Kirkland & Ellis represented Vision Knight Capital, a leading independent Chinese private equity firm, which recently closed its second private equity fund Vision Knight Capital China Fund II. The fund closed at its hard cap with aggregate capital commitments of US$550 million. The fund, which will make investments in China’s retail and consumer internet and e-commerce sectors, accepted commitments from a broad mix of global institutional investors, including sovereign wealth funds, pension plans, endowments and foundations, diversified financial institutions and family offices. More >>
Tags: Kirkland & Ellis LLPSimpson Thacher Represents SeaWorld Entertainment and Selling Stockholders in Secondary Offering and Share Repurchase
The Firm represented SeaWorld Entertainment, Inc. (“SeaWorld Entertainment”), a portfolio company of The Blackstone Group L.P. (“Blackstone”), and certain selling stockholders affiliated with Blackstone (the “Selling Stockholders”), in connection with a public offering of common stock by the Selling Stockholders. Concurrently with the closing of the offering, SeaWorld Entertainment repurchased 1,750,000 shares of its common stock directly from the Selling Stockholders in a private, non-underwritten transaction at a price per share equal to the price per share paid to the Selling Stockholders by the underwriters in the offering. SeaWorld Entertainment is a leading theme park and entertainment company with a diversified portfolio of 11 destination and regional theme parks in the United States, many of which showcase its one-of-a-kind collection of approximately 86,000 marine and terrestrial animals.
Tags: Simpson Thacher & Bartlett LLPFirm Advises Interpublic on $500 Million Notes Offering
Appleby Advised on Fortune REIT’s HK$1.8 Billion Loan Facility
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.
Tags: ApplebyWFW Advises Nordea Bank Norge ASA on US$500m loan to Euronav
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.
Tags: Watson Farley & Williams LLPJackson Walker Represents Slaughter and Stanley Construction in Sale to LineStar Services
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 >>
Tags: Jackson Walker, LLPMilbank Represents Lead Arrangers and Administrative Agent in $657M Cross-Border Financing for the Belmond (Orient-Express Hotels) Group
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.
Tags: Milbank LLPTelus Corporation Closes Cdn$1 Billion of Debt Offerings
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.
Tags: Foley & Lardner LLPMars, Incorporated to Buy Significant Portion of Procter & Gamble’s Pet Food Business
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 >>
Tags: Skadden, Arps, Slate, Meagher & Flom LLPMilbank Represents Underwriters and Lead Arrangers on Concurrent IPO and Refinancing for Nord Anglia Education, Inc.
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.
Tags: Milbank LLP







