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Deals 27 September 2003

Deals 27 September 2003

Pillsbury Winthrop (International) represented Lion Nathan Limited, as guarantor, and two of its wholly owned subsidiaries, as issuers, in connection with a US$300 ($450) million 4(2)…

Pillsbury Winthrop (International) represented Lion Nathan Limited, as guarantor, and two of its wholly owned subsidiaries, as issuers, in connection with a US$300 ($450) million 4(2) traditional private placement of guaranteed senior notes.

The placement was split between US$100 ($150) million 3.76 per cent guaranteed senior notes due 2010, issued by Lion Nathan Finance (New Zealand) Limited, and US$200 ($450) million 4.53 per cent guaranteed senior notes due 2015, issued by Lion Nathan Finance (Australia) Pty Limited.

Lion Nathan Limited is an Australian-based alcoholic beverages company with operations in Australia, New Zealand and China. National Australia Bank Ltd and RBS Securities Corporation acted as placement agents.

Pilsbury Winthrop lawyers Angelique Mentis, Bob Meyers and Cécile King worked on the transaction, which closed on 28 August 2003.

Baker & McKenzie advised Radisson Edwardian Hotels in its acquisition of the prestigious five star Intercontinental Mayfair Hotel, London, from Intercontinental Hotels Group. The acquisition has a value of £115 ($278) million.

This acquisition brings Radisson Edwardian Hotels Group’s total number of four and five star hotels in London to eleven.

The Group's portfolio includes the famous Berkshire Hotel, voted ‘Hotel of the Year 1989’ by The Caterer and Hotelkeeper, and the five-star Radisson Edwardian Heathrow Hotel, seven times winner of the Best Airport Hotel in the World and the Leading Conference Hotel in Europe, 2002.

The Mayfair Intercontinental Hotel is located on Stratton Street, Mayfair, London. It was opened in 1927 by King George V and has 290 rooms.

The Baker & McKenzie team was led by hotels, resorts and tourism group partners Mark Henrick and Stephen Turner with assistance from many others, including corporate associates Robert Adam and Lisa Cooper, and property associates Kathryn England and Richard Hart.

Intercontinental Hotels Group was advised by Stephenson Harwood.

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