Ashurst has advised Hime-Saur group in relation to its lender-led restructuring and the acquisition of an equity stake in the group by the senior lenders. The transaction closed on 8 October 2013.

The Commercial Court of Versailles gave approval on 26 July 2013 with regard to the two conciliation protocols for Saur and Hime, allowing, notably, the EUR1.8 billion debt restructuring, the provision of EUR200 million of new credit lines and the equity stake to be taken by the senior lenders.

Ashurst advises Berenberg on the financing of the acquisition and public takeover of Bien-Zenker AG by investment company ADCURAM. ADCURAM takes over the majority of Bien-Zenker by way of acquiring the shares held by ELK Fertighaus Aktiengesellschaft and in addition makes a public takeover offer for the shares in free float.

The Ashurst team was led by banking partner Dr Tom Beckerhoff, assisted by counsel Miriam Petri (Real Estate), associate Axel Walch and transaction manager Dominique Blaurock (both Banking, all Frankfurt).

Simpson Thacher represented Kohlberg Kravis Roberts & Co. L.P. (“KKR”) in the substantially contemporaneous acquisitions of PRA Holdings, Inc. (“PRA”) by KKR and of RPS Parent Holding Corp. (“RPS”) by PRA. As part of the financing for the acquisitions, PRA issued $375 million aggregate principal amount of 9.500% Senior Notes due 2023 in a Rule 144A and Regulation S offering and entered into a new $825 million term loan facility and a new $125 million revolving credit facility.

Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. as joint lead arrangers and joint book managers in connection with a $10 billion 364-day credit facility for Johnson & Johnson.

The Shearman & Sterling team included partner Maura O'Sullivan (New York-Finance) and counsel Susan Hobart (New York-Finance) and Sharon Lippett (New York-Executive Compensation & Employee Benefits).

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised BNP Paribas, Succursale Italia on a €30,000,000 revolving loan facility – as well as on the related security documents – granted to Atlantica S.p.A. di Navigazione.

WFW Italy partner Furio Samela led the team on the loan facility and was supported by associates Michele Autuori and Emanuele Caretti.

Atlantica S.p.A. di Navigazione forms part of the Grimaldi Group of Naples, a multinational ro-pax, ro-ro and ferry operator.

Slaughter and May advised Derwent London plc, a leading London property developer and investor, on its new £550 million, five year, unsecured revolving credit facility.

International law firm Pinsent Masons has advised, Barclays, HSBC, Lloyds and Royal Bank of Scotland, on the £550 million revolving facility for FTSE 250 property investment company Derwent London plc.

Hamburg, Berlin, September 24, 2013 ... Global law firm White & Case LLP has advised Deutsche Bank, Commerzbank, Nord/LB and NRW.BANK in their roles as Arrangers on the financing of the acquisition of nearly 63 percent of the shares in E.ON Westfalen Weser AG by Westfalen Weser Energie GmbH & Co. KG.

Allen & Overy LLP has advised the specialty chemicals Group ALTANA, headquartered in Wesel on the Lower Rhine, on the acquisition financing (a syndicated loan from Deutsche Bank) of the global rheology business of Rockwood Holdings U.S. Inc . The division of Rockwood "Performance Additives" is a leading global provider of rheology additives which can determine the flow behavior of different materials. The purchase price is 635 million US dollars.

SJ Berwin advised frozen products company Picard Group in connection with the refinancing of € 675 million senior debt which was acquired in 2010 during the acquisition of the group by Lion Capital. This refinancing was made ​​by the issuance by the Picard group of Floating Rate Notes for an amount of 480 million repayable in 2019 and the establishment of a revolving credit facility up to $ 30 million euros.