Milbank, Tweed, Hadley & McCloy LLP has advised the banking consortium on the financing of the acquisition of Medi-Globe Corporation by a consortium led by the English Private Equity Fund Duke Street.
International law firm Withers has advised State Bank of India in a £300 million loan facility for the acquisition of The Old War Office, 57 Whitehall, London.
The landmark property, located in the heart of Westminster, was acquired by The Hinduja Group in partnership with Spanish development company Obrascon Huarte Lain Desarrollos. The site will be converted into a luxury hotel.
Norton Rose Fulbright has advised the lead arrangers, facility agent and security agent in relation to the EUR 60m and PLN 200m revolving credit facilities granted to Pfleiderer Grajewo S.A. for the refinancing and amendment of the terms of its existing debt and other subsidiaries of the company.
Pfleiderer Group is a leading producer of wood-based materials used in the furniture, interior decoration and construction industries in Poland and Germany.
White & Case LLP has advised BNP Paribas, Natixis and Crédit Agricole Corporate and Investment Bank as global coordinators, physical bookruners and mandated lead arrangers, Société Générale Corporate and Investment Banking as bookrunner and mandated lead arranger, and Arkéa Banque Entreprises et Institutionnels as mandated lead arranger, on the financing of the acquisition of healthcare group Vivalto Santé by a group of shareholders led by CDC International Capital, Mubadala Development Company, MACSF, Arkéa Capital Partenaire, BNP
Onorato Armatori S.p.A, the parent company of the Moby group, a leader in the Italian maritime transportation sector, has issued nonconvertible senior secured notes for an aggregate principal amount of €300 million due 2023. In addition, in connection with the transaction, Onorato Armatori and its subsidiaries Moby S.p.A. and Compagnia Italiana di Navigazione S.p.A entered into a €260 million pari passu secured term loan and revolving credit facility.
BEIJING, February 24, 2016 – Milbank Tweed Hadley & McCloy LLP advised Industrial and Commercial Bank of China Limited, Agricultural Bank of China Limited, New York Branch, Bank of China (Hungary) Close LTD., and Bank of Communications Co., LTD. (acting through its Offshore Banking Unit) (altogether the “Lenders”), on the recently completed US$910 million acquisition financing to HNA Aviation (Hong Kong) Ground Handling Holdings Co., Limited, a Hong Kong affiliate of HNA Group Co., Ltd.
On February 17, 2016, Glencore announced the signing of an up to USD 8 billion revolving credit facility. Lenz & Staehelin acted as counsel to the lenders.
The team included Marcel Tranchet, Pascal Genoud and Charlotte Rüegg.
Ashurst LLP advised Astorg Partners and Goldman Sachs Merchant Banking Division on the financing of the acquisition of the HRA Pharma group.
HRA Pharma, a pharmaceutical group founded in 1996, specialises in women's health and endocrinology.
Following the European Commission's approval of the merger on 21st January 2016, Astorg Partners and its co-investor, Goldman Sachs, gained control of the HRA Pharma group from its founders and the fund The Riverside Company in order to support the group's growth plan.
The transaction was finalised on 18th February 2016.
Ashurst LLP advised Astorg Partners on the financing aspects of the acquisition of the SGG group.
SGG is one of the key providers of fiduciary services to the Benelux countries.
Copeba, an independent privately-held investment company, sold Astorg Partners its stake in SGG, giving a share to the SGG management team.
The transaction was finalised on 10th February 2016.
The team from Ashurst LLP Paris was composed of Stéphanie Corbière, partner, and David Albertini, associate.
PT Berlian Laju Tanker Tbk (collectively, with certain of its subsidiaries and affiliates, “BLT”) is an Indonesia-based shipping company that formerly operated a fleet of over 40 ocean-bound vessels transporting refined petroleum products, liquefied natural gas, and other liquid cargoes, across the globe. Milbank, Tweed, Hadley & McCloy LLP acted on behalf of the secured parties under BLT’s approximately US$650 million Senior Secured MLA Credit Facility, including DNB Bank ASA, Singapore Branch, the facility agent, as well as affiliates of KKR and York Capital, the largest lenders