Akin Gump Strauss Hauer & Feld LLP represented FirstEnergy Corp. in a $1.5 billion senior notes offering. The transaction closed on March 5.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkShearman & Sterling Advises New England Sports Ventures in Financing
Shearman & Sterling advised New England Sports Ventures, LLC as borrower under a $575 million senior credit facility agented by Bank of America, N.A.
Tags: Shearman & Sterling LLP | New YorkCravath – Time Warner’s Proposed Separation of Time Inc.
On March 6, 2013, Time Warner Inc. announced that its Board of Directors has authorized management to proceed with plans for the complete legal and structural separation of Time Inc. from Time Warner. Cravath is representing Time Warner in connection with this transaction. Following the proposed transaction, Time Inc. would be an independent, publicly traded company. Time Warner aims to complete the proposed transaction by the end of the calendar year.
Tags: Cravath, Swaine & Moore LLP | New YorkCravath – FCX’s $6.5 Billion Senior Notes Offering
Cravath represented the initial purchasers, led by BofA Merrill Lynch and J.P. Morgan Securities, in connection with the US$6.5 billion senior notes offering of Freeport‑McMoRan Copper & Gold Inc., a leading international mining company. The proceeds of the offering will be used to fund the Plains Exploration & Production Company and McMoRan Exploration Company acquisitions. The transaction closed on March 7, 2013.
Tags: Cravath, Swaine & Moore LLP | New YorkLinklaters Acts on Landmark Moment in Lehman Brothers Insolvency
Linklaters has advised on the latest major developments in the large scale and long running insolvency of Lehman Brothers.
Tags: Linklaters | New YorkShearman & Sterling Advises on $3.5 Billion Financing for Deere & Company
Shearman & Sterling advised Deere & Company, John Deere Capital Corporation and John Deere Bank S.A. as borrowers under a $1 billion 364-day facility and a $2.5 billion five-year credit facility agented by JPMorgan Chase Bank, N.A.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling Advises on First-Ever IPO of US REIT on Non-US Exchange by Non-US Entity
Shearman & Sterling advised BMO Capital Markets and CIBC, as co-lead underwriters, in connection with the initial public offering of Milestone Apartments Real Estate Investment Trust. The IPO raised gross proceeds of $200 million.
Tags: Shearman & Sterling LLP | New YorkSimpson Thacher Represents TRW Automotive in $400 Million Senior Notes Offering
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 Represents JPMorgan in Refinancing of Realogy’s Credit Facilities
Simpson 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 YorkCooley Grows National Tax Practice
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