HWL Ebsworth has acted for NewSat Limited (ASX:NWT) on its placement of A$105 million and convertible note issue of US$30 million to institutional and sophisticated investors. Credit Suisse and Baillieu Holst acted as joint lead managers in respect of the placement.
Tags: HWL Ebsworth
Sparke Helmore Lawyers is pleased to announce the appointment of Tim Castle as a partner in its Commercial & Projects Group in its Sydney office.
Tags: Sparke Helmore
The Firm recently represented TRW Automotive Holdings Corp. (“TRW”) and its subsidiary TRW Automotive Inc. (“TAI”) in connection with a Rule 144A/Regulation S offering by TAI of $400.0 million aggregate principal amount of 4.50% senior notes due 2021. TAI intends to use the net proceeds of the offering for general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented J.P. Morgan Securities LLC, as lead arranger, and JPMorgan Chase Bank, N.A., as administrative agent, in connection with the refinancing of Realogy Group LLC’s senior secured credit facilities. Realogy Group LLC’s amended and restated credit facilities are comprised of $1.920 billion aggregate principal amount of term loans and a $475 million revolving credit facility.
Tags: Simpson Thacher & Bartlett LLP | New York
Hogan Lovells has advised leading reinsurer SCOR on the value in force (VIF) reinsurance of the individual life insurance business portfolio of BBVA Seguros, the life insurance subsidiary of Spanish bank BBVA. It is the largest deal of its kind to have been put in place in Spain.
Tags: Hogan Lovells
Cooley LLP announced today that Michael R. Faber has joined the firm as a partner in its tax practice. Faber, who will be based in Cooley’s New York office, joins Cooley from Wilson Sonsini Goodrich & Rosati, where he focused his practice on mergers and acquisitions, as well as general corporate and partnership tax matters.
Tags: Cooley LLP | New York
On March 1, 2013, Kinder Morgan Energy Partners, L.P. (“KMP”) closed the acquisition of 50% of the outstanding equity interests in El Paso Midstream Investment Company, L.L.C. (“EPMIC”), and 50% of the outstanding equity interests in El Paso Natural Gas Company, L.L.C. (“EPNG”) from Kinder Morgan, Inc. (“KMI”).
Tags: Baker Botts LLP | Houston
A cross-border team of lawyers at international law firm Dechert LLP advised OCI Solar Power, an emerging leader in the solar sector and an indirect subsidiary of Korean chemicals company OCI Company Ltd., on the financing of the first phase of its 400MW solar power plant development project in the City of San Antonio. Debt financing for the first phase, comprised of a 41MW solar power plant on more than 700 acres in the southern part of San Antonio, was arranged by Korean Finance Corporation and the Korea Development Bank acting as joint financial arrangers.
Tags: Dechert LLP | Hong Kong
Paul Hastings, a leading global law firm, announced today that it is representing Samsung Electronics, a world leader in advanced semiconductor solutions, on its 10.4 billion yen (approximately US$110 million) investment – or 3 percent equity interest – in Sharp Corporation, the Japanese manufacturer of electronics goods and components, including liquid crystal displays. The parties entered into a definitive agreement on March 6, 2013 and expect to close the transaction, which marks the first capital tie-up between the two major consumer electronics makers, after satisfying regulatory procedures.
Tags: Paul Hastings LLP | Tokyo