Simpson Thacher Represents MultiPlan in Sale to Starr Investment Holdings and Partners Group

The Firm is representing MultiPlan, Inc. (“MultiPlan”), a portfolio company of BC Partners and Silver Lake, in connection with its sale to a group led by Starr Investment Holdings and Partners Group.  The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.

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Norton Rose Fulbright advises Baytex in its C$2.6 billion scheme acquisition of Aurora Oil & Gas Ltd

A cross border team from Norton Rose Fulbright advised Baytex Energy Corp. (TSX, NYSE: BTE) on its proposed acquisition of Aurora Oil & Gas Limited (TSX: AEF, ASX: AUT).

Baytex has this morning entered into a scheme implementation deed to acquire 100% of the shares of Aurora for A$4.10 cash per share via scheme of arrangement. Baytex announced at the same time a $1.3 billion bought deal equity capital raising and an increase in its credit facilities.

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Paul Hastings Represents Lenders in Closing the Financing of Southwire’s Acquisition of Coleman Cable, Inc

Paul Hastings LLP, a leading global law firm, announced today that it is represented Bank of America, N.A., Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, BMO Capital Markets and Macquarie Capital as joint lead arrangers and joint bookrunners of the debt facilities incurred by Southwire Company in connection with its acquisition of Coleman Cable, Inc. The debt facilities consist of a $750 million senior secured term loan facility and a $1.0 billion senior secured asset-based revolving facility. Southwire and Coleman are both leading manufacturers of wire and cable products for construction, industrial and consumer applications. More >>

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Simpson Thacher Represents Underwriters as U.S. Counsel in Acucela Inc.’s Initial Public Offering

Simpson Thacher recently represented the underwriters, led by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., as United States counsel in the initial public offering by Acucela Inc. of 9,200,000 shares of common stock. Acucela’s common stock is registered in the United States and Japan but listed solely on the Mothers market of the Tokyo Stock Exchange. The listing by Acucela on February 13, 2014 marked the first listing by a foreign issuer in Japan since 2007.

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Milbank Represents KKR Asset Management LLC Affiliates in $384M CLO Transaction

Milbank, Tweed, Hadley & McCloy LLP recently represented the issuer and affiliates of KKR Asset Management LLC (KAM) in the structuring and issuance of $384 million of collateralized loan obligation (CLO) notes in a transaction in which GreensLedge Capital Markets LLC acted as arranger and placement agent and KKR Capital Markets LLC acted as placement agent. The CLO notes are collateralized primarily by a diversified portfolio of senior secured corporate loan obligations selected by and to be managed for the CLO issuer by KKR Financial Advisors II, LLC, a wholly owned subsidiary of KAM. KAM was formed in June 2004 as a subsidiary of Kohlberg Kravis Roberts & Co. L.P., a leading global investment firm with a 37-year history of leadership, innovation and investment excellence.

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