Paul Hastings Advises Sino-Ocean Land on US$600 Million Multi-Currency Syndicated Loan Facility

Paul Hastings, a leading global law firm, announced today that it represented Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”), one of the leading property developers in China whose shares are listed on the Hong Kong Stock Exchange, on a 3-year multi-currency term loan facility in the principal amount of approximately US$600 million-equivalent, with US dollar, HK dollar and RMB tranches.

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Tags:  Paul Hastings, LLP | Hong Kong

Willkie – Frankfurt Office Advises Sachtleben on Acquisition of Titanium Business and on €430 Million Refinancing Transaction

It was recently announced that Willkie client Sachtleben GmbH, a manufacturer of specialty chemical products, has agreed to acquire the titanium dioxide production assets and inventory of crenox GmbH from the company’s insolvency administrator, Mr. Eberhard Stock. Sachtleben, a venture of Rockwood and Kemira, conducted the purchase agreement through its subsidiary Sachtleben Pigment GmbH. Sachtleben manufactures titanium dioxide and functional additives at plants in Duisburg, Germany and Pori Finland. The acquisition will add over 100,000 metric tons of titanium dioxide production, increasing capacity to approximately 340,000 metric tons, enhancing Sachtleben’s position as a leading global supplier of high quality TiO2 pigments. Closing of the transaction is subject to regulatory approvals in Germany and Austria.

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Tags:  Willkie Farr & Gallagher LLP | Germany

Gibbons Welcomes New Directors William Moran, Peter Flagel and Suzanne L’Hernault

Gibbons P.C. continues its strategic expansion in key markets, industries, and service areas with the addition of three experienced, highly regarded attorneys. William M. Moran, Suzanne L’Hernault, and Peter Flägel have recently joined the firm as Directors, Mr. Moran in the Business & Commercial Litigation Department and Mr. Flägel and Ms. L’Hernault in the Corporate Department.

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Tags:  Gibbons P.C. | New York

Hogan Lovells Advises on Acquisition of First Engineering Limited by Anchorage Capital Partners

Hogan Lovells has advised a consortium of banks on the sale of First Engineering Limited (“First Engineering“) to Australia-based private equity firm Anchorage Capital Partners (“Anchorage“), including advising Mizuho Corporate Bank, one of the selling banks, in connection with the financing being provided to Anchorage for the acquisition.

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Tags:  Hogan Lovells | Hong Kong