Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 30-04-2012 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Glencore - Xstrata Merger Liquidity Backstop Facility | Industry: | Mining |
| Description: |
Clifford Chance advised a syndicate of lenders, comprising more than 30 banks, on a US$3.1 billion liquidity backstop facility for Glencore International, in connection with its proposed merger with Xstrata. The facility was signed on 17 April.
The Clifford Chance team was led by energy & infrastructure focused partner Russell Wells, supported by senior associates Vicky Ma, Shauaib Mirza and associate Kristen Chatellier. Banking partner Andrew Brereton and senior associates Daniel Tan and Zhi Chao Chor in Clifford Chance's Singapore office provided local law expertise to the team.
|
||
| Financial Center: | London | Value: | 1000.01-5000.00 |
| Advised Party: | Lender | Law Firm | Clifford Chance |
| Borrower Jurisdiction: | Switzerland | Lender Jurisdiction: | United Kingdom |
| Classification: |
Acquisition Finance Public Company Acquisition |
Lawyer | Russell Wells |
