Simpson Thacher Represents Travelex on its £350 Million Senior Secured Notes Offering and Revolving Credit Facility

Simpson Thacher represented a finance subsidiary of Travelex in connection with a Rule 144A and Regulation S offering of £200 million aggregate principal amount of its 8% Senior Secured Notes due 2018 and £150 million aggregate principal amount of its Senior Secured Floating Rate Notes due 2018. Additionally Simpson Thacher represented a subsidiary of Travelex in connection with its entry into a new £90 million Revolving Credit Facility. The transaction closed on August 1, 2013. Travelex used the net proceeds from this offering to refinance outstanding indebtedness.

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Tags:  Simpson Thacher & Bartlett LLP

Paul Hastings Advises GE Capital Markets in Financing Arbor Investments’ Acquisition of Keyes Group

Paul Hastings, a leading global law firm, announced today that the firm represented the lead arranger, GE Capital Markets, Inc. in connection with the financing related to Arbor Investments Management, LLC’s acquisition of Keyes Group Holdings, LLC and certain of its subsidiaries, including Keyes Fibre Corporation and Wrap Pack, Inc.

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Tags:  Paul Hastings, LLP | New York

Freshfields Advises on Barclays plc’s Proposed £5.95bn Rights Issue

Leading international law firm Freshfields Bruckhaus Deringer is advising Barclays Bank plc as global co-ordinator, Credit Suisse as sponsor, Credit Suisse, Deutsche Bank, Citigroup and Bank of America Merrill Lynch as joint bookrunners and underwriters on Barclays plc’s proposed rights issue to raise approximately £5.95 billion.

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Tags:  Freshfields LLP