Milbank has advised JPMorgan and Unicredit Bank AG as Mandated Lead Arrangers on a €1.3 billion financing supporting Wendel’s acquisition of Constantia Flexibles, an Austrian headquartered international packaging group.  One Equity Partners and H. Turnauer Stiftung sold Constantia to Wendel in December 2014, in a deal that valued the firm at €2.3 billion.

Headquartered in Vienna, Constantia Flexibles produces packaging and labelling solutions for the food, pet food, pharmaceuticals, and beverage industries.

White & Case LLP has advised Saudi Arabian Oil Company (Saudi Aramco) on its landmark US$10 billion revolving credit facilities.

The US$10 billion facilities replace the existing US$4 billion facilities, signed in 2010. The facilities are divided into two US dollar conventional tranches (in an aggregate value of US$7 billion) and two Saudi Riyal murabaha tranches (in an aggregate value of US$3 billion). The shari'ah compliant murabaha facilities represent the largest ever Saudi Riyal financing of its kind.

Ashurst advises Commerzbank Aktiengesellschaft and IKB Deutsche Industriebank AG on the financing of the acquisition of COMPO GmbH's ("COMPO") EXPERT division by global alternative investments firm XIO Group. COMPO EXPERT is located in Münster (Westphalia) and markets specialty fertiliser products for professional applications. The division was sold by European private equity investor Triton whose fund Triton III acquired COMPO in 2011 from resources company K+S. The parties have agreed not to disclose the purchase price and the financing volume.

DLA Piper has advised Ares Management Limited and GE Capital in their capacities as Arrangers along with HSBC Bank plc, Northwestern Mutual and Citibank N.A (the other members of the Senior Club), on the provision of a senior financing package in connection with Exponent Private Equity's acquisition of a majority interest in the family owned Big Bus Tours Group.

Slaughter and May advised Taylor Wimpey plc, one of the largest residential developers in the UK, on the updating and extension of its £550 million revolving credit facility. The revolving credit facility, which was due to mature in August 2018, was amended to mature in 2020.

CONTACTS

Financing: Mark Dwyer (partner), Adrian Wilkes (associate); Tax: Gareth Miles (partner); Venetia Jennings (associate)

White & Case LLP has advised Octo Telematics S.p.A., the Italian provider of insurance telematics solutions, on a €60 million term credit facility which may be increased to a maximum of €120 million.

The transaction was led by the Milan branch of ING Bank N.V. and Raiffeisen Bank International AG, which acted as mandated lead arrangers.

The White & Case team in Milan was led by local partner Nicholas Lasagna and partner Iacopo Canino and included associate Miriam Morbelli.

King & Wood Mallesons has advised Deutsche Bank AG and four other Mandated Lead Arrangers as well as Deutsche Bank AG as document agent in relation to a syndicated facilities agreement for Trilux Group. The lenders (nine major German banks) grant Trilux Group a financing with a five year term.

Clifford Chance has advised a banking syndicate comprising DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, HSBC Trinkaus & Burkhardt AG, Idinvest Partners and The Governor and Company of the Bank of Ireland on the issuance of a new syndicated loan for BackWerk group.

BackWerk is the only bakery chain with stores throughout Germany and the fastest-growing self-service bakery chain in Europe. At the end of 2014 BackWerk had more than 320 stores in Germany, Austria and the rest of Europe.

Clifford Chance has advised Goldman Sachs and UBS on the provision of a bridge financing facility for Deutsche Wohnen AG's intended voluntary public tender offer to acquire Austria-based conwert Immobilien Invest SE.

White & Case LLP has advised a syndicate of banks including Mediobanca - Banca di Credito Finanziario S.p.A., as documentation agent, on the amendment and extension to a facility agreement entered into in 2013, pursuant to which a revolving loan for a total maximum amount equal to €9.44 billion was granted to Enel S.p.A. and its subsidiary Enel Finance International N.V.

The White & Case team which advised on the transaction included local partner Nicholas Lasagna (Milan), partner Christopher Czarnocki (London) and associate Silvia Pasqualini (Milan).