Ashurst has advised Banco Santander and BNP Paribas as arrangers, and the latter also as hedge provider, on a Spanish securitisation creating a RMBS Prado VI Securitization Fund, backed by mortgage loans originated by UCI. Class A, Class B and Class C bonds have been issued for a total of €428 million.

The Ashurst finance team was led by partner Fernando Navarro and included senior associate Alfonso García and associate Santiago Navarro.

CMS Cameron McKenna Nabarro Olswang in Kyiv is pleased to announce that our law firm has recently advised the European Bank for Reconstruction and Development (EBRD) on a €13 million loan to the communal enterprise Mariupolske Tramvaino-Troleybusne Upravlinnya (MTTU). The EBRD’s investment will be used for the acquisition of up to 72 low-floor trolleybuses for the city of Mariupol, spare parts and maintenance equipment as well as upgrading the trolleybus depot and the reconstruction of the catenary network.

Skandinaviska Enskilda Banken AB (SEB) has updated its Medium Term Note-program (MTN-program) which is part of the bank's current debt financing.
 
Baker McKenzie advised SEB on the MTN-programme and the base prospectus, which was approved by the Swedish financial supervisory authority, Finansinspektionen, on July 10, 2018.
 
Participants from Baker McKenzie were mainly Joakim Falkner, Stefan Balazs and Per Blom.

Baker McKenzie assisted lender Banorte in a US$90 million refinancing agreement with Otay-Tijuana Venture, LLC for the Cross Border Xpress, a pedestrian crossing that connects the Tijuana International Airport in Mexico with the San Diego customs terminal in the United States.

Built by Otay – Tijuana, the bridge, which opened for business in December 2015, was the first to connect a facility in the US directly into a foreign airport terminal. Spanning 390 feet, the CBX serves approximately 2.4 million passengers.

Baker McKenzie assisted PTT Global Chemical Public Company Limited (PTTGC) on their first ever liability management exercise. The transaction involved a cash tender offer of the existing notes of PTTGC and an issuance of like-kind notes by GC Treasury Center Company Limited.  The new notes [with a total value of US$495,894,000] are also guaranteed by PTTGC.

Global law firm White & Case LLP has advised UniCredit, Société Générale S.A. and Banco Santander, S.A., as joint lead managers, on a €600 million ABS securitisation transaction of auto loans of Santander Consumer Bank AG rated by Moody's and DBRS Ratings. The issuer is SC Germany Auto 2018-1 UG (haftungsbeschränkt).

Shearman & Sterling advised J.P. Morgan Securities plc as sole bookrunner on Radisson’s offering of €250 million 6.875% senior secured notes due 2023. The firm also advised J.P. Morgan as mandated lead arranger in connection with a new €20 million revolving credit facility made available to Radisson.

Global law firm Norton Rose Fulbright’s teams in London, Mexico City and Ottawa have successfully advised on the debt funding of the strategically significant Sonora lithium project in Mexico, ultimately owned by the AIM-listed Bacanora Lithium Plc.

The teams assisted RK Mine Finance, an affiliate of the Red Kite investment group, in reaching financial close in connection with the financing of the development of this project.

Martin McCann, Global Head of Business at Norton Rose Fulbright, commented: