Resource

 

 

 

 

 

 

 

 

 

 

 

Slaughter and May advised Close Brothers Limited on the annual update and revision of its £2 billion Euro Medium Term Note programme

03 Jul 2018

Slaughter and May advised Close Brothers Limited on the annual update and revision of its £2 billion Euro Medium Term Note programme (the Programme). The issuer under the Programme is Close Brothers Finance plc, and notes issued under the Programme are guaranteed by Close Brothers Limited. The dealers under the Programme are HSBC, Lloyds Bank Corporate Markets, NatWest Markets, Société Générale Corporate & Investment Banking and UBS Investment Bank.

Contacts

Ashurst advises on proposed offer for Vedanta Resources

03 Jul 2018

Ashurst is advising Volcan Investments on its recommended possible offer for Vedanta Resources, announced today.  Volcan and an Independent Committee of the board of Vedanta have reached an agreement in principle on the key terms of a possible recommended all cash offer to be made by Volcan (or a wholly-owned subsidiary of Volcan formed for the purposes of the transaction) at a price of 825 pence per share for the remaining issued and to be issued share capital of Vedanta not currently owned by Volcan.

Clifford Chance advises Athene Real Estate on sale of Elementae office building in Luxembourg City

03 Jul 2018

Athene Real Estate Management Company has sold 100 percent of the shares of Elementae SA to AM Alpha. Elementae owns as its main asset an office building located Rue Plaetis 5 in Luxembourg City. International law firm Clifford Chance has advised Athene Real Estate on this transaction.

The Elementae property provides approximately 3,000 square metres of office space in the heart of the historical city centre of Luxembourg City. The property has been occupied by Amazon since 2004 and will be vacated at the end of 2018.

Dentons advises Better Energy A/S and NEFCO in connection with construction of a 19 MW solar park in Western Ukraine

03 Jul 2018

Dentons acted as legal counsel to a Danish company Better Energy A/S and the Northern Environmental Financial Corporation (NEFCO) in connection with the construction of a 19 MW solar park in Western Ukraine. The total investment for the project is €6.6 million.

ENR team advises on largest ever AIM oil and gas acquisition

03 Jul 2018

International law firm Fieldfisher has advised on the largest acquisition by an oil and gas company completed to date on London's Alternative Investment Market (AIM).

The deal saw AIM-listed Diversified Gas & Oil PLC (DGO), a US-based gas and oil producer, acquire a network of producing assets in the Appalachian Basin, US, covering around 2.5 million acres (10,117km2) containing 11,350 wells, for approximately $575 million.

Milbank Advises on the US$1B K-sure Backed Trade Loan for Reliance Jio Infocomm Telecoms Project in India

02 Jul 2018

Milbank, Tweed, Hadley & McCloy LLP is advising the lead arrangers and facility agent, Korea Trade Insurance Corporation ("K-sure") and the participating commercial banks with respect to a multi-billion dollar telecom project run by Reliance Jio Infocomm Ltd. to expand India's wireless network.

K-sure has offered a $1 billion trade loan for Reliance Infocomm's project following a $750 million credit facility in 2015. This is due to be the largest Indian loan covered by K-sure, and K-sure's largest global telecom financing.

TPG’s Acquisition of Abengoa’s Electricity Transmission Assets in Brazil

02 Jul 2018

Shearman & Sterling advised global private equity investment firm TPG on its acquisition of Abengoa S.A.’s (“Abengoa”) operating electricity transmission line assets in Brazil for approximately R$482.5 million. The assets consist of seven brownfield transmission lines totaling 3,532 km across 10 states in Brazil. This acquisition represents TPG’s first infrastructure investment in the country.