Allen & Overy announced today that Kent Rowey and Dolly Mirchandani will be joining its New York office as partners in its market leading Global Energy & Infrastructure practice.
Tags: Allen & Overy LLP | New YorkSimpson Thacher Represents Underwriters in $1.55 Billion Asset Backed Notes Offering by Mercedes-Benz Auto Receivables Trust 2012-1
The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and RBS Securities Inc., in connection with the asset backed notes offering by Mercedes-Benz Auto Receivables Trust 2012-1, the issuing entity, of $450,000,000 principal amount of 0.23000% Class A-1 Asset Backed Notes, $500,000,000 principal amount of 0.37% Class A-2 Asset Backed Notes, $450,000,000 principal amount of 0.47% Class A-3 Asset Backed Notes and $146,500,000 principal amount of 0.61% Class A-4 Asset Backed Notes.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Blackstone in its Acquisition of Vivint for in Excess of $2 Billion
The Firm is representing Blackstone Capital Partners VI, L.P. in connection with its acquisition of Vivint Inc., Vivint Solar, Inc. and 2GIG Technologies, Inc. from their existing shareholders, including Goldman Sachs, Peterson Partners, Jupiter Partners and other minority shareholders for in excess of $2 billion. It is expected that the transaction will close before year end.
Tags: Simpson Thacher & Bartlett LLP | New YorkDavis Polk Advises Digicel Group Limited on Its $1.5 Billion Notes Offering and Cash Tender Offer
Davis Polk advised Digicel Group Limited on a Rule 144A/Regulation S offering of $1.5 billion of 8.25% senior notes due 2020 and a concurrent cash tender offer by Digicel for any and all of its $415 million aggregate principal amount of outstanding 9.125% / 9.875% senior toggle notes due 2015 and $1 billion aggregate principal amount of outstanding 8.875% senior notes due 2015. The tender offer consideration was funded from the net proceeds of the offering.
Tags: Davis Polk & Wardwell | New YorkDavis Polk – Genesee & Wyoming Inc.’s Concurrent Offerings of Class A Common Stock and Tangible Equity Units
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint book-running managers in connection with the offering of 4,025,000 shares of Class A common stock of Genesee & Wyoming Inc. (including 525,000 shares from the full exercise of the underwriters’ over-allotment option), of which 233,996 shares were offered by a selling stockholder who is the Chairman of the company’s board of directors, and the offering of 2,300,000 5% tangible equity units of Genesee & Wyoming Inc. (including 300,000 tangible equity units from the full exercise of the underwriters’ over-allotment option). The net proceeds from the Class A common stock offering were approximately $233.4 million and the net proceeds from the tangible equity units offering were approximately $221.6 million, resulting in total net proceeds of approximately $455 million. Genesee & Wyoming Inc. intends to use the net proceeds from the concurrent offerings to partially fund its pending acquisition of RailAmerica Inc.
Tags: Davis Polk & Wardwell | New YorkCahill – Ladder Capital Completes $325 Million 144A Notes Offering
Cahill represented J.P. Morgan, Deutsche Bank Securities, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the Rule 144A offering of $325,000,000 aggregate principal amount of 7.375% Senior Notes due 2017 by Ladder Capital Finance Holdings LLP and Ladder Capital Finance Corporation.
Tags: Cahill Gordon & Reindel LLP | New YorkShearman & Sterling Advises on $2.0 Billion Bond Offering by The Royal Bank of Scotland
Shearman & Sterling represented the underwriters (led by RBS Securities Inc.) in connection with The Royal Bank of Scotland Group plc’s global offering of $2.0 billion of 2.550% Senior Notes due 2015.
Tags: Shearman & Sterling LLP | New YorkCravath – NCR’s Senior Notes Offering
Cravath represented the initial purchasers, led by J.P. Morgan Securities, in connection with the US$600 million Rule 144A/Reg. S offering of NCR Corporation’s 5.0% senior notes due 2022. NCR is a global technology company with services that span more than 100 countries. The transaction closed on September 17, 2012.
Tags: Cravath, Swaine & Moore LLP | New YorkSimpson Thacher Represents Initial Purchasers in $500 Million Senior Notes Offering by Forest Oil Corporation
The Firm represented the initial purchasers, led by J.P. Morgan and Wells Fargo Securities, in connection with an offering by Forest Oil Corporation of $500 million of 7 ½% Senior Notes due 2020 pursuant to Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New YorkCahill – MGM Completes $1 Billion Notes Offering
Cahill represented BofA Merrill Lynch, Deutsche Bank Securities, RBS, and SMBC Nikko as joint book-running managers and the co-managers in connection with the Rule 144A/Reg S offering of $1,000,000,000 aggregate principal amount of 6.75% Senior Notes due 2020 by MGM Resorts International. Proceeds from the offering will be used to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New York