Vinson and Elkins advised TPG Capital in an agreement between a TPG affiliate and Encana Corporation subsidiary Encana Oil & Gas Inc. to purchase Encana’s operations in the Jonah field, located in Sublette County, Wyoming, for a purchase price of approximately US$1.8 billion. The deal was announced March 31.
Milbank Represents Initial Purchasers in $750M High-Yield Offering by Signode Industrial Group
In a noteworthy private equity financing transaction, Milbank, Tweed, Hadley & McCloy LLP represented the initial purchasers in a $750 million high-yield debt offering issued to help finance the buyout of Signode Industrial Group by leading private equity investor The Carlyle Group.
Tags: Milbank LLP | New York
Maples Advises Amedeo in connection with US$8.3bn Aircraft Order
Maples and Calder is advising Amedeo (formerly known as Doric Lease Corp.) in connection with its order for Airbus A380 wide body aircraft. The order, which is worth US$8.3 billion at list prices, is one of the most significant recent investments in Airbus A380 aircraft in the market. The ground-breaking deal was announced during a press conference at the Singapore Airshow.
Tags: Maples Group
King & Spalding Advises SunTrust in $650 Million Senior Notes Offering
King & Spalding advised SunTrust Banks, Inc., in the issuance of $650 million aggregate principal amount of its 2.50% senior notes due 2019, pursuant to an underwriting agreement with SunTrust Robinson Humphrey, Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC, as representatives of the several underwriters. The transaction closed on May 5.
Tags: King & Spalding LLP
Kirkland & Ellis Represents Thoma Bravo in Closing of $3.65B Fund
Kirkland & Ellis LLP represented Thoma Bravo, LLC, a leading private equity investment firm, which announced today that it completed fundraising for Thoma Bravo Fund XI. The fund was significantly oversubscribed and closed at $3.65 billion, reaching its hard cap of limited partner commitments and exceeding its initial target of $2.5 billion. Fundraising activity for Thoma Bravo’s newest fund culminated relatively quickly after launching in January. The firm was able to complete fundraising with a single close. More >>
Tags: Kirkland & Ellis LLPAlibaba and Yunfeng Capital Make Investment in Youku Tudou
Skadden is representing Youku Tudou Inc., China’s leading Internet television company, in a $1.22 billion investment by Alibaba Group Holding Limited and Yunfeng Capital, announced April 28. More >>
Cooley Advises Inktank on $190 Million Acquisition by Red Hat
Cooley LLP announced today that it represented Inktank Storage on its acquisition by Red Hat for $190 million in cash consideration and certain retention payments.
Tags: Cooley LLPChadbourne Represents SunPower in Creation of Residential Solar Finance Program with Google
Chadbourne & Parke represented SunPower Corp., the second-largest US solar manufacturer, in a transaction with Google, Inc. to create a US$250 million program to finance residential solar systems.
Cahill Represents Initial Purchasers in $850 Million Notes Offering by Clear Channel
Cahill represented the joint book-running managers in connection with the Rule 144A offering of $850,000,000 aggregate principal amount of 10.0% Senior Notes due 2018 by CCU Escrow Corporation, an escrow corporation for Clear Channel Communications, Inc. Upon release from escrow, proceeds will be used to refinance existing indebtedness. More >>
Tags: Cahill Gordon & Reindel LLP
Allen & Overy Advises Banks on Bond Issue with an Exchange Offer by Air Berlin PLC
Allen & Overy LLP advised ANOA Capital S.A., quirin bank AG and Close Brothers Seydler Bank AG in connection with the issue of four series of bonds by Air Berlin PLC in connection with its recapitalization. Please enter ByLine.
The fixed bonds have terms of five and seven years, denominations in Euro and Swiss Franc and a high-yield style covenant package. The bonds have an aggregate principal amount of EUR 250 million (or the equivalent in Swiss Franc).
Tags: Allen & Overy LLP 