Weil on private equity exit; Davis Polk, Herbies on Procter sale; GM uses Jones Day for antitrust fight

Author: | Published: 1 Oct 2009

Debt

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.

M&A

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...