Irwin Mitchell’s Banking Team Advises HSBC On The Deal

A Rotherham-based healthcare equipment manufacturer which supplies care homes and local authorities across the UK has completed an MBO with the support of Irwin Mitchell’s banking team.

Harvest Healthcare manufactures, supplies and services active and static mattresses and cushions, profiling beds, and moving and handling equipment to care home groups, community care equipment stores, and hospitals, both direct and via a network of distributors.

Slaughter and May is advising GlaxoSmithKline plc (GSK) on the financing of its acquisition of TESARO, Inc. (TESARO), an oncology-focused pharmaceutical company based in the US, for a total consideration of approximately $5.1 billion.  Slaughter and May is supporting GSK’s treasury team, led by Sarah-Jane Hall, Tim Woodthorpe and Ben Checkland, and is advising GSK in collaboration with Shearman & Sterling LLP (GSK’s US counsel for the acquisition).

Clifford Chance proudly acted as legal advisor to Kiwa on its strategic EUR 400 million refinancing with a syndicated cov-lite facility.

Kiwa, a global specialist in testing, inspection and certification (TIC), is a portfolio company of Dutch investment company, NPM Capital. This strategic refinancing facilitates continuation of Kiwa's successful growth path.

The Clifford Chance team that advised Kiwa on this matter was led by Jelle Hofland and included Folko de Vries, Florentine Wagtendonk and Lisa Ye.

International law firm CMS has advised Bank of Ireland (BoI) on its £104m part-funding of the acquisition by Hana Property Holdings S.à r.l of the entire issued share capital of Wood Grafton One, owner of the iconic One Poultry building in the City of London.

International law firm Simmons & Simmons LLP has advised Henkel on the first syndicated green loan in Germany. The credit facility has a total volume of €1.5bn. Henkel's financing was agreed with a consortium of banks led by UniCredit and Banco Santander.

Shearman & Sterling advised Nexans on the signature of a €600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2023.

This facility amends and restates the €600 million Revolving Credit Facility signed by the Group in 2015 that was due to expire in December 2020.

Global law firm White & Case LLP has advised BNP Paribas Fortis SA/NV, Coöperatieve Rabobank U.A., trading as Rabobank London, ING Bank N.V., Royal Bank of Canada and Sumitomo Mitsui Banking Corporation Europe Limited, as mandated lead arrangers and bookrunners, on a strategic €400 million syndicated cov-lite financing to Kiwa, a global specialist in testing, inspection and certification (TIC).

Kiwa is a portfolio company of Dutch investment company, NPM Capital.

International law firm Ashurst is advising Ophir on the increase of its existing reserve based lending facility ('RBL') from US$250 million to US$350 million and the extension of its maturity by 18 months.

The increase follows the completion of the acquisition of certain Southeast Asian assets from Santos Limited. The increased and extended RBL will be secured against the group's acquired producing assets in Southeast Asia, including Chim Sao field in Vietnam and the producing fields in the Madura and Sampang PSCs in Indonesia.

The firm has advised Santander on funding for the acquisition of Miles 33 by Ethos

Ethos Partners, a private investment office, acquired a major interest from Ares Management in Miles 33 Group, an international Bracknell-headquartered provider of digital publishing software to the media industry, which has operations in the USA, Italy and Malaysia, as well as the UK.

The Burges Salmon team, led by Banking partner Rachael Ruane, advised Santander on all legal aspects of funding for the transaction.

Romania--A multi-jurisdictional Dentons team has advised the Special Investments Group of Credit Suisse AG on the EU30 million financing for Chimcomplex's acquisition of certain assets owned by Oltchim. The financing was completed in parallel with a credit extended by VTB Bank. The combined value of the transaction is EU164 million. With the acquisitions, Chimcomplex is now one of the most important chemical manufacturers in Romania.