DLA Piper represented Avison Young, a Toronto-based global commercial real estate services firm, in its acquisition of GVA, a London-based leading real estate advisory-led business, and the related financing transactions.
BBVA and Red Electrica Corporation have become the first in the world to deliver a syndicated loan using blockchain. Linklaters advised BBVA on the €150m syndicated loan with the whole facility’s negotiation process closed over the blockchain network. Linklaters also advised MUFG of Japan and BNP Paribas as co-lenders.
Slaughter and May advised AngloGold Ashanti, a leading global gold producer headquartered in South Africa, on a new five-year revolving credit facility with a syndicate of fourteen banks. The new revolving credit facility is for an amount of US$1.4 billion and is a multi-currency facility, allowing for drawings in US$ and in A$ up to a maximum of A$500m. This new facility replaces the group's existing US$1 billion and AU$500 million unsecured facilities put in place in 2014.
Allen & Overy advised private equity investor One Equity Partners ("OEP") in connection with the financing of the acquisition of ALLTUB Group ("ALLTUB").
Allen & Overy's international team advised on the complex financing structure of the transaction, consisting of a unitranche financing in the form of a notes facility, provided by Partners Group.
BBVA and Red Electrica Corporation have become the first in the world to deliver a syndicated loan using blockchain. Linklaters advised BBVA on the €150m syndicated loan with the whole facility’s negotiation process closed over the blockchain network. Linklaters also advised MUFG of Japan and BNP Paribas as co-lenders.
Watson Farley & Williams (“WFW”) advised Norway’s DNB Bank ASA (“DNB”), as facility agent and security agent for a syndicate of banks comprising itself, ABN AMRO Bank N.V., BNP Paribas, Danish Ship Finance and Skandinaviska Enskilda Banken AB, in relation to a US$310m loan facility provided to Star Bulk Carriers Corp. (“Star Bulk”).
Secured on 26 vessels in Star Bulk’s fleet, the facility consists of two tranches:
Leading international law firm Clifford Chance has advised China Southern Power Grid International (HK) Co., Ltd., the wholly owned investment platform of China Southern Power Grid Co., Ltd. (CSG), on its acquisition of 24.92% stake in Encevo S.A., a leading energy utility company based in Luxembourg, from Ardian, a European based private equity investment house.
Morrison & Foerster advised Vector Capital in its agreement to provide a $100 million second lien term loan to support Permira Funds’ acquisition of Synamedia, a leading video software solutions provider, from Cisco.
Vector Capital is a global private equity firm that specializes in transformational investments in established technology businesses. The agreement was announced on October 29, 2018.
Slaughter and May is advising Midlothian Capital Partners on the acquisition of HB Education, the holding company of educational and activity brands including PGL, from Cox & Kings. The transaction values HB Education at £467m on a cash- and debt-free basis. The firm is also advising on the related acquisition financing and management equity arrangements.
International law firm Ashurst advised Australia and New Zealand Banking Group Limited (ANZ), as lender and mandated lead arranger, on a A$150 million reserve-based lending (RBL) facility in favour of Senex Energy Limited (Senex), and subsidiaries, to fund expansionary capital expenditure across its Surat Basin and Cooper Basin oil and gas acreage.
The facility is the first senior reserve-based lending facility for a natural gas project in Australia not backed by LNG.