VISCHER advises Lionbridge (Nasdaq: LIOX) on the Swiss law aspects of the revolving credit agreement with HSBC Bank USA, National Association providing for a 5-year $100 million revolving credit facility and a 5-year $35 million term facility. Proceeds are intended to be used for the Company's acquisition of CLS Communication in Switzerland and related companies. Upon the closing of the Company's acquisition of CLS Communication the facility will among other be secured by a pledge related to this entity. The VISCHER-Team is led by Dr.

Watson Farley & Williams (“WFW”) has advised DNB Bank ASA (“DNB”) and ING Bank N.V. as global coordinators and DNB as agent for a syndicate of banks, on a US$110 million senior secured credit facility made available to a special purpose vehicle (SPV) subsidiary jointly owned by Ocean Yield ASA (“Ocean Yield”) and SBM Holding Luxembourg S.à r.l. (“SBM”).

Thomas K. Schrell, Partner, and Anja Harms, Lawyer, of the commercial law firm of Heuking Kühn Lüer Wojtek advised Arnsberg-based Trilux Group on the refinancing of existing liabilities by structuring a syndicated loan with a maturity of 5 years. The transaction volume was not disclosed.
 
Heuking Kühn Lüer Wojtek supported Trilux Group comprehensively on the structuring, negotiation, and implementation of the entire refinancing scheme.

Hogan Lovells has advised GE Capital, HSBC, ING, Santander and Société Générale as lenders on the £122.6 million public to private acquisition of Waterlogic Plc by Castik Capital. The transaction closed on 9 January 2015.

The lenders provided £113 million of senior debt facilities supporting the take-private of the UK-based provider of mains-fed drinking water purification and dispensing systems by private equity fund Castik Capital.

Slaughter and May is advising Reckitt Benckiser Group plc (RB) in relation to the demerger of the RB Pharmaceuticals business (RBP). The UK consumer goods group decided in July 2014 to spin-off its pharmaceutical business into a newly incorporated company, Indivior PLC, to enable both to concentrate on their core markets. RB announced the details of the demerger on 17 November.

DLA Piper represented Global Cash Access Holdings, Inc., a provider of integrated cash access solutions and services to the gaming industry, in a US$1.25 billion financing used to complete its acquisition of Multimedia Games Holding Company, Inc., a manufacturer and supplier of gaming technology.

The transaction was approved by the Nevada Gaming Commission on December 18.

Ashurst advised HSBC, Lloyds, Société Générale and Unicredit on the financing of the acquisition of the German web hosting supplier Intergenia by the British Host Europe Group ("HEG"), a portfolio company of private equity investor Cinven. The vendor of Intergenia is Oakley Capital. The parties have agreed not to disclose financing volume and purchase price.

Baker & McKenzie acted as Ukrainian law counsel to the European Bank for Reconstruction and Development (EBRD) in connection with a new US$25 million term loan facility for Nibulon, Ukraine’s leading grain trader, logistic operator and exporter. This new transaction follows an EBRD syndicated loan facility of up to US$130 million to Nibulon which was signed in August of this year.

Slaughter and May advised Dentsu Aegis Network, one of the world's leading marketing communications groups, in connection with a £500 million multicurrency revolving credit facility entered into between Dentsu Aegis Network Ltd. and various other members of the Dentsu Aegis Network Group and a syndicate of banks, and guaranteed by Dentsu Aegis Network's parent, Dentsu Inc., for the purpose of refinancing the main revolving credit facility of the Dentsu Aegis Network Group.

Allen & Overy has advised longstanding client, the Asian Development Bank (ADB), on an USD100 million credit facility for Yoma Strategic Holdings Ltd (Yoma) which will establish on-going investment by Yoma in connectivity projects in Myanmar in a number of sectors including telecommunications, transportation, logistics and education.