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Charles Russell Speechlys advises on the management buy-out of Principle Cleaning Services

11 May 2018

Charles Russell Speechlys has advised the 10-strong management team of Principle Cleaning Services (PCS) on their partial buy-out of its founder, Douglas Cooke.

Established in 1989 as a privately-owned and independent company, PCS is a market leader in providing corporate, commercial cleaning in London to some of the most famous landmark buildings in the Capital, including our very own premises in Fleet Place!

Herbert Smith Freehills advises syndicate of banks on the provision of A$150 million facility to Gold Road Resources Limited

11 May 2018

Herbert Smith Freehills has advised a syndicate of banks, comprising Societe Generale, ING and National Australia Bank, on the provision of a A$150 million revolving corporate and working capital facility to Gold Road Resources Limited (Gold Road).

Hill Dickinson advises Qualis Residential Developments Limited on £20 million regeneration scheme in Sheffield

11 May 2018

Leading international law firm Hill Dickinson has advised property developer Qualis Residential Developments Limited on a significant new residential-led development in Sheffield. The firm advised on the acquisition of the land at Chatham Street and secured the development finance facility for the Great Central project.

Hill Dickinson advises Qualis Residential Developments Limited on £20 million regeneration scheme in Sheffield

11 May 2018

Leading international law firm Hill Dickinson has advised property developer Qualis Residential Developments Limited on a significant new residential-led development in Sheffield. The firm advised on the acquisition of the land at Chatham Street and secured the development finance facility for the Great Central project.

Norton Rose Fulbright advises on one of the largest sovereign bonds ever issued in Sub-Saharan Africa

11 May 2018

Global law firm Norton Rose Fulbright has advised The Republic of Angola on its second international bond issuance totalling US$3 billion, constituting one of the largest sovereign bonds ever issued in Sub-Saharan Africa.

The transaction entailed the issuance of US$1.75 billion 10-year bonds with a coupon of 8.25 per cent, and US$1.25 billion 30-year bonds with a coupon of 9.375 per cent, which have been admitted to trading on the regulated market of the London Stock Exchange.

Peter Young, debt capital markets partner, Norton Rose Fulbright, comments:

Osborne Clarke advises Corin on majority stake sale to Permira funds

11 May 2018

International legal practice Osborne Clarke has advised the shareholders of leading orthopaedic company, Corin, on the majority stake acquisition by global investment firm Permira.

Following five years of outstanding growth, Corin is one of the fastest growing orthopaedic firms.  The substantial investment  is expected to fuel the next stage of Corin’s development. Chief Executive Stefano Alfonsi and the management team will continue to lead Corin and will remain significant investors in the Company alongside the Permira funds.

Covington Advises German Private Equity Fund on Medical Device Acquisition

10 May 2018

Covington advised Adiuva Fund II GmbH & Co. KG, a private equity fund advised by Adiuva Capital GmbH, on the acquisition of nt-trading from private equity investor INVICTO Invest GmbH and various co-investors.

Adiuva Capital is a Hamburg-based independent investment firm focused on investing in mid-sized enterprises. nt-trading is headquartered in Karlsruhe, Germany and specializes in the development and the production of premium products in the field of dental implant technology.