Slaughter and May advised Deutsche Bank A.G., London Branch, Qatar National Bank S.A.Q. and Emirates NBD Bank P.J.S.C. as initial mandated lead arrangers in connection with a US$1,030,000,000 secured syndicated term loan facility for Saudi Oger Limited and Oger Middle East (Holding) Limited as borrowers under the facility. The facility has a tenor of four years and is secured over certain Jordan-based assets held by the borrowers.

Slaughter and May advised Close Brothers Limited, a UK bank, in connection with the renewal of its £75m bilateral revolving credit facility provided by The Royal Bank of Scotland Plc. The facility has an initial tenor of one year, subject to an option for Close Brothers to request an extension of the facility for an additional period of six months.

Contacts

Financing: Miranda Leung (partner), Harry Bacon (associate); Tax: Mike Lane (partner), Owen Williams (associate)

The banking team at law firm Pannone has advised on the £6m management buyout of Winder Power Limited.

The Leeds-based company, which manufactures power distribution and generation equipment, is now owned by its management team, led by managing director Laurence MacKenzie, operations director Andy Pinkney, general manager Paul Matthews and finance director Jo Evans.

The deal was backed by fund manager Enterprise Ventures and Bank of Ireland UK.

Osborne Clarke is advising finnCap Limited in its capacity as financial adviser to Spadille Limited (a wholly-owned subsidiary of Abu Dhabi Capital Management LLC) on its £26m recommended mandatory cash offer for Northacre plc.

The Osborne Clarke team is being led by corporate finance partner, Jonathan King.

http://www.osborneclarke.co.uk/media/sectors/financial-services/2013/os…

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it advised DVB Group Merchant Bank (Asia) Ltd (“DVB”) and China Development Bank, as co-lenders who financed the acquisition, on a US$358.6 million sale and leaseback transaction of a portfolio of maritime containers for China Shipping Container Lines (“CSCL”) and CDB Leasing (“CDBL”).

The portfolio of containers represented approximately 20% of the containers owned by CSCL as at 31 December 2011.

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised both export finance bank KfW IPEX-Bank and The Export-Import Bank of China on a US$75m term loan facility to J. Lauritzen A/S.

The loan will be used to part-finance the acquisition of three 50,200 dwt chemical/product oil tankers under construction at Guangzhou Shipyard, China and for delivery to J. Lauritzen A/S's product tanker group. 

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised CHC Helicopter on an operating lease facility of up to US$202m with Milestone Aviation, for up to 12 helicopters (including Sikorsky, Eurocopter and AgustaWestland helicopters), its third facility with Milestone.

Slaughter and May advised the European Investment Bank ('EIB') on the amendment and restatement of a EUR 200 million term loan to Vestas Wind Systems A/S ('Vestas').

L'entité bancaire du constructeur automobile français PSA Peugeot Citroën, la Banque PSA Finance, a signé le 11 janvier 2013 un prêt à terme d’un montant total de 4.099.000.000 euros d'une durée de cinq ans et un crédit renouvelable forward start facility d’un montant total de 1.216.000.000 euros d'une durée de 3 ans.

International law firm Berwin Leighton Paisner (BLP) has advised CIT Aerospace & Defense Finance part of CIT Group Inc., a global leader in transportation finance, on a US$125m credit facility to UK based aviation spares specialist A J Walter Aviation (AJW).

The senior secured credit facility will be used to support spare parts acquisitions to service AJW’s rapidly growing customer portfolio and on-going growth objectives.