Dewey & LeBoeuf has represented Spartan Capital Holdings Sp. z o.o. and Eileme 2 AB (publ) in connection with the offering of €542 Million 11.750% Senior Notes due 2020 and US$500 Million 11.625% Senior Notes due 2020. The transaction is the largest European high yield notes issuance to date in 2012, the largest ever Polish corporate bond offering and the first significant euro-denominated high yield deal to emerge since November 2011.
Monthly Archives: January 2012
Goodwin Advises Cowen Royalty in $1 Billion Capital Raise
Earlier this month, Goodwin Procter client Cowen Healthcare Royalty Partners, a global healthcare investment firm, announced the closing of a new $1 billion fund. Cowen Royalty exceeded its initial target for the fund by more than 75%.
Tags: Goodwin Procter LLP Cahill Represents Financing Sources in $1.5 Billion Acquisition of SunGard Higher Education by Datatel
Cahill represented Bank of America as administrative agent and Merrill Lynch, Pierce, Fenner & Smith and Barclays Captial as joint lead arrangers in connection with the $1,200,000,000 credit facility comprised of a $1,075,000,000 Term B loan and a $125,000,000 revolving credit facility for Sophia L.P. (a newly formed company that also owns Datatel). The proceeds were used to partially finance the acquisition of SunGard Higher Education by Sophia L.P. and to refinance existing indebtedness of Datatel.
Tags: Cahill Gordon & Reindel LLP | New York Greenberg Traurig Expands its Houston Office with the Addition of John P. McMullan
The international law firm Greenberg Traurig, LLP announced that John P. McMullan has joined its Houston office as a shareholder in the Corporate & Securities Practice.
Tags: Greenberg Traurig, LLP | Houston Pat Swan Joins Jones Day as Trial Partner in San Diego
The global law firm Jones Day today has announced that Pat Swan has joined the firm as a partner in the Trial Practice, resident in the firm’s San Diego Office. Mr. Swan comes to Jones Day from Luce Forward Hamilton & Scripps, where he was the partner-in-charge of the San Diego office and head of the firm’s white collar criminal defense practice group.
Tags: Jones Day Davis Polk Advises Roche on Its Offer to Acquire Illumina
Davis Polk is advising Roche on its proposal to acquire Illumina, Inc. for $44.50 per share in cash, or approximately $5.7 billion on a fully diluted basis. In addition, Roche will nominate a slate of highly qualified, independent candidates for election to Illumina’s board of directors and propose certain other matters for the consideration of Illumina’s shareholders at Illumina’s 2012 annual meeting, which, if adopted, would result in Roche-nominated directors comprising a majority of the Illumina board. Roche’s offer will be subject to customary conditions, including the tender of a majority of Illumina’s shares of common stock.
Tags: Davis Polk & Wardwell LLP | New York Dechert Represents Celgene in Acquisition of Avila Therapeutics
Celgene Corporation (NASDAQ: CELG), a New-Jersey-based corporation and Avila Therapeutics, Inc., a Massachusetts-based privately held biotechnology company developing targeted covalent drugs that treat diseases through protein silencing, today announced a definitive merger agreement under which Celgene Corporation will acquire Avila Therapeutics, Inc.
Tags: Dechert LLP Orrick Advises San Diego Gas & Electric in Major Wind Power Investment
In a first-of-its-kind transaction, a San Francisco and Washington, D.C., team recently advised San Diego Gas & Electric (SDG&E) in its $285 million investment in the Rim Rock wind power project in northern Montana. This is the first time that a California regulated utility has invested in a renewable energy project in order to use the tax benefits of ownership to reduce the price it pays for energy.
Tags: Orrick, Herrington & Sutcliffe LLP Weil – AmSafe Global Holdings to be Acquired by TransDigm for $750 Million
AmSafe Global Holdings, Inc., a world leading supplier of innovative, highly engineered and proprietary safety and restraint equipment used primarily in the global aerospace industry, announced that it has reached agreement to be purchased by TransDigm Group Incorporated for $750 million. Global firm Weil, Gotshal & Manges was counsel to AmSafe on the all-cash transaction, which is expected to close before the end of the second quarter of fiscal 2012, subject to regulatory approvals and customary closing conditions.
Tags: Weil, Gotshal & Manges, LLP Clifford Chance Advises CVC on its Sale of Minit Asia Pacific Co. Ltd
Leading international law firm Clifford Chance has advised a seller formed by funds advised by CVC Asia Pacific (CVC) on its sale of Minit Asia Pacfic Co. Ltd (Minit Asia) to a purchaser formed by the private equity fund, Unison Capital I, L.P.
Tags: Clifford Chance LLP | Tokyo