Herbert Smith Freehills Advises on SG Fleet IPO

Herbert Smith Freehills is advising SG Fleet Group Limited (SG Fleet) in relation to its initial public offering and listing on the Australian Securities Exchange (ASX). The offer consists of an institutional offer, broker firm offer and priority offer (Offer) and values SG Fleet at A$454.2 million at the offer price of A$1.85 per share. More >>

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King & Wood Mallesons Advises NewSat on US$390m Financing of its Jabiru-1 Satellite

King & Wood Mallesons has advised NewSat Limited on the US$390M financing of its Jabiru-1 satellite project, which achieved financial close on 13 February 2014.  The export credit financing included US$300.5M from US-EXIM Bank and US$89.6M from COFACE (the French export credit agency).

The transaction is a milestone for Australia’s satellite industry, and highlights the continuing importance of Australia as a market for export credit finance.

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Simpson Thacher Represents MultiPlan in Sale to Starr Investment Holdings and Partners Group

The Firm is representing MultiPlan, Inc. (“MultiPlan”), a portfolio company of BC Partners and Silver Lake, in connection with its sale to a group led by Starr Investment Holdings and Partners Group.  The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.

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Norton Rose Fulbright advises Baytex in its C$2.6 billion scheme acquisition of Aurora Oil & Gas Ltd

A cross border team from Norton Rose Fulbright advised Baytex Energy Corp. (TSX, NYSE: BTE) on its proposed acquisition of Aurora Oil & Gas Limited (TSX: AEF, ASX: AUT).

Baytex has this morning entered into a scheme implementation deed to acquire 100% of the shares of Aurora for A$4.10 cash per share via scheme of arrangement. Baytex announced at the same time a $1.3 billion bought deal equity capital raising and an increase in its credit facilities.

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Paul Hastings Represents Lenders in Closing the Financing of Southwire’s Acquisition of Coleman Cable, Inc

Paul Hastings LLP, a leading global law firm, announced today that it is represented Bank of America, N.A., Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, BMO Capital Markets and Macquarie Capital as joint lead arrangers and joint bookrunners of the debt facilities incurred by Southwire Company in connection with its acquisition of Coleman Cable, Inc. The debt facilities consist of a $750 million senior secured term loan facility and a $1.0 billion senior secured asset-based revolving facility. Southwire and Coleman are both leading manufacturers of wire and cable products for construction, industrial and consumer applications. More >>

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