Cadwalader Wickersham & Taft (Paul Biggs) acted for the Maputo Port Development Company and a consortium of investors, including the Mersey Docks and Harbour Company, Skanska BOT and Liscont Operadores de Contentores on financing agreements for the $72m (£46.4m) privatisation of the Maputo Port. The local partners were the Mozambique government and the National Port and Rail Organisation of Mozambique, advised in-house. The lenders included Standard Corporate and Merchant Bank, DBSA and Swedfund, advised by LeBoeuf Lamb Greene & MacRae.
Keeble Hawson (Sharon Needle) advised Bumiputra-Commerce Bank in setting up an £18m credit facility for Laura Ashley. Laura Ashley represented in-house.
Gibson Dunn & Crutcher (Alan Samson) acted for a private overseas client in a £293m refinancing of a six-property portfolio with GMAC Commercial Mortgage Bank. Sidley Austin Brown & Wood (Debbie Carslaw) represented GMAC.
Davis Polk & Wardwell (Alan Dean) advised Merrill Lynch, Deutsche Bank Securities, Goldman Sachs and Salomon Smith Barney as initial purchasers on a Rule 144A senior notes offering by the Chubb Corporation of $225m (£145.1m) 3.95 per cent notes due 2008, and $275m (£177.4m) 5.2 per cent notes due 2013. Debevoise & Plimpton acted for Chubb.
Hale and Dorr (Richard Eaton) represented Radiant Networks, a leading provider of wireless access solutions, on its £12m venture capital funding from a group of investors, including Advent Venture Partners and Gartmore. Ashurst Morris Crisp advised the investors, excluding Advent and Gartmore, which were advised by SJ Berwin.
Slaughter and May (Helen Griffiths) represented the European Investment Bank on a e80m (£54.7m) long-term credit facility as part of the e317m (£216.8m) financing of the construction of the N4 Kinnegad-Kilcock public-private partnership road project in Ireland. The balance of the financing was provided by a syndicated long-term loan facility, arranged by Banco Santander Central Hispano and Banco Bilbao Vizcaya Argentaria, advised by Linklaters.