The Firm represented the initial purchasers in connection with the Rule 144A and Reg S offering of $750 million aggregate principal amount of 4.875% Senior Notes due 2022 by SBA Communications Corporation. J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBS Securities Inc. and TD Securities (USA) LLC acted as joint book-running managers for the offering. The offering closed on July 1, 2014.
Tags: Simpson Thacher & Bartlett LLPNixon Peabody represents Autotask Corporation in acquisition by Vista Equity Partners
Autotask Corporation, the world’s leading provider of hosted IT business management software, has closed its acquisition by Vista Equity Partners, a leading private equity firm with approximately $11.5B in cumulative capital commitments in software, data and technology-enabled services companies. Nixon Peabody served as lead counsel to Autotask.
Tags: Nixon Peabody LLPVolvo Cars signs €660 million revolving credit facility
Volvo Car Group (Volvo Cars) has signed a €660 million revolving credit facility with a group of leading global and regional banks, underlining growing global confidence in the Swedish car company’s financial and operational transformation. The €660 million revolving credit facility extends an existing €360 million revolving credit facility signed early in 2013. It will serve as a back-up facility for general corporate purposes and has a tenor of three years with two extension options of one year each. The new credit facility broadens the group of banks working with Volvo Cars.
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Fredrikson & Byron Represents Eurofins Scientific in Agreement to Acquire ViraCor-IBT Laboratories, Inc.
Fredrikson & Byron acted as legal counsel for Eurofins Scientific (EUFI.PA), a global leader in bioanalytical testing and genomic services, in its acquisition of ViraCor-IBT Laboratories, Inc. (VIBT), a leading specialty diagnostics laboratory partner in immunology, infectious disease and allergy testing, for $255 million, subject to post-closing adjustments. Fredrikson also represented Eurofins in its 2014 acquisitions of Merck Millipore’s pharmaceutical discovery and development solutions business in the US and UK, and Underwriters Laboratories’ consumer and municipal water testing business.
Tags: Fredrikson & Byron P.A.King & Spalding Advises Kuveyt Turk on US$500 Million Senior Unsecured Notes
King & Spalding advised Kuveyt Turk Katilim Bankasi A.S. (Kuveyt Turk), one of the leading Turkish participation banks, on the issuance of US$500 million senior unsecured certificates due 2019. The certificates, which are listed on the Irish Stock Exchange, are issued through KT Kira Sertifikilari Varlik Kiralama A.S., the Turkish asset leasing company. The transaction was substantially oversubscribed.
Tags: King & Spalding LLP | DubaiAkin Gump Advises Diamondback Energy on $180M Share Offering
Akin Gump served as counsel to Diamondback Energy, Inc. in the pricing of an underwritten public offering of two million shares of its common stock by certain selling stockholders at a price to the public of $90.04 per share. The total deal size is $180 million.
Tags: Akin Gump Strauss Hauer & Feld LLP | DallasMourant Ozannes advises on £924 million takeover of Heritage Oil
Leading offshore law firm Mourant Ozannes has advised Heritage Oil Plc on its takeover by Energy Investments Global Ltd, a wholly-owned subsidiary of Al Mirqab Capital SPC.
The takeover, which was implemented by way of a Jersey court sanctioned scheme of arrangement, valued Heritage Oil at approximately £924 million. Anthony Buckingham, Heritage Oil’s CEO, retained a 20 per cent interest in Heritage Oil following completion of the takeover.
Tags: Mourant OzannesPaul Hastings Represents RBC and Credit Suisse in $850 Million High Yield Bond Offering by Sanchez Energy
Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets, LLC and Credit Suisse Securities (USA) LLC as joint bookrunning managers in connection with the offering of $850 million principal amount of 6.125% senior notes due 2023 by Sanchez Energy Corporation, an independent exploration and production company focused on the acquisition and development of unconventional oil resources in the onshore U.S. Gulf Coast.
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Hilton Completes $2.3 Billion Secondary Offering
The Firm represented Hilton Worldwide Holdings Inc. in connection with a $2.3 billion secondary offering, consisting of 103,500,000 shares of common stock (including 13,500,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares) at a public offering price of $22.50 per share.







