The Firm is representing Blackstone Real Estate Partners VII (Blackstone) in connection with the sale of a portfolio of prime shopping centers to DDR Corp. from its existing joint venture with DDR Corp. for $1.46 billion. The joint venture between Blackstone and DDR currently owns 44 shopping centers. DDR has executed a purchase and sale agreement to acquire Blackstone’s 95% common equity ownership interest in 30 of these shopping centers. The 14 shopping centers not being acquired will remain in the venture owned 95% by Blackstone and 5% by DDR. The deal is expected to close in the fourth quarter of 2013 and is subject to customary closing conditions.

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The Firm represented Deutsche Bank Cayman Islands Branch as one of the controlling shareholders and a holder of senior notes of Coinmach Service Corp. in the $1.4 billion acquisition of Coinmach by Pamplona Capital Management LLP. Coinmach is the biggest laundry-equipment service provider in the United States. Pamplona also acquired Air-Serv Group LLC, which provides car-tire inflation services in North America, in connection with the transaction.

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Simpson Thacher represented Seven Generations Energy Ltd. (“7G”) in connection with its Rule 144A and Regulation S offering of $400 million aggregate principal amount of 8.250% Senior Notes due 2020. 7G used the proceeds from the offering to fund its 2013 and 2014 capital development plans and for general corporate purposes.

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