Litigator David Anderson Joins Wick Phillips as Partner

Wick Phillips, a full-service business law firm with offices in Dallas, Fort Worth and Austin, Texas, announces that David Anderson has joined the Dallas office as a partner in the commercial litigation group. In addition to his 16 years of commercial litigation expertise, Anderson handles many intellectual property cases. Some of his most high profile cases include work for companies such as Medtronic, Inc.; BearingPoint, Inc. (formerly KPMG Consulting); Halliburton Energy Services, Inc.; US Synthetic Corporation; and Silver Point Capital, L.P., among others.

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Tags:  Dallas

Simpson Thacher Represents JPMorgan and Citibank in $2.8 Billion Revolving Credit Facility for Sprint Nextel Corporation

The Firm recently represented JPMorgan Chase Bank, N.A., as administrative agent, and Citibank, N.A., as syndication agent, in a new $2.8 billion revolving credit facility for Sprint Nextel Corporation. The new five year credit facility replaces the company’s existing $2.2 billion facility that was to expire in October 2013. The new facility provides supplemental liquidity for general corporate purposes and will be used to support the letter of credit required by the Federal Communications Commission’s Report and Order to reconfigure the 800 MHz band.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Nielsen in $1.288 Billion Secondary Offering of Common Stock

The Firm recently represented Nielsen Holdings N.V. (“Nielsen”), a portfolio company of AlpInvest Partners, The Blackstone Group, The Carlyle Group, Centerview Partners, Hellman & Friedman, Kohlberg Kravis Roberts & Co. and Thomas H. Lee Partners (together, the “Sponsors”) in connection with a secondary offering of 40,814,884 shares of Nielsen’s common stock. The offering closed at a public offering price of $32.55 per share, resulting in gross proceeds to the Sponsors of approximately $1.288 billion.

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Tags:  Simpson Thacher & Bartlett LLP | New York

SNR Denton Strengthens High Yield Practice in London

SNR Denton is pleased to announce that Sylvain Dhennin has joined the firm’s London office as a partner in the Banking and Finance practice. Sylvain’s role will involve expanding the European high yield market, particularly in France where he has an excellent track record and strong connections.

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Tags:  Dentons

Paul Hastings Advises Debt Financing Sources in Berkshire’s Acquisition of SRS Distribution

Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch, as administrative agent in connection with both a $220 million term loan and a $100 million asset-based revolving credit facility, and UBS Securities LLC and Barclays Bank PLC as arrangers in connection with such credit facilities, the proceeds of which at closing were used to partially finance the acquisition of SRS Holding Corporation, the parent company of roofing supply distributor SRS Distribution Inc., by Berkshire Partners LLC.

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Tags:  Paul Hastings, LLP | New York