Shearman & Sterling acted as US law counsel to J.P. Morgan Securities plc and UniCredit Bank AG in the €360 million high yield bond issue of CMF S.p.A. (company entirely held by Manutencoop Società Cooperativa) and to J.P. Morgan Limited and UniCredit S.p.A. as lenders in the related €50 million super senior revolving credit facility. The transactions closed on July 7, 2017.

Advising Bastide in connection with the setting-up of a new syndicated loan of an amount of €155M, including the refinancing of the syndicated loan signed in 2016 for an amount of € 90M and new financings for an amount of € 65M.

The commercial law firm Noerr advised DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Germany, and NRW.BANK on acquisition financing. In a strategic acquisition, Leonard Moll AG took over the Techno-Physik group, one of the world's leading providers of systems for high-end insulation and fire protection products. The sellers in the deal include the holding company Finatem.

Slaughter and May is advising DS Smith Plc, the leading provider of corrugated packaging in Europe and of specialist plastic packaging worldwide, on the debt financing aspects of its proposed US$920 million acquisition of Interstate Resources, a family-owned integrated packaging and paper producer concentrated on the East Coast of the United States. The acquisition will be financed in part by a £400 million bridge facility with Citigroup Global Markets Limited and J.P.

Global law firm White & Case LLP has advised the financing banks on the acquisition by CVC Capital Partners of Pasubio S.p.A., a specialised producer of luxury automotive upholstery and manufactured leather.

The White & Case team which advised on the transaction was led by partners Michael Immordino (Milan & London), Iacopo Canino (Milan), Martin Forbes and Ben Wilkinson (both London), associates Silvia Pasqualini, Stefano Bellani (both Milan), Andrew Vickers, Hafsa Raza and Setareh Taei (all London) and lawyer Giovanna Bellofiore (Milan).

Allen & Overy LLP has advised Salzgitter Aktiengesellschaft on a EUR 560 milion syndicated revolving credit facility.

MUNICH, June 30, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP advised the German arm of the pan-European credit fund Pemberton on the acquisition financing of univativ Group by the private equity firm Triton.

Gleiss Lutz has advised the German-Scandinavian private equity house Triton on the financing of its acquisition of univativ, a leading German provider of specialised personnel services. The financing is made available by means of a unitranche provided by Pemberton European Mid-Market Debt Fund. The parties have agreed not to disclose the purchase price or the amount of the loan. The transaction is subject to the approval of the responsible antitrust authorities in the relevant jurisdictions.

Clifford Chance advised on the formation and US$250 million initial public offering and concurrent private placement of Safety, Income and Growth, Inc. ("SAFE"). Clifford Chance also advised on SAFE's pre-IPO financing with institutional investors and the arrangement of a US$300 million credit facility for the company. Formed and wholly owned by real estate investment firm iStar Inc., SAFE is the first public REIT to own, manage, finance and capitalize ground net leases ("GNLs").

London—Dentons has advised OakNorth Bank (OakNorth), the UK bank that is democratising non-standard lending, on its £20 million leveraged term, capex and revolving credit facilities with Brasserie Bar Co Ltd (Brasserie Bar), the group behind restaurant and pub brands Brasserie Blanc and the White Brasserie Company.