Simpson Thacher Represents Initial Purchasers in $250 Million 7.500% Senior Notes Offering by Zachry Holdings, Inc.

Simpson Thacher represented J.P. Morgan Securities LLC, Merrill Lynch, Pierce Fenner & Smith Incorporated and Wells Fargo Securities, LLC in an offering of $250 million aggregate principal amount of 7.500% Senior Notes due 2020 by Zachry Holdings, Inc. The proceeds of the notes offering were used repay certain indebtedness.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Energy Executive and Attorney Jeff Baudier Joins Phelps Dunbar’s Baton Rouge Office

Phelps Dunbar is pleased to announce that Jeffrey M. Baudier has joined the firm’s Baton Rouge office as a partner, where his practice will focus on serving clients in the oil, gas, and energy industries. Most recently, Mr. Baudier was President and CEO of Petra Nova LLC, an NRG company, where he led the creation of an industry-leading joint venture that uses carbon dioxide captured from existing coal plants to revitalize production at mature oil fields in Texas and Louisiana through proven Enhanced Oil Recovery (EOR) processes.

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Tags:  Phelps Dunbar LLP

Allen & Overy Advises Tokai Rubber Industries on Anvis Group Acquisition

Allen & Overy LLP has advised Tokai Rubber Industries, Japan, on the acquisition of automotive supplier Anvis from H.I.G. Europe, the European arm of H.I.G. Capital, which focuses on small and medium-sized businesses. The transaction is still subject to clearance by the competent cartel authorities. The parties have agreed not to disclose the purchase price.

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Tags:  Allen & Overy LLP

Morgan Lewis Advises Apollo Global Management in Hostess Snack Cake Assets Acquisition

Affiliates of global alternative investment manager Apollo Global Management, LLC and merchant banking and management firm Metropoulos & Co. today announced that they have entered into a “stalking horse” asset purchase agreement to acquire certain assets of Hostess Brands, Inc.’s baked snack food business for $410 million in cash.

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Tags:  Morgan, Lewis & Bockius LLP | New York

WFW Asia Practice Advises DVB and China Development Bank on a US$358.6 Million Sale and Leaseback Transaction for China Shipping and CDB Leasing

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it advised DVB Group Merchant Bank (Asia) Ltd (“DVB”) and China Development Bank, as co-lenders who financed the acquisition, on a US$358.6 million sale and leaseback transaction of a portfolio of maritime containers for China Shipping Container Lines (“CSCL”) and CDB Leasing (“CDBL”).

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Tags:  Watson Farley & Williams LLP | Singapore

Freshfields Advises on Biffa Recapitalisation

International law firm Freshfields Bruckhaus Deringer has advised the co-ordinating committee and ad-hoc working group representing senior lenders on the £1bn recapitalisation of the Biffa Group. Biffa is a leading nationwide integrated waste management business.

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Tags:  Freshfields LLP