Duane Morris & Selvam Announces Addition of Geoffrey Grice to Expand Corporate Practice

Duane Morris & Selvam LLP (DM&S) is pleased to announce that Geoffrey Grice has joined the firm in Singapore. The addition of Grice as a director grows the capacity of the corporate practice in Singapore, particularly in advising public and private sector clients on international energy and infrastructure projects and on cross border work throughout Asia, including Japan.

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Paul Hastings Represents Banks on Financing AIG’s $5.4 Billion Sale of ILFC to AerCap Holdings N.V.

Paul Hastings LLP, a leading global law firm, announced today that it is representing UBS and Citigroup in connection with $2.75 billion of bridge financing to support the $5.4 billion acquisition of International Lease Finance Corporation (ILFC) by AerCap Holdings N.V., a leading aircraft leasing company, from insurer American International Group.

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Prominent Atlanta Employment Attorneys Join Polsinelli

Polsinelli begins the New Year with the addition of an Atlanta, Georgia office ushering into the firm a group of highly experienced and well-known employment attorneys. Rafuse Hill & Hodges LLP law firm will join national law firm Polsinelli effective January 1, 2014. The group includes six employment attorneys including Nancy Rafuse, who is ranked by Chambers USA in Georgia as Tier 1 in Labor and Employment, and described by clients in Chambers USA as an “excellent defense attorney and tough negotiator.”

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Shearman & Sterling Advises on $1.25 Billion Financing for Petróleos Mexicanos

Shearman & Sterling advised Crédit Agricole Corporate & Investment Bank as administrative agent and Citigroup Global Markets Inc., Crédit Agricole Corporate & Investment Bank, HSBC Securities (USA), Inc., Mizuho Bank, Ltd., Natixis, New York Branch and Sumitomo Mitsui Banking Corporation as joint bookrunners and joint lead arrangers in connection with $1.25 billion revolving credit facility for Petróleos Mexicanos (PEMEX).

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Linklaters Advises Tank & Rast on Refinancing

Linklaters has advised Tank & Rast on the 1.45 billion euro senior secured credit facilities and associated hedging transactions in connection with the complete refinancing of its existing senior and junior credit facilities maturing in August 2014 which was completed at the beginning of this month. Tank & Rast is the leading German motorway services operator owned by private equity firm Terra Firma and Deutsche Bank’s infrastructure division RREEF. The refinancing was implemented through a combination of debt that also includes high yield bond issuance and a payment-in-kind term loan.

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American Realty Capital Properties Closes Concurrent Offerings of $287.5 Million in 3.00% Convertible Senior Notes and $402.5 Million in 3.75% Convertible Senior Notes

Global law firm Proskauer served as counsel to American Realty Capital Properties, Inc. (NASDAQ: ARCP) in its concurrent underwritten public offerings of (i) $300.0 million of ARCP’s 3.00% Convertible Senior Notes due 2018 (“2018 Notes”) pursuant to a reopening of its existing series of such notes and (ii) (ii) $350 million of its 3.75% Convertible Senior Notes due 2020 (“2020 Notes”). Both of the transactions closed on December 10, 2013. Additionally, the representatives for the underwriters delivered notice to ARCP on December 9, 2013 electing to fully exercise their over-allotment options to purchase (i) $37.5 million of additional 2018 Notes and (ii) $52.5 million of 2020 Notes. The exercise of both over-allotment options also closed on December 10, 2013. As a result of the offerings, ARCP received $670.7 million in net proceeds from the offering and intends to use the net proceeds of the offerings (a) to repay outstanding indebtedness under its existing senior secured credit facility (which will increase the availability of funds under such credit facility) and (b) for other general corporate purposes.

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