Clifford Chance Amsterdam has advised Encavis AG (formerly Capital Stage AG) on the acquisition of a construction-ready solar park with a total output of 43.9 megawatts (MW) in the Netherlands from Solarcentury by Encavis. The park is located near the city of Eindhoven. The solar park has taken out a debt financing from Rabobank to finance construction. Clifford Chance Amsterdam also acted as counsel to the Borrower jointly owned by SolarCentury and Encavis.

Irwin Mitchell is advising Artisan Real Estate Investors on the acquisition of Natwest Court Bristol,  a sprawling city centre building of 116,000 square feet in the centre of Bristol, which has been purchased from Direct Line.

Artisan plans to redevelop the building as part of the extensive regeneration project for the collection of buildings in Bristol’s Historic Quarter, fronting Broad Street and Nelson Street into a mixed-use scheme comprising residential, and retail anchored by a hotel.

Slaughter and May advised FirstGroup plc on its US private placement of $100,000,000 4.17% notes due 27 March 2025 and $175,000,000 4.29% notes due 27 March 2028. The notes were placed with US institutional investors. The proceeds of the issuance were used towards the repurchase of FirstGroup’s existing £300,000,000 8.125 per cent. Bonds due 2018 on 28 March 2018.
Contacts

Ed Fife (partner), Charlie McGarel-Groves (associate), Charlotte Ferard (associate); Tax: Sara Luder (partner), Stephanie Baxter (associate

Stephenson Harwood LLP has advised shipping company Team Tankers International Ltd on a US$220 million senior secured credit facility.

TLT has completed its third land acquisition in four months for Persimmon Homes Limited, one of the UK's most successful house builders, in Tuffley, Gloucester.

The site has planning permission for 250 residential units and answers increasing demand for house building in the South West, as the region continues to attract residents and businesses. The other land acquisitions were in Calne in Wiltshire and Keynsham in Somerset.

Watson Farley & Williams (“WFW”) has advised Norddeutsche Landesbank Girozentrale and NORD/LB Luxembourg S.A. Covered Bond Bank on the financing of the acquisition of Albrecht & Dill Cosmetics GmbH (“A&D”) by German Equity Partners IV, a fund managed by the private equity firm ECM Equity Capital Management. The financing, which included a working capital facility, closed on 28 February 2018.

Nasdaq and Toronto Stock Exchange listed Mitel Group sells its German direct systems integrator DeTeWe Communications GmbH to Ostertag. Taylor Wessing has been advising Mitel in this transaction, through which Mitel is selling its non-core system integration business to Ostertag, a prominent platform-independent ICT systems integrator in Germany. Upon Closing, DeTeWe Communications, as part of the Ostertag Group, will continue to be a channel partner for Mitel in Germany, and all other existing suppliers.

Jeffrey Steiner, Scott Weinberg, Dino Fazlibegu and Robert Unger Deliver Experience in Highly Structured Complex Financial and Real Estate Transactions

International law firm McDermott Will & Emery today announced the expansion of the Firm’s real estate finance capabilities with the arrival of partners Jeffrey Steiner, Scott Weinberg, Dino Fazlibegu and Robert Unger. The group will be based in the Firm’s New York office with a focus on complex structured financial and real estate transactions.

Katten Muchin Rosenman LLP announced that Steven J. Reisman, widely recognized for his handling of domestic and international insolvency and restructuring matters, has joined the firm as a partner and head of its New York Insolvency and Restructuring practice. Joining Reisman as partners in the group are Theresa A. Foudy, Shaya Rochester and Cindi M. Giglio. Evan S. Borenstein, also a member of the incoming team, will join as a partner in Katten's New York Corporate practice group.

King & Spalding announced that intellectual property trial lawyer Jim Brogan will be joining the firm as a partner in its Trial and Global Disputes practice group. Brogan comes from Cooley, where he spent 17 years and chaired the firm’s intellectual property practice from 2012 to 2016. He joins fellow intellectual property trial lawyer Tom Friel, who joined the firm from Cooley in February.