Paul Hastings, a leading global law firm, announced today that the firm represented Barrington Broadcasting Group LLC, an operator of television stations in markets across the United States, in the sale of 18 television stations to Sinclair Broadcast Group, Inc. for $370 million.
Tags: Paul Hastings LLP | New YorkProskauer – American Realty Capital Properties Acquires American Realty Capital Trust III
American Realty Capital Properties, Inc., and American Realty Capital Trust III, Inc., completed the closing of their merger in which global law firm Proskauer served as corporate counsel to both companies. The closing was announced February 28, 2013, after receiving approval by both companies’ stockholders on February 26.
Tags: Proskauer Rose, LLP | New YorkAlan R. Arkin Joins Litigation Group of Tarter Krinsky & Drogin LLP
Tarter Krinsky & Drogin LLP is pleased to welcome Alan R. Arkin as a Partner in the Litigation Group. Mr. Arkin represents private equity and hedge funds, financial institutions, corporations, and individuals in a wide range of civil, criminal, and regulatory matters, including commercial, securities, and corporate governance litigation, as well as with respect to internal, criminal, and regulatory investigations. He also has significant experience in alternative dispute resolution, including mediation and arbitration before the American Arbitration Association, JAMS, and FINRA.
Tags: Tarter Krinsky & Drogin, LLP | New YorkSimpson Thacher Represents HCA and its Principal Stockholder in $1.79 Billion Secondary Offering
Simpson Thacher recently represented HCA Holdings, Inc. and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 50,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $1.79 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Automotive Investors LLC and Certain Members of TRW’s Management in Public Offering of 10 Million Shares of TRW’s Common Stock
The Firm represented Automotive Investors LLC, an affiliate of The Blackstone Group L.P., and certain members of TRW Automotive Holdings Corp.’s (“TRW”) management in connection with a registered public offering of 10,000,000 shares of TRW’s common stock. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC served as underwriters for the offering. The gross proceeds from the offering were approximately $591.0 million.
Tags: Simpson Thacher & Bartlett LLP | New YorkCahill Represents Initial Purchasers in $600 Million Notes Offering by PolyOne
Cahill represented BofA Merrill Lynch and Wells Fargo Securities, as lead book-running managers, and the co-managers in connection with the Rule 144A offering of $600,000,000 aggregate principal amount of 5.25% Senior Notes due 2023 by PolyOne Corporation, a premier provider of specialized polymer materials and services. Proceeds from the offering will be used in connection with PolyOne’s acquisition of Spartech Corporation.
Tags: Cahill Gordon & Reindel LLP | New YorkFour Attorneys Join Porzio’s New York Office
Porzio, Bromberg & Newman P.C. is pleased to announce that Steven R. Wagner, John R. Wagner, Bonnie Reid Berkow and Karen E. Schwimmer have joined the firm. Steve Wagner joins Porzio as a Principal, John Wagner and Bonnie Reid Berkow as Of Counsel, and Karen Schwimmer as an Associate. All will be based in Porzio’s New York City office and are former members of Wagner Davis P.C., which was founded by Steven Wagner in 1984.
Tags: Porzio Bromberg & Newman | New YorkPaul Hastings Represents Tenedora Nemak, S.A. DE C.V. in $500 Million Inaugural High Yield Notes Offering
Paul Hastings LLP, a leading global law firm, represented Tenedora Nemak, S.A. de C.V., one of the world’s largest manufacturers of powertrain components for the automotive industry, in connection with its inaugural international issuance of high yield debt securities. The offering involved the issuance of $500 million of 5.500% Senior Notes due 2023 pursuant to Rule 144A and Regulation S. Based on credit rating and terms, we understand from the investment bankers that this is one of the most favorably priced debt securities offerings to date in Latin America.
Tags: Paul Hastings LLP | New YorkDavis Polk Represents Lehman Brothers International Europe in Multibillion-Dollar Settlement with Lehman Brothers Inc.
Davis Polk, together with Linklaters, represented the joint administrators of Lehman Brothers International (Europe) (“LBIE”) in connection with the litigation and settlement of $38 billion in claims between LBIE and Lehman Brothers Inc (“LBI”). The Lehman Brothers SIPA case is by far the largest SIPA proceeding on record involving an insolvent broker-dealer. The execution last week by LBIE and LBI of the definitive documentation of the settlement and the filing in the bankruptcy court today of the motion seeking approval of the settlement agreement represents a critical milestone in the Lehman Brothers administration and, subject to court approval, will unlock substantial distributions for creditors who hold tens of billions of dollars in claims.
Tags: Davis Polk & Wardwell | New YorkChadbourne Represents GeoPark Holdings Limited in $300 Million U.S. Bond Offering
Chadbourne & Parke LLP represented GeoPark Holdings Limited (“GeoPark”), an oil and gas exploration company listed on the Alternative Investment Market of the London Stock Exchange, and its subsidiaries in the issuance by GeoPark Latin America Limited Agencia en Chile (the “Issuer”) of US$300 million of 7.50% Senior Secured Notes due 2020.
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