Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 17-06-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Sale of Commerz Japan Real Estate Finance Corporation | Industry: | Financial Services |
| Description: |
White and Case LLP advised Commerzbank AG on the sale of its Tokyo-based subsidiary, Commerz Japan Real Estate Finance Corporation (CJREFC), to leading Asia-focused alternative investment manager PAG.
As part of the transaction, the primarily subordinated loans held by CJREFC, which total around EUR700 million, are being transferred to the buyer. The portfolio, acquired via PAG's Secured Capital REP V and Pacific Alliance Special Situations funds, will be managed by PAG's Tokyo-based Secured Capital Investment Management.
The White and Case team which advised Commerzbank was led by partners Brian Strawn (Tokyo), Markus Hauptmann and local partner Dr. Andreas Wieland (both Frankfurt) and included partners Ayako Kawano (Tokyo), Dr. Bodo Bender (Frankfurt) and Gary Thomas (Tokyo) as well as local partner Seiji Matsuzoe and associates Kenneth MacKay, Jake Baccari, Yuta Tamaru, Kaori Sugimoto (all Tokyo), Dr. Jan Ole Eichstadt (Frankfurt), Yoko Ueda (Tokyo) and Andreas Kossel (Frankfurt).
|
||
| Financial Center: | Tokyo | Value: | 500.01-1000.00 |
| Advised Party: | Vendor | Law Firm | White & Case |
| Target Company Jurisdiction: | Japan | Acquiror Jurisdiction: | Japan |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Brian Strawn |
