Clifford Chance Moscow team has advised a syndicate of banks on the EUR150 million Russian law syndicated facility for PJSC Chelyabinsk Pipe plant (ChelPipe), the leading Russian manufacturer of tubular goods and the provider of integrated solutions for fuel and energy companies.

The deal was closed as a four-year unsecured facility. Raiffeisenbank, Commerzbank, UniCredit, Rosbank, ICBC and Agricultural Bank of China Limited acted as Mandated Lead Arrangers. Raiffeisenbank acted as Documentation Agent and Facility Agent for the Facility.

Watson Farley & Williams (“WFW”) advised Dutch investor Maas Capital Renewables, part of ABN AMRO Private Equity, on the circa €38m refinancing of its solar portfolio comprising of six ground-mounted photovoltaic plants.

The plants, with a total installed capacity of 15.6 MWp, are located in the Molise, Puglia and Lazio regions of Italy.

TLT has helped German-headquartered Novoferm Europe Limited expand its operations with the acquisition of UK-based Bolton Gate Services Limited.
Novoferm – the European subsidiary of Tokyo-listed Sanwa Shutter Corporation and one of Europe's largest suppliers of entrance solutions – has acquired 100% of Bolton Gate Services – a leading provider of 24/7 door and shutter maintenance and repair services across the UK.

Slaughter and May, has advised Nordea Bank AB (publ) (together with Citibank, N.A., London Branch and Skandinaviska Enskilda Banken AB as the Original Lenders) on the SEK 11 billion term facility agreement made available to Tele2 AB (publ) to finance a merger with Com Hem Holding AB (publ).

Slaughter and May worked as a team with Nordea’s in-house counsel in Sweden.

Contacts

Stephen Powell (partner), George Silber (associate), David Hay (associate), Polly Streather (trainee)

International legal practice Osborne Clarke is advising TiGenix, an advanced biopharmaceutical company listed on Euronext Brussels and NASDAQ (TIG), in connection with the intended acquisition by Takeda Pharmaceutical Company Limited (“Takeda”).

Herbert Smith Freehills has advised Alinta Energy owner, Chow Tai Fook Enterprises (CTFE) on the acquisition of the 1,000MW Loy Yang B Power Station located in Victoria.

The Herbert Smith Freehills team was led by Partner Robert Nicholson with support from Partner Nick Baker, Executive Counsel Michelle Palethorpe, Senior Associates Claire Thompson and Brodie Same and Solicitors Lily Zhang and Madeleine Miller.

Herbert Smith Freehills has advised Alinta Energy owner, Chow Tai Fook Enterprises (CTFE) on the acquisition of the 1,000MW Loy Yang B Power Station located in Victoria.

The Herbert Smith Freehills team was led by Partner Robert Nicholson with support from Partner Nick Baker, Executive Counsel Michelle Palethorpe, Senior Associates Claire Thompson and Brodie Same and Solicitors Lily Zhang and Madeleine Miller.

With a team led by Dr. Thorsten Kuthe, Heuking Kühn Lüer Wojtek advised The Grounds Real Estate Development AG on a reverse IPO by contributing The Grounds Real Estate AG to a shell company. Subsequently, a private placement in Germany was successfully completed with the subscription of 2.2 million shares. The next step will be a dual listing of The Grounds Real Estate Development AG shares in the AltX segment of Johannesburg Stock Exchange. The shares will thus be placed with institutional investors in South Africa.

Wolf Theiss has advised Revetas Capital Fund II and an affiliate of Cerberus Capital Management, L.P. on their acquisition of a leading hotel complex with approximately 86,000 sqm of gross leasable area in Bucharest, Romania.

The complex includes two hotel facilities, the Radisson Blu and Park Inn Hotels, as well as approximately 7,500 sqm of prime retail space. In addition to providing M&A assistance and real estate due diligence, Wolf Theiss assisted the purchasers in relation to financing and refinancing of the acquiring and the acquired companies' debt.

Eversheds Sutherland financial service team in Italy advised Sorgente SGR, one of the main Italian real estate asset managers, in structuring and setting up its second fund focusing on NPL investments.
 
The new fund (named Fondo Perugino) enriches the offering of Sorgente, one of the few asset managers in Italy which have launched this type of alternative investment funds, in the credit sector.
 
The Eversheds Sutherland team was led by Alessandro Engst and comprised Valerio Lemma, Lorenzo Toppini and Carlotta Riggi.