The Firm represented Sycamore Partners in raising Sycamore Partners II, L.P., a $2.5 billion private equity fund, which is the successor fund to Sycamore’s inaugural $1 billion fund raised in 2011/12. Sycamore, founded by Stefan Kaluzny, is a leading private equity firm focused on consumer and retail investments. The Firm has also assisted Sycamore on many of its investments including Talbots, Hot Topic and The Jones Group.
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Hunton & Williams LLP advised the underwriters on an SEC-registered offering by NextEra Energy Capital Holdings, Inc. (“NEE Capital”) of $350 million aggregate principal amount of debentures due 2019.
Kirkland & Ellis LLP represented Blue Sea Capital LLC, a private equity firm based in Palm Beach, Florida, and with an office in El Segundo, California, in the closing of its debut fund, announced yesterday. Blue Sea Capital Fund I LP successfully closed with $327 million of capital commitments, substantially oversubscribed from the initial $300 million target, with approximately 10 percent coming from the general partner and its affiliates. Blue Sea achieved the fundraise within 12 months. Investors include pension funds, insurance companies, fund-of-funds, endowments and multi-family offices.
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Paul Hastings, a leading global law firm, announced today that the firm acted as counsel to the underwriters Credit Suisse, Bank of America Merrill Lynch and Citigroup in the offering of $1 billion of 4.125% 10 year bonds by Banco Inbursa, S.A., a leading Mexican commercial bank, which is controlled by Carlos Slim and members of the Slim family. The offering was Banco Inbursa’s first ever international debt offering.
Tags: Paul Hastings, LLPThe Firm represented Cedar Fair, L.P. (“Cedar Fair”) in connection with a Rule 144A/Regulation S offering of $450,000,000 aggregate principal amount of 5.375% senior unsecured notes due 2024 (the “2024 Senior Notes”) issued by Cedar Fair, Magnum Management Corporation and Canada’s Wonderland Company, as co-issuers (“Co-Issuers”). The 2024 Senior Notes are fully and unconditionally guaranteed by all existing and future subsidiaries that guarantee the Co-Issuers’ senior secured credit facility. Cedar Fair used the net proceeds from the offering of the 2024 Senior Notes to redeem all of the outstanding 9.125% senior unsecured notes due 2018 (the “2018 Senior Notes”) issued by the Co-Issuers, exercise the Co-Issuers’ right to satisfy and discharge the indenture governing the 2018 Senior Notes and for general corporate purposes.
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Davis Polk advised Tencent Holdings Ltd. in connection with its purchase of 139,493,960 Class A ordinary shares of JD.com, Inc. in a concurrent private placement as part of JD’s IPO for an aggregate purchase price of $1.3 billion.
Tags: Davis Polk & Wardwell LLP
A Dentons team led by Tim Haney and including Lucas Tomei and Dan Shea acted as counsel for the underwriters in the successful completion of Keyera Corp.’s public offering of 3,750,000 common shares, as well as the sale of an additional 562,500 common shares pursuant to the over-allotment option exercised by the underwriters in connection with the public offering.
Tags: Dentons
