Paul Hastings Represents Kayne Anderson MLP Investment Company In $175 Million Offering Of Senior Notes

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Kayne Anderson MLP Investment Company, a closed-end investment company (the “Company”), in a $175 million offering of floating rate senior notes (the “Series HH Senior Notes”) to qualified institutional buyers in a private offering pursuant to Rule 144A under the Securities Act of 1933.  The Series HH Senior Notes mature on August 19, 2016 and pay interest at a rate of 3-month LIBOR plus 1.25% per annum.  The transaction closed on August 22, 2013.

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Dacheng Launches Is Mongolian Office

On November 7 2012, a proposal to set up an office in Mongolia was approved at the forty-eighth gathering of Dacheng management committee, which also designated senior partner Lu Hada to lead and coordinate the establishment of the office. After months of intense preparation, Dacheng Mongolian Office, registered No. 9011256017, was officially launched on May 20, 2013. The newly established office is located at 7/F Peace Mansion, No.54 Peace Road, Chingeltei District, Ulaanbaatar, Mongolia.

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Kennedys to Merge with Simpson & Marwick

We are very pleased to announce that Kennedys is merging with leading Scottish law firm Simpson & Marwick. The merger is expected to go live on 1 November 2013.

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Simmons & Simmons Advises ONGC Videsh Limited on $2.64bn LNG Acquisition in Mozambique

International law firm Simmons & Simmons has advised ONGC Videsh Limited (“OVL”) on the US$2.64 billion acquisition of the ten percent participating interest (“Acquisition”) in the Rovuma Offshore Block in Mozambique (“Area 1”), from Anadarko Moçambique Area 1 Limitada (“Anadarko”), a wholly owned indirect subsidiary of Anadarko Petroleum Corporation.

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Paul Hastings Advises CIMC on Acquisition of Pteris

Paul Hastings, a leading global law firm, announced today that it advised China International Marine Containers (Group) Co. Ltd. (“CIMC”) on its wholly-owned subsidiary, China International Marine Containers (Hong Kong) Ltd. (“CIMC Hong Kong”) entering into a sale and purchase agreement (the “SPA”) with the Singapore-listed Pteris Global Limited (“Pteris”) on July 29, 2013, pursuant to which CIMC Hong Kong will sell the 70% equity interests in Shenzhen CIMC-TianDa Airport Support Ltd. (“CIMC-TianDa”) to Pteris and as consideration, Pteris will issue new shares to CIMC Hong Kong (or its nominee). Following the completion of the SPA, the equity interests of CIMC in Pteris are expected to increase from approximately 14.99% to approximately 63.88% (up to approximately 65.80%, subject to certain adjustment mechanisms). As a result, the Singapore-listed Pteris will become a subsidiary of CIMC.

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Tags:  Paul Hastings, LLP | Hong Kong