Monthly Archives: June 2014

Akin Gump Advises Greenlight Capital in BioFuel Energy’s $275M Acquisition of JBGL

Wednesday, June 11, 2014

Today, Biofuel Energy Corp. announced that it had entered into a definitive agreement with certain affiliates of Greenlight Capital, Inc. and James R. Brickman pursuant to which Biofuel will acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP from Greenlight and Brickman. JBGL is a series of real estate entities involved in the purchase and development of land for residential purposes, construction lending and home building operations. JBGL is currently owned and controlled by Greenlight and Brickman.

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Tags:  Akin Gump Strauss Hauer & Feld LLP | New York

Macfarlanes Advises Game Digital On IPO

Wednesday, June 11, 2014
Macfarlanes has advised GAME Digital plc, the leading omni-channel specialist retailer of video games in the UK and Spain, on its flotation on the main London market.
Based on the offer price of 200 pence per share, which raised gross proceeds of approximately £121 million for GAME and the selling shareholders, the market capitalisation of GAME at IPO was £340 million.

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Tags:  Macfarlanes LLP

Simpson Thacher Represents TPG Capital and Riverwood Capital in Sale of Aptina, Inc. to ON Semiconductor for $400 Million

Tuesday, June 10, 2014

Simpson Thacher is representing TPG Capital, Riverwood Capital and Aptina, Inc. in connection with the sale of Aptina, a global provider of imaging solutions, to an affiliate of ON Semiconductor Corporation (NASDAQ: ONNN) for approximately $400 million. The transaction is expected to close in the third quarter of 2014 and is subject to customary regulatory and other closing conditions.
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Tags:  Simpson Thacher & Bartlett LLP

TransDigm Inc.’s $2.35 Billion High-Yield Senior Subordinated Debt Offering

Tuesday, June 10, 2014

Cravath represented the initial purchasers, led by Morgan Stanley and Credit Suisse, in connection with the US$2.35 billion 144A/Reg. S high‑yield senior subordinated debt offering of TransDigm Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The transaction closed on June 4, 2014.

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HFW advises Genting Hong Kong on second newbuild cruise ship in a deal worth €697 million

Tuesday, June 10, 2014

The HFW team, led by Hong Kong Partner Patrick Yeung, advised Genting on the shipbuilding contract and related ECA-supported financing. London based Partner Elinor Dautlich and Senior Associate Alex Sayegh negotiated the shipbuilding contract, while Partner John Forrester and Associate Gudmund Bernitz (also London based) advised on the ECA-backed financing.

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Tags:  Holman Fenwick Willan LLP

WilmerHale Representing Analog Devices in Pending Acquisition of Hittite Microwave Corporation

Tuesday, June 10, 2014

WilmerHale is representing its longtime client Analog Devices, Inc., a global leader in high-performance semiconductors for signal processing applications, in its proposed acquisition of Hittite Microwave Corporation, a designer and manufacturer of high performance integrated circuits, modules, subsystems and instrumentation for RF, microwave and millimeter wave applications, in a cash tender offer for approximately $2.5 billion in total equity value.
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Tags:  Wilmer Cutler Pickering Hale and Dorr LLP

TransAlta Closes $400 Million Public Offering

Tuesday, June 10, 2014

Paul, Weiss client TransAlta Corporation closed its public offering in the United States of $400 million of 1.900% senior notes due 2017. HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint bookrunning managers.

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