Ropes & Gray Advises VMS on €190 Million Acquisition Financing in Connection with a Real Estate Development in Israel
Ropes & Gray has advised VMS on a term loan financing transaction for the acquisition of the entire share capital of Coastal Force Limited in connection with a real estate development investment in Tel Aviv, Israel.
Ropes & Gray finance partner Michael Kazakevich, with finance counsel Ana Biloglav, finance associate Andrew Baker and trainee George Longworth, all based in London, advised on the English law and New York law loan financing aspects of the transaction.
Ropes & Gray's London finance team is a leading legal adviser in public and private high yield markets, as well as syndicated and take and hold loan financings. Ropes & Gray is one of a select group of law firms with on-the-ground London capability to execute private credit transactions, high yield bond offerings and term loan facilities under both English and New York law. This provides the firm’s European-based clients with cross-border and cross-product expertise with the flexibility and responsiveness of being in the same time zone. Additionally, coupled with the firm’s international capabilities, the team is able to advise on all forms of leveraged and event-driven finance transactions across the capital structure and jurisdictions, providing seamless coverage across products and time zones.