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 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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Williams Mullen is pleased to announce that Alan Clark, a 20 year veteran of the mortgage lending and banking industry, has joined the firm as a Partner in the Financial Services and Real Estate group. He will be working out of the Richmond office.

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Richards Kibbe & Orbe LLP  is pleased to announce that David B. Massey, former Assistant U.S. Attorney for the Southern District of New York, has joined the firm’s New York office as a partner.

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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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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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Cahill represented Bank of America, N.A. as administrative agent; Merrill Lynch, Pierce, Fenner & Smith Incorporated as lead arranger; and the other arrangers in connection with the $375,000,000 senior secured term loan and $60,000,000 senior secured asset-based revolving credit facility for Dayco Products, LLC and Dayco Canada Corp., a leader in the research, design, manufacturing and distribution of a broad range of belts, tensioners and pulleys for the automotive, trucking, construction, agricultural and industrial markets.

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