Finance deals round-up

Moore & Blatch (Roger Bailey) completed a third stage financing transaction for rubber products manufacturer Icon Polymer Group. It secured a total refinancing package including £12m facilities from Lloyds TSB. CMS Cameron McKenna advised Lloyds TSB.

Nicholson Graham & Jones (Sheila Stewart, Richard Hopkinson-Woolley) advised the Bank of Scotland on its £109.5m funding of the latest acquisition by the Mall Limited Partnership. Berwin Leighton Paisner advised the Mall Limited Partnership.

Allen & Overy (Angus Duncan) acted as deal counsel on a transaction arranged by JP Morgan Securities involving an issue of €180m (£118.8m) collateralised synthetic obligations by Balthazar CSO IBV. The portfolio manager was advised by Ashurst Morris Crisp.

Dundas & Wilson (Carolyn Agnew) advised London & Regional Properties on a £65m funding deal for the development of the Guinness Headquarters. Denton Wilde Sapte acted for funding bank Bayerische Landesbank.

Slaughter and May (Jeff Triggs) advised Royal Mail Group on a credit facilities agreement in which the Secretary of State for Trade and Industry will make credit facilities of £1.04bn available to Royal Mail Group. Royal Mail Group will guarantee the facilities.

Latham & Watkins (James Chesterman, Etienne Gentil) advised Bear Stearns in its role as lender in the acquisition of chemicals business Rhodia by Bain Capital. It was financed by €122.3m (£80.7m) debt, with Bain Capital providing further equity. Bain Capital was advised by Kirkland & Ellis.

Allen & Overy (Max Aaron, Jonathan Mellor) advised the Hellenic Republic and the Public Power Corporation SA on the latter's further privatisation through a secondary offering, valued at €345m (£227.8m).