On August 7, 2012, a team of Jenner & Block attorneys closed a $300 million international secured letter of credit facility provided by Citibank, N.A. and its affiliates in 42 foreign countries to General Motors Holdings LLC and its domestic and foreign subsidiaries.
Tags: Jenner & Block, LLP
Exelon Corp., the largest competitive U.S. power generator, today announced that it has reached an agreement to sell its three Maryland coal-fired power plants and related assets to Raven Power Holdings LLC, a new portfolio company of energy and power focused private equity firm Riverstone Holdings LLC, for $400 million, subject to several closing adjustments.
Tags: Morgan, Lewis & Bockius LLP
Ashurst has advised Thakral, one of Australia’s largest hotel owners, on its $460 million syndicated refinancing deal. Thakral’s key assets include the Wynyard Centre in the Sydney CBD and certain Sofitel, Novotel and Hilton hotels in major centres along the east coast of Australia.
Tags: Ashurst
Weil has today secured victory for Sir David and Sir Frederick Barclay and their associated companies, who were defendants in the hard fought and highly complex unfair prejudice petition and conspiracy action brought by Irish developer Patrick McKillen. The multimillion-pound action, which lasted for 30 full days of trial and which was heard on an expedited basis by Mr. Justice David Richards, related to the ownership and control of the Maybourne Hotels Group, which owns three iconic London hotels: Claridges, the Berkeley and the Connaught.
Tags: Weil, Gotshal & Manges, LLP
Cahill represented the joint book-running managers and co-managers in the Rule 144A/Reg S offering of $1,000,000,000 6.5% Senior Notes due 2020 by Biomet, Inc., a leading orthopedic medical device company. Proceeds from the offering will be used to refinance existing indebtedness. Cahill also represented the dealer managers in connection with Biomet, Inc.’s tender offer for its outstanding 10 3/8% / 11 1/8% Senior Toggle Notes due 2017.
Tags: Cahill Gordon & Reindel LLP | New York
Pryor Cashman LLP is pleased to announce the addition of Dyan Finguerra-DuCharme to its Intellectual Property and Litigation Groups where she will strengthen the firm’s already robust capabilities in these areas. Finguerra-DuCharme comes to Pryor Cashman from White & Case where she was a key member of that firm’s IP Group.
Tags: Pryor Cashman LLP | New York
O’Melveny & Myers LLP is pleased to announce that Aparna B. Joshi, a well-respected labor lawyer, has rejoined the Firm as a partner in the Labor and Employment Practice Group. Joshi will be based in O’Melveny’s Washington, DC office.
Tags: O'Melveny & Myers, LLP
Davis Polk advised Deutsche Bank AG, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, The Korea Development Bank, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. International plc as underwriters in connection with a Schedule B debt offering by Korea Finance Corporation of $500 million in aggregate principal amount of its 2.25% notes due 2017.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk advised J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC, as representatives of the underwriters, in connection with the $308 million SEC-registered secondary offering of 14,064,500 shares of Vantiv, Inc.’s Class A common stock by funds affiliated with Advent International Corporation and trusts affiliated with one of Vantiv’s directors, Pamela H. Patsley, at a price to the public of $21.90 per share. The underwriters’ over-allotment option to purchase additional shares of Class A common stock from the selling stockholders was exercised in full. The Class A common stock is listed on the New York Stock Exchange under the symbol “VNTV.”
Tags: Davis Polk & Wardwell LLP | New York
Clayton Utz is advising the joint lead managers, Credit Suisse, Roberts & Partners, Macquarie Capital, Morgan Stanley, RBS and RBS Morgans, on APA Group’s $350 million offer of ASX-listed hybrid notes, announced to the market today
Tags: Clayton Utz