Paul Hastings LLP, a leading global law firm, announced today that the firm represented Deutsche Bank AG, London Branch as arranger and lead manager in connection with a €887 million European Commercial Mortgage Backed Securitisation (CMBS) for a German multi-family property portfolio owned by the Vitus Group.
Tags: Paul Hastings LLPMonthly Archives: October 2012
Baker Botts – Mediacom Communications Corporation Signs Distribution Agreement with TiVo Inc.
On September 25, Mediacom Communications Corporation entered into a distribution agreement with TiVo Inc. to provide TiVo’s next-generation whole home DVR solution to Mediacom subscribers.
Tags: Baker Botts LLP | DallasMorgan Lewis Boosts Frankfurt Corporate Team Through Hire of Marcus Herrmann
Morgan Lewis today announced that Dr. Marcus Herrmann—a high profile M&A and corporate lawyer—has joined the Frankfurt office as a partner. Marcus was most recently a partner at Latham & Watkins, where he was one of the founder partners of the Frankfurt bureau in 2002.
Tags: Morgan Lewis & Bockius LLP | GermanySimpson Thacher Represents Initial Purchasers in U.S.$1 Billion Debt Offering by Grupo Aval Acciones y Valores S.A.
The Firm represented Goldman, Sachs & Co. and J.P. Morgan Securities LLC, as initial purchasers, in connection with an offering of U.S.$1 billion aggregate principal amount of 4.75% Senior Notes due 2022 issued Grupo Aval Limited (Cayman Islands) and guaranteed by Grupo Aval Acciones y Valores S.A. (Colombia). The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in $600 Million Senior Notes Offering by General Cable Corporation
The Firm recently represented the initial purchasers, led by J.P. Morgan, Deutsche Bank, Wells Fargo, Credit Agricole and Goldman Sachs, in connection with an offering by General Cable Corporation of $600 million aggregate principal amount of its 5.750% Senior Notes due 2022 pursuant to Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents CNO Financial in Recapitalization
The Firm recently represented CNO Financial Group, Inc. (“CNO”) in connection with a recapitalization that included a private offering of $275 million aggregate principal amount of 6.375% senior secured notes due 2020 and entry into a new senior secured credit agreement consisting of a $250 million four-year term loan facility, a $425 million six-year loan facility and a $50 million three-year revolving credit facility. CNO used the net proceeds of the issuance of the new senior secured notes and borrowings under the new term loan facilities to repay all $224 million outstanding under its existing senior secured credit agreement, repurchase and fund the redemption of $275 million aggregate principal amount of 9.0% senior secured notes due 2018, and repurchase approximately $200 million aggregate principal amount of 7.0% convertible senior debentures due 2016 from entities affiliated with Paulson & Co. Inc.
Tags: Simpson Thacher & Bartlett LLP | New YorkIrwin Mitchell – Banking Boost For Corporate Team
National law firm, Irwin Mitchell, has again made a significant addition to its corporate team with the announcement that one of the North of England’s leading banking and finance partners, Dean Gormley, is joining the firm.
Tags: Irwin Mitchell LLPACH Shoosmiths Opens for Business
ACH Shoosmiths is launched today (Monday 1 October). It is the result of a merger between top 40 national law firm Shoosmiths and Edinburgh-based Archibald Campbell & Harley.
Norton Rose Advises on £400 Million Development Financing of Kings Reach Tower in Southwark, London
The Dubai and London offices of international law firm Norton Rose advised a syndicate of Middle Eastern banks led by ABC International Bank plc, a European subsidiary of Arab Banking Corporation B.S.C, in relation to a senior Shariah compliant facility to Kings Reach Estates Limited, a joint venture between London developer CIT and Jadwa Investment for the redevelopment and refurbishment of the Kings Reach Tower in Southwark, London.
Tags: Norton Rose Fulbright | DubaiJackson Walker Wins Appellate Victory for Bankcard Processing International
On Aug. 30, 2012, Jackson Walker obtained a key victory for its client, Bankcard Processing International L.L.C., when the Court of Appeals for the First District of Texas overturned a $1.5 million judgment against the company and other defendants.
Tags: Jackson Walker, LLP | Houston