Finance summary

Sidley Austin Brown & Wood (Graham Penn) advised Lehman Brothers on its first securitisation of commercial mortgages, worth £467m. Issuer Windermere was advised by Clifford Chance (Elizabeth Knox).

Cadwalader Wickersham & Taft (Lyndon Norley) advised Indonesian cement company Semen Cibinong on its recent restructuring of $1.5bn (£1.04bn) debt. The restructuring included the company's acquisition by investor Holeim, advised by Latham & Watkins in Singapore.

Norton Rose (Christian Parker) advised Carlsberg on a g1bn (£616.39m) debt issuance programme and a subsequent £250m bond issue. Arranger and manager JP Morgan Securities advised by Linklaters (Jane Brown).

Norton Rose (Vincent Keaveny) advised Banco Comercial Português on the first ever residential mortgaged-backed securitisation in Portugal, worth v1bn (£616.39m). Arrangers UBS Warburg and ABN Amro, and trustee Bankers Trustee Company advised by Clifford Chance.