Shearman & Sterling Advises on American Tower Corporation’s $750 Million Senior Notes Offering

Shearman & Sterling represented Barclays Capital Inc., Goldman, Sachs & Co., RBC Capital Markets, LLC, RBS Securities Inc. and TD Securities (USA) LLC as representatives of the several underwriters in connection with an offering of $250 million aggregate principal amount of 3.40% Senior Notes due 2019 and $500 million aggregate principal amount of 5.00% Senior Notes due 2024 by American Tower Corporation. The offering was a reopening of American Tower Corporation’s $750 million 3.40% Senior Notes due 2019 and $250 million 5.00% Senior Notes due 2024 issued on August 19, 2013. American Tower Corporation intends to use the proceeds to repay existing indebtedness it incurred under credit facilities, which have been used to fund recent acquisitions.

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Simpson Thacher Represents CHC Helicopter S.A. in Refinancing

Simpson Thacher recently represented CHC Helicopter S.A. (“CHC Helicopter”), a portfolio company of First Reserve Corporation, in connection with its refinancing of a $375 million super-senior secured revolving credit facility.  The revolving credit facility is guaranteed by certain of CHC Helicopter’s parents and subsidiaries located in Europe, Australia and North America. More >>

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Gilbert + Tobin Advises Aurora Oil & Gas on A$2.6 Billion Proposed Acquisition by Baytex

Aurora has entered into a Scheme Implementation Deed with Baytex which sets out the terms on which the scheme will be proposed to Aurora shareholders.  The Aurora directors have unanimously recommended shareholders to vote in favour of the scheme and have stated their intention to vote shares they control in favour of the scheme, in the absence of a superior proposal and subject to an independent expert concluding that the scheme is in the best interests of shareholders.  The scheme is subject to customary conditions and is expected to be implemented in May this year.

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Olswang Acts in €472m Sale of Logistics Portfolio

International law firm Olswang has advised CCP III and EPISO on the sale of a €472 million portfolio of prime European logistics assets and development land in Germany, Poland and France to a Segro Joint Venture. The recent CCP III Fund is advised by Tristan Capital Partners and 2008 vintage fund EPISO is advised by Tristan and AEW Europe.

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