The Firm recently represented Education Management Corporation in a private exchange offer by its indirect subsidiaries Education Management LLC and Education Management Finance Corp., in which they exchanged approximately $361 million aggregate principal amount of their 8.75% Senior Notes due 2014 for (i) approximately $201 million aggregate principal amount of new Senior Cash Pay/PIK Notes due 2018 and (ii) approximately $160 million of cash.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented J.P. Morgan Securities LLC, as lead arranger, in an amendment and restatement of the First Lien Credit Agreement of Web.com Group, Inc. (“Web.com”), which amendment and restatement repriced the loans thereunder and increased the revolving facility thereunder to $70 million and the term loan facility thereunder to $660 million (the proceeds of which were used to repay Web.com’s second lien term loan in full).
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented Goldman Sachs Bank USA in connection with a US$200 million loan financing to Empresas ICA, S.A.B. de C.V. The loan proceeds will be used to fund an upfront payment for the grant of a concession by the Mexican Government to develop an 83-kilometer toll road between the states of Queretaro and Guanajuato, Mexico, the Palmillas Project.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe firm recently represented the Administrative Agent in connection with the amendment and restatement of QVC, Inc.’s $2,000,000,000 revolving credit agreement.
Tags: Simpson Thacher & Bartlett LLP | New York
Bickerstaff Heath Delgado Acosta LLP is pleased to announce that attorney Vanessa A. Gonzalez has joined our practice as a partner in our Austin office.
Tags: Bickerstaff Heath Delgado Acosta LLP | Austin
Cooley LLP announced today that Kevin Rooney and Louis Lehot have joined the firm’s Business department as partners based in its Palo Alto office. They both join from Sheppard Mullin Richter & Hampton LLP, where Rooney chaired the firm’s Emerging Growth/Venture Capital and Technology M&A practices, and Lehot led its Capital Markets and Public Company M&A practices.
Tags: Cooley LLP | Silicon Valley
The global law firm Jones Day is pleased to announce that Gene Buttrill has joined as a Capital Markets Practice partner. Formerly a partner with Proskauer Rose LLP, Mr. Buttrill will be based in the Firm’s Hong Kong Office as a foreign registered lawyer. Jones Day welcomes Mr. Buttrill to its growing Capital Markets Practice in Hong Kong, alongside the recent hires of Chris Swift and Joelle Lau from Allen & Overy and the promotion of Julian Lin to partner in January of this year.
Tags: Jones Day | Hong KongThe global law firm Jones Day has announced today that Kari Erickson Levine has joined the Firm as a partner in the San Francisco Office, where she will be a member of Jones Day’s Labor & Employment Practice. Ms. Levine arrives from the San Francisco office of Seyfarth Shaw, where she practiced for 18 years and was a partner in the firm’s Labor & Employment Practice.
Tags: Jones Day | San FranciscoThe global law firm Jones Day has announced that Sumesh Sawhney has joined the Firm’s London Office in a further expansion of its India focus. Mr. Sawhney comes to Jones Day from Clifford Chance, where he had been co-head of its India corporate practice.
Tags: Jones Day
Herbert Smith Freehills has advised Lend Lease on its recent appointment to develop the AU$1 billion Waterbank Precinct urban renewal project in East Perth, Western Australia, as part of Metropolitan Redevelopment Authority’s (MRA) Riverside Project.
Tags: Herbert Smith Freehills Kramer LLP