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.
September 30 2009