELS B Class jack-up rig Dynamic Vision constructed at Keppel Fels Shipyard in Singapore.
Ashurst advised Iona Energy on a senior secured borrowing base facility ("BBF") for up to US$250 million with a group of three banks led by Bank of America Merrill Lynch, Lloyds TSB Bank plc, and BNP Paribas. The BBF was entered into in connection with Iona Energy's acquisition from Carrizo Oil & Gas Inc of an interest in the Huntington Oil Field.
The Ashurst team was led by energy finance partner Huw Thomas, assisted by senior associate Nick Ross-McCall and associate Grant Batten.
Hogan Lovells advised African Export-Import Bank (Afrexim) as mandated lead arranger and lender in relation to the pre-delivery and delivery financing for Kenya Airways Limited of ten Embraer E-190 aircraft and the pre-delivery financing of nine Boeing 787 aircraft and one Boeing 777 aircraft.
International law firm Clifford Chance LLP has advised VTB Capital plc ("VTB") in connection with the sale by Mikhail Prokhorov's Onexim Group of its entire interest in Polyus Gold International Limited ("PGIL").
Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has acted on behalf of PTSC Asia Pacific Pte Ltd, (a joint venture between PetroVietnam Technical Services Corporation and Yinson Holdings Berhad) on a term loan facility of up to US$300,000,000 to finance project costs in relation to the floating production, storage and offloading (FPSO) unit "PTSC LAM SON".
Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it acted as legal advisor to DVB Group Merchant Bank (Asia) Ltd and Dekabank Deutsche Girozentrale on a loan facility led by DVB’s chemical, LPG and product tanker group to refinance 16 LPG carriers. The financing was implemented following a merger by Epic Shipping and Pantheon Inc for which DVB Corporate Finance separately served as exclusive financial advisor. Both the merger transaction and associated financing involved multiple jurisdictions including Panama, Malta, the Mars