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.
Tags: Davis Polk & Wardwell | New YorkMonthly Archives: September 2013
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.
Tags: Simpson Thacher & Bartlett LLP | New YorkWinston & Strawn Bolsters Real Estate Practice with Capital Market Finance Laterals in New York
Winston & Strawn LLP has announced Christine A. Spletzer and Bola Oloko have joined the firm’s real estate practice in the New York office. Ms. Spletzer, who was previously with Winston & Strawn, rejoins the firm as partner from Paul Hastings, and Mr. Oloko joins as of counsel from Duval & Stachenfeld.
Tags: Winston & Strawn LLP | New YorkColleen Hart Joins Proskauer as Partner Based in Los Angeles
Global law firm Proskauer announced today that Colleen M. Hart has joined the firm as an Executive Compensation & Employee Benefits partner, to be resident in the Los Angeles office. Ms. Hart adds depth to Proskauer’s highly regarded Employee Benefits, Executive Compensation & ERISA Litigation Group and West Coast transactional capabilities.
Tags: Proskauer Rose, LLP | Los AngelesJones Day Strengthens Tax and Finance Practices with Addition of Siamak Mostafavi in Paris
The global law firm Jones Day has announced that partner Siamak Mostafavi and associate Nicolas André will join the Tax Practice in the Firm’s Paris Office. Mr. Mostafavi will join on October 1, Mr. André on October 11. They both join from Allen & Overy’s Paris office, where Mr. Mostafavi founded the tax team in 1999.
Tags: Jones Day LLPJason A. Saltzman Joins Dentons Toronto
Dentons Canada LLP is pleased to announce that Jason A. Saltzman has joined the firm as a partner in the Toronto office Corporate Finance and Securities group. Previously, Jason practised as a partner with another major Canadian law firm.
Tags: DentonsPaul 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.
Tags: Paul Hastings LLP | New YorkDLA 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.
Tags: DLA Piper | Hong KongJeremy M. Brown Joins Epstein Becker Green’s National Labor and Employment Practice
The national law firm of Epstein Becker Green is pleased to announce that Jeremy M. Brown has joined as a Member of the Firm in the Labor and Employment practice, in the Newark office.
Tags: Epstein Becker & Green P.C.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.