Cravath represented Time Inc. in connection with its US$700.0 million high‑yield senior debt offering. Time Inc. is the largest magazine publisher in the United States based on both readership and print advertising revenue and the largest magazine publisher in the United Kingdom based on print newsstand revenues.

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Kirkland & Ellis LLP represented Insight Pharmaceuticals Corporation, a marketer and distributor of feminine care and other over-the-counter healthcare products, in its sale announced today to Prestige Brands Holdings, Inc.(NYSE:PBH) for $750 million in cash. Prestige Brands anticipates closing on this transaction during the first half of this fiscal year, subject to customary closing conditions, including clearance under the Hart-Scott Rodino Antitrust Improvements Act of 1976. Financing for the transaction is expected from a combination of cash on the balance sheet, use of Prestige’s revolving credit agreement, and an add-on to its existing term loan. More >>

Milbank, Tweed, Hadley & McCloy LLP advised Google Inc. in its agreement with SunPower Corporation to invest a total of $250 million in a program to help homeowners finance residential solar power projects. Google is investing $100 million and San Jose, California-based SunPower is committing $150 million, which will permit thousands of homeowners to lease solar equipment from SunPower.

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O’Melveny & Myers LLP recently represented 1Verge Holdings Ltd. in connection with Alibaba Group’s US$1.22 billion investment in Youku Tudou Inc. (NYSE: YOKU), China’s leading Internet television company. 1Verge Holdings Ltd. is jointly owned by Victor Koo, the chairman and chief executive officer of Youku Tudou, and funds managed by Chengwei Evergreen Management, and is the largest corporate shareholder in Youku Tudou. More >>

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Akin Gump advised private equity firm True Green Capital on the closing of a $130 million credit facility with KeyBank National Association and Investec Bank plc. The credit facility is secured by a number of solar projects across the northeastern United States.

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Paul Hastings LLP, a leading global law firm, represented GE Capital’s Healthcare Financial Services, as administrative agent on $165 million senior credit facilities for Paradigm Management Services, LLC, a specialty provider of healthcare management services for patients with complex medical needs. The proceeds of the credit facilities were used to refinance an existing term loan, pay a dividend to shareholders, and for general corporate purposes. More >>

Shearman & Sterling has represented a joint venture between SL Green Realty Corp. and Jeff Sutton (Wharton Properties) in connection with its $275 million refinancing of 724 Fifth Avenue in New York City, a mixed use building with prime retail space. The $235 million senior mortgage loan was provided by an investment banking firm and the $40 million mezzanine loan was provided by a German bank.

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Seyfarth Shaw LLP advised Kaufman, Hall & Associates, the leading provider of strategic financial consulting services and software tools to healthcare organizations, in connection with its acquisition of Axiom EPM.

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Colin Ng & Partners LLP (“CNP”) advised and acted for Mainboard-listed Memstar Technology Ltd. (“Memstar”) in a S$293 million disposal, completed on 11 April 2014. More >>