Davis Polk – DuPont Fabros Technology High-Yield Notes Offering and Concurrent Tender Offer

Davis Polk advised the initial purchasers on a Rule 144A/Regulation S offering of $600 million aggregate principal amount of 5.875% senior notes due 2021 by DuPont Fabros Technology, L.P. We also advised Goldman, Sachs & Co. as dealer manager in connection with DuPont Fabros Technology L.P.’s cash tender offer for its outstanding 8.5% senior notes due 2017 and related consent solicitation. The tender offer will be funded in part with the proceeds of the notes offering.

More >>

Tags:  Davis Polk & Wardwell | New York

Simpson Thacher Represents Initial Purchasers and Lenders in $1.0 Billion Refinancing by JBS USA, LLC

The Firm recently represented J.P. Morgan, BofA Merrill Lynch, Credit Suisse, RBC Capital Markets, Wells Fargo Securities and the other initial purchasers in a sale of $500 million of 7.250% Senior Notes due 2021 of JBS USA, LLC, a Delaware corporation, pursuant to Rule 144A and Regulation S.  The Firm also represented the lenders in a concurrent borrowing by JBS USA, LLC of incremental term loans in the amount of $500 million under JBS USA’s existing senior secured term loan facility.  The use of proceeds of the transactions is to repay existing indebtedness of JBS USA.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Paul Hastings Advises on Financing KKR’s Acquisitions of PRA International and ReSearch Pharmaceutical Services, Inc.

Paul Hastings LLP, a leading global law firm, announced today that the firm advised the debt financing providers in connection with affiliates of Kohlberg Kravis Roberts & Co. L.P.’s acquisitions of PRA International and ReSearch Pharmaceutical Services, Inc., both leading global contract research organizations that provide outsourced clinical development services to the biotechnology and pharmaceutical industries.

More >>

Tags:  Paul Hastings LLP | New York

DLA Piper Advises PRC Bank Syndicate on Offshore US$195 Million Financing

DLA Piper has advised a syndicate of banks consisting of ABN AMRO Bank N.V., Natixis and Société Générale on a US$195m prepayment facility for Xinjiang Zhaokun Trading Co. Ltd (“Zhaokun”), an aluminium producer in the Kashgar province of the People’s Republic of China (“PRC”), to finance the purchase and production of aluminium, and to refinance an existing prepayment facility provided by Zhaokun’s existing offtaker, Gerald Metals S.A.

More >>

Tags:  DLA Piper | Hong Kong

Thomas Hoffman Joins Lindquist & Vennum’s Financial Restructuring & Bankruptcy Practice

Lindquist & Vennum LLP is pleased to announce that Thomas E. Hoffman has joined the firm as a partner in the financial restructuring & bankruptcy practice group. His practice will focus on representing financial institutions, insurance companies and similar organizations in commercial workout and bankruptcy matters. He will also represent financial institutions in consumer regulatory and compliance matters.

More >>