Herbert Smith Freehills has advised Danone. S.A. on the $12.5 billion multi-source financing for its acquisition of The WhiteWave Foods Company (WhiteWave). Danone is a leading global food company built on four business lines: Fresh Dairy Products, Early Life Nutrition, Waters and Medical Nutrition with a portfolio of some of the industry's most recognised brands. WhiteWave is a U.S. food and beverage company that manufactures, markets and sells branded plant-based foods and beverages, coffee creamers, premium dairy products and organic produce, primarily in North America. 

DLA Piper has advised HSBC France and Standard Chartered Bank (as lenders) in respect of their USD 500 million letter of credit issuance facility made available to the Ghana state oil company, Ghana National Petroleum Corporation (GNPC). The letter of credit facility will support GNPC's role in the development of the Sankofa Gas Project in Ghana.

LONDON, 3 November, 2016 – Milbank, Tweed, Hadley & McCloy LLP advised the mandated lead arrangers on the financing package supporting The Carlyle Group’s majority investment in the Logoplaste Group, a global designer and manufacturer of value-added rigid plastic packaging solutions to a wide range of blue-chip clients with its origins in Portugal.

The London Leveraged Finance team was led by partner and practice head Suhrud Mehta and included of counsel Patrick Holmes, senior associates Jacob Durkin and Nike Johnson and associate Isabel Vickers.

The Moscow and London offices of Debevoise & Plimpton LLP have advised longstanding client Norilsk Nickel in the establishment of an up to $500 million committed revolving credit facility with a syndicate of international banks.

Commerzbank AG, HSBC Bank plc, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and UniCredit Bank Austria AG are acting as mandated lead arrangers and bookrunners. UniCredit Bank AG (London Branch) was appointed as facility agent.

We advised YIT Corporation in relation to a EUR 200 million syndicated unsecured revolving credit facility with its core banks to refinance the EUR 300 million unsecured revolving credit facility maturing 2018.

The lenders participating in the syndication of the facility are Handelsbanken, Danske Bank, Lähitapiola, OP Corporate Bank, SEB and Swedbank. OP Corporate Bank acted as the co-ordinator for the facility. Danske Bank acts as the agent and OP Corporate Bank as the documentation agent.

We acted as Finnish counsel to Capital IP Investment Partners LLC in connection with a $22,000,000 Credit Agreement with Questback AS as borrower and fully secured by the borrower and other group companies.

Slaughter and May is advising SEGRO European Logistics Partnership (“SELP”) on its debut issue (the “Issue”) of €500m 1.25 per cent. Guaranteed Notes due 2023 (the “Notes”).  The Notes will be issued by SELP Finance S.à r.l.

Olswang has advised Internet of Things (IoT) provider Telit Communications plc ("Telit") on securing a new committed credit arrangement for US$75m in partnership with HSBC plc. The arrangement with HSBC plc comprises a five-year-term facility for US$40m and a committed three year term revolving credit facility for US$35m.

Slaughter and May is advising esure Group plc (esure) and Gocompare.com Group plc (Gocompare.com) in relation to esure’s intention to pursue a demerger of Gocompare.com through a separate listing on the main market of the London Stock Exchange (Demerger). Gocompare.com operates a leading UK price comparison website, www.gocompare.com, which attracts approximately 5 million visits every month.

Global law firm White & Case LLP has advised Crédit Agricole, Natixis and Société Générale, as Joint Global Coordinators and Joint Bookrunners, and other banks as Joint Bookrunners, on Groupe Fnac S.A.'s €650 million offering of senior notes due 2023.