Paul Hastings LLP, a leading global law firm, announced today that the firm advised the banks in connection with the financing of private equity firm KKR’s $3.9 billion acquisition of Gardner Denver, Inc., a worldwide manufacturer of highly engineered products.
Tags: Paul Hastings, LLP | New YorkPaul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC, as sole lead arranger and sole bookrunner, and Wells Fargo Bank, National Association, as the administrative agent, in connection with a $150,000,000 senior secured revolving credit facility for Newark E&P Holdings, LLC.
Tags: Paul Hastings, LLP | Houston
Miami, Aventura and Fort Lauderdale, FL, August 1, 2013 – Buchanan Ingersoll & Rooney PC announced today that it plans to open an office in Fort Lauderdale as part of its strategy to expand in South Florida. Moving immediately toward that goal, the firm this week added shareholders Philip M. Hanaka and John P. Dyro Sr. to its Financial Services Section in Aventura.
Tags: Buchanan Ingersoll & Rooney PC
David S. Almeida has joined Sheppard, Mullin, Richter & Hampton LLP in the firm’s Chicago office as a partner in the firm’s Business Trial practice group and Privacy and Data Security practice. Almeida joins from Sedgwick, where he was co-chair of that firm’s Privacy and Data Protection Group. Associate David M. Poell joins Almeida at Sheppard Mullin in Chicago from Sedgwick.
Tags: Sheppard, Mullin, Richter & Hampton LLP
A cross-border team of Dechert lawyers is advising Russia’s Mechel OAO (NYSE:MTL; “Mechel”) on its planned disposal of several ferroalloy assets to Turkey’s Yildirim Group. According to the agreement, which was announced today, Yildirim Group will acquire Mechel’s Voskhod Mining Plant (in Khromtau, Kazakhstan) and Tikhvin Ferroalloy Plant (in Tikhvin, Leningrad Region, Russia) for a total of U.S.$425 million. Yildrim Group was the winning bidder in a tender process to acquire the assets. The deal is subject to receipt by the parties of certain governmental approvals in Russia and Kazakhstan, including the waiver of the Kazakhstan state pre-emptive right, on which Dechert is also currently advising.
Tags: Dechert LLP | Moscow
Global law firm Proskauer served as counsel to American Realty Capital Properties, Inc. (“ARCP”) in its underwritten public offering of $300.0 million of ARCP’s 3.00% Convertible Senior Notes due 2018 (“Notes”). The Notes are unsecured and include “Instrument X,” which means ARCP can choose to deliver, at its election, cash, shares of its common stock or a combination of cash and shares of its common stock to holders when they convert their Notes. The transaction closed on July 29, 2013. As a result of the offering, ARCP received $290.25 million in net proceeds from the offering and intends to use the net proceeds of the offering (a) to repay outstanding indebtedness under its existing senior secured credit facility (which will increase the availability of funds under such credit facility) and (b) for other general corporate purposes which includes investing in properties in accordance with its investment objectives. Additionally, the representatives for the underwriters delivered notice to ARCP on July 29, 2013 electing to partially exercise their over-allotment option to purchase $10.0 million of additional Notes, which is expected to close on or about August 1, 2013.
Tags: Proskauer Rose LLP | New York
Cravath represented the underwriters, led by J.P. Morgan Securities and BofA Merrill Lynch, in connection with the US$611 million registered offering of 34,400,000 shares of class A common stock of The WhiteWave Foods Company, a leading consumer packaged food and beverage company. Immediately prior to this offering, Dean Foods Company completed a debt‑for‑equity exchange in which Dean Foods exchanged all the shares to be sold in the offering for indebtedness of Dean Foods held by J.P. Morgan Securities and BofA Merrill Lynch. J.P. Morgan Securities and BofA Merrill Lynch then sold all the shares to the underwriters for the offering.
Tags: Cravath, Swaine & Moore LLP | New York
Leading independent Australian law firm HWL Ebsworth Lawyers has announced the appointment of Greg Lewis as a partner within its Sydney Litigation team.
Tags: HWL EbsworthVerrill Dana, LLP, a full-service law firm with headquarters in Portland, Maine, today announced that it has merged with the law firm of Friedman Gaythwaite Wolf, LLP (FGW), creating a superior team of award-winning trial lawyers. Verrill Dana now totals 118 lawyers in the firm’s five offices located throughout the Northeast.
The Firm recently represented Dentsu Inc. in connection with its offering of 35 million shares of common stock, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥121,886 million.
Tags: Simpson Thacher & Bartlett LLP | Tokyo