Trade and Emerging Markets finance transactions demand a combination of legal expertise and commercial awareness across a wide range of demanding jurisdictions.
Linklaters has a dedicated team of expert trade and credit finance lawyers, based throughout Europe, Asia and the Americas.
Global banks, borrowers, commodity houses and insurers rely on Linklaters’ experience of export and multi-lateral credits, commodity-based financings and linked derivatives, Islamic financings and financings supported by ECA and private markets insurance.
Recent trade and developing markets finance transactions include advising
- Glencore on a $6.65bn Forward Start Facility and an $815m Short Term Facility – the largest forward start facility to date in the market
- Vodafone Essar Limited as Borrower and Guarantor in respect of a financing package to fund its upcoming bid for 3G licenses in India
- the banks on a US$3bn term loan facility for Sociedade Nacional de Combustiveis de Angola (Sonangol) - first unsecured deal to be publicly syndicated
- the mandated lead arrangers on the award-winning up to US$2.5bn pre-export financing for Russian steel and mining group, OAO Severstal
- Kazakhmys plc, one of the world’s leading copper producers, on its award-winning US$2.1bn pre-export finance facility - first use of funds certainty in the context of a pre-export financing
- the lenders on the US$2.5bn Rompetrol refinancing, after working on the original US$3.1bn financing in 2007 used to finance the purchase of the Rompetrol Group
- Citi in connection with an up to US$250m syndicated pre-export finance facility for Ukrainian Joint Stock Integrated Iron & Steel Works, Zaporizhstal
- on the US$800m financing of the acquisition of a majority stake in the 2075MW Cahora Bassa hydroelectric power station in Mozambique
