Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Bank Lending/Credit Facilities

Luther advises Idinvest during unitranche financing: Steadfast Capital acquires an interest in Stanz - und Lasertechnik

29 Jul 2016

Jessen Frankfurt am Main – German Law firm Luther advised the French financial investor Idinvest Partners during debt financing. German equity investor Steadfast Capital Fund III, L.P., will use the finance to invest in Stanz - und Lasertechnik Jessen as part of a management buyout.

Idinvest Partners is headquartered in Paris and provides European companies and private equity sponsors with customised, flexible debt capital and equity financing in different stages of growth, and currently manages over 6 billion Euros.

Norton Rose Fulbright advises Picton on revolving credit facility with Santander

28 Jul 2016

Global law firm Norton Rose Fulbright has advised Picton Property Income Ltd (Picton) on the five- year revolving credit facility (RCF) with Santander Corporate & Commercial Banking.

Picton is an income focused investment company, specialising in commercial property across the United Kingdom. It is listed on the London Stock Exchange. The facility is secured across four property assets.

The Norton Rose Fulbright team was led by partner, Sarah Cullen with assistance from associates Rachel Akodu and Ben Rodger.

Linklaters and Allens advise on Victoria International Container Terminal Limited

26 Jul 2016

On 20 July 2016, Victoria International Container Terminal Limited (VICT), the Australian subsidiary of International Container Terminal Services Inc. (ICTSI), successfully closed an export credit agency-covered syndicated loan facility in an amount of A$ 398 million (approximately US$ 300 million) with seven leading global financial institutions, comprising Citibank N.A., KFW IPEX-Bank GmbH and Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners, Bank of China Limited, DBS Bank Ltd.

Clifford Chance advises Deutsche Bank Luxembourg S.A. in relation to a syndicated loan agreement for Henkel for the financing of the acquisition of Sun Products

26 Jul 2016

Clifford Chance advises Deutsche Bank Luxembourg S.A. as documentation agent in relation to a USD 3,600,000,000 dual currency syndicated loan agreement for Henkel for the financing of the acquisition of Sun Products.

The Clifford Chance team is led by partner Dr. Bettina Steinhauer and comprises senior associate Julia Klingen and transaction lawyer Dr. Alexander Hansen Díaz (all Banking & Capital Markets, Frankfurt) as well as partner Jay Gavigan and senior associate Andrew Young (both Banking and Finance, New York) .

Weightmans assists with finance deal to build new student accommodation

25 Jul 2016

National law firm Weightmans LLP has worked with Select Property Group to secure £169m of credit facilities to fund the expansion of its student accommodation brand Vita Student into new cities.

The Cheshire-based developer, retailer and operator of property brands has secured the five-year finance facilities through Lloyds Bank, Wells Fargo and PGIM Real Estate. The funding will enable Vita Student to expand into new cities with a build-to-hold strategy, replacing the group's previous strategy of retailing individual buildings to investors.

White & Case Advises Bank Zachodni on PLN 1.56 Billion Financing for Offer to Acquire Amrest Shares

21 Jul 2016

Global law firm White & Case LLP has advised Bank Zachodni WBK S.A., a member of Santander Group and one of the largest financial institutions in Poland, on the indirect financing to guarantee the potential acquisition by the fund FCapital Dutch B.V. of up to 34.29 percent of the shares in AmRest Holdings SE.

FCapital submitted the offer to acquire up to 7,274,379 shares at PLN 215 per share, valuing the transaction at up to PLN 1.56 billion (approximately €356 million).

Simpson Thacher Represents JPMorgan in Connection with Signet’s $1.058 Billion Amended and Restated Credit Facilities

16 Jul 2016

Simpson Thacher recently represented JPMorgan Chase Bank, N.A., as administrative agent, joint lead arranger and joint bookrunner, in connection with amended and restated senior unsecured credit facilities for Signet Jewelers Limited, which consist of a $357.5 million term loan facility and a $700 million revolving credit facility.

Simpson Thacher Represents Apax Partners in Financing Related to Its Acquisition of Neuraxpharm

15 Jul 2016

Simpson Thacher represented Apax Partners LLP in connection with the financing of its acquisition of Neuraxpharm Arzneimittel GmbH (“Neuraxpharm”). The transaction is subject to customary closing conditions and is expected to close in the next few months.

Neuraxpharm is a leading German pharmaceutical company with a particular focus on generic pharmaceutical products for the treatment of disorders of the central nervous system.

The Simpson Thacher team included Ian Barratt, Kate Sinclair and Carys Hughes (Banking and Credit).

Simpson Thacher Represents Apax Partners in Financing Related to Its Acquisition of Invent Farma

14 Jul 2016

Simpson Thacher represented Apax Partners LLP in connection with the financing of its acquisition of Invent Farma S.L. The transaction is subject to customary closing conditions and is expected to close in the next few months.

Invent Farma S.L. is a leading Spanish pharmaceutical company which develops, manufactures and markets generic drugs.

The Simpson Thacher team included Ian Barratt, Kate Sinclair and Carys Hughes (Banking and Credit).