International law firm Reed Smith today announced the addition of Tamara Box as Head of Structured Finance. She joins the firm’s London office as a partner in the Financial Industry Group. Ms. Box was formerly the Head of International Structured Finance at Berwin Leighton Paisner.
Tags: Reed Smith LLP Monthly Archives: December 2011
Bracewell Represents Shell in 1.2 Million-Square-Foot Shell Plaza Lease, Culminating its Restructuring of North American Real Estate Holdings
Bracewell & Giuliani LLP represented Shell Oil Company in the renewal of its corporate headquarters lease for two buildings in downtown Houston. The lease amounts to 1.2 million square feet, including 804,491 square feet at One Shell Plaza (910 Louisiana Street), and 471,934 square feet at Two Shell Plaza (777 Walker Street). The lease starts retroactively on January 1, 2011 and expires in 2025.
Tags: Bracewell LLP | Houston Eversheds HK Advises on RMB 2.36bn (US$932m) Acquisition
International law firm Eversheds has advised Chow Tai Fook Enterprises Ltd on a RMB 2.36bn (US$932m)property deal to acquire 100 percent stake in a Qingdao-based joint venture from Shanghai Industrial Holdings Limited, a company listed on the Hong Kong Stock Exchange.
Tags: Eversheds Sutherland | Hong Kong Davis Polk – WCA Waste Corporation $325 Million Acquisition Financing
Davis Polk is advising Credit Suisse AG as administrative agent and Credit Suisse Securities (USA) LLC and Macquarie Capital (USA) Inc. as arrangers in connection with a commitment to provide up to $275 million in term loans and an additional $50 million in revolving loans (which may be increased by $20 million in the event of a successful syndication) for Cod Intermediate, LLC, a subsidiary of Macquarie Infrastructure Partners II (MIP II). The commitment is being made in connection with MIP II’s acquisition of all of the common stock of WCA Waste Corporation. Up to $265 million of the term loan facility will be available to pay the purchase price in connection with the acquisition, repurchase WCA’s outstanding notes pursuant to the exercise of put rights following a change of control offer and/or any debt tender offer and to refinance WCA’s existing revolving credit facility. The amount of term loans will be reduced by the amount of notes that are not repurchased pursuant to the exercise of put rights or any debt tender offer. The amount of term loans in excess of $265 million and the proceeds of the revolving facility will be used for working capital and general corporate purposes.
Tags: Davis Polk & Wardwell | New York Freshfields Advises Beijing Jingneng Clean Energy on Its US$244m IPO
International law firm Freshfields Bruckhaus Deringer has advised Beijing Jingneng Clean Energy Co., Limited on its US$244 million global offering of shares and listing on the Hong Kong Stock Exchange.
Tags: Freshfields Bruckhaus Deringer LLP | Beijing Bracewell & Giuliani Represents Omega Navigation in “Landmark” Chapter 11 Victory
Bracewell & Giuliani LLP is currently serving as Chapter 11 counsel to Athens-based Omega Navigation Enterprises, Inc. In what industry observers are calling a “landmark victory” after more than 5 months of “bet the company” litigation, the United States Bankruptcy Court for the Southern District of Texas has rejected motions to dismiss or convert Omega’s chapter 11 cases or for relief from stay filed by Omega’s Senior Lenders and supported by Omega’s Junior Lenders and Unsecured Creditors’ Committee.
Tags: Bracewell LLP | Houston Cahill Represents Lead Arrangers in Debt Financing for $7.2 Billion Acquisition of Samson Investment Company
Cahill represented J.P. Morgan and BofA Merrill Lynch as joint lead arrangers and J.P. Morgan, BofA Merrill Lynch, Wells Fargo, BMO Capital Markets, Barclays, Citigroup, Credit Suisse, Mizuho, RBC and Jefferies as joint bookrunners in connection with the $2,250,000,000 Senior Unsecured Bridge Loan to Samson Investment Company to partially finance its acquisition by private equity firm KKR Group.
Tags: Cahill Gordon & Reindel LLP Linklaters Advises AXA Private Equity on the Acquisition of Polbita by Interchem
Linklaters has advised AXA Private Equity on Interchem’s acquisition of Polbita, a Polish distribution chain specialising in personal care products and owner of Drogerie Natura, the Polish personal care chain of 400 retail outlets. Interchem, the largest Polish wholesaler of household, beauty and personal care products, creates the second largest chain of pharmacies in Poland as a result of this acquisition.
Tags: Linklaters Paul Hastings Represents Electronics in US$1.4 Billion Sale of Hard Disk Drive Operations to Seagate Technology
Paul Hastings, a leading global law firm, announced today that the firm represented Samsung Electronics Co. Ltd, a world leader in digital consumer electronics and information technology, in the sale of its hard disk drive (HDD) operations to Seagate Technology plc (NASDAQ: STX), the world leader in hard disk drives and storage solutions. The transaction closed on December 19.
Tags: Paul Hastings LLP Morrison & Foerster Represents Novellus Systems in $3.3 billion Merger with Lam Research
Morrison & Foerster LLP represented long-time client Novellus Systems, Inc. in a $3.3 billion merger agreement that will result in the sale of the company to Lam Research Corp. The all-stock transaction will combine the companies, which will keep the name Lam Research. The deal is expected to close in the second quarter of 2012.
Tags: Morrison & Foerster LLP