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Banking & Finance - Bank Lending/Credit Facilities

WFW advises ING Bank on €19m loan facility to Borusan

02 Mar 2019
Watson Farley & Williams ("WFW") has advised ING Bank ("ING"), a branch of ING-DiBA AG, as lender, facility agent, and mandated lead arranger on a circa EU19m multi-tranche loan facility to Borusan Mannesmann Boru. San. Ve. Tic. A.S, a member of the Borusan group for the financing of construction materials and services from Austrian exporters to be used in steel production plants located in Gemlik and Halkali, Turkey.

Milbank Advises Pemberton on the Refinancing of frostkrone Group and Financing for Acquisition of Rite Stuff Foods Group

01 Mar 2019

Milbank LLP has advised the German office of Pemberton, the diversified asset manager, on the refinancing of the frostkrone Group and on the financing for the acquisition of the Rite Stuff Foods Group by frostkrone Group. For this purpose, Pemberton provides a Unitranche term facility. In addition, Berenberg is participating in the total financing with a super senior term facility and a revolving facility. 

 

Sidley Assists InfraRed NF in Providing US$92.2 Million Mezzanine Loan to Fullsun International Holdings Group

25 Feb 2019

Sidley has assisted InfraRed NF in providing a US$92.2 million mezzanine loan to Fullsun International Holdings Group (HKex:627) (Fullsun International). InfraRed NF, a leading Hong Kong-based real estate investment manager, co-invested with Firewave Management Limited, an indirect wholly owned subsidiary of a Singapore-listed company, Metro Holdings Limited, on this loan.

Ropes & Gray Advises Bain Capital Credit and ICG on Study Group Acquisition Financing

25 Feb 2019

Ropes & Gray is advising Bain Capital Credit and Intermediate Capital Group as lenders in connection with the financing of the proposed acquisition of Study Group – a leading provider of international education in the UK and Europe, Australia, New Zealand and North America - by Ardian, from Providence Private Equity.

G+T advises CBA and United Overseas Bank, Sydney Branch on A$604 million debt facility

22 Feb 2019

Gilbert + Tobin have acted as advisers to Commonwealth Bank of Australia and United Overseas Bank Limited, Sydney Branch as Mandated Lead Arrangers and Underwriters for the A$604 million debt facility in order to fund the acquisition of the Ixom Group by the Keppel Infrastructure Trust from Blackstone.

The transaction and documentation was structured to provide for the significant transactional banking needs of the Ixom Group’s global business, with those arrangements sitting alongside the acquisition debt in the structure.

Dentons Muñoz represents IDB Invest in $40 million secured loan to Metrobank, S.A. in Panama

22 Feb 2019

On December 21, 2018, the Inter-American Investment Corporation (“IDB Invest”) as lender, and as agent on behalf of Inter-American Development Bank, closed on a $40 million secured A/B loan facility to Metrobank, S.A., a sociedad anónima organized and existing under the laws of the Republic of Panama.

Clifford Chance advises Barclays on AU$1.7 billion acquisition financing by EG Group of Woolworths' petrol stations

22 Feb 2019

Leading international law firm Clifford Chance has advised multinational investment bank and financial services company Barclays on the financing for the AU$1.7 billion acquisition by EG Group of Woolworths' petrol stations.
The deal represents UK-based EG Group's first significant entry into Australia. The financing was arranged by Barclays as "lead left", with Deutsche Bank and UBS acting as the other arrangers and lead managers.

Baker McKenzie Wong & Leow advises on USD 3 billion acquisition financing loan to UPL Corporation

19 Feb 2019

Baker McKenzie Wong & Leow recently acted as the lead counsel and English counsel to the mandated lead arrangers — MUFG, Rabobank, ANZ, Barclays, DBS, First Abu Dhabi Bank, JP Morgan and Societe Generale — and to more than 20 primary syndicate lenders on a USD 3 billion syndicated acquisition financing facility to UPL Corporation Limited for the acquisition of Arysta LifeScience Inc. from Platform Specialty Products Corporation. This deal is the largest outbound M&A by an Indian company since the 2008 global financial crisis.