Despite the continued slowdown in the debt finance markets and the defection of key members of its banking & finance team, law firm White & Case LLP is advising on five deals with a combined value of more than US$27bn. The deals span the US, Europe and Asia, and include several record-breaking transactions to date in their respective regions and countries.
The biggest deal was its representation of Citigroup Inc, Merrill Lynch and Morgan Stanley in the provision of debt financing for Dow Chemical Company’s US$18.8bn acquisition of Rohm & Haas.
The firm also represented Deutsche Bank, GE Commercial Finance, ING Bank, Morgan Stanley and DBS as mandated lead arrangers in connection with the provision of debt financing to Kohlberg Kravis Roberts to acquire Unisteel Technology Limited, a Singapore-listed maker of disk-drive components, for approximately US$578m.
