International law firm Freshfields Bruckhaus Deringer has advised Hispania Activos Inmobiliarios, S.A. on its €500m initial public offering on the Madrid, Barcelona, Bilbao and Valencia stock exchanges.
Tags: Freshfields LLP
Shearman & Sterling Advises Lead Arrangers in Refinancing and Dividend Recapitalization for Payless ShoeSource
Shearman & Sterling advised Morgan Stanley Senior Funding, Inc., Jefferies Finance LLC and MerchCap Capital Markets LLC as lead arrangers in connection with a $665 million financing, including a $520 million first lien term loan facility and a $145 million second lien term facility, related to the refinancing and dividend recapitalization of Payless ShoeSource, owned by Golden Gate Capital and Blum Capital Partners.
Tags: Shearman & Sterling LLP
Simpson Thacher Represents Hellman & Friedman in its $1.1 Billion Acquisition of Renaissance Learning
The Firm is representing Hellman & Friedman LLC in connection with its announced $1.1 billion acquisition of Renaissance Learning from affiliates of Permira, an European private equity fund. The transaction is expected to close in the second quarter of 2014, subject to the waiting period under the HSR Act and customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP
Perkins Coie Represents Outerwall in $370 Million Issuer Tender Offer for Company Stock
Perkins Coie represented client Outerwall Inc. (Nasdaq: OUTR), the company behind Redbox ®, Coinstar ® and ecoATM ® kiosks, in its purchase of $370 million of the company’s common stock through a modified “Dutch auction” tender offer.
Tags: Perkins Coie LLP
Pryor Cashman Represents Pinnacle Group in $208 Million Buyout
Pryor Cashman Partners Ronald B. Kremnitzer and Samson R. Bechhofer represented Pinnacle Group, a real estate investment firm, in its $208 million buyout of the interests of its equity partner, Hudson Realty Capital, in 26 apartment buildings in Brooklyn.
Tags: Pryor Cashman LLPShearman & Sterling Advises JetBlue Airways on Sale of LiveTV to Thales Avionics for $400 Million
Shearman & Sterling is advising JetBlue Airways on the sale of its wholly owned subsidiary LiveTV to Thales Avionics for $400 million. The sale, which is subject to regulatory and other approvals, is expected to be completed in mid-2014.
Tags: Shearman & Sterling LLPNew York and Paris Offices Assist Thales Group in $400 Million Acquisition of LiveTV from JetBlue
On March 13, it was announced that JetBlue Airways has agreed to sell its wholly owned subsidiary LiveTV to Willkie client Thales Group for $400 million. LiveTV is the leading provider of live in-flight entertainment and connectivity systems for commercial airlines. The company revolutionized the inflight entertainment space, and with this transaction is now pursuing an aggressive growth strategy. Last year, the company and its partner ViaSat introduced Ka-band satellite-driven onboard connectivity, a game changing technological advancement.
Tags: New York
Addleshaw Goddard advises Zeus Capital on £560m IPO of Boohoo
The Manchester office of Addleshaw Goddard advised Zeus Capital in its role as nominated adviser and broker to the IPO of boohoo.com plc on AIM, which became effective today.
Tags: Addleshaw Goddard LLPCowen Group, Inc. $149.5 Million Cash Convertible Senior Notes Offering and Cash Convertible Note Hedge and Warrant Transactions
Davis Polk advised Nomura Securities International, Inc. as representative of the initial purchasers in connection with a Rule 144A offering by Cowen Group, Inc. of an aggregate principal amount of $149.5 million of 3% cash convertible senior notes due 2019. In addition, Davis Polk advised Nomura Global Financial Products Inc. as counterparty to cash convertible note hedge and warrant transactions with Cowen Group, Inc. in connection with the cash convertible senior notes offering.
Edwards Wildman Acts as Bond Counsel for $40+ Million Cicero Economic Development Deal
Edwards Wildman acted as bond counsel to the Town of Cicero, Cook County, IL, to successfully close its $40,690,000 Series 2014A Illinois General Obligation Corporate Purpose Refunding Bonds. The funds will go toward refunding of existing debt, resulting in substantial savings for the town. More >>
