International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Doug Tanner and Transportation and Space Finance partner Drew Fine, acted as special New York counsel to Credit Agricole Securities and Goldman, Sachs & Co. in an offering of approximately US$288 million 1.829% Senior Notes Due 2024 by Carobao Leasing LLC, which notes are guaranteed by Export-Import Bank of the United States (“Ex-Im Bank”).

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Simpson Thacher represented Mercantil Colpatria, Anchor Fund and Linzor Capital Partners in connection with the sale to The Bank of Nova Scotia of 51% of the shares of Colfondos AFP. After completion of the transaction, Mercantil Colpatria will retain 49% ownership in the firm and Anchor Fund and Linzor Capital Partners will sell their entire minority stakes in Colfondos AFP. The transaction is subject to regulatory approval.

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Simpson Thacher recently represented Energy Future Intermediate Holding Company LLC (“EFIH”) and EFIH Finance Inc., direct, wholly-owned subsidiaries of Energy Future Holdings Corp. (“EFH Corp.”), formerly known as TXU Corp., in their issuance and sale of $250,000,000 aggregate principal amount of 6.875% Senior Secured Notes due 2017 and $600,000,000 aggregate principal amount of 11.750% Senior Secured Second Lien Notes due 2022. The issuers intend to dividend a portion of the net proceeds from the offering to EFH Corp., and EFH Corp. intends to use the funds it receives from EFIH to repay a portion of certain inter-company demand notes. The issuers intend to use the remaining net proceeds for general corporate purposes.

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Davis Polk advised Bank of America, N.A. as administrative agent in connection with a $500 million 364-day revolving credit facility for Ecolab Inc. The 364-day facility refinances Ecolab’s existing 364-day facility and will be used for general corporate purposes and to backstop commercial paper.

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