Middletons Acts for iiNet on $330 Million Secured Syndicated Financing Involving All of Australia’s Four Major Banks

Middletons special counsel acting on the deal, Chris Scott said, “iiNet is the second largest DSL internet service provider in Australia. We assisted our client, iiNet, in negotiating new terms and conditions for a syndicated debt facility, which was over-subscribed by the ‘big four’ Australian banks. It was iiNet’s first experience of a banking syndicate and the facility is secured over assets in Australia and New Zealand.”

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Tags:  K&L Gates

Cooley Represents OPNET in $1 Billion Acquisition by Riverbed

Cooley LLP announced today that it is advising OPNET Technologies, Inc. in its pending acquisition by Riverbed Technology. Riverbed entered a definitive agreement to acquire OPNET for $43 per share in cash and stock, which represents an equity value of approximately $1 billion.

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Tags:  Cooley LLP

Clifford Chance Advises ABN AMRO on Its Record-Breaking Bond Issuance in Singapore

The international law firm Clifford Chance has advised ABN AMRO on its heavily oversubscribed SGD$1 billion (approximately EUR635 million) tier-2 issuance at 4.70% due in 2022 notes in the Singapore dollar bond market. The deal received a local record of SGD$17 billion (approximately EUR10 billion) from 170 accounts, biggest for a European lender. The deal is the first SGD Tier 2 transaction from a European bank in over a decade and the first SGD Tier 2 from a non-Asian focused bank.

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Tags:  Clifford Chance LLP | Singapore

GrayRobinson Welcomes Shareholder Lewis R. Cohen and Associate Christina Guzman to its Miami Office

Lewis R. Cohen has joined GrayRobinson, P.A. as a shareholder in the firm’s Miami office and brings with him Associate Christina Guzman. Cohen brings more than 32 years of experience in commercial practice to the firm, with a strong background in advising banks and representing lenders. Both Cohen and Guzman will focus their practice on banking and finance issues.

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Tags:  GrayRobinson, P.A. | Miami

Shearman & Sterling Advises on Refinancing for Astoria Generating

Shearman & Sterling advised Goldman Sachs Lending Partners LLC, Morgan Stanley Senior Funding, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, joint bookrunners and joint syndication agents in connection with a $455 million refinancing, consisting of a $425 million 5-year term loan and a $30 million 4.5-year revolving credit facility for Astoria Generating Company Acquisitions, L.L.C (“Astoria”), an entity formed by an investor group led by Madison Dearborn Partners and New York City-based US Power Generating Company.

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Tags:  Shearman & Sterling LLP | New York