Dechert has advised New World Resources, a
European hard coal producer, on a 141 million nine-year
loan facility guaranteed by Euler Hermes, the export credit
agency for Germany. The loan will be provided by a group of
mandated lead arrangers comprising Ceska sporitelna,
Ceskoslovenska obchodni banka, KBC Bank Deutschland and
Natixis. Baker & McKenzie represented the
mandated lead arrangers.
Davis Polk & Wardwell has advised
Warner Chilcott on the US aspects of its $3.1 billion
acquisition of Procter & Gamble's pharmaceutical business.
A Herbert Smith team led by corporate partners
Alex Kay, Gareth Roberts and Ross McNaughton advised the
purchaser on UK elements of the deal. Procter & Gamble was
represented by Covington & Burling.
Schoenherr has represented the Government
of Montenegro on its sale of an 18% stake in state energy
company Elektroprivreda Crne Gore Ad Niksic (EPCG) to...