Kocian Solc Balastik in the Czech Republic and Wardynski & Partners in Poland have provided local assistance to global counsel Kirkland & Ellis in advising Bain Capital Private Equity on its USD 3.2 billion acquisition of the cleaning and chemicals system division ("Diversey Care") and the food hygiene and cleaning business of Sealed Air Corp.
Kochanski Zieba & Partners has advised Echo Polska Properties on its acquisition, made along with Echo Investment S.A., of the Galeria Mlociny shopping center in northern Warsaw currently under construction. Weil Gotshal & Manges advised Echo Investment on the deal, while Greenberg Traurig advised the seller, Rosehill Investments. The purchase price is approximately EUR 42 million.
Clifford Chance and Dentons are reporting that the EUR 650 million sale of a 265,000 square meter CEE retail portfolio by CBRE Global Investors to CPI Property Group that was initially reported in January closed on March 29, 2017, and more information has been learned about the structuring of the deal and the firms involved.
Greenberg Traurig is announcing that it advised Anheuser-Busch InBev on the Polish aspects of the sale to Japanese brewer Asahi Group Holdings, Ltd. of the businesses that prior to its combination with AB InBev were owned by SABMiller plc in Central and Eastern Europe. Similarly, Suciu Popa is announcing that it advised SAB Miller on the sale of its Romanian businesses.
Karanovic & Nikolic has successfully obtained conditional Serbian Competition Commission clearance for SBB's takeover of IKOM.
Clifford Chance has advised Deutsche Bank, ING, Natixis, and UniCredit in their capacity as the coordinating committee for the pre-export finance banks in connection with the successful implementation of a USD 2.3 billion debt restructuring for Metinvest. Ukraine's Redcliffe Partners, working alongside Clifford Chance, provided Ukrainian law advice to the committee. Baker McKenzie and Allen & Overy advised Metinvest on the restructuring.
Redcliffe Partners has provided legal advice to the EBRD in connection with a EUR 3.3 million financing of an Aquanova Development LLC loan facility for the construction of a small hydro power plant, Nyzhniy Bystryi, with a generation capacity of 1.7 MW, located on the Rika River in the Khust District of the Zakarpattya Region of Ukraine. Clifford Chance advised EBRD on English law aspects of the financing.
Primus has assisted Mimaki Engineering, a Japanese manufacturer of wide-format inkjet printers and cutting machines, on the acquisition of manufacturing and distribution of the Eco Balance ecosolvent ink and the distribution business of the Decojet digital printing PVC wallpaper from Lithuanian company UAB Veika. The sellers were represented by Glimstedt on the deal, which closed in March 2017.
Linklaters and Paksoy have advised Turkey’s Turkiye Sinai Kalkinma Bankasi (TSKB) on its issue of the world’s first sustainable tier two bond. The USD 300 million Fixed Rate Resettable Tier 2 Sustainable Notes will be due in 2027, with a first call date in 2022 and a coupon of 7.625%. The proceeds will be used to finance and/or refinance projects satisfying defined criteria relating to climate change mitigation and sustainable infrastructure, among others.