Advising the banking pool (LCL, BNP Paribas, Société Générale, Banque Palatine et and BECM) in connection with the senior debt senior financing for the acquisition of Capcom Holding group by Circet group.
Singapore – Global law firm K&L Gates LLP has advised Singapore-based Kacific Broadband Satellites Pte Ltd on a US$147 million financing deal for a condominium satellite called “Kacific-1”, which is based on the Boeing 702 satellite platform and will cover 20 Pacific and South East Asian nations.
The satellite is co-owned with SKY Perfect JSAT Corporation, which will use its half of the payload, JCSAT-18, to provide satellite broadband services to the Far East Russia and Asia-Pacific regions.
Watson Farley & Williams (“WFW”) has advised the Norddeutsche Landesbank Girozentrale (“NORD/LB”) and NORD/LB Luxembourg S.A. Covered Bond Bank on the acquisition financing of WELL PLUS TRADE GmbH (“WELL PLUS TRADE”) by HQ Equita. The financing, which included a working capital facility, closed on 13 February 2017.
Norton Rose Fulbright has advised Star Mountain Plaza Limited on a Papua New Guinea Kina 245,000,000 (AU$100.6 million) financing from Bank of South Pacific for the construction and operation of its substantial Star Mountain Plaza development in Port Moresby.
Norton Rose Fulbright acted on all corporate and shareholder arrangements involving a joint venture between three major PNG entities - Mineral Resources Star Mountain, Mineral Resources Ok Tedi and Petroleum Resources Kutubu Limited. The firm also acted on the major construction aspects of the project.
DLA Piper represented Mesa Air Group, Inc., a leading regional airline, in connection with a $100 million engine financing facility that will be used to purchase a portfolio of new General Electric CF34-8C5 engines and for additional financing capacity to support Mesa's business expansion.
Herbert Smith Freehills has advised National Australia Bank Limited and Danish export credit agency, EKF Danmarks Eksportkredit on the project financing for the development of the A$84.5 million Kiata Wind Farm project located 50km north west of Horsham, Victoria.
Developed by Windlab, construction of the 30MW, nine turbine wind farm is due to start in early 2017, with first production scheduled towards the end of 2017. When operational, the project is expected to provide enough clean energy for more than 20,000 households each year.
A team led by Dr. Anne de Boer, partner at the business law firm of Heuking Kühn Lüer Wojtek, comprehensively legally advised CG Group on issuing a bearer bond and overall financing. Subscribers to the bond are exclusively institutional investors. The bond was issued in a private placement.
Allen & Overy advised Polski Fundusz Rozwoju S.A. in connection with the financing for the construction of a 3.7 kilometre stretch of the Lagiewnicka Route, i.e. the Third Krakow Bypass.
International law firm Watson Farley & Williams (“WFW”) has advised a syndicate of banks consisting of DnB, ING, BNP Paribas, Citi and BMO as lenders on a US$1.5bn Reserve-Based Lending Facility to Chrysaor for the acquisition of a portfolio of UK North Sea assets from Royal Dutch Shell (“Shell”). The deal is subject to partner and regulatory approvals, with completion expected in the second half of 2017.
Shearman & Sterling advised the lenders and Korea Trade Insurance Corporation (K-Sure) in connection with the financing of the US$545 million 200 MW Kalsel coal-fired Independent Power Producer project in Indonesia. The project will be built in South Kalimantan, on the Indonesian side of the island of Borneo.