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  • Consortium Centro América has advised on a $182 million syndicated loan to develop the Guatemalan Hidro Xacabal power plant, the largest in the country.
  • Gibson Dunn & Crutcher and Skadden Arps Slate Meagher & Flom have advised on Chicago Mercantile Exchange's buyout of UK company Credit Market Analysis.
  • Paul Hastings Janofsky & Walker has hired competition specialist James Holden as of-counsel. Holden will be based in the firm's Washington, DC office.
  • French law firm UGGC & Associés has poached five China partners from its rival Adamas, boosting its presence in Asia.
  • Linklaters, Simmons & Simmons and Clifford Chance have acted on a £2.5 billion financing for a UK Ministry of Defence aircraft project – the largest private finance initiative (PFI) in the UK market.
  • Lovells UK restructuring partner Matthew French will leave the firm to take up an in-house role at UBS.
  • In a move that may be the start of a more synchronised approach to regulation, Britain and America are creating a transatlantic working group to reform the banking system
  • Shearman & Sterling and Norton Rose have acted as international counsel on the $650 million refinancing of two Egyptian power projects: the Suez Gulf and Port Said East projects are the largest private power investments in Egypt.
  • Pan-Baltic law firm Sorainen will launch an office in Belarus to capitalise on growing interest in the country from its clients. In a statement, the firm attributed this interest to measures by Belarus to open its economy to foreign investors.
  • Ukranian firm Magister & Partners has changed its name to Magisters to become more visible to clients in the Commonwealth of Independent States (CIS).