A team of Morgan Lewis lawyers advised Kyo-ya Hotels & Resorts, LP as the Hawaii based resorts owner’s real estate finance counsel in a $1.875 billion debt financing—believed to be among the largest loan facilities ever extended in Hawaii.

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Paul Hastings LLP, a leading global law firm, represented Unifin Financiera, S.A.P.I. de C.V., SOFOM, E.N.R., a leading Mexican specialty finance company focusing on the operating leasing industry.  The US$400 million international bond offering was Unifin’s first ever financing in the international capital markets.  Unifin specializes in operating leasing, factoring and auto and other lending in Mexico.  The high-yield offering involved the issuance of US$400 million of 6.250% Senior Notes due 2019. The notes were issued pursuant to Rule 144A and Regulation S in an offering heard to be twelve times overscribed.  The underwriters involved were Credit Suisse, Citigroup and Scotiabank.
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Global law firm Proskauer has been recognized by The American Lawyer’s 2014 Global Legal Awards in the category of Global M&A Deal of the Year: Canada for its representation of Ares Management and the Canada Pension Plan Investment Board (CPPIB) in the $6 billion acquisition of Neiman Marcus.

The Proskauer team, led by Michael Woronoff, Co-Head of Proskauer’s Global M&A and Private Equity Groups, represented an investor group, including funds managed by Ares Management and the CPPIB, in the $6 billion acquisition of Neiman Marcus Group LTD Inc. from an investor group led by TPG and Warburg Pincus.

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The Firm recently represented TDR Capital LLP in connection with the financing of its acquisition of IMO Car Wash, including (i) a Rule 144A and Regulation S offering of €240 million aggregate principal amount of 6.625% Senior Secured Notes due 2019, issued by a finance affiliate of IMO Car Wash, (ii) a £190 million Bridge Facility Agreement and (iii) a £20 million Revolving Credit Facility Agreement.  IMO Car Wash is the world’s largest independent conveyor car wash company by number of sites, with market-leading positions in Germany and the United Kingdom. The acquisition of IMO Car Wash closed on July 16, 2014.
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A Clifford Chance team led out of the US is advising GTECH S.p.A. in connection with up to US $10.7 billion in committed financing from Credit Suisse, Barclays and Citigroup. The financing will be used to support GTECH’s announced US $4.7 billion acquisition of Las Vegas, Nev., based International Game Technology, Inc., and to potentially refinance existing debt.

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On December 19, 2013, The Jones Group Inc. and Sycamore Partners announced that they have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total of approximately US$1.2 billion. The transaction is valued at approximately US$2.2 billion, including net debt. Cravath represented The Jones Group in connection with this transaction. Upon completion of the transaction, which is expected to close in the second quarter of 2014, The Jones Group will become a privately held company.

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Davis Polk advised J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on an SEC-registered debt offering by Moody’s Corporation of $450 million aggregate principal amount of 2.75% senior notes due 2019 and $300 million aggregate principal amount of 5.25% senior notes due 2044.

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Allen & Overy has advised BNP Paribas, Citigroup, Deutsche Bank, The Royal Bank of Scotland and Standard Chartered Bank, as joint lead managers and bookrunners, on the issuance of USD1.5 billion and EUR525 million bonds by ONGC Videsh Limited (OVL), which were guaranteed by OVL’s parent Oil and Natural Gas Corporation Limited (ONGC). The bonds were issued under Regulation S of the U.S. Securities Act of 1933, as amended.

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Global law firm Morgan Lewis today announced that it has advised London-based Blue Water Energy (BWE), a leading energy focused private equity firm, in connection with their strategic investment in Dubai-based Unique Maritime Group (UMG).

BWE was founded in 2011 and closed its Fund I in 2013 with US$861 million in commitments. Fund I’s investment strategy is focused exclusively on the energy industry with core subsector focus areas including oilfield services, manufacturing, storage and logistics, and reserve development. UMG is one of the world’s leading integrated turnkey subsea and offshore solution providers, with local presence in the Middle East, U.S., UK, South Africa, Nigeria, India and Singapore, and employs over 500 people worldwide.

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Shearman & Sterling represented Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited, HSBC Bank plc, ING Bank N.V., London Branch and The Royal Bank of Scotland plc on the offering by Care UK Health & Social Care plc (the “Issuer”) of £325 million aggregate principal amount of its Senior Secured First Lien Floating Rate Notes due 2019 and £75 million aggregate principal amount of its Second Lien Floating Rate Notes due 2020.

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