Global legal practice Norton Rose Fulbright has advised JP Morgan Cazenove and J&E Davy as joint bookrunners on the €399.8 million placing and open offer of shares of Irish property investment company, Green REIT plc (Green REIT).
Tags: Norton Rose Fulbright
Hogan Lovells today announces that a Corporate and Tax team advised American Homes 4 Rent, the nation’s largest publicly traded real estate investment trust (REIT) focusing on single-family rental homes, in its underwritten public offering of 5.50% Series C Participating Preferred Shares. The offering, and a concurrent private placement, raised total gross proceeds of approximately US$190 million, before deducting underwriting discounts and estimated offering expenses. More >>
Tags: Hogan Lovells
Cahill represented the joint book-running managers in connection with the public offering of 12,000,000 shares of Common Stock of Burlington Stores, Inc. (NYSE: BURL), resulting in gross proceeds of $309,000,000. The selling stockholders received all of the proceeds of the sale.
Tags: Cahill Gordon & Reindel LLP
A global team comprised of partners, counsel and associates from Canada, UKMEA and the US closed a US$210 million senior secured credit facility for an affiliate of Apollo Commercial Real Estate Finance, Inc., relating to a portfolio consisting of high-end and luxury condos, homes and apartments. This five-year deal includes 229 properties and is secured by both real property and equity pledges from sponsors across 10 US states, as well as Canada, the UK, Turks and Caicos, the Bahamas, Costa Rica, Mexico, Grand Cayman and the British Virgin Islands. This global portfolio is available for short-term rental by individuals who purchase memberships starting at US$150,000 plus annual fees to stay in luxury locations around the world. More >>
Tags: Dentons | New York
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