Allen & Overy LLP has advised Bayer AG and Bayer World Investments B.V. with regard to a syndicated loan provided by Bank of America, N.A., BNP Paribas and Mizuho Bank, Ltd., bridging the financing of the acquisition of Merck & Co. Inc.’s consumer care business by Bayer AG for a purchase price of USD 14.2 bn. (EUR 10.4 bn.). More >>
Tags: Allen & Overy LLP
Squire Sanders represented lifestyle apparel brand prAna Living LLC in its sale to Columbia Sports Company, an innovator in the global outdoor apparel, footwear, accessories, and equipment industries. prAna will join Columbia’s stable of sports apparel brands, including Columbia, Mountain Hardwear, Sorel, and Montrail. The deal is valued at approximately US$195 million. prAna has been controlled by its majority owner, Steelpoint Capital Partners, also a Squire Sanders client. More >>
Tags: Squire Patton Boggs
In a noteworthy private equity financing transaction, Milbank, Tweed, Hadley & McCloy LLP represented the initial purchasers in a $750 million high-yield debt offering issued to help finance the buyout of Signode Industrial Group by leading private equity investor The Carlyle Group.
Tags: Milbank LLP | New York
Maples and Calder is advising Amedeo (formerly known as Doric Lease Corp.) in connection with its order for Airbus A380 wide body aircraft. The order, which is worth US$8.3 billion at list prices, is one of the most significant recent investments in Airbus A380 aircraft in the market. The ground-breaking deal was announced during a press conference at the Singapore Airshow.
Tags: Maples Group
King & Spalding advised SunTrust Banks, Inc., in the issuance of $650 million aggregate principal amount of its 2.50% senior notes due 2019, pursuant to an underwriting agreement with SunTrust Robinson Humphrey, Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC, as representatives of the several underwriters. The transaction closed on May 5.
Tags: King & Spalding LLP
Kirkland & Ellis LLP represented Thoma Bravo, LLC, a leading private equity investment firm, which announced today that it completed fundraising for Thoma Bravo Fund XI. The fund was significantly oversubscribed and closed at $3.65 billion, reaching its hard cap of limited partner commitments and exceeding its initial target of $2.5 billion. Fundraising activity for Thoma Bravo’s newest fund culminated relatively quickly after launching in January. The firm was able to complete fundraising with a single close. More >>
Tags: Kirkland & Ellis LLPSkadden is representing Youku Tudou Inc., China’s leading Internet television company, in a $1.22 billion investment by Alibaba Group Holding Limited and Yunfeng Capital, announced April 28. More >>
Cooley LLP announced today that it represented Inktank Storage on its acquisition by Red Hat for $190 million in cash consideration and certain retention payments.
Tags: Cooley LLPChadbourne & Parke represented SunPower Corp., the second-largest US solar manufacturer, in a transaction with Google, Inc. to create a US$250 million program to finance residential solar systems.
