White & Case Advises Banks in Connection with a Multi-Billion Enel Loan

Global law firm White & Case has advised a pool of banks including Mediobanca – Banca di Credito Finanziario S.p.A., as facility agent, lender, bookrunner and mandated lead arranger, in relation with the granting to Enel S.p.A. and its subsidiary Enel Finance International N.V. of a revolving loan for a total maximum amount equal to €9,440,000,000, pursuant to an English law facility agreement entered into on 8 February 2013.

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Tags:  White & Case LLP

Cooley Augments Leading Mergers and Acquisitions Practice

Cooley LLP announced today that Jamie Leigh has joined the firm’s Business department as a partner and member of the Mergers & Acquisitions group. Leigh, who will be based in Cooley’s San Francisco office, joins the firm from Latham & Watkins where she was a partner in the firm’s Mergers and Acquisitions and Public Company Representation practices.

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Tags:  Cooley LLP | San Francisco

Davis Polk Advises PLDT on Its Sale of Business Process Outsourcing Businesses to CVC Capital Partners

Davis Polk is advising Philippine Long Distance Telephone Company (PLDT) in connection with the sale of the business process outsourcing businesses owned by its subsidiary SPi Global Holdings, Inc. (SPi) to an acquisition vehicle controlled by CVC Capital Partners. PLDT will reinvest a portion of the sale proceeds to acquire an approximate 20% interest in the divested businesses. The transaction is expected to close in the first quarter of 2013, subject to customary closing conditions.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong