Linklaters has advised on the procurement for the manufacture and maintenance of rolling stock for the UK rail operator Thameslink’s network. The funding requirement for this project is in the order of £1.8 billion of which £1.6 billion will be met through senior debt.
Tags: Linklaters
The Firm is representing Arch Coal, Inc. (NYSE: ACI) in connection with the sale of its wholly-owned subsidiary, Canyon Fuel Company, LLC, for $435 million in cash to Bowie Resources, LLC. Canyon Fuel includes the Sufco and Skyline longwall mines and the Dugout Canyon continuous miner operation in Utah. In addition, Bowie will receive approximately 105 million tons of bituminous coal reserves in Utah. The transaction is subject to customary adjustments for working capital and other items. The transaction is expected to close in the third quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented Best Buy Co., Inc. (NYSE: BBY), in a new $500 million revolving 364-day credit facility and a First Amendment to their existing $1.5 billion revolving five-year credit facility. The new 364-day credit facility replaces an existing facility that was to expire in August 2013.
Tags: Simpson Thacher & Bartlett LLP | New York
International law firm Freshfields Bruckhaus Deringer has advised the Department for Transport on the Thameslink Rolling Stock Procurement Project (TRSP) the largest, most ambitious and complex rail procurement to date.
Tags: Freshfields Bruckhaus Deringer LLPInternational law firm Freshfields Bruckhaus Deringer has advised The Abraaj Group on its agreement to acquire a 100% stake in Fan Milk International (“FMI”), West Africa’s market leading manufacturer and distributor of frozen dairy products and juices.
Tags: Freshfields Bruckhaus Deringer LLP
In the latest boost to its leading financial institutions practice, Milbank, Tweed, Hadley & McCloy announced that John Williams, who focuses on complex transactional and regulatory work in the derivatives space, has joined the firm’s New York office as a partner. His arrival expands the derivatives capability of Milbank, which represents leading global banks and financial institutions in the largest business markets worldwide.
Tags: Milbank LLP | New YorkMilbank, Tweed, Hadley & McCloy LLP recently represented affiliates of KKR Asset Management LLC (KAM) in the structuring and issuance of approximately $519 million of collateralized loan obligation (CLO) notes in a transaction in which Citigroup Global Markets Inc. acted as lead initial purchaser and placement agent, KKR Capital Markets LLC acted as an initial purchaser and placement agent, and Natixis Securities Americas LLC acted as a placement agent. The CLO notes are collateralized primarily by a diversified portfolio of senior secured corporate loan obligations selected by and to be managed for the CLO issuer by a KAM affiliate. KAM was formed in June 2004 as a subsidiary of Kohlberg Kravis Roberts & Co. L.P., a leading global investment firm with a 37-year history of leadership, innovation and investment excellence.
Tags: Milbank LLP | New York
Dickstein Shapiro LLP is pleased to announce that Jason R. Eig has returned to the firm as a partner in the Corporate & Finance Practice. Jason previously practiced with the firm from 1999 to 2007. He is a corporate attorney who represents clients on real estate, finance, and general corporate transactional matters focusing in many areas, including industrial, financial services, energy/commodities, health care, and hospitality.
Tags: Cadwalader, Wickersham & Taft, LLP
Global law firm Proskauer has advised on eight significant real estate private equity and capital markets transactions over the past month in New York, exceeding $8.0 billion in aggregate value.
Tags: Proskauer Rose, LLP | New York
McCarter & English, LLP is pleased to announce that David L. Woronov has joined as partner with the firm’s corporate, securities and financial institutions practice in Boston.
Tags: McCarter & English, LLP