Ashurst has advised St Barbara Limited (St Barbara) on its US$250 million capital raising by way of a note issue under United States Rule 144A and Reg S.
Tags: AshurstAshurst Advises Clough on Its A$187m Sale of Shares in Forge
Cravath – Navistar International Corp.’s High-Yield Senior Debt Offering
Cravath represented the underwriters, J.P. Morgan Securities, Credit Suisse, BofA Merrill Lynch and Goldman, Sachs & Co., in connection with the US$300 million registered high‑yield senior debt offering of Navistar International Corporation, a leading manufacturer of commercial and military trucks, buses, diesel engines and recreational vehicles. The transaction closed on April 2, 2013.
Tags: Cravath, Swaine & Moore LLP | New YorkHerbert Smith Freehills Advises Pepper on the Acquisition and Financing of a A$250 Million Commercial Mortgage Loan Portfolio
Herbert Smith Freehills advised Pepper Australia Pty Limited (“Pepper”) on its acquisition and financing of a A$250 million small balance commercial mortgage loan portfolio from a major international lender as Pepper expands its specialised lending capabilities into a new asset class.
Tags: Herbert Smith Freehills LLPPennington, P.A. Announces Addition of Attorney William D. Horgan
Pennington, P.A. is pleased to announce the addition of attorney William D. Horgan to its Tallahassee, FL office.
Tags: Pennington P.A.Chadbourne Represents Chartis Excess in Connection with Its Reorganization
Chadbourne & Parke commenced a case under Chapter 15 of the United States Bankruptcy Code for Chartis Excess Ltd., a subsidiary of AIG. Chartis Excess is requesting an order granting recognition to court proceedings before the High Court of Ireland and enforcing a scheme of arrangement sanctioned by the Irish High Court. The action is part of a larger reorganization of AIG and to prepare for upcoming changes to European insurance rules, which are designed to protect policyholders and prevent insurance companies from failing.
Tags: New YorkShearman & Sterling Advises E.ON on Divestiture of Its Hungarian Gas Storage and Trading Activities
Shearman & Sterling advised the German-based power and gas group E.ON in the divestiture of its Hungarian gas storage and trading activities to the Hungarian state-owned energy group MVM Hungarian Electricity Ltd. E.ON concluded an agreement to sell its 100-percent stakes in E.ON Földgáz Trade and E.ON Földgáz Storage to MVM. Including the assumption of debt, the purchase price for both companies is around €870 million.
Tags: Shearman & Sterling LLPMannheimer Swartling – Klövern Issues a Mortgage Backed Bond Loan of SEK 700 Million
Klövern AB (publ) issues a Swedish five year SEK 700 million mortgage backed bond loan to finance a portfolio of investment properties in Karlstad, Sweden, with a total market value of approximately SEK 1.1 billion. Klövern will apply for a listing of the bond loan on NASDAQ OMX Stockholm.
Tags: Mannheimer SwartlingVedder Price Opens San Francisco Office
Vedder Price is pleased to announce its entry into the California market with an office in San Francisco.
Tags: Vedder Price | San FranciscoPaul Hastings Represents Bank of Montreal in $1 Billion Credit Facility for WildHorse Resources, LLC
Paul Hastings LLP, a leading global law firm, announced today that the firm represented BMO Capital Markets as sole lead arranger and sole bookrunner, and Bank of Montreal, as the administrative agent in connection with a $1 Billion amended and restated senior secured revolving credit facility for WildHorse Resources, LLC.
Tags: Paul Hastings LLP | Houston