Paul Hastings LLP, a leading global law firm, represented HSBC Bank Canada, J.P. Morgan Chase, Barclays Bank PLC, Royal Bank of Canada, UBS Limited, Standard Bank, Wells Fargo and BNP Paribas in a new $375 million revolving credit facility for CHC Helicopter S.A. in connection with CHC Group Ltd.’s IPO. More >>
Tags: Paul Hastings LLPMonthly Archives: January 2014
Simpson Thacher Represents Mitsubishi Motors Corporation in its $2.2 Billion Offering of Common Stock
The Firm recently represented Mitsubishi Motors Corporation in connection with its offering of 210 million shares of common stock, which raised proceeds of approximately ¥223,818 million ($2.2 billion) and included an international offering to institutional investors pursuant to Rule 144A and Regulation S.
The international offering was led by Morgan Stanley & Co. International plc, Merrill Lynch International and Nomura International plc.
Mitsubishi Motors Corporation develops, manufactures and sells passenger vehicles throughout the world.
The Simpson Thacher team for the offering included David Sneider, Takahiro Saito, Robert Dunn and Nirav Mehta (Capital Markets) and Jonathan Cantor and Vanessa Grieve (Tax).
Lawyers:
• Jonathan E. Cantor
• Robert Dunn
• Vanessa B. Grieve
• Nirav Mehta
• Takahiro Saito
• David A. Sneider
Milbank Represents Export Development Canada in Inaugural $300M Offering of “Green” Bonds to Support Environmental Projects
Milbank, Tweed, Hadley & McCloy LLP has represented Canada’s export credit agency Export Development Canada (EDC) in its inaugural offering of green bonds, whose proceeds will support the agency’s lending to environmentally beneficial initiatives worldwide.
Tags: Milbank LLPWFW advises Zurich Municipal Electric Utility, ewz, on the acquisition of shares in the 288 MW offshore wind farm “Butendiek”
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised ewz, Zurich Municipal Electric Utility, (“ewz”) on the acquisition of shares in offshore wind farm “Butendiek” in the German North Sea.
Tags: Watson, Farley & Williams LLPBaker Botts Represents Underwriters in $1.05 Billion IPO of Rice Energy
On January 29, 2014, Rice Energy Inc. (NYSE: RICE) closed its $1.05 billion initial public offering of 50 million common shares at a price to the public of $21 per share. RICE offered 30 million shares, while the selling stockholder — NGP Holdings — offered 20 million shares. The company won’t receive any proceeds from shares sold by NGP Holdings. More >>
Tags: Baker Botts LLPBerger Singerman Team Negotiates $700M Aircraft Lease & Flight Services Restructuring for Southern Air Inc.
The Florida business law firm Berger Singerman LLP is pleased to announce that attorney team members Daniel Lampert, Franklin Caplan, Phyllis Bean, and Iryna Ivashchuk, recently represented Southern Air Inc. (SAI) in a $700 million aircraft lease and flight services restructuring involving four Boeing 777F cargo aircraft. The deal closed on January 24, 2014.
Tags: Berger Singerman LLPCahill Represents Underwriters in $750 Million Public Offering by Ally
Cahill represented Barclays, Citigroup, Deutsche Bank Securities, and Morgan Stanley as joint book-running managers and the co-managers in connection with the public offering of $750,000,000 aggregate principal amount of 3.5% Senior Guaranteed Notes due 2019 by Ally Financial Inc. Proceeds from the offering were used for general corporate purposes.
Tags: Cahill Gordon & Reindel LLPHopkins & Carley advises PayPros in $420 Million Sale to Global Payments
Hopkins & Carley’s Corporate, Tax & Business Transactions team recently advised Payment Processing, Inc. (PayPros) in its pending sale to Global Payments Inc. (NYSE: GPN). Under the terms of the agreement and pending regulatory approvals and customary closing conditions, Global Payments will pay $420 million in cash to acquire PayPros, inclusive of tax assets. The transaction is expected to close by the end of Global Payments’ 2014 fiscal year.
Paul Hastings Represents Initial Purchasers in Fibra Uno’s Inaugural US$1 Billion Senior Notes Offering – First International Debt Offering by a Mexican REIT
Paul Hastings LLP, a leading global law firm, represented Credit Suisse, Deutsche Bank, BBVA, and Santander as initial purchasers in connection with Fibra Uno’s US$1 billion inaugural international debt offering, consisting of US$600 million of 5.250% Senior Notes due 2024 and US$400 million of 6.950% Senior Notes due 2044. Fibra Uno becomes the first Mexican FIBRA to issue debt in the international capital markets in this ground-breaking transaction which also marks the largest debt issuance by a real estate entity in Latin America and the first issuance of 30-year notes by a REIT. The notes were issued pursuant to Rule 144A and Regulation S in a several times oversubscribed offering. More >>
Tags: Paul Hastings LLPShearman & Sterling Advises Jaguar Land Rover on Its £400 Million Fixed Rate High Yield Bond Offering
Shearman & Sterling has advised Jaguar Land Rover Automotive plc on its offering of £400 million fixed rate high yield bonds, due 2022. The high yield senior notes are unsecured and guaranteed by Jaguar Land Rover Limited and Jaguar Land Rover Holdings Limited. Jaguar Land Rover Automotive plc intends to use the proceeds to repurchase certain of their existing notes. Any remaining proceeds will be used for general corporate purposes.
Tags: Shearman & Sterling LLP