International law firm Freshfields Bruckhaus Deringer has advised Russian petroleum firm Rosneft on the establishment of its US$10 billion Eurobond programme, and its first ever issue of Eurobonds. Within the programme, US$3 billion of bonds have been placed on international capital markets.
Tags: Freshfields Bruckhaus Deringer LLP | MoscowOrrick Advises Industrial Investors Group on FESCO Sale
Orrick, Herrington & Sutcliffe LLP recently advised Industrial Investors Group, a leading Russian industrial investment group, in the sale of its stake in Russia’s Far Eastern Shipping Company (FESCO) to Summa Group. The deal amount was not disclosed, but was financed in part by a US $800 million syndicated loan from Goldman Sachs, ING and Raiffeisen Bank.
Tags: Orrick, Herrington & Sutcliffe, LLPAkin Gump Advises Laclede Group in Acquisition of Regional Gas Companies
A team from Akin Gump Strauss Hauer & Feld LLP advised The Laclede Group in its $1.04 billion acquisition of Missouri Gas Energy and New England Gas Company. The price includes roughly $20 million in debt.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkMayer Brown Advises The Kingdom of Morocco on Its $1.5 Billion Note Offering
Leading global law firm Mayer Brown has advised The Kingdom of Morocco on its offering of $1 billion in 10-year notes and $500 million in 30-year notes, the first international debt offering by The Kingdom of Morocco following events of the Arab Spring and the first offering by The Kingdom of Morocco into the US markets in reliance on Rule 144A.
Tags: Mayer Brown LLPSimpson Thacher Represents Underwriters in $500 Million Senior Notes Offering by Equifax Inc.
Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, in an offering of $500 million in aggregate principal amount of 3.30% Senior Notes due 2022 by Equifax Inc. (“EFX”).
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in US $600 Million Securitized Fixed Rate Senior Secured Notes Offering by Subsidiaries of Iconix Brand Group, Inc.
The Firm represented the initial purchasers, led by Barclays Capital Inc., in connection with a US $600 million offering of 4.229% Fixed Rate Senior Secured Notes by subsidiaries of Iconix Brand Group, Inc. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The net proceeds from the offering were used to repay amounts outstanding under Iconix’s existing revolving credit facility and costs associated with the securitized financing transaction as well as to finance a portion of Iconix’s purchase of the Umbro brand and general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Xiabuxiabu Catering Management (China) Holdings Co., Ltd. in Connection with the Sale of Xiabu Xiabu Shares by Actis to General Atlantic
The firm is representing Xiabuxiabu Catering Management (China) Holdings Co., Ltd. (“Xiabu Xiabu”) in connection with the sale of Xiabu Xiabu shares by Actis to General Atlantic.
Tags: Simpson Thacher & Bartlett LLP | BeijingJames (Jim) Witz Joins Littler In Chicago
Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added James (Jim) M. Witz as a shareholder to its growing ranks. Witz joins Littler from Freeborn & Peters LLP where he was a partner and head of its Non-Competition and Trade Secret practice. He will co-lead Littler’s Chicago Unfair Competition and Trade Secrets practice with Littler shareholder David Haase, in addition to continuing his general employment litigation and counseling practice.
Tags: Littler Mendelson, P.C.White & Case Advises PagesJaunes Group on a New Facility Agreement
Global law firm White & Case LLP represented PagesJaunes Group SA (“PJG”), a French directory group publicly listed on the Euronext Paris exchange, in connection with an amendment to and extension of its senior loan facilities under its €2,350,000,000 facility agreement dated 24 October 2006. The amendment extends the maturity of just under €1 billion of the company’s senior loans from 2013 to 2015 in exchange for an immediate prepayment of about €480 million of its outstanding loans and the introduction of scheduled amortization on the remaining outstanding portion of its senior loans. Lenders, whose participations represent more than 90% of the debt initially scheduled to mature in 2013, agreed to the amendment and extension.
Tags: White & Case LLPPaul Hastings Represents Managers for La Fee Maraboutee in Connection with Secondary LBO
Paul Hastings, a leading global law firm, announced today that the firm advised the management of La Fée Maraboutée in connection with their secondary LBO. Together with the members of management, Silverfleet Capital, an investment fund, acquired all of La Fée Maraboutée’s share capital from Dzeta Conseil.
Tags: Paul Hastings LLP