The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised a banking consortium led by Joh. Berenberg, Gossler & Co. KG and Landesbank Baden-Württemberg as mandated lead arrangers on the comprehensive refinancing of the QSIL Group.

Founded in 1992 and headquartered in Langewiesen, Thuringia, QSIL Group is a leading producer and manufacturer of products made of pure quartz glass such as pipes, cylinders and tailor-made glass products with production units in Germany and The Netherlands and a distribution network in the USA.

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the German office of Pemberton, the diversified asset manager, on the provision of a comprehensive refinancing of Expotechnik Group founded and managed by Patrick O. Soschinski.

Pemberton provides long-term financing to growth companies across Europe. It covers the German-speaking region out of its Frankfurt-based subsidiary and ranks as one of the most active private debt funds in Germany.

Hong Kong  – Paul Hastings, a leading global law firm, announced today that the firm advised Yuzhou Properties Company Limited (“Yuzhou Properties”), a leading property developer in China’s Fujian province listed on the Main Board of the Hong Kong Stock Exchange, on its issuance of US$425 million 7.90% guaranteed senior notes due 2021. Credit Suisse acted as the sole global coordinators, and Credit Suisse, BOC International and Yuzhou Financial acted as the joint lead managers and joint bookrunners.

Leading commercial law firm Hill Dickinson has advised long-standing client Lloyds Bank on a £30 million refinancing deal with Elite Group, a provider of unified communications, cloud and IT services.

Elite, headquartered in Chorley with additional offices in Staffordshire and London, was established in 2000 and has worked with Lloyds for over 10 years.

Charles Russell Speechlys has advised Country Court Care, the nursing care home operator, on a re-financing with alternative investment manager Cheyne Capital including an additional £51 million development facility to fund a pipeline of seven new-build assets nationwide. The deal involved a complex corporate reorganisation to facilitate the group’s refinancing by Cheyne Capital, who will replace all lenders. As sole lender, Cheyne now replaces Barclays, Santander and AIB.
 

International law firm Clifford Chance has advised a consortium of banks comprising Commerzbank, HSBC, Mizuho und Société Générale on the establishment of a debt issuance programme and the following issuance of a 500 million Euro debut bond by HOCHTIEF Aktiengesellschaft.

The bond with seven years term has a coupon of 1.750 per cent.

HOCHTIEF experienced broad investor interest resulting in an oversubscription of the order book of 2.6 times.

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised on the issuance of US$500m guaranteed notes due 2023 (‘the Notes’) by SF Holding Investment Limited, at an interest rate of 4.125 per cent per annum. The Notes are unconditionally and irrevocably guaranteed by S.F. Holding Company Limited and were listed on the Hong Kong Stock Exchange on 27 July 2018.

Slaughter and May is advising Countrywide plc (Countrywide) on its capital refinancing plan (Capital Refinancing Plan) comprising:

    the raising of gross proceeds of £140 million by way of a firm placing and placing and open offer; and
    the amendment of covenant levels by way of, and the reduction of overall indebtedness under, an amendment and extension of its revolving credit facility.

Countrywide is a leading full service residential estate agency and property services provider in the UK.

Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Group Holding Limited as the guarantor in relation to the issue by its wholly-owned subsidiary, Sino-Ocean Land Treasure IV Limited, of US$700 million floating rate guaranteed notes due 2021.