Barclays’ $5 Billion Financing of Kinder Morgan Acquisitions

Simpson Thatcher is representing Barclays Bank PLC in connection with $5.0 billion of committed bridge financing to Kinder Morgan, Inc. (NYSE: KMI) for its announced acquisition of (i) all of the outstanding units of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), (ii) all of the outstanding shares of Kinder Morgan Management, LLC (NYSE: KMR) and (iii) all of the outstanding units of El Paso Pipeline Partners, L.P. (NYSE: EPB), in each case not already owned by KMI. The proceeds of the bridge facility will be available to finance a portion of the cash consideration for the acquisitions, to repay certain indebtedness of Kinder Morgan, Inc. and to pay fees and expenses related thereto.

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Davis Polk Advises Its Millicom on Completed $4.4 Billion Business Combination and $240 Million Acquisition in Colombia

Davis Polk advised Millicom International Cellular S.A. (Millicom) in connection with the $4.4 billion combination of its Colombian telecommunications business, conducted through its subsidiary Colombia Móvil S.A. (Colombia Móvil), with UNE EPM Telecomunicaciones S.A. (UNE), a subsidiary of Empresas Públicas de Medellín E.S.P. (EPM). The transaction was completed on August 14, 2014.

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Kirkland & Ellis Advises Schrader International in Sale to Sensata Technologies B.V. for $1.0 Billion

Kirkland & Ellis LLP advised Schrader International in its sale of the Schrader group of companies to Sensata Technologies B.V., a wholly owned indirect subsidiary of Sensata Technologies Holding N.V. (NYSE: ST), for a total enterprise value of $1.0 billion.  Schrader is a global leader in tire pressure monitoring sensors and valves, and has been owned by long-term Kirkland client, Madison Dearborn Partners, LLC.  The transaction is subject to regulatory approval and other customary approvals. It is expected to close not later than the fourth quarter of 2014. The Kirkland team was led by corporate partners Richard Campbell and Jon-Micheal Wheat. Both are based in Chicago.
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Simpson Thacher Represents the Underwriters in $750 Million Debt Offering by Berkshire Hathaway Inc. and $400 Million Debt Offering by Berkshire Hathaway Finance Corporation

The Firm represented BofA Merrill Lynch, Goldman, Sachs & Co. and Wells Fargo Securities in the public offering of $750 million of 2.100% Senior Notes due 2019 of Berkshire Hathaway Inc. (“Berkshire”) and the public offering of $400 million of Floating Rate Senior Notes due August 2017 of Berkshire Hathaway Finance Corporation (“BHFC”), which will be guaranteed by Berkshire. The offerings closed on August 14, 2014.
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WFW advises Höegh LNG Partners LP on US$221 million IPO

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Höegh LNG Partners LP, a Marshall Islands limited partnership (“HMLP”), on its recently completed IPO on the New York Stock Exchange. HMLP raised US$220.8 million in gross proceeds in the IPO, selling approximately 11 million common units at US$20 each.
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Deal Note: Warburg Pincus Leads Equity Investment in Venari Resources LLC

Vinson & Elkins advised Warburg Pincus in connection with its lead equity investment in Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico. In Venari’s most recent equity financing, the company raised an additional $1.3 billion of equity commitments. To date, Venari has raised $2.4 billion of equity commitments from its investors.
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Gulfport Energy Advised by Akin Gump on $300 Million High Yield Deal

Akin Gump advised Gulfport Energy Corporation in an offering of $300 million aggregate principal amount of its 7.750 percent senior notes due 2020 at an issue price of 106 percent of the aggregate principal amount of the notes. The notes were sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

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Tags:  Akin Gump Strauss Hauer & Feld LLP

Paul Hastings Represents Banks in Financing the Acquisition of ValleyCrest by Brickman Group

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Jefferies Finance LLC, Macquarie Capital (USA) Inc., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and Nomura Securities International, Inc. as lead arrangers and joint bookrunners in connection with the financing for the acquisition of landscaping company ValleyCrest Holding Co. by KKR-backed landscaping company The Brickman Group Ltd.
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Tags:  Paul Hastings, LLP