Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Structured/Project Finance

Clifford Chance advises lenders on £1.15bn purchase of the City of London's 'Cheesegrater' building

04 Jul 2017

Clifford Chance has advised Bank of China (Hong Kong), HSBC and ING Real Estate Finance on the financing of Hong Kong investor C C Land Holdings £1.15 billion purchase of The Leadenhall Building, more commonly known as the ‘Cheesegrater’, in the City of London.

The deal is the largest single property to sell in the UK since the sale of the 8 Canada Square in Canary Wharf in 2014 for £1.175bn, and marks the continued investment in the City of London from overseas investors.

Loyens & Loeff congratulates Northwind with the refinancing of its offshore wind farm

30 Jun 2017

On 30 June 2017 Northwind secured approximately EUR 525,000,000 in funding for the refinancing of its 216 megawatt offshore wind farm located on the Lodewijkbank, 37km off the Belgian coast consisting of 72 wind turbines. The refinancing is financed by senior facilities provided by a syndicate of lenders, including ASN Bank, Belfius, BNP Paribas, Rabobank, ING, KBC, Natixis, Société Générale, Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ and Eksportkreditt Norge.

Ashurst advises Ophir Energy on US$250 million reserve-based lending facility

23 Jun 2017

Ashurst advised Ophir Energy plc on its US$250 million reserve-based lending facility ("RBL") secured against the Ophir Group's producing oil and gas assets in Southeast Asia.

In addition to the initially committed US$250 million, a further US$100 million is available on an uncommitted “accordion” basis. Rothschild has acted as financial advisor to Ophir on the new RBL, which replaces Ophir’s existing RBL.

WFW advises Green Lucca on Italian PV portfolio financing

19 Jun 2017

Watson Farley & Williams (“WFW“) has advised Green Lucca S.p.A. (“Green Lucca”) on the €22m financing provided by UniCredit Banca S.p.A. (“UniCredit”) to seven SPVs, wholly owned by Green Lucca, for the refinancing of a 15 MW portfolio of 18 photovoltaic plants in Italy

Based in Lucca, Italy, Green Lucca is an investment holding company that owns and operates renewable energy power plants.

Vinge has advised Helaba in connection with financing of an acquisition in real estate

16 Jun 2017

TRIUVA Kapitalverwaltungsgesellschaft mbH, Germany’s leading real estate fund manager, has acquired from Slussgården the city property Lammet 17, located right next to Drottninggatan and Kungsgatan. The property has 6,700 square meters of office and retail space and Fastighetsvärlden estimates that the price amounts to a bit over 450 million SEK. Catella and Foyen have been advisors to Slussgården and JLL, Roschier, King & Spalding, WSP and Rödl & Partner have been advisors to Triuva.

Allen & Overy advises lenders on world’s-first FLNG mega project in Africa

06 Jun 2017

Allen & Overy has advised the lenders on the development and project financing of the Coral South Floating LNG (FLNG) project in Mozambique. The USD5 billion deal is the first project financing for an FLNG development anywhere in the world, Mozambique's first LNG project, and Africa's largest ever project financing.

Linklaters advises Eni and its Area 4 Partners on the Coral South Floating LNG project financing in Mozambique

06 Jun 2017

Linklaters has advised Eni, the multinational oil and gas company, together with its Area 4 partners, CNPC, ENH, GALP and KOGAS on an ECA-backed multi-billion dollar project financing for the $8bn Coral South floating liquefied natural gas (LNG) project in Mozambique.  The financing is Africa’s largest ever project financing deal to date.  It is also the world’s first project financing of a floating LNG facility.

Reed Smith advises OakNorth on its largest-ever deal to fund a luxury London hotel

05 Jun 2017

Reed Smith has advised OakNorth Bank Limited (OakNorth) - the bank for entrepreneurs, by entrepreneurs - on its largest deal to date: a £21million loan for the development of a luxury hotel in central London.

The hotel will be situated at 2-6 Southampton Row in Holborn in a Grade II-listed former Baptist church. It is expected to open its doors early next year. Designed by architect Jacques Garcia and managed by Michael Voigt, will have 40 bedrooms, as well as a bar, restaurant, cafe and conference facilities.

Clifford Chance advises Kuwait National Petroleum Company on world's largest ECA financing for corporate purposes

05 Jun 2017

Clifford Chance advised Kuwait National Petroleum Company (KNPC) on a US$6.245 billion export credit agency (ECA) financing for the KNPC Clean Fuels Project. The latest tranche is part of the landmark US$10 billion financing and the first time that KNPC has tapped international financial markets. Clifford Chance also advised long-standing client KNPC on the first tranche of the financing which saw KNPC tap domestic Kuwaiti debt markets for the first time.