Cahill Represents Initial Purchasers in $3.1 Billion Financing for Buyout of H.J. Heinz

Cahill represented Wells Fargo Securities, J.P. Morgan, Barclays and Citigroup as joint book-running managers in connection with the Rule 144A/Reg S offering of $3,100,000,000 aggregate principal amount of 4.25% Second Lien Senior Secured Notes due 2020 by Hawk Acquisition Sub. Inc., to be merged with and into H.J. Heinz Company.

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Tags:  Cahill Gordon & Reindel LLP | New York

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.

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Tags:  Cravath, Swaine & Moore LLP | New York

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.

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Tags:  New York