Kirkland & Ellis Represents Blackstone and Vine Oil & Gas on $1.2B Deal for Haynesville Assets of Royal Dutch Shell

Kirkland & Ellis LLP represents Blackstone (BX) and Vine Oil & Gas LP, a recently formed exploration and production company headquartered in Dallas, Texas, which today announced a definitive agreement to acquire the Haynesville assets of SWEPI LP and Shell Gulf of Mexico Inc., affiliates of Royal Dutch Shell plc, for $1.2 billion. The assets comprise over 107,000 net acres in North Louisiana in the core of the Haynesville Shale natural gas shale basin. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to close in the fourth quarter of 2014.

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Milbank Represents Lead Arrangers in Clayton, Dubilier and Rice’s €1.2B Acquisition of Mauser Group

Milbank represented Credit Suisse, Barclays, BNP Paribas, ING, Natixis and Nomura as joint lead arrangers and joint bookrunners for the first and second lien senior secured credit facilities in connection with the €1.2 billion acquisition by Clayton, Dubilier and Rice of the Mauser Group, a worldwide leading company in industrial packaging headquartered in Germany.

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Simpson Thacher Represents Initial Purchasers in Sale of $300 Million of Senior Notes Due 2024 by Fairfax (US) Inc.

Simpson Thacher represented the initial purchasers, led by sole book-running manager, Merrill Lynch, Pierce, Fenner & Smith Incorporated, in the sale of an aggregate principal amount of $300 million 4.875% Senior Notes due 2024 by Fairfax (US) Inc. (“Fairfax US”), a wholly-owned subsidiary of Fairfax Financial Holdings Limited (“Fairfax”). The notes are fully, unconditionally and irrevocably guaranteed by Fairfax. Fairfax US intends to use the net proceeds of the offering primarily to refinance approximately $300 million principal amount of certain notes and trust preferred securities issued by subsidiaries of Fairfax.
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DLA Piper advises Linc Energy Ltd. on pricing of senior secured Notes

DLA Piper has advised long term client Linc Energy Ltd. (“Company”) on the successful offering of US$125 million 9.625% due-2017 first-lien senior secured Notes. The notes were issued by the Company’s wholly owned subsidiaries Linc USA GP and Linc Energy Finance (USA) (“Issuers”), through which the company is engaged in the production, development, exploitation and acquisition of crude oil and gas producing properties in the United States.

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Simpson Thacher Represents Apax Partners in its Acquisition of Answers.com

The Firm is representing funds advised by Apax Partners in connection with the announced acquisition of Answers Corporation (Answers), the parent company of Answers.com, from Summit Partners, TA Associates and founder shareholders.  The transaction is expected to close in the fourth quarter of 2014 and is subject to customary closing conditions.  Financial terms were not disclosed.
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Riverstone Holdings and Investor Group to Invest Up to Approximately C$675 Million in Canadian Non-Operated Resources LP

Vinson & Elkins advised Riverstone Holdings in an investment by its affiliate in Canadian Non-Operated Resources LP (CNOR), a newly-formed, Calgary-based oil and gas company that will pursue partnerships with top-tier operators to develop oil and gas assets in the Western Canadian Sedimentary Basin. The aggregate equity commitments to CNOR are approximately C$675 million, of which affiliates of Riverstone committed C$300 million, with the rest of the equity commitment made by a Middle Eastern sovereign wealth fund, CNOR’s management team and other strategic investors.

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