Paul Hastings Represents Wells Fargo in $500 Million Credit Facility for Elevation Resources LLC

Paul 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 $500,000,000 senior secured revolving credit facility for Elevation Resources LLC.

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Tags:  Paul Hastings, LLP | Houston

Paul Hastings Advises Initial Purchasers in OHL Mexico’s $458.5 Million Global Equity Offering

Paul Hastings, a leading global law firm, announced today that the firm represented UBS, BBVA, Goldman Sachs, JP Morgan and Soc Gen as initial purchasers in a US$ 458.5 million global offering of shares of OHL Mexico which consisted of a public tranche in Mexico and a Rule 144A/Reg S tranche outside of Mexico.  OHL Mexico is a subsidiary of Obrascon Huarte Lain, the leading Spanish construction, concession,  transportation infrastructure, development and management company with global operations.  OHL Mexico holds five toll road and one airport concession in Mexico.  The company raised capital to fund investment in its current concessions, to repay existing obligations and to fund development of new projects in anticipation of the expected announcement by the Mexican government of its 350 billion pesos (US$26 billion) National Infrastructure Plan.

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Tags:  Paul Hastings, LLP | New York

Paul Hastings Represents International Underwriters in SEC-Registered Secondary Global Offering of OMAs Shares and ADRs

Paul Hastings LLP, a leading global law firm, represented BofA Merill Lynch (Global Coordinator), BBVA, Santander, Barclays and Morgan Stanley as Joint Bookrunners in connection with the SEC registered secondary offering by Aeroinvest, S.A. de C.V. of shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA). OMA, which is listed on NASDAQ (OMAB) and the Mexican Stock Exchange (OMA), operates, maintains and develops 13 airports in Mexico, concentrated in the country’s central and northern regions, including Monterrey.  The shares and ADRs were sold by a subsidiary of ICA, the largest infrastructure company in Mexico.

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Tags:  Paul Hastings, LLP | New York

Ashurst Advises Founding Shareholder on the Proposed Sale of Cinema and Film Distributorship Business to the Lai Sun Group

Ashurst acted for Lai’s Holdings (LHL), the founding shareholder of Kadokawa Intercontinental Group Holdings Limited (KIGH), on the proposed sale of the KIGH Group to Hong Kong-listed companies within the Lai Sun Group. eSun will acquire an 85 per cent. stake in the KIGH Group and Lai Sun will acquire a 100 per cent. stake in the properties currently held by the KIGH Group. As part of this transaction, Toyko-listed shareholder Kadokawa Corporation will sell all its stake in KIGH Group to the same buyers.  The total consideration involved is about HK$342 million.  LHL will remain a minority shareholder of the KIGH Group after closing.

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Tags:  Ashurst | Hong Kong