Cahill represented Bank of America as administrative agent and lead arranger in connection with the $610,000,000 credit facilities comprised of a $460,000,000 Term B loan and revolver and a $150,000,000 Second Lien Term B loan for Berlin Packaging L.L.C.
Tags: Cahill Gordon & Reindel LLP | GermanyWragge & Co Enhances IP and German Capability with New Partner in Munich
Wragge & Co has increased its international IP offering with the appointment of Dr. Caroline Cichon as a new partner in Munich. Dr.Caroline Cichon joins the firm from Bird & Bird. Her appointment and the promotion of brands specialist Kate Swaine in the UK take the total number of IP partners at the firm to 13.
Tags: Gowling WLG | GermanyLeading Corporate Finance, M&A and Private Equity lawyer Ian Palm Moves to Gowlings
Ashurst Advises St Barbara on Its US$250m Capital Raising
Ashurst Advises Clough on Its A$187m Sale of Shares in Forge
Cravath – Navistar International Corp.’s High-Yield Senior Debt Offering
Cravath represented the underwriters, J.P. Morgan Securities, Credit Suisse, BofA Merrill Lynch and Goldman, Sachs & Co., in connection with the US$300 million registered high‑yield senior debt offering of Navistar International Corporation, a leading manufacturer of commercial and military trucks, buses, diesel engines and recreational vehicles. The transaction closed on April 2, 2013.
Tags: Cravath, Swaine & Moore LLP | New YorkHerbert Smith Freehills Advises Pepper on the Acquisition and Financing of a A$250 Million Commercial Mortgage Loan Portfolio
Herbert Smith Freehills advised Pepper Australia Pty Limited (“Pepper”) on its acquisition and financing of a A$250 million small balance commercial mortgage loan portfolio from a major international lender as Pepper expands its specialised lending capabilities into a new asset class.
Tags: Herbert Smith Freehills LLPPennington, P.A. Announces Addition of Attorney William D. Horgan
Pennington, P.A. is pleased to announce the addition of attorney William D. Horgan to its Tallahassee, FL office.
Tags: Pennington P.A.Chadbourne Represents Chartis Excess in Connection with Its Reorganization
Chadbourne & Parke commenced a case under Chapter 15 of the United States Bankruptcy Code for Chartis Excess Ltd., a subsidiary of AIG. Chartis Excess is requesting an order granting recognition to court proceedings before the High Court of Ireland and enforcing a scheme of arrangement sanctioned by the Irish High Court. The action is part of a larger reorganization of AIG and to prepare for upcoming changes to European insurance rules, which are designed to protect policyholders and prevent insurance companies from failing.
Tags: New YorkShearman & Sterling Advises E.ON on Divestiture of Its Hungarian Gas Storage and Trading Activities
Shearman & Sterling advised the German-based power and gas group E.ON in the divestiture of its Hungarian gas storage and trading activities to the Hungarian state-owned energy group MVM Hungarian Electricity Ltd. E.ON concluded an agreement to sell its 100-percent stakes in E.ON Földgáz Trade and E.ON Földgáz Storage to MVM. Including the assumption of debt, the purchase price for both companies is around €870 million.
Tags: Shearman & Sterling LLP