Deals Summary

Norton Rose (Carol Roberts) is acting for Italian export credit agency Sace on a $1.1bn (£771.4m) recourse financing of Rio Polimeros' polyethelene plant, which is being constructed in Rio de Janeiro, Brazil. Clifford Chance is advising Rio Polimeros. Chiomenti is advising BNP Paribas, which is leading a syndicate of lenders under the export credit guarantee of Sace.

Allen & Overy (Boyan Wells) is advising BAA on a £424m convertible bond. Linklaters (Jane Brown) is advising Deutsche Bank, the sole bookrunner.