DLA Piper Advises on BP Acquisition

Lawyers from DLA Piper’s Sheffield office have advised UGI Corporation (“UGI”) on the acquisition, by its subsidiary Flaga GmbH, of BP’s liquefied petroleum gas (LPG) distribution business in Poland.

More >>

Tags:  DLA Piper

Simpson Thacher Represents Carlyle in Raising $1.38 Billion Carlyle Energy Mezzanine Opportunities Fund

Simpson Thacher represented The Carlyle Group (“Carlyle”) in the establishment of the Carlyle Energy Mezzanine Opportunities Fund, L.P. (“CEMOF”), which primarily targets investments in projects and companies in the power generation and energy sectors requiring capital of $20 million to $150 million per transaction. Carlyle has announced that CEMOF raised approximately $1.38 billion of total commitments.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

BakerHostetler Bolsters Employment and Labor Group in Chicago: Joel C. Griswold and Melissa A. Siebert Join Firm

BakerHostetler announced today that Joel C. Griswold and Melissa A. Siebert have joined the firm’s Employment and Labor Group as Partners in its Chicago office. Both come to BakerHostetler from K&L Gates LLP, where Griswold served as chair of the Wage and Hour Subcommittee for the firm’s Labor and Employment Group. They are the most recent high-profile additions to BakerHostetler’s nationally recognized Employment and Labor Group and continue the firm’s growth in major markets.

More >>

Tags:  Baker & Hostetler LLP

Cahill Represents BofA Merrill Lynch in Notes Offering by Ainsworth Lumber

Cahill represented BofA Merrill Lynch as sole book-running manager and BMO Capital Markets, CIBC, HSBC, RBC Capital Markets, Scotiabank, and TD Securities as co-managers in connection with the Rule 144A/Reg S offering of $350,000,000 aggregate principal amount of 7.5% Senior Secured Notes due 2017 by Ainsworth Lumber Co. Ltd., a Canadian company. Proceeds from the offering and a concurrent rights offering will be used to refinance existing indebtedness.

More >>

Tags:  Cahill Gordon & Reindel LLP | New York

Davis Polk – Statoil $2.0 Billion Notes Offering

Davis Polk advised Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Merrill, Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on an SEC-registered offering by Statoil ASA of $2.0 billion principal amount of notes guaranteed by its operating subsidiary, Statoil Petroleum AS. The offering consisted of $600 million principal amount of 1.20% notes due 2018, $1.1 billion principal amount of 2.45% notes due 2023 and a $300 million principal amount reopening of its 4.25% notes due 2041.

More >>

Tags:  Davis Polk & Wardwell