Finance deals round-up

Allen & Overy (Mario Jacovides) advised the European Investment Bank on its role as senior lender on the Japanese operating leases of two Airbus A340-300 aircraft which will be operated by Iberia. Freshfields Bruckhaus Deringer advised Iberia and Norton Rose advised junior debt provider and arranger Crédit Agricole Indosuez.

Herbert Smith (Stephen Gale, Kevin Pullen) is advising TXU Europe on the continued restructuring of its UK and European energy businesses. Hunton & Williams and Lovells are advising TXU Corporation and other TXU group companies.

DLA (Brian Woolcock) has advised Barclays Bank on the provision of £37m senior debt and working capital, which funded the acquisition of Telford-based Western Wines. Private equity funding was provided by Bridgepoint Capital, represented by Hammonds.

Slaughter and May (Marc Hutchinson) advised Unilever on the issue of E1bn (£631m) of 4.25 per cent notes due in 2007 and guaranteed by Unilever. Unilever’s Dutch Counsel was De Brauw Blackstone Westbroek. Lead managers HSBC and Salomon Brothers International were advised by Clifford Chance.

Uría & Menéndez (Christian Hoedl, Jorge Marti) advised Kohlberg Kravis Roberts (KKR)-owned investment vehicle Demarg Investments on the financing and acquisition of companies from Siemens. Hengeler Mueller advised KKR on German law alongside Allen & Overy’s leveraged finance team. A&O’s corporate team also advised on UK M&A aspects and due diligence in Europe, Asia and Dubai. Clifford Chance advised Siemens.

DJ Freeman (Michael Speranza, Neasa Dyle) acted for the Bank of Scotland on its £16.5m loan to Snazzy Homes Limited. Howard Kennedy acted for Snazzy Homes.

Allen & Overy (George Link) advised Citigroup, the sole arranger of a E1.15bn (£725m) facility to monetise shares owned by Fiat SpA, an Italenergia Bis subsidiary. Fiat advised by Cleary Gottlieb Steen & Hamilton.

Lovells (John Davidson) advised Wellington on a £120m equity capital raising. The offer is underwritten by Hoare Govett, advised by Theodore Goddard.