Middletons Lawyers acted for GE Commercial Finance in a rapid refinancing arrangement whereby Strathfield Group Ltd (Strathfield) entered into a three-year revolving credit facility with GE Commercial Finance. Middletons said the facility offered competitive pricing and the flexibility to meet Strathfield’s short-term and medium-term funding requirements while taking into account the seasonal nature of Strathfield’s retail business. Dina Glass, in the firm’s banking & finance group, was the lead partner on the deal.
Baker & McKenzie’s banking and finance group acted for Kowloon-Canton Railway Corporation (KCRC) on its HK$8 ($1.4) billion multi-tranche credit facilities, which were signed on 28 September. The law firm drafted the loan agreement and the associated legal documentation. The deal was self-arranged by KCRC with 18 banks. Partner Stephen Eno, based in Bakers’ Hong Kong office, led the team acting for KCRC.
Skadden provided US tax and securities advice to Babcock & Brown Ltd (see ‘
Coudert Brothers acted for Vopak Shanghai Logistics Co. on the RMB1.03 billion ($168.8 million) project financing of an integrated liquid chemical storage and logistics facility to be located at the Shanghai Chemical Industry Park in Caojing. Christopher H. Stephens, from the law firm’s Hong Kong office, led Couderts’ financing team.