Paul Hastings, a leading global law firm, announced today that the firm represented Brookfield Investment Management Inc. in connection with the completion of a $420 million common stock offering for the Brookfield Mortgage Opportunity Income Fund Inc., a newly-organized, diversified closed-end management investment company that seeks to capitalize on the recovery in the U.S. residential and commercial real estate markets by investing primarily in a portfolio of mortgage-related investments.

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Simpson Thacher represented J.P. Morgan Securities LLC, Barclays Capital Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, in offerings by United States Steel Corporation of (i) $275 million aggregate principal amount of 6.875% Senior Notes due 2021 and (ii) $316.25 million aggregate principal amount of 2.75% Senior Convertible Notes due 2019 (including $41.25 million aggregate principal amount related to the underwriters’ over-allotment option, which was exercised in full). United States Steel used the proceeds of the offerings, along with cash, to repurchase approximately $541.9 million aggregate principal amount of outstanding indebtedness.

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Milbank, Tweed, Hadley & McCloy LLP represented Barclays Capital and Deutsche Bank Securities as underwriters’ counsel in a $310 million offering by major El Salvador electricity provider AES El Salvador.

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