Ropes & Gray Advises Altice USA on a $1.5 Billion Bond Offering and $2.56 Billion Refinancing of Revolving Credit Facilities
Hull-Based Holiday Home Manufacturer Completes MBO
Allen & Overy advises banks on financing for one of the largest vertically integrated aluminium producers in Europe, Alro
Allen & Overy's Bratislava and Bucharest offices have advised a syndicate of banks made up of Raiffeisen Bank International and Raiffeisen Bank Romania as coordinators and Raiffeisen Bank International, Banca Transilvania, UniCredit Bank, Garanti Bank and Intesa SanPaolo Romania as lenders in relation to a credit facility in amount of approximately USD 68 million granted to Alro for covering general corporate needs and working capital of the company as well as future investments.
Dentons advised mBank on acquisition financing for MCI's investment in IAI
Dentons' Banking and Finance team in Warsaw advised mBank in preparing and negotiating the finance documents related to private equity fund MCI.EuroVentures' acquisition of a 51% stake in software company IAI S.A. The transaction is an example of a leveraged buyout investment (LBO) partly funded by acquisition and mezzanine finance. MCI's investment amounts to PLN 140 million. IAI's founders retain ownership of 49% of the shares.
Hogan Lovells advises EDF on its ESG-Indexed Credit Facility
Hogan Lovells has advised Electricité de France S.A. (EDF), the French majority owned state electric utility company, on the introduction of a sustainability pricing mechanism indexing the margin of its €4 billion syndicated revolving credit facility to three of EDF’s environmental, social and governance (ESG) criteria:
EDF’s direct CO2 emissions;
Dentons advises Chorus Aviation on US$300 million financing to support the growth of its regional aircraft leasing business
Osborne Clarke advises Scranton Enterprises on acquisition financing for its purchase of Grifols companies Biotest and Haema as part of $537m sale
Milbank Advises Banking Consortia on Refinancing of United Internet AG and Financing for 1&1 Drillisch AG
The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised a European banking consortium on the refinancing of an existing credit facilities agreement of United Internet AG. The new syndicated loan financing comprises term loans for United Internet and revolving credit facilities for United Internet and its subsidiary 1&1 Drillisch AG. In addition, Milbank has advised the lenders on financing for 1&1 Drillisch AG. The financings consist of independent syndicated loan agreements with a volume of several billion euros.
Milbank Advises Banking Consortium on Refinancing of DSI Group
The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised an international banking consortium on the refinancing of the existing credit facilities agreement of DYWIDAG Systems International (DSI) Group. The new group financing facilities comprise two independent syndicated loan agreements for the construction and the underground parts of the group and has a total volume of around 245 million Euro.
GIFTCRAFT COMPLETES RECAPITALIZATION AND PARTNERS WITH CID CAPITAL AND ORIX MEZZANINE & PRIVATE EQUITY
Giftcraft Ltd. announced a significant recapitalization and new partnership with CID Capital and ORIX Mezzanine & Private Equity.
Giftcraft Ltd., headquartered in Toronto, Ontario, services a diverse network of décor and giftware retailers in North America and internationally. CID Capital makes majority investments in lower-middle-market consumer product companies. ORIX Mezzanine & Private Equity invests control and non-control equity and mezzanine capital in lower-mid to middle-market companies.