Global law firm White & Case LLP has advised the bank syndicate led by Crédit Agricole, Goldman Sachs and Morgan Stanley, as Global Coordinators and Joint Bookrunners, on Altran’s €750 million capital increase with preferential subscription rights, with which it will refinance the acquisition of Aricent.

The acquisition, which closed on March 20, 2018, enables Altran to become the undisputed global leader in the engineering and research & development services.

Gilbert + Tobin announced it has advised Goldman Sachs as arranger and underwriter of a senior term loan, and Westpac and CBA as super senior revolving credit facility lenders in relation to the Infigen Energy Group’s refinancing by way of a 5-year A$605 million syndicated facility agreement.

CMS* has advised ING, one of its key clients, in connection with a bilateral $30 million revolving facilities to Astarta group for their export operations. Astarta is one of the leaders in sugar and agricultural production and one of the biggest industrial milk producers in Ukraine ensuring its efficiency through the use of the best high technologies. The financing included $25 million pre-export revolving loan facility and $5 million multicurrency uncommitted guarantee/ letter of credit issuances revolving credit facility, both extended for a three years term.

Ashurst has advised Blackstone on its A$508 million acquisition of the ASX listed AMA Group Limited (AMA). Ashurst also advised Blackstone on the debt facilities put in place to finance the proposed acquisition.

AkzoNobel, a leading global paints and coatings company and major producer of specialty chemicals, announced the sale of 100% of its specialty chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. Milbank is representing the lead arrangers and underwriters, including Barclays, HSBC, JPMorgan, Citigroup, Credit Suisse, Deutsche Bank, RBC, UBS and others in providing the debt financing to support Carlyle and GIC’s acquisition.

Ashurst once again advises on Capvis deal - finance investor acquires Amann Girrbach Group

Linklaters have advised as Saudi Arabia has expanded its $10billion international loan to raise $16billion, one of the largest financings in the Middle East to date. Linklaters and Zamakhchary & Co, Linklaters relationship firm in the Kingdom, advised the arrangers on the deal, which introduced a sharia compliant tranche alongside the conventional loan facility.
 
Omar El Sayed at Linklaters, said:

Leading Global Law Firm Baker McKenzie advised Credit Suisse (Switzerland) Ltd. as mandated lead arranger and bookrunner, agent, security agent and original lender and a syndicate of banks on their up to USD 150 m senior secured multicurrency revolving credit financing for SR Technics Switzerland AG. The Baker McKenzie team was led by partner Lukas Glanzmann (Banking & Finance) and included associates Markus Wolf (Banking & Finance) and Andrea Bolliger (Tax).

Slaughter and May advised Rolls-Royce plc on the amendment and extension of its standby revolving credit facilities provided by a large syndicate of international finance institutions including, amongst other things, an increase of the total commitments from £1,500,000,000 to £2,500,000,000.

Contacts

Ed Fife (partner), Saffiya Haddad (associate)

Global law firm White & Case LLP has advised Deutsche Bank Luxembourg, as agent, on the amendment and extension of the existing secured credit facility for Heidelberger Druckmaschinen AG, the Germany-based world market leader for offset printing presses and specialist in printing products and services.