Simpson Thacher Represents Grupo Antolín on its €800 Million Financing

Simpson Thacher represented Grupo Antolín in connection with a high yield offering of €400 million aggregate principal amount of its 4.75% Senior Secured Notes due 2021, a new €200 million term loan facility and a €200 million revolving credit facility. The proceeds of the notes offering together with borrowings under the new term loan facility were used by Grupo Antolín to refinance outstanding indebtedness.

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Perkins Coie Assists Tanker Investments Ltd. In $175 Million Norwegian IPO

Perkins Coie provided U.S. securities advice to  Tanker Investments Ltd. (TIL) for its $175 million Norwegian initial public offering, which included equity private placements and a concurrent listing of TIL’s common shares on the Oslo Stock Exchange.  TIL was formed by Teekay Corporation and Teekay Tankers Ltd. to buy, operate and sell modern second-hand mid-size oil tankers and completed a $250 million private placement in January, for which Perkins Coie also served as U.S. securities counsel.

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Cahill Represents Underwriters in $400 Million Public Offering by R.R. Donnelley & Sons

Cahill represented BofA Merrill Lynch, Citigroup, J.P. Morgan, Mitsubishi UFJ Securities, US Bancorp, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the public offering of $400,000,000 aggregate principal amount of 6% Notes due 2024 by R.R. Donnelley & Sons Company, a global provider of integrated communications. Proceeds from the offering were used to refinance existing indebtedness. More >>

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Freshfields Advises Global Co-ordinator on Landmark €577m PBCE Project Bond Financing for major Belgian road building project

International law firm Freshfields Bruckhaus Deringer advised the Global Co-ordinator in relation to the financing of the A11 PPP Road Project in Belgium. It is the first “greenfield” infrastructure project to be financed with the benefit of the European Investment Bank’s Project Bond Credit Enhancement Facility (“PBCE”). The PBCE is a key element in the efforts to revive debt capital markets funding for European infrastructure projects.

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Judge Approves $218M Madoff Settlement

The U.S. District Court for the Southern District of New York today announced an approved $218 million settlement on behalf of Bernard L. Madoff investors in a suit filed against JPMorgan Chase Bank, N.A. and its parents, subsidiaries and affiliates. Hagens Berman represented the Investors.

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Allen & Overy advises lenders on the Roy Hill iron ore project, the largest ever project financing in the mining sector

Allen & Overy acted as Australian and international counsel to the export credit agencies and commercial lenders on the financing of the integrated Roy Hill iron ore project, the world’s largest ever project financing in the mining sector.

The project sponsors, namely Hancock Prospecting, Marubeni, POSCO and CSC recently announced the finalisation of the USD7.2 billion project financing arrangements, which completes the funding package required to construct the USD10 billion project.

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Simpson Thacher Represents JPMorgan Chase & Co. in $3.5 Billion Sale of its Physical Commodities Business

Simpson Thacher is representing JPMorgan Chase & Co. (NYSE: JPM) in connection with the announced sale of its physical commodities business to Mercuria Energy Group Limited, a global energy and commodities trading company, for $3.5 billion. The all-cash transaction is expected to close in the third quarter of 2014, subject to regulatory approvals.

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