WFW advises CACIB on US$65m multi-tranche term syndicated term loan for FINAV28 July 2022
The facility will enable FINAV to finance part of the acquisition of up to four eco or super-eco MR product tankers.
The facility will enable FINAV to finance part of the acquisition of up to four eco or super-eco MR product tankers.
The Combination will be implemented by way of a court-sanctioned scheme of arrangement between SDX and its shareholders, with the former’s entire share capital being acquired by Tenaz.
The facility provides LSbp with flexible corporate financing across its group to help deliver its strategy in the UK, continental Europe, the Americas and Asia Pacific.
The market value of the acquired vessels is assessed at US$148m. They will be financed by increasing TORM’s existing syndicated loan facility with a new revolving facility and new term facility.
This is the first project financing undertaken by NatWest using SONIA, which is being implemented as part of the LIBOR transition
A seabed lease agreement for the project has now been signed with the Crown Estate, following the authority’s call for extension applications from 2017, which resulted in seven projects being approved.
Statkraft will take on Vattenfall’s existing electric vehicle charging network staff in the UK and will manage, operate and maintain its charging stations.
This acquisition marks the debut of Sandfire’s global copper portfolio in the EMEA region.
The acquisition makes Chrysaor one of the largest net oil and gas producers in the UK North Sea.
Watson Farley & Williams (“WFW”) advised a consortium of lenders… Read more
As part of the UK Budget, HM Treasury announced that as of April 2020 HMRC will have greater priority to recover taxes paid by employees and customers when a company goes into insolvency.
We are delighted to have advised Chaarat on this acquisition, which will turn Chaarat cashflow-generative in a single step and represents an important first step in their M&A strategy.