The Firm represented the initial purchasers, led by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, in connection with a Rule 144A/Regulation S offering of $450 million aggregate principal amount of 4% Senior Notes due 2024 issued by Michael Kors (USA), Inc. and guaranteed by Michael Kors Holdings Limited and certain of its subsidiaries. The Firm also represented the arrangers in connection with a $1 billion revolving facility and an aggregate $1 billion term loan facility for Michael Kors Holdings Limited and certain of its subsidiaries.

Two solar plants totalling 80MW in Ben Ban area

US$87 million in syndicated loan

International law firm Clifford Chance has advised the lender European Bank for Reconstruction and Development (EBRD) on a US$87 million syndicated loan to Infinity for Solar Energy and IB Vogt's two solar projects in Egypt.

The investment is part of the EBRD’s US$500 million framework for renewable energy in Egypt. EBRD have currently invested €2.7 billion across 51 projects in the country.

Shearman & Sterling advised a consortium of banks (Bayerische Landesbank, Commerzbank Aktiengesellschaft, ING Bank, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale and Norddeutsche Landesbank–Girozentrale) on a long-term refinancing for Allgeier. The revolving loan facility of €180 million provides flexibility for further growth.

Ashurst advised Ardian Private Debt on the financing of the acquisition of German nursing home operator EMVIA Living by private equity firm Chequers Capital (Chequers). EMVIA Living was sold by MK-Kliniken AG (formerly Marseille-Kliniken AG).

The financing is another milestone of Ardian Private Debt's activities in Germany. The parties have agreed not to disclose the purchase price and financing volume.
EMVIA Living is present in 12 German federal states and has 46 care facilities.

Global law firm White & Case LLP has advised the senior lenders Credit Suisse Securities (Europe) Limited, as global coordinator and joint bookrunner, and KKR Capital Markets Limited and Société Générale, as joint bookrunners, on the €270 million offering of 4.25% senior secured notes due 2024 by Louvre Bidco SAS, a subsidiary of funds advised by BC Partners, to finance the acquisition of the MCS Group.

RWS Holdings Plc ("RWS") has announced its proposed US$320m acquisition of Moravia, a Czech-based provider of technology enabled localisation services.

Ashurst LLP advised LGT European Capital Ltd regarding the financing of the acquisition of the 5àSec Group by Bridgepoint.

Bridgepoint took over the French 5àSec Group. A debt fund run by LGT European Capital (Etienne Haubold, Thomas Hervé, Cécile Loiseau) financed this unitranche debt transaction. It was completed on 17 October 2017.

5àSec is the world leader in dry cleaning and laundry services. It gathers more than 1,700 stores in 31 countries.

Global law firm Norton Rose Fulbright has advised a syndicate of five banks, coordinated by Rabobank, on the financing for the European business of Jindal Group.

The Jindal Group is a steel and energy conglomerate, with headquarters in India. The financing was partly used for the acquisition of Apeldoorn Flexible Packaging from Dutch private equity investor Bencis.

The firm advised the banks on the national and international aspects of the financing and worked together with colleagues in New York, Milan and Brussels.

Shearman & Sterling represented Interoute Finco on its new €640 million term loan facility agreement. Interoute Finco is a wholly owned subsidiary of Interoute Communications. Part of the net proceeds from the new term loan was used to fund the redemption in full of Interoute's existing €350 million senior secured notes due 2020. Interoute is the owner operator of Europe's largest network and a global cloud services platform.

Ashurst comprehensively advised funds advised by DPE Deutsche Private Equity Management III GmbH (DPE) on the acquisition and the financing of Euro-Druckservice GmbH (EDS).

The provider of print marketing solutions for retailers was sold by a consortium of three shareholders, which was advised by Kartesia. The transaction is subject to approval by the relevant competition authorities. The parties have agreed not to disclose details of the transaction.