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.

Global law firm White & Case LLP has advised Goldman Sachs Private Capital, as mandated lead arranger and original lender, on the facilities agreement for a term loan facility, multicurrency super senior revolving credit facility and multicurrency uncommitted accordion term loan facility, entered into by Goldman Sachs and Corsair Capital as borrower to part finance the acquisition of RGI S.p.A., an independent software developer of systems and platforms for insurers, agents, brokers and financial consultants.

Global law firm White & Case LLP has advised the Fosun International Ltd and Beijing Sanyuan Foods Co., Ltd consortium on the financing of its acquisition of St Hubert, a French company in the vegetable fats sector, from European investment fund Montagu Private Equity.

Fosun International Ltd is a privately owned Chinese conglomerate. Beijing Sanyuan Foods Co., Ltd is a Chinese agribusiness company that specializes in dairy products.

In 2012, White & Case also advised the banks on the financing of Montagu Private Equity's acquisition of St Hubert.

Allen & Overy LLP has advised DZ BANK AG as arranger and documentation agent on a secured syndicated loan in the amount of EUR 170 million granted to Raiffeisen Waren-Zentrale Rhein-Main eG.

The financing was arranged by DZ BANK AG, along with Coöperatieve Rabobank U.A., Frankfurt am Main branch, Landesbank Baden-Württemberg, NIBC Bank Deutschland AG, Norddeutsche Landesbank -Girozentrale- and UniCredit Bank AG.

The Allen & Overy team comprised counsel Dr. Mark Hallett and senior associate David J. Schmidt (both banking and finance, Frankfurt).

Dentons has advised Virgin Atlantic Airways Ltd on its three-year, US$150m secured syndicated revolving credit facility with options to increase to US$350 million and extend the term to five years.

The facility, which is secured against aircraft and engines, will be used to help the airline invest in its customer experience and plan for future growth, including the pre-delivery payments on Virgin Atlantic’s order of new A350-1000 aircraft due from 2019.

The facility was arranged by Lloyds Bank and includes a syndicate of six leading banks.

DLA Piper has advised Luxembourg-based private equity firm ASC Investment on the acquisition and the financing of VITRABLOK a specialist glass block manufacturer. This is the first acquisition for ASC Investment.

VITRABLOK was part of the SEVES Group, a Triton Fund III company. With more than 300 employees in Europe and the USA, VITRABLOK has a 40% share in the world glass block market. It is the leading manufacturer of glass bricks for interior and exterior architectural applications.

Dentons has advised Virgin Atlantic Airways Ltd on its three-year, US$150m secured syndicated revolving credit facility with options to increase to US$350 million and extend the term to five years.

The facility, which is secured against aircraft and engines, will be used to help the airline invest in its customer experience and plan for future growth, including the pre-delivery payments on Virgin Atlantic’s order of new A350-1000 aircraft due from 2019.

The facility was arranged by Lloyds Bank and includes a syndicate of six leading banks.

CMS advised the Hungarian multinational oil and gas company on a EUR 75m revolving credit facility provided by a group of 13 banks. The new facility was arranged as a club deal with a group of MOL's relationship banks. It has a tenor of five years (with two one year extension options), and can be drawn in both euros and US dollars. Societe Generale acted as the facility agent.

The CMS team assisting MOL included Partners Simon Dayes and Erika Papp and Consultant Stefania Lepore.

Slaughter and May, has advised Nordea Bank AB (publ) (together with Citibank, N.A., London Branch and Skandinaviska Enskilda Banken AB as the Original Lenders) on the SEK 11 billion term facility agreement made available to Tele2 AB (publ) to finance a merger with Com Hem Holding AB (publ).

Slaughter and May worked as a team with Nordea’s in-house counsel in Sweden.

Contacts

Stephen Powell (partner), George Silber (associate), David Hay (associate), Polly Streather (trainee)

Clifford Chance Moscow team has advised a syndicate of banks on the EUR150 million Russian law syndicated facility for PJSC Chelyabinsk Pipe plant (ChelPipe), the leading Russian manufacturer of tubular goods and the provider of integrated solutions for fuel and energy companies.

The deal was closed as a four-year unsecured facility. Raiffeisenbank, Commerzbank, UniCredit, Rosbank, ICBC and Agricultural Bank of China Limited acted as Mandated Lead Arrangers. Raiffeisenbank acted as Documentation Agent and Facility Agent for the Facility.