Milbank, Tweed, Hadley & McCloy LLP has advised Japan Bank for International Cooperation (“JBIC”), Saudi Arabia’s Public Investment Fund (“PIF”) and various commercial banks/Islamic financial institutions on the US$5.2 billion expansion financing for the PetroRabigh Refining and Petrochemicals Project in Saudi Arabia. More >>

Hogan Lovells has advised Optimal Payments Plc on the €1.1 billion acquisition of Sentinel Topco Limited and its subsidiaries (Skrill Group) from Sentinel Group Holdings S.A, which is ultimately majority owned by funds managed and advised by CVC Capital Partners SICAV-FIS S.A. and Investcorp Technology Partners. The transformational transaction, announced today, will in part be funded by a fully underwritten rights issue raising gross proceeds of approximately £451 million and new debt facilities of €500 million. More >>

Chadbourne & Parke LLP advised the Rabigh Arabian Water and Electricity Company and its sponsors (Arabian Company for Water and Power Projects, JGC Corporation and Marubeni Corporation) in relation to the US$776 million financing of the expansion of its independent water steam and power plant located on the Red Sea coast of Saudi Arabia. Financial close was achieved on 16 March 2015. More >>

Paul Hastings LLP, a leading global firm, announced today that Mark Shepherd has joined the London office as a partner. Mr. Shepherd joins from DLA Piper More >>

Law firm Eversheds has appointed consumer finance specialist Clare Hughes as a Partner in its London office. Clare joins the firm from TLT where she was a Partner and Head of Financial Services Regulation More >>

DLA Piper has appointed Sam Szlezinger as a partner in the Competition team, part of the Litigation & Regulatory group. He will join the firm from Dentons where he became a partner in 2001 More >>

Cooley is enhancing its life sciences corporate group with the arrival of London-based partners John Wilkinson and Nicola Maguire. Wilkinson and Maguire, who have worked together for many years, join from Reed Smith. They are among the first partner additions to Cooley’s London office since its 20-partner January launch More >>

The Dechert Finance Real Estate team in London advised on the finance aspects of the £1.1 billion (US$1.65 billion) acquisition of the Liberty Living Group by the Canadian Pension Plan Investment Board (“CPPIB”) which completed yesterday. The acquisition is the first investment in an alternative real estate sector for CPPIB and it is also the largest real estate deal CPPIB has ever done in Europe. More >>