Advised affiliates of Atrium Innovations, a nutritional health products provider, in connection with the entering into of an amendment to a US$740 first lien credit and guaranty agreement arranged by Royal Bank of Canada and the repayment of a US$150 million second lien credit and guaranty agreement.
Houthoff Buruma team included: Helena Sprenger
Gernandt & Danielsson advises in the financing of ALM Equity's acquisition of shares in the residential developer Småa AB. ALM Equity has acquired the shares from JM, HSB Projektpartner and from former and current employees in Småa AB.
The total purchase price amounts to SEK 870 million and the acquisition has been financed by a bank loan and preference shares. Gernandt & Danielsson has advised ALM Equity with the bank financing provided by Nordea Bank.
Watson Farley & Williams (“WFW“) advised Crédit Agricole Carispezia on a new loan granted to Rimorchiatori Riuniti Porto di Genova S.r.l., a company fully controlled by Rimorchiatori Riuniti S.p.A., to finance the acquisition of the “Malta” tugboat and on the amendments to two existing financings granted in connection with the acquisition of the “Norvegia” and “Messico” tugboats, for a total amount of €15m. Crédit Agricole Cariparma S.p.A. is the Italian subsidiary of French banking group Crédit Agricole.
Clifford Chance advised NordLB as financing bank on the financing of the investment in frostkrone group by funds advised by EMERAM Capital Partners GmbH. NordLB was the sole underwriter for the credit facility.
The investment is made by EMERAM and by the CEO of frostkrone group to support frostkrone's growth strategy. Frostkrone group is a leading supplier in frozen finger food. The sale and purchase agreement was signed with Ardian as seller of the group. The parties agreed not to disclose the purchase price. The transaction is still subject to antitrust clearance.
Shearman & Sterling advised the borrowers on the financing of the acquisition of ARWE Group, an international mobility services provider headquartered in Munich, by Luxempart S.A. and BIP Investment Partners S.A. Sellers are Triginta Capital and the management of ARWE Group.
ARWE Group is a market and innovation leader for automotive services in Europe and provides personnel intensive, technical and logistic processes for automotive manufac-turers, automotive retail and car rental companies.
WISeKey International Holding Ltd ("WISeKey") (SIX: WIHN) announced that it has obtained a USD 16.4 m secured line of credit facility (the "Credit Facility") for acquisition financing with maturity up to 18 months from ExWorks Capital, a U.S. private debt fund specializing in international trade and working capital financing.
The London, New York and Moscow offices of Hogan Lovells have advised Bank of America Merrill Lynch (BAML) in a $250 million revolving ABL facility to U.S. subsidiaries of NLMK, a global steel producer. BAML was appointed as the sole coordinator, bookrunner, documentation agent, facility agent and security agent. JPMorgan Chase Bank and Citibank acted as mandated lead arrangers.
Shearman & Sterling advised funds managed by EMERAM Capital Partners GmbH on the financing of the acquisition of frostkrone Group, a European innovation leader in the deep-frozen finger food market.
Clifford Chance has advised the French private debt fund Idinvest Partners S.A. on providing a unitranche financing for the acquisition of "Wer liefert was" by the Swiss private equity investor Capvis.
Shearman & Sterling advised PINOVA Capital on the financing of the acquisition of Deurowood Produktions GmbH as part of a company spin-off from the Deurotech Group.
Deurowood, headquartered in Hard, Austria, is a leading global manufacturer of hardeners, catalysts and additives for wood processing, laminating and furniture, as well as for the fiber composites industries. Since its establishment in 2003, Deurowood has acquired a leading position in all essential markets through professional expertise, renowned customer service and constant product innovation.