Global law firm Linklaters acted as lead counsel to Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd. and Mizuho Bank, Ltd. as Mandated Lead Arrangers on the 600 billion yen senior facilities for Bain Capital’s acquisition of Toshiba Memory, the world’s second-largest producer of NAND flash memory chips.
Davis Polk advised Valeant Pharmaceuticals International, Inc. (“Valeant”) and Valeant Pharmaceuticals International in connection with a $4.565 billion senior secured term loan and $1.225 billion senior secured revolving credit facility. The proceeds of the secured term loan were used to refinance Valeant’s existing secured term loan facility. The secured revolving credit facility will be used for general corporate purposes.
Ashurst advised the European independent private investment management fund Capzanine and commercial bank NIBC Bank Deutschland AG on the financing of the acquisition of a majority stake in Magix, leading provider of software for the editing of video and music content as well as photographs, by Capiton. While Capzanine provided a second out senior term loan – its first debt investment in Germany - NIBC supported the transaction with a first out senior term loan and revolving facilities.
Shearman & Sterling advised PINOVA Capital on the financing of the acquisition of Sauter Federn GmbH, a leading producer of technical springs.
Sauter Federn, headquartered in Furtwangen, Germany, has specialized in designing and manufacturing customized spring solutions for more than 80 years.
Global law firm White & Case LLP has advised CVC Capital Partners (CVC), one of the world's leading private equity and investment advisory firms, on the €1.01 billion senior and second lien loan financing for the acquisition by lead investor CVC Fund VII and a consortium of Finnish institutions including LocalTapiola, Varma and Ilmarinen, together with the management of Mehiläinen, of leading Finnish private healthcare and social care provider Mehiläinen.
Shearman & Sterling advised capiton on the financing of the acquisition of a majority stake in Magix Software, a leading developer and provider of software for video, music and photo editing.
capiton is an independent private equity company with more than €1.1 billion funds under management, focusing on management buyouts and growth financing for medium-sized companies in Germany, Austria and Switzerland.
Dentons has advised PFNonwovens Inc., a member of the Prague-based R2G Rohan nonwovens group, in connection with its entry into an agreement to acquire First Quality Nonwovens Inc. and First Quality Nonwovens (Wuxi) Co., Ltd., leading US and China manufacturers of nonwovens for consumer, health care and industrial products. Dentons also advised PFNonwovens and the R2G Rohan group on the financing of the acquisition, which is being provided by Ceskoslovenska obchodni banka, a. s. (CSOB) and KBC Bank N.V., New York branch.
Cleary Gottlieb represented La Financière ATALIAN (Atalian) in its acquisition of 100 percent of Servest Limited (Servest UK), a leading provider of facility management services in the United Kingdom, and its subsidiaries.
Cleary also represented Atalian in its offering of €350m 5.125 percent senior notes due 2025 and £225m 6.625 percent senior notes due 2025 and a related €594m bridge-to-bond facility.
Transaction represents the largest ever takeover by a Japanese company.
Latham & Watkins is advising JPMorgan Chase Bank N.A., Sumitomo Mitsui Banking Corporation, and MUFG Bank, Ltd. as joint lead arrangers and joint bookrunners of the US$30.85 billion bridge credit facilities (and related loan and securities matters) entered into by Takeda Pharmaceutical Company Limited (Takeda) to part fund the acquisition of the entire issued and to be issued ordinary share capital of Shire plc (Shire).
Ashurst advised longstanding client ICG, the FTSE 250 listed specialist asset manager, on new syndicated revolving credit facilities totalling £500m. The lender syndicate comprises nine of ICG's core relationship lenders.
The new facilities have been put in place to refinance a suite of existing bilateral debt facilities and for general corporate purposes of the Group.
The Ashurst team was led by banking partner Nicholas Moore, assisted by associate Elizabeth Street-Thompson.