Paul Hastings LLP, a leading global law firm, announced today that it represented Hatfield Philips International Limited on the sale of the so-called Margaux portfolio out of the Titan Europe CMBS-securitization for a purchase price of €268 million. Hatfield Philips International Limited acts as special servicer on the Titan Europe CMBS loan. IN-WEST Partners GmbH managed the purchase and also co-invested alongside the purchasing institutional investors. The portfolio comprises of ca. 8,500 residential units mainly located in Berlin, Dusseldorf, Neuss, Leipzig, Halle und Gotha.

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Cravath represented the European Investment Bank in connection with its US$4.5 billion registered debt offering. The European Investment Bank is a long‑term financing institution of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on January 14, 2014.

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International law firm Freshfields Bruckhaus Deringer has advised a consortium of underwriters on a placement of H shares by China Oilfield Services Limited (COSL). More >>

At the end of 2013, Chief Oil & Gas and its working interest partners, Enerplus Resources (USA) and Tug Hill Marcellus, acquired MKR Holdings LLC from a subsidiary of Chesapeake Energy Corporation for about $500 million.

The acquired assets include current monthly production of approximately 130,000 MCFD and approximately 40 operated wells waiting on completion or pipeline connections as well as undeveloped acreage. The acquisition includes leasehold interests in Bradford, Lycoming, Sullivan, Susquehanna and Wyoming Counties in Pennsylvania.

Chief had existing working interests in many of these wells and will be increasing its ownership percentage in these and future wells as a result of the acquisition. Chief currently operates more than 100 wells in the Marcellus Shale and owns approximately 210,000 gross leasehold acres.

Haynes and Boone, LLP represented Chief in the transaction with a deal team led by Dallas corporate Partners Tom Harris and John McGowan. Assisting in the transaction were Dallas corporate Associates Kindal Kreamer and Brandon McCoy along with Dallas energy lawyer Michael Cooper. Tax advice was provided by New York Partner Sam Lichtman.

In-house counsel was Steve Haworth, Chief Oil & Gas senior vice president and general counsel.

www.haynesboone.com

Leading global law firm Mayer Brown has advised on the restructuring and sale of ATP Oil & Gas (UK) Limited to Alpha Petroleum (UK) Holdings Limited, an investment vehicle of Petroleum Equity, a newly-established private equity firm focused on the upstream oil and gas market outside North America. More >>

Paul Hastings LLP, a leading global law firm, announced today that the firm represented BofA Merrill Lynch, Citigroup, J.P. Morgan and Wells Fargo Securities as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) public offering of class A common stock. More >>

The Firm recently represented Blackstone Mortgage Trust, Inc. in connection with its public offering of 9,775,000 shares of class A common stock, inclusive of the shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, in each case at a price to the underwriters of $26.25 per share, or approximately $256.6 million in the aggregate.

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Baker & McKenzie has advised True Corporation Public Company Limited (True), and its subsidiaries, known collectively as True Group, on the establishment of the True Telecommunications Growth Infrastructure Fund (TRUEGIF). Baker & McKenzie also advised SCB Asset Management Company Limited to facilitate the offering of these units. With 5,808m investment units, the offering is comprised of both domestic and international offerings under Rule 144A and Regulation S.

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Shearman & Sterling is advising Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB) on its joint venture with Abu Dhabi National Chemicals Company (ChemaWEyaat) to build an Aromatics plant in Abu Dhabi. The joint venture agreement was signed on 26 December 2013, and provides for Indorama Ventures to acquire a 49% interest in a joint venture company being formed to develop, own and operate the Aromatics plant, known as “Tacaamol”.
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Global law firm White & Case LLP has advised Intesa Sanpaolo S.p.A. on a US$2.5 billion issuance of Yankee bonds under its US$15 billion Medium Term Note Programme.

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