Chadbourne & Parke represented Beam Inc., one of the world’s leading premium spirits companies, in connection with the sale of US$500 million of notes in an SEC-registered transaction and contemporaneous cash tender offers and redemptions for certain of Beam’s outstanding public debt.
Tags: New York
International Trade and Competition Team Joins McGuireWoods
McGuireWoods LLP today announced that it is expanding its international trade, competition and EU regulatory law practice with the addition of a four-member team in the firm’s Brussels office. The team will significantly enhance the firm’s abilities in Europe and throughout the United States to represent clients with complex international trade, competition and regulatory matters.
Tags: McGuireWoods LLP
Eric Johnson Joins Sherman & Howard
Sherman & Howard L.L.C., a national law firm that is one of the oldest and most successful headquartered in the Rocky Mountain region, today announced the addition of attorney Eric Johnson as a member in its Denver office. Johnson joins Sherman & Howard from the Denver office of Bryan Cave HRO. His practice focuses on protecting the financial rights and investments of his clients in lending and merger and acquisition transactions, and successfully managing bankruptcy and insolvency risks.
Tags: Sherman & Howard L.L.C. | Denver
Veteran Charlotte Real Estate Attorney Robert Brinkley Now Member of Womble Carlyle Team
Robert Brinkley, one of the Charlotte area’s top real estate attorneys, has joined Womble Carlyle.
Tags: Womble Bond Dickinson temp
Herbert Smith Freehills Advises on Huaneng’s US$400 Million Bond
Herbert Smith Freehills has advised Huaneng Hong Kong Capital Limited on its US$400 million dollar sale of five-year 3.375% bonds.
Tags: Herbert Smith Freehills LLP | Hong Kong
Milbank – US$500 Million Financing for Tamar Offshore Gas Field
Milbank has advised the lenders and hedge counterparties on a further US$500 million term loan financing for Isramco Negev 2 LP (“Isramco”) in support of its share of the development of the Tamar gas field located off the coast of Israel. The Loan proceeds partially refinance the US$750 million bridge and term loans extended to Isramco in 2011 and also support future development and expansion of the field which became operational in March 2013.
Tags: Milbank LLP
Dechert Expands Corporate Practice in Paris with the Arrival of Matthieu Grollemund
Global specialist law firm Dechert LLP announced today that it is expanding its corporate practice in Europe with the arrival of partner Matthieu Grollemund in Paris. Grollemund was most recently a partner at Orrick Herrington & Suttcliffe LLP.
Tags: Dechert LLP
Simmons & Simmons Expands in Paris with the Appointment of a Competition Law Partner
Ombline Ancelin has joined the Paris office of international law firm Simmons & Simmons.
Tags: Simmons & Simmons
Davis Polk Advises On Exide Technologies Debtor-in-Possession Credit Facility
Davis Polk is advising JPMorgan Chase Bank, N.A. as administrative agent and collateral agent, and J.P. Morgan Securities LLC, as sole bookrunner and sole lead arranger under a $500 million superpriority debtor-in-possession credit facility to Exide Technologies and certain of its non-debtor subsidiaries, consisting of a $225 million first-out asset-based revolving credit facility and a $275 million second-out term loan, which are secured by collateral in the United States and 17 foreign jurisdictions. The DIP facility has been approved by the bankruptcy court on an interim basis and is subject to final bankruptcy court approval and various other conditions. Under the terms of the interim approval, Exide Technologies has full access to the revolver and immediate access to $170 million of the term loan. The final hearing to approve the DIP facility has been scheduled for July 11, 2013.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – School Specialty, Inc. $145 Million Senior Secured Term Loan Credit Facility
Davis Polk advised Credit Suisse AG, as administrative agent and collateral agent, and Credit Suisse Securities (USA) LLC, as sole bookrunner and sole lead arranger, in connection with a $145 million senior secured term loan credit facility for School Specialty, Inc. to finance the company’s emergence from bankruptcy protection. In January 2013, School Specialty, Inc. and certain of its U.S. subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware. Proceeds of the exit financing, along with proceeds from an asset-based revolving credit facility arranged by Bank of America, N.A., were used to repay in full all of the company’s obligations under its prior revolving credit facility and repay in part its obligations under its prior term loan facility, as well as transaction costs, and for other general corporate purposes.
Tags: Davis Polk & Wardwell LLP | New York