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Appleby acted as British Virgin Islands counsel to mandated lead arrangers (MLAs) and bookrunners in providing a HK$1.8 billion secured syndicated term loan and revolving credit facility to Fortune Real Estate Investment Trust (Fortune REIT) involving a BVI borrower and several BVI security providers.  The MLAs and bookrunners included Australia and New Zealand Banking Group Limited, Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai Banking Corporation Limited and Sumitomo Mitsui Banking Corporation.

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Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce it advised Nordea Bank Norge ASA (“Nordea”) in relation to a US$500 million syndicated loan facility made available to Euronav NV. Euronav plans to use the senior secured credit facility to finance part of the cost of acquiring 15 very large crude carrier (VLCC) vessels from Maersk.

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Jackson Walker L.L.P. successfully represented Slaughter and Stanley Construction, Inc. in its sale to LineStar Services, Inc., a portfolio company of Blue Point Capital Partners. The transaction closed on March 31, 2014. More >>

International law firm Milbank, Tweed, Hadley & McCloy LLP represented Barclays Bank PLC as administrative agent and Barclays and J.P. Morgan Securities LLC as lead arrangers in connection with an approximately $657 million senior secured credit facility for Orient-Express Hotels Ltd. (NYSE: OEH) and its subsidiaries (the “Belmond Group”). The transaction closed and funded on March 21, 2014.

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Paul, Weiss client Telus Corporation, Canada’s fastest-growing national telecommunications company, completed a public offering in the United States and Canada of Cdn$1 billion of debt securities in two tranches: Cdn$500 million of 3.20% notes due 2021 and Cdn$500 million of 4.85% notes due 2044. The joint bookrunning managers were TD Securities Inc., RBC Dominion Securities Inc. and Scotia Capital Inc.

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Skadden is representing Mars, Incorporated in its acquisition from The Procter & Gamble Company of the Iams, Eukanuba and Natura brands in major markets for $2.9 billion in cash, announced April 9. More >>

International law firm Milbank, Tweed, Hadley & McCloy represented the underwriters, led by Credit Suisse, Goldman Sachs and J.P. Morgan, on the $350 million initial public offering by Nord Anglia Education, Inc. (“Nord Anglia”) on the New York Stock Exchange (NYSE: NORD).

Milbank concurrently represented Joint Lead Arrangers Goldman Sachs, J.P. Morgan, Credit Suisse and HSBC on a senior secured $515 million Term Loan B facility and $75 million Revolving Credit Facility that closed alongside the IPO, refinancing substantially all of Nord Anglia’s outstanding indebtedness. The Term Loan B is believed to be the largest such syndication to date for a company headquartered in Asia.

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Cahill represented BofA Merrill Lynch, Credit Suisse, Morgan Stanley, Barclays, Deutsche Bank Securities, J.P. Morgan, and RBC Capital Markets as joint book-running managers in connection with the Rule 144A offering of $750,000,000 aggregate principal amount of 7.125%/7.875% Senior Contingent Cash Pay Notes due 2021 by Infor Software Parent, LLC, an indirect holding company for Infor, Inc., one of the largest providers of enterprise software products and services in the world. Proceeds from the offering were used to  repay outstanding indebtedness and to pay a dividend. More >>

Kirkland & Ellis served as fund counsel to Energy Capital Partners in the formation of Energy Capital Partners III, LP, which announced its final closing at $5.043 billion in commitments, surpassing the Fund’s $3.5 billion target.  Energy Capital’s total cumulative commitments are now in excess of $13 billion having raised Fund I at $2.25 billion in 2006, Fund II at $4.335 billion in 2010 and a mezzanine credit lending vehicle of $805 million in 2013, as well as co-investment capital participating in seven individual Energy Capital investments. More >>