Wragge & Co advises Dyson on £350 million fund raising

Wragge & Co’s Banking and Finance team has advised engineering group Dyson on raising £350 million to fund its expansion.

Partner Chris Brierley and associate Angela Boughton advised Dyson on a £270 million revolving credit facility from a syndicate of lenders comprising HSBC, Barclays, ANZ and Clydesdale. Simultaneously, director Edward Sunderland and associate Jonathan Segal advised the client on a £76 million secured private placement with US investors. Solicitor Paul Harrington advised on tax issues.

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Tags:  Gowling WLG

White & Case Advises Stadshypotek AB (publ) (“Stadshypotek”) on its US$15 Billion Medium Term Covered Bond Programme

Global law firm White & Case LLP has advised Stadshypotek on the establishment of its US$15 billion US Medium Term Covered Bond Programme and follow-on issuance of US$1 billion of 1.45% Covered Bonds due 2013 and US$600 million of floating rate Covered Bonds due 2013. These were the first ever issuances of covered bonds in the United States by a Nordic issuer.

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Tags:  White & Case LLP

K&L Gates Assists Clients in Responding to Attack on Foreclosure Practices through Formation of U.S. Foreclosure Task Force

Increased scrutiny of mortgage servicers’ foreclosure practices during recent weeks – including accusations of inaccurate and fraudulent paperwork, self-imposed moratoriums, threats of lawsuits, and calls for hearings, investigations, and federal and state legislation, among much other activity – has left loan servicers across the United States scrambling to ensure that they have procedures in place to comply with applicable laws and to brace for possible challenges to their past practices.

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Tags:  K&L Gates LLP

Greenberg Traurig Maher LLP Represents EasyDate plc in its £4.4 Million (USD$6.9 million) Acquisition of Cupid.com

Greenberg Traurig Maher LLP announced that an international team of its attorneys assisted EasyDate plc, the UK’s leading online dating service, in recently completing the acquisition of US-based Cupid.com. The transaction was reportedly valued at £4.4 million (USD$6.9 million) and positioned as part of EasyDate’s ongoing expansion in 2010. More >>

Tags:  Greenberg Traurig, LLP