Global legal practice Norton Rose Fulbright has advised ING Bank Slaski S.A., Powszechna Kasa Oszczednosci Bank Polski S.A. and Société Générale Corporate and Investment Banking as global banking coordinators of a consortium of more than 20 financial institutions on the PLN 3 billion (approximately £580 million) facilities made available to Cyfrowy Polsat S.A., a leading Polish media company providing direct to home subscription satellite television services.

Squire Patton Boggs has advised Mobeus Equity Partners on a combined debt and equity package to support the £11.3m buy in management buy out of Creative Graphics International Limited (CGI).

Slaughter and May advised FirstGroup plc in relation to a new £800 million revolving credit and guarantee facility (including an accordion feature of £150 million). The new facility has a five year tenor and refinances the group's existing revolving credit facility. It was coordinated by Abbey National Treasury Services PLC (trading as Santander Global Banking & Markets) and The Bank of Tokyo-Mitsubishi UFJ, Ltd., with The Royal Bank of Scotland plc as Agent.

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Clifford Chance has advised The Hongkong and Shanghai Banking Corporation Limited as underwriter, bookrunner and mandated lead arranger on the HK$10 billion financing of the acquisition by CLP Power Hong Kong Limited, a subsidiary of CLP Holdings Limited, of an additional 30% stake in Castle Peak Power Company Limited and a 51% stake in Hong Kong Pumped Storage Development Company, Limited.

Baker & McKenzie advised The Bank of Tokyo-Mitsubishi UFJ, Ltd. on its USD12.5 billion loan facility to Suntory Holdings Limited ("Suntory") for the buyout of Beam Inc. ("Beam"), a NYSE-listed premium spirits company. On 30 April 2014 (US Central Time/1 May 2014 Japan Standard Time), Suntory completed its acquisition of Beam for approximately USD15.8 billion.

Clifford Chance advised Bank of America Merrill Lynch, BNP Paribas and Mizuho on a syndicated credit facility for Bayer to finance the purchase of the consumer care business of Merck & Co. The volume of the credit facility amounts to USD 14.2 billion.

The Clifford Chance team consisted of partner Dr. Bettina Steinhauer, counsel Dr. Mattias von Buttlar and associate Maike Täufer (all Banking & Capital Markets, Frankfurt).

Macfarlanes and Cravath, Swaine & Moore LLP have advised Paroc Group, a leading manufacturer of insulation materials, on a €60m revolving credit facility and a €430m high yield bond issue, and all related refinancing and intercreditor issues.

The Macfarlanes team included M&A partners Stephen Drewitt and Howard Corney with financing advice provided by banking and finance senior counsel Kirstie Hutchinson.

David Mercado in London led the Cravath high-yield securities team.

Sheffield-based X-Cel Superturn (GB) Ltd, which manufactures precision engineered components for the oil and gas sector, has acquired fellow Yorkshire business Colson Industries in a £1.75 million deal.
 
Elland-based Colson Industries manufactures valves, also for the oil and gas industry. It will operate as a 100% subsidiary of X-Cel Superturn, which will strengthen the newly acquired company’s management team with the appointment of a technical director and sales director.
 

Ashurst advised DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (DZ BANK) and Commerzbank Aktiengesellschaft on the refinancing of the acquisition of cosmetics provider Geka by British finance investor 3i. The parties have agreed not to disclose the financing volume.

Ashurst advised The Royal Bank of Scotland plc (RBS) in connection with a syndicated, revolving credit facility in the amount of €1,525 billion for METRO AG. RBS and ING Bank jointly granted the facility, both banks acting as co-ordinators. In addition, RBS is acting as Facility Agent.

METRO used the facility to refinance a €1,5 billion revolving credit facility and for general corporate purposes. The agreement for the new facility was signed on 30 April 2014.