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Banking & Finance - Bank Lending/Credit Facilities

Osborne Clarke advises Bloomy Days on new financing

19 Sep 2014

Osborne Clarke has advised flower subscription service, Bloomy Days (bloomydays.de), on its refinancing by investors Intan Media-Service, Otto Capital and Atlantic Internet.

Bloomy days is the first flower-subscription service in Germany to deliver fresh flower arrangements to your door, on a weekly basis. The Berlin-based company was founded in 2012 by Franziska von Hardenberg and has since seen significant growth. Otto Capital and Atlantic Internet had previously invested in the flower subscription service.

Hogan Lovells and Willkie Farr & Gallagher Advise on the Financing of the Acquisition of Eurocamp by Homair Vacancies

16 Sep 2014

Hogan Lovells and Willkie Farr & Gallagher have advised on the financing of the acquisition by Homair Vacances of the European camping holiday provider, Eurocamp, from UK-based company Holidaybreak.

This acquisition, which was finalised on Wednesday 10 September 2014, confirms Homair Vacances' position as a European leader in outdoor accommodation, with over 15,000 mobile homes on approximately 300 campsites located principally in France, Spain, Italy and Croatia.

Shearman & Sterling Advises on Financing Commitment for Select Income REIT Acquisition of Cole Corporate Income Trust

16 Sep 2014

Shearman & Sterling represented Citibank, N.A., as joint lead arranger and administrative agent, in providing $1 billion in financing commitments for the announced $3 billion acquisition by Select Income REIT (NYSE: SIR) of Cole Corporate Income Trust (CCIT) through a merger transaction. UBS Securities LLC will act as a joint lead arranger in the financing.

Paul Hastings Represents Banks in Financing the Acquisition of ValleyCrest by Brickman Group

05 Sep 2014

Paul Hastings LLP, a leading global law firm, has announced that the firm represented Jefferies Finance LLC, Macquarie Capital (USA) Inc., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and Nomura Securities International, Inc. as lead arrangers and joint bookrunners in connection with the financing for the acquisition of landscaping company ValleyCrest Holding Co. by KKR-backed landscaping company The Brickman Group Ltd.
 

WFW advises Berenberg and KBC Deutschland on the revos watercooler GmbH acquisition financing

01 Sep 2014

Watson, Farley & Williams (“WFW”),has advised Joh. Berenberg, Gossler & Co. KG (“Berenberg Bank”) and KBC Deutschland AG (“KBC”)  under the existing  acquisition and working capital facility framework for the add-on-acquisition of revos watercooler GmbH (”revos“) by Aqua Vital Quell- und Mineralwasser GmbH (“Aqua Vital”).

Norton Rose Fulbright advises on US$600 million loan to Chinese oil and gas company

28 Aug 2014

Norton Rose Fulbright has advised a syndicate of lenders on a US$600 million equivalent five-year club loan for Brightoil Petroleum (Holdings) Limited. The lenders were China Development Bank (Hong Kong branch), China Minsheng Bank (Hong Kong branch), China CITIC Bank International, China Merchants Bank (Hong Kong branch) and Wing Lung Bank.

Brightoil is a privately-owned Chinese energy company with a global presence focusing on oil storage and terminal facilities, marine transportation, international trading and bunkering, as well as upstream oil and gas exploration.

Paul Hastings Advises ABL Arrangers in Acquisition of NCSG Crane & Heavy Hauling Corporation

28 Aug 2014

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada, as administrative agent in connection with a $225 million Canadian dollar asset-based revolving credit facility, and RBC Capital Markets and Goldman Sachs Bank USA as arrangers in connection with such credit facility.

Shearman & Sterling Advises on $4 Billion Financing for Procter & Gamble

27 Aug 2014

Shearman & Sterling advised Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as joint lead arrangers and joint book runners, in connection with a $4 billion 364-day credit facility for The Procter & Gamble Company and some of its subsidiaries. The Shearman & Sterling team included partner Maura O’Sullivan (New York-Finance) and counsel Susan Hobart (New York-Finance).