Nicholas Macheras

Nicholas' experience includes:

• Advising the senior lenders comprising Brazil's National Bank for Economic and Social Development (BNDES) and a syndicate of ten commercial banks and developmental agencies in connection with the non-recourse senior secured financing for the US$3 billion (R$17 billion) São Paulo Metro Line 6 project in Brazil, the largest PPP project currently under construction in Latin America.

Significant matters on which Nicholas has acted prior to joining White & Case include:

• Advising a Geneva-based commodities trader in relation to a bespoke tripartite debt rescheduling.
• Advising BNP Paribas (Suisse) S.A. in relation to an up to US$180 million syndicated secured borrowing base facility for a Dubai-based commodities trader.
• Advising BNP Paribas (Suisse) S.A. and a group of eight international banks in relation to an amendment and restatement of a US$300 million syndicated partly committed secured borrowing base facility for a Geneva-based commodity trader, including updated security package.
• Advising a global Swiss commodity trader on a US$50,000,000 pre-export finance facility agreement in favour of a Zambian based copper mining company, with Zambian law security and a subordination arrangement with the existing shareholders of the borrower.
• Advising BNP Paribas in relation to a PXF facility agreement with a Luxembourg-based mining company in relation to its offtake / commercial contracts in respect of a Vietnamese based mine and its subsequent amendment and restatement.
• Advising Société Générale, UBS, Natixis and SCB on the amendment and restatement of an up to US$410 million borrowing base facility granted to Addax Energy SA, secured by obligors located in Switzerland and Malta with third party guarantors in various African jurisdictions.
• Advising BNP Paribas Fortis in relation to four ECA-backed facility agreements to a sovereign state acting through its Ministry of Finance for the purchase of various types of buses and the subsequent amendments and restatements.
• Advising Mauritius Commercial Bank on a secured USD100 million pre-export financing agreement in favour of a Nigeria-based subsidiary of Houston-based dual-listed company, including intercreditor arrangements with Zenith Bank and the subsequent restructuring of the facility.
• Advising Société Générale in relation to a currency swap-linked uncommitted bank-to-bank loan.
• Advising a leading African financial institution and the other finance parties on an acquisition facility in relation to the acquisition of certain oil and gas assets in Nigeria.