Linklaters advised Darby Private Equity on US$385m acquisition in Ocensa, Colombia’s largest oil pipeline

Linklaters advised Darby Private Equity, the private equity arm of Franklin Templeton Investments, via its Colombian-based Fondo de Infraestructura de Transporte de Colombia (FINTRA), together with two co-investors, in the acquisition of a 5% stake in Oleoducto Central S.A. (OCENSA) and a 5% stake of the pipeline’s transportation rights from Pacific Rubiales Energy Corp. The transaction is valued at US$385m and closed on April 1, 2014. Ocensa is Colombia’s longest oil pipeline and runs 836 km from the Los Llanos Basin to the port of Coveñas located in Colombia’s northern coast.

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Shearman & Sterling Advises Underwriters in The Huntington National Bank’s $500 Million Notes Offering

Shearman & Sterling represented Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC and The Huntington Investment Company as the joint-book running managers in connection with the 3(a)(2) offering by The Huntington National Bank of $500 million aggregate principal amount of its 2.20% Senior Notes due 2019. The proceeds from the offering will be used for general corporate purposes.

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Simpson Thacher Represents Stonegate Pub Company on its £400 Million Senior Secured Notes Offering and Revolving Credit Facility

Simpson Thacher represented a finance subsidiary of Stonegate Pub Company in connection with a Rule 144A and Regulation S offering of £400 million in aggregate principal amount of its Senior Secured Notes due 2019. Additionally Simpson Thacher represented a subsidiary of Stonegate Pub Company in connection with its entry into a new £25 million Revolving Credit Facility. The transaction closed on April 11, 2014. Stonegate Pub Company used the net proceeds from this offering to refinance certain of its outstanding indebtedness, make a distribution to its shareholders and for general corporate purposes.

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Stroock Represents AMETEK In Acquisition Of Zygo Corporation

Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, announced today that it represented AMETEK, Inc. (NYSE: AME) in its agreement to acquire Zygo Corporation (NASDAQ: ZIGO) in a transaction valued at approximately $280 million.  The transaction is expected to be completed towards the end of the second quarter of calendar 2014, subject to customary closing conditions, including the approval of Zygo’s stockholders and applicable regulatory approvals.

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Milbank Represents Goldman Sachs to Acquire Flint Group in Partnership with Koch Industries

With help of the international law firm Milbank, Tweed, Hadley & McCloy LLP, Goldman Sachs Merchant Banking Division has partnered with Koch Equity Development LLC, a subsidiary of Koch Industries, Inc., to acquire shares representing 100% of Flint Group’s share capital from funds advised by private equity firm CVC Capital Partners. Koch Equity Development has agreed to invest with Goldman Sachs in a newly formed entity that will acquire Flint Group. Goldman Sachs Merchant Banking and the newly formed entity were comprehensively advised on this transaction by an international Milbank team led by corporate partner Peter Nussbaum.

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Paris Office Advising on Vivendi’s Proposed $23 Billion Sale of Telecom Unit

Willkie Farr & Gallagher’s Paris office advises proposed $23 billion sale of telecom unit.

As widely reported in the international press, French media giant Vivendi SA has selected cable group Numericable as potential acquirer for its mobile phone unit SFR in what could be one of the biggest financing deals in Europe this year. The proposal is supported by Luxemburg investment fund Altice, Numericable’s largest shareholder (40 percent). Altice is the investment vehicle of French billionaire/entrepreneur Patrick Drahi. Vivendi preferred its offer over a rival bid by Bouygues, the owner of Bouygues Telecom, the third-largest mobile service provider in France, after Orange and SFR.

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Allen & Overy advises banks on EUR 300 million convertible bond issued by LEG Immobilien AG

Allen & Overy LLP advised BofA Merrill Lynch, Deutsche Bank AG, London Branch, and Société Générale Corporate & Investment Banking in connection with the issue of a EUR 300 million convertible bond by LEG Immobilien AG.  The convertible bond with a term of 7.2 years provides for an investor put option after 5.2 years and a coupon of 0.5% p.a. payable semi-annually.

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Eversheds advises Urban Splash on £135m refinancing deal

Global law firm Eversheds has advised property developer Urban Splash on a £135m refinancing deal and a new joint venture agreement with The Pears Group.

Urban Splash, working in partnership with The Pears Group, has agreed to refinance £135m of its remaining debt from the RBS, CoOp, HSBC and Blackstone and formed a new joint venture with Pears.

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