Osborne Clarke has advised Barratt David Wilson Kent (BDW Kent) on its purchase of land to develop over 300 new homes at Ebbsfleet Garden City in Kent. 

The Ebbsfleet development was recently accelerated by a £74 million deal completed by Homes England, to fund a range of infrastructure works that include earthworks to fill in a lake to prepare the land for the development of housing.

New homes will also be developed at the site by Countryside Properties and Clarion Housing Group in a new joint venture.

Slaughter and May advised Euroclear Investments on the issuance of €300 million 1.50% 12-year Senior Bonds and €400 million 2.625% 30-year Corporate Hybrid Bonds. The Bonds, issued on 11 April 2018, were issued under English law and have been admitted to trading on the Irish Stock Exchange plc, trading as Euronext Dublin. Placement was made across a broad range of qualified investors.

Citi was sole structuring advisor and global coordinator for the transaction, and joint lead manager with MUFG Securities EMEA plc.

Contacts

A King & Wood Mallesons (KWM) team led by Rebecca Finkelstein and Yuen-Yee Cho advised Infigen Energy on its recent $605 million financing transaction and the unwinding of its existing global corporate finance and Woodlawn project finance arrangements. 

This transaction complements the corporate and capital markets work that KWM has been undertaking with Infigen Energy over a number of years, led by Shannon Finch and David Friedlander.
 

Allen & Overy represented Credit Suisse as lead arranger in connection with the $250 million acquisition financing for the Jersey-based European exchange-traded commodity, currency and short-and-leveraged business of ETF Securities by WisdomTree Investments, Inc. (NASDAQ: WETF). The financing consists of a $200 million term loan A and a $50 million revolving credit facility.

BUCHAREST - RTPR Allen & Overy has advised the syndicate of banks made up of ING Bank N.V. through ING Bank N.V. Amsterdam.

Bucharest Branch, Banca Comerciala Romana, Raiffeisen Bank SA and UniCredit Bank SA in relation to a credit facility in amount of USD 360 million granted to KMG International group for covering the regular needs in the group activity.
 

RTPR Allen & Overy has advised the shareholders of A&D Pharma on the multijurisdictional sale of the group to the pharmacy network Dr. Max owned by Penta Investments. The transaction which was signed at the end of last year was closed in Amsterdam last Thursday.

Allen & Overy represented EG Group as the company entered into a definitive agreement to acquire the convenience store business unit from The Kroger Co. (“Kroger”) (NYSE:KR) for $2.15 billion. The transaction is expected to close during the first quarter of Kroger’s fiscal year.

As part of the agreement, EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, United Kingdom, will establish its North American headquarters in Cincinnati, Ohio and continue to operate stores under their existing banner names.

Bevan Brittan's market leading Waste and Energy team have advised Devon County Council on the completion of a major residual waste treatment PPP project. The PPP contract was signed with Suez Recycling and Recovery Limited in April 2018.  

The project involves the construction of a new Waste Acceptance Facility near Barnstaple and treatment of 45,000 tonnes per annum of residual waste at the Severnside Energy Recovery Centre (SERC) near Bristol. The SERC has a processing capacity of 400,000 tonnes per annum and will export around 34 MW of electricity.

Clifford Chance is advising Czech Media Invest (CMI), a leading media group, on the acquisition of the regional radio assets of multinational media conglomerate Lagardère Group. The transaction, valued at €73 million on a consolidated revenue of around €56 million in 2017, includes popular, mainstream radio stations in the Czech Republic, Poland, Romania and Slovakia. The closing of the transaction is subject to competition clearance from the local regulatory authorities in the countries concerned.

Affiliates of the Harbert European Real Estate Fund HEREF IV LP (UK) have acquired the Düsseldorf office ensemble Duo from Deka Immobilien. No information has been provided about the sale price. The international law firm Clifford Chance advised Harbert on the transaction.

The property on Luise-Rainer-Straße, also known as Büropark Grafenberg, consists of an arc-shaped low rise building and an 18-story high rise with a total of about 34,000 sqare metres lettable space. DW Real Estate in Frankfurt is taking on the asset management of the property.