Cahill represented the joint book-running managers in connection with the Rule 144A offering of $850,000,000 aggregate principal amount of 10.0% Senior Notes due 2018 by CCU Escrow Corporation, an escrow corporation for Clear Channel Communications, Inc. Upon release from escrow, proceeds will be used to refinance existing indebtedness. More >>
Tags: Cahill Gordon & Reindel LLPAllen & Overy Advises Banks on Bond Issue with an Exchange Offer by Air Berlin PLC
Allen & Overy LLP advised ANOA Capital S.A., quirin bank AG and Close Brothers Seydler Bank AG in connection with the issue of four series of bonds by Air Berlin PLC in connection with its recapitalization. Please enter ByLine.
Shearman & Sterling Advises on Lenovo Group Limited’s $1.5 billion Bond Offering
Shearman & Sterling represented the underwriters in connection with the Regulation S offering of US$1.5 billion in aggregate principal amount of 4.7% Senior Notes due 2019 by Lenovo Group Limited (“Lenovo”). Citigroup Global Markets Ltd. acted as the global coordinator of the underwriting banks, including Australia and New Zealand Banking Group Limited, Bank of China Limited, Bank of China (Hong Kong) Limited, BOCI Asia Limited, Barclays Bank PLC, BNP Paribas, Hong Kong Branch, China Merchants Securities (HK) Co., Limited, Credit Suisse Securities (Europe) Limited, DBS Bank Ltd., Merrill Lynch International, Mitsubishi UFJ Securities International PLC, Mizuho Securities Asia Limited, The Royal Bank of Scotland PLC and Standard Chartered Bank.
Tags: Shearman & Sterling LLPWeil advises RPC Group Plc in its acquisition of ACE Corporation Holdings Limited
International law firm Weil, Gotshal & Manges is advising FTSE 250 company RPC Group Plc, one of the world’s leading suppliers of rigid plastic packaging, in its planned acquisition of Hong Kong headquartered ACE Corporation Holdings Limited, for an initial consideration of US$301 million (£178 million) and a total consideration of up to US$430 million (£255 million) on a cash-free, debt-free basis. More >>
Tags: Weil, Gotshal & Manges, LLPOlswang advises Viacom on Channel 5 acquisition
International TMT law firm Olswang has advised Viacom International Media Networks on its acquisition of Channel 5 Broadcasting Limited for £450 million (approximately $757 million). Olswang advised the US media giant on the commercial and regulatory media aspects of the transaction.
Tags: CMSPaul Hastings Represents Mapletree Investments in Multi-Billion Dollar Serviced Apartment Deal
Perkins Coie Represents Strategic Hotels & Resorts in $300 Million Revolving Credit Facility
Perkins Coie represented client Strategic Hotels & Resorts, Inc. (NYSE:BEE), a real estate investment trust (REIT) which owns and provides value enhancing asset management of high-end hotels and resorts in the United States and Europe, in a $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400 million.
Tags: Perkins Coie LLPPaul Hastings Represents Wells Fargo in $600 Million Financing for Lario Oil & Gas Company
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC, as joint lead arranger and joint bookrunner, with J.P. Morgan Securities LLC, as joint lead arranger and joint bookrunner, and Wells Fargo Bank, N.A., as the administrative agent, in connection with a $600 million senior secured revolving credit facility for Lario Oil & Gas Company. More >>
Tags: Paul Hastings, LLPShearman & Sterling Advises Viacom on £450 Million Acquisition of Channel 5
Shearman & Sterling is advising Viacom on the £450 million ($757 million) pending acquisition by Viacom International Media Networks of Channel 5 Broadcasting Limited from Northern & Shell Television Group Limited. The transaction is subject to customary regulatory approvals.
Tags: Shearman & Sterling LLPWeil Advises Barclays and Goldman Sachs on $7.2 Billion Bridge Financing for Exelon Corp
A Weil team led by New York partners Morgan Bale and Jennifer Bensch advised Barclays and Goldman Sachs in connection with providing $7.2 billion of committed bridge financing backing Exelon Corporation’s $6.8 billion acquisition of Pepco Holdings Inc., a Washington D.C.- based utility. More >>
Tags: Weil, Gotshal & Manges, LLP