Troutman Sanders Assists Berkadia With Funding of $1.5 Billion Freddie Mac Transaction

Wednesday, February 27, 2013

Troutman Sanders LLP is pleased to announce that it served as lender’s counsel for Berkadia Commercial Mortgage LLC (Berkadia) on its recent closing of a $1.5 billion loan portfolio through Freddie Mac for Southern Management Corporation, the largest privately owned residential property management company in the Mid-Atlantic region. The transaction was the largest loan funding in Berkadia’s history and the largest multifamily transaction to date by Freddie Mac to be eligible for securitization through its Capital Markets Execution℠ program.

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Tags:  Troutman Pepper Hamilton Sanders LLP

Venable Enhances Los Angeles Corporate Practice

Wednesday, February 27, 2013

Venable LLP announced today that Ronn Davids and Jennifer Cappelletty have joined Venable’s Los Angeles office as members of the firm’s Corporate Group. Mr. Davids and Ms. Cappelletty, previously members at Klee, Tuchin, Bogdanoff & Stern LLP, have developed vibrant national practices working with middle-market and emerging growth companies in distressed and non-distressed situations, with a special focus on representing private equity firms. Mr. Davids joins as Partner and Ms. Cappelletty joins as Of Counsel.

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Tags:  Venable LLP | Los Angeles

Cravath – Goodyear’s Registered High-Yield Senior Debt Offering

Wednesday, February 27, 2013

Cravath represented the underwriters, led by Goldman, Sachs & Co., Barclays, Citigroup, Credit Agricole CIB, Deutsche Bank Securities, J.P. Morgan Securities and Morgan Stanley, in connection with the US$900 million registered high‑yield senior debt offering of The Goodyear Tire & Rubber Company, one of the world’s leading manufacturers of tires. The transaction closed on February 25, 2013.

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Tags:  Cravath, Swaine & Moore LLP | New York

Paul Hastings Represents RBC Capital Markets, J.P. Morgan Securities and UBS Securities LLC in $375 Million Bond Issuance for Triumph Group, Inc.

Wednesday, February 27, 2013

Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets LLC, J.P. Morgan Securities LLC, UBS Securities LLC, PNC Capital Markets, LLC, RBS Securities Inc., Santander Investment Securities Inc., Mitsubishi UFJ Securities (USA), Inc., and US Bancorp Investments, Inc.as the initial purchasers in connection with a $375 million bond offering for Triumph Group, Inc., an international supplier of aerospace components and systems.

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Tags:  Paul Hastings, LLP | New York

Paul Hastings Represents TDR Capital and Algeco Scotsman in Acquisition of Target Logistics

Wednesday, February 27, 2013

Paul Hastings, a leading global law firm, announced today that the firm represented private equity firm TDR Capital and its portfolio company Algeco Scotsman, a global business services company focused on modular space and secure storage solutions, in the acquisition of Target Logistics Management, LLC, a leading provider of full-service remote workforce accommodation solutions in the United States.

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Tags:  Paul Hastings, LLP | New York

Cahill Represents Initial Purchasers in $2.3 Billion Notes Offering by Ashland

Wednesday, February 27, 2013

Cahill represented Citigroup, BofA Merrill Lynch, Deutsche Bank, Scotiabank, and PNC as joint book-running managers and the co-managers in connection with the Rule 144A offering of $2,300,000,000 comprised of $600,000,000 aggregate principal amount of 3% Senior Notes due 2016, $700,000,000 aggregate principal amount of 3.875% Senior Notes due 2018, $650,000,000 aggregate principal amount of 4.75% Senior Notes due 2022, and $350,000,000 aggregate principal amount of 6.875% Senior Notes due 2043 by Ashland Inc. Proceeds from the offering will be used to refinance existing indebtedness.

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Tags:  Cahill Gordon & Reindel LLP | New York

Duval & Stachenfeld LLP Announces the Addition of Cooley LLP Real Estate Partners Thomas O’Connor and Alan S. Cohen

Wednesday, February 27, 2013

Duval & Stachenfeld LLP announced today the addition of leading real estate attorneys, Tom O’Connor and Alan S. Cohen, as partners in its New York office. Mr. O’Connor was formerly the chair of Cooley LLP’s National Real Estate Practice Group and Mr. Cohen was a senior partner in the Group. Both partners worked out of Cooley’s New York office.

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Tags:  Cooley LLP | New York