Paul Hastings, a leading global law firm, announced today that it represented Ayala Land, Inc. (“Ayala Land”) on its US$300 million top-up placement. Ayala Land is the largest real estate conglomerate in the Philippines engaged principally in the planning, development, subdivision and marketing of large-scale communities having a mix of residential, commercial, leisure and other uses.
Tags: Paul Hastings LLP | Hong KongPaul Hastings, a leading global law firm, announced today that it represented Glorious Property Holdings Limited (“Glorious Property”), a leading PRC property developer based in Shanghai and listed on the Hong Kong Stock Exchange, in its issuance of additional senior notes (“Additional Notes”) in the aggregate principle amount of US$150 million, due 2018, which will be consolidated and form a single series with the US$250 million senior notes issued on March 4, 2013.
Tags: Paul Hastings LLP | Hong Kong
Secretary of the Pennsylvania Department of Environmental Protection (DEP) Michael L. Krancer is re-joining Blank Rome LLP as a partner in the firm’s Philadelphia office. With more than two decades of energy industry and public policy experience, Mr. Krancer will chair the firm’s Energy, Petrochemical and Natural Resources Practice, enhancing the firm’s existing energy and public policy talent and advising US and global energy clients in the full range of legal, public policy, government relations, state and federal regulatory, financial, corporate, and labor matters.
Tags: Blank Rome LLP
Herbert Smith Freehills has advised the Darling Harbour Live consortium on its successful bid to develop the Sydney international convention, exhibition and entertainment project, in Sydney’s Darling Harbour. Herbert Smith Freehills also advised Lend Lease in relation to a commercial redevelopment (with a projected end value of approximately $1.5 billion) of the land adjoining the convention, exhibition and entertainment precinct, made possible, in large part, by the reconfiguration of the areas comprising the event facilities.
Tags: Herbert Smith Freehills LLPHerbert Smith Freehills has advised ASM International N.V. (“ASM International“), a leading global supplier of semiconductor equipment and ranked among the top 10 semiconductor equipment manufacturers globally, as its Hong Kong and US counsel on its €422 million (HK$4.3 billion) partial secondary placement of shares of its subsidiary, ASM Pacific Technology Ltd. (“ASM PT“).
Tags: Herbert Smith Freehills LLP | Hong Kong
Rex E. Moule recently joined the Melbourne office of GrayRobinson, P.A. as a shareholder where he will continue to practice in the areas of wills, trusts and estates law. Mr. Moule brings to the firm a strong background in various forms of estate planning and tax law, including wills, trusts, probate, estate and gift tax planning and the formation of limited partnerships and LLCs for estate planning purposes.
Tags: GrayRobinson, P.A.
International law firm Clifford Chance has advised on the top three transactions in the Russian real estate market to date. These include the acquisition of the Metropolis and the Galeria shopping centres by one of the largest real estate funds completed in February 2013 and February 2012 respectively and the acquisition of White Square office complex by O1 Properties completed at the end of 2012.
Tags: Clifford Chance LLP | Moscow
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has appointed partner Axel Löhde to strengthen its German corporate practice.
Tags: Watson, Farley & Williams LLP | Germany
Cravath represented the underwriters, led by Jefferies, BofA Merrill Lynch, and Citigroup, in connection with the US$125 million series A cumulative redeemable perpetual preferred shares of Sabra Health Care REIT, Inc., a real estate investment trust that owns and invests in real estate serving the healthcare industry. The transaction closed on March 21, 2013.
Tags: Cravath, Swaine & Moore LLP | New York
King & Wood Mallesons has acted for GE Capital Australia in relation to its proposed acquisition of the $400 million debtor finance loan book (and related assets) of Allianz Finance.
Tags: King & Wood Mallesons