Ashurst ADTLaw* has advised Shanghai Pudong Development Bank Co., Ltd as arranger on a S$40 million term loan facility to a real estate development company listed on the Singapore stock exchange.
The Ashurst ADTLaw team was led by Director Lifen Tang and associate Eugene Ang also advised on the transaction.
Gide has acted, alongside Ivorian firm KSK, on the implementation of a FCFA 378 billion (EUR 577 million) syndicated loan for SIR. This loan enables SIR, the region's most high-performing refinery of the West African sub-region, to refinance its commercial debt so that it may boost its activities to face the growing demand for refined products in Côte d'Ivoire and the entire sub-region.
Gide and KSK advised Société Ivoirienne de Raffinage and the Republic of Côte d'Ivoire.
Online Home Retail Limited, an online bathroom products retailer based in Evesham, has completed a successful management buyout (MBO).
The MBO was supported by private bank Arbuthnot Latham and Panoramic Growth Equity. The Arbuthnot Latham team, led by Andrew Rutherford, was advised by Jon Bew from the Banking & Finance team at law firm Irwin Mitchell.
Leading international law firm Clifford Chance has advised China Construction Bank as coordinator, underwriter and mandated lead arranger on the US$840 million syndicated loan financing for Zijin Mining Group Co. Ltd (Zijin)'s successful cross-border public offer for Canadian mining company Nevsun Resources Ltd. (Nevsun)
Matheson recently advised a syndicate of lenders (consisting of Bank of Ireland, Wells Fargo, Barclays Bank Ireland and AIB) in relation to the refinancing of Hibernia REIT’s €400 million revolving credit facility. The overall new arrangement consists of a €320 million unsecured revolving facility as well as €75 million of unsecured US private placement notes. This transaction was unique in the Irish market, in the sense that it was the first Irish REIT to move to an unsecured debt structure.
Linklaters has advised Saudi Electricity Company (SEC) on a revolving credit facility agreement with eight international banks for $2.15bn (SR8.06billion).
The facility is divided into two tranches: the first with a maximum of $1.578bn, which will mature after three years, and the second with a maximum of $573m that will mature after five years.
Dechert LLP has advised Mid Europa Partners (Mid Europa), a leading private equity investor in Central and Eastern Europe, on the financing relating to the acquisition of Urgent Cargus from Abris Capital Partners.
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.
With a Frankfurt-based team led by Partner Thomas K. Schrell, business law firm Heuking Kühn Lüer Wojtek advised HF Private Debt on funding Finexx’s acquisition of GSE Vertrieb group. The financing volume was not disclosed.
Sabina Gold & Silver Corp. (TSX: SBB) announced the closing of its previously announced bought deal offering of common shares for total gross proceeds of approximately $25.3 million, including proceeds from an over-allotment option which was exercised in full by the underwriters led by BMO Capital Markets and RBC Capital Markets.