Paul Hastings Advises BofA Merrill Lynch, Morgan Stanley and Jefferies in Financing for TPC Group’s Acquisition by First Reserve and SK Capital Partners

Friday, December 21, 2012

Paul Hastings LLP, a leading global law firm, announced today that the firm represented BofA Merrill Lynch, Jefferies and Morgan Stanley as joint book-running managers and lead arrangers in connection with the financing of petrochemical provider TPC Group Inc.’s (Nasdaq:TPCG) $850 million acquisition by First Reserve Corporation, a leading global investment firm dedicated to the energy industry, and SK Capital Partners, a U.S. based private investment firm focused on the chemicals sector.

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Tags:  Paul Hastings, LLP | New York

Davis Polk – $575 Million Senior Secured Facility in Connection with Riverbed Technology’s Acquisition of OPNET

Friday, December 21, 2012

Davis Polk advised Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA as joint lead arrangers and Merrill Lynch, Pierce, Fenner & Smith Incorporated as arranger in connection with Riverbed Technology, Inc.’s new $575 million senior secured term loan facility. The facility was used by Riverbed to fund the acquisition of OPNET Technologies, Inc., which closed concurrently with the financing.

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Tags:  Davis Polk & Wardwell LLP | New York

Shearman & Sterling Advising ICE on EU Regulatory and Antitrust Aspects of NYSE Euronext Bid

Thursday, December 20, 2012

Shearman & Sterling is advising long-time client IntercontinentalExchange (ICE) on the European regulatory and European antitrust aspects of its proposed acquisition of NYSE Euronext in a transaction valued at $8.2 billion. Under the terms of the agreement, which was unanimously approved by the boards of both companies, the transaction is currently valued at $33.12 per NYSE Euronext share, or a total of approximately $8.2 billion, based on the closing price of ICE’s stock on December 19, 2012.

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Tags:  Shearman & Sterling LLP

Morgan Lewis Advises Valartis on Public Sale of Russian Real Property Company

Thursday, December 20, 2012

Morgan Lewis has advised Valartis Group AG (VLRT: SIX Swiss Exchange), the holding company of the internationally active Valartis banking and finance group, on its sale of a strategic stake of about 40 percent in Eastern Property Holdings Limited (EPH: SIX Swiss Exchange) to the Liechtenstein-based Aurora Value Fund (“Aurora”). Concurrently, EPH announced that Aurora has acquired an aggregate of more than 66.67% of its voting shares.

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Tags:  Morgan, Lewis & Bockius LLP | Moscow