Shearman & Sterling advised a consortium of banks led by Landesbank Baden-Württemberg and Bayerische Landesbank on a financing transaction for Hirschvogel Automotive Group. The credit facility has a volume of €400 million.
Burges Salmon advised HSBC Bank and Bank Leumi (UK) on funding for £125m revolving credit facility to Audley Group.
Burges Salmon has advised HSBC Bank and Bank Leumi (UK) on a £125m revolving credit facility to Audley Group to refinance existing facilities with AIG, Bank Leumi and Coutts and to fund existing and future developments of Audley Group's retirement villages.
Slaughter and May advised Redrow plc on the amendment and extension of its existing unsecured revolving credit facility. The facility was extended to 31 December 2022. The participating banks are Barclays Bank Plc, Lloyds Bank plc, The Royal Bank of Scotland plc, Santander UK plc, Svenska Handelsbanken AB and HSBC Bank plc.
Contacts
Financing: Edward Fife (partner), Andrew Chaplin (associate), Kesten Laverty (trainee)
Burges Salmon advised HSBC Bank and Bank Leumi (UK) on funding for £125m revolving credit facility to Audley Group.
Burges Salmon has advised HSBC Bank and Bank Leumi (UK) on a £125m revolving credit facility to Audley Group to refinance existing facilities with AIG, Bank Leumi and Coutts and to fund existing and future developments of Audley Group's retirement villages.
Ashurst advised Commerzbank, Landesbank Baden-Württemberg, Bayerische Landesbank and Raiffeisenlandesbank Oberösterreich on financing the acquisition of BFC Fahrzeugteile GmbH (BFC) by funds advised by Triton. BFC is one of the global market leading suppliers of metal-based clamping profiles for the automotive industry and a technology leader in its field. The company operates manufacturing sites in Germany, China, Turkey and the US. The Triton funds acquired BFC from ii invest Holding GmbH and Daisho GmbH.
Ashurst advised Commerzbank, Landesbank Baden-Württemberg, Bayerische Landesbank and Raiffeisenlandesbank Oberösterreich on financing the acquisition of BFC Fahrzeugteile GmbH (BFC) by funds advised by Triton. BFC is one of the global market leading suppliers of metal-based clamping profiles for the automotive industry and a technology leader in its field. The company operates manufacturing sites in Germany, China, Turkey and the US. The Triton funds acquired BFC from ii invest Holding GmbH and Daisho GmbH.
Baker McKenzie advised Credit Suisse as sole arranger on an unitranche-financing including a working capital facility, a premiere on the German Market.
Credit Suisse arranged the unitranche-financing including a working capital facility for an acquisition financing. As sole mandated lead arranger the bank also acted as underwriter. The syndication for the financing is still pending.
Allen & Overy LLP has advised Würzburg-based printing press manufacturer Koenig & Bauer AG ("Koenig & Bauer") in connection with a syndicated credit financing in a total amount of EUR 350 million. The financing included a EUR 150 million revolving credit facility and a EUR 200 million letter of credit facility.
The facilities have a term of five years with extension options of up to two years. This is the first transaction in the syndicated credit market for Koenig & Bauer.
Ashurst advised UniCredit Bank AG (Unicredit) as Mandated Lead Arranger and Documentation Agent for a consortium of banks on the €350m facilities agreement for with Koenig & Bauer AG. The financing is Koenig & Bauer's debut in the syndicated credit market.
Gilbert + Tobin have advised Beach Energy Limited (Beach Energy) on the successful completion and financial close of its $1.585 billion acquisition of Lattice Energy Limited (Lattice Energy) from Origin Energy Limited. Lattice Energy holds interests in conventional upstream oil and gas assets across Australia and New Zealand, including in the Otway, BassGas, Halladale Speculant and Black Watch, Kupe, Waitsia, Beharra Springs and Cooper Basin gas projects.
Completion and financial close of the transaction occurred on 31 January 2018.