CDC is investing EUR46 million in ONOMO Hotels, a 3-star hotel group targeting African business travellers crossing the continent. The new investment will boost foreign exchange revenue, support the growth of a thousand jobs across the region, and build the hotel infrastructure to make business easier in some of Africa’s challenging regions.
International law firm CMS is pleased to have supported longstanding client BT on its multi-year agency deal for BT to market and sell Sky’s NOW TV service to BT TV customers.
International legal business DWF has advised the London branch of Joh. Berenberg, Gossler & Co. KG in relation to SigmaRoc PLC's placing which raised £13.9m. Berenberg acted as sole broker and bookrunner to the placing.
International legal business DWF has advised the London branch of Joh. Berenberg, Gossler & Co. KG in relation to SigmaRoc PLC's placing which raised £13.9m. Berenberg acted as sole broker and bookrunner to the placing.
Eversheds Sutherland has advised US listed company Horizon Global Corporation (NYSE: HZN), the world’s leading manufacturer of branded towing and trailering equipment, on the acquisition of Brink Group from private equity investor H2 Capital Partners. The Brink Group is an industry-leading innovator and manufacturer of towbars, wiring kits and towing accessories.
Linklaters has advised the Mandarin Oriental Hotel Group on Hanover Bond, its latest premium West End development. The boutique property will feature 50 guest rooms and suites alongside 80 branded residences offering the most exclusive private homes in the city.
The development is situated on Hanover Square, between Bond Street and Regent Street. Owners of the Residences at Mandarin Oriental located in the hotels upper floors will have access to the full hotel experience.
International law firm Pinsent Masons has advised B&S Group (B&S), the family-owned integrated pharmaceuticals supply and distribution business, on securing £85 million in asset-based lending (ABL) facilities from a three-bank club led by HSBC Invoice Finance and including Lloyds Bank and BNP Paribas Commercial Finance.
The new ABL facilities will be used to refinance B&S’s existing ABL facilities and support the growth of the business. B&S was advised on the refinancing by KPMG LLP.
The firm has assisted a syndicate of banks led by Mediobanca - Banca di Credito Finanziario S.p.A. acting as Documentation Agent, Bookrunner and Mandated Lead Arranger.
The deal consists in a revolving credit facility for up to EU 10 billion granted to Enel S.p.A. and its subsidiary Enel Finance International N.V. This replaces the pre-existing EU 9.44 billion facility which was renegotiated in February 2015.
Simmons & Simmons, led by partners Melody Yang (on the fund documents side) and Jason Valoti (on the trading documents side), has recently advised Man Group on the launch of the first onshore systematic trend following fund managed by a foreign-invested fund management company in China.
The fund is a quantitative systematic trend following fund, and its strategy leverages on Man AHL’s 30 years of quantitative investing expertise to serve the needs of qualified investors in China.
A Squire Patton Boggs team has played a significant role in AmBev’s, the biggest brewery in Latin America and the fifth in the world, increase in its majority stake of Tenedora CND for US$927 million. Tenedora CND is a Dominican holding company that controls Cervecería Nacional Dominicana (CND), the largest brewery unit in the Caribbean.
International law firm Watson Farley & Williams (“WFW”) has advised Marguerite Fund, Luxembourg (“Marguerite”) on the financing of the Swedish wind farm project “Grimsås”.
The wind farm, which has a total capacity of 46.8 MW, has been acquired by Marguerite in an all equity deal in June 2017 from Element Power and Karftö Vind.