WFW Asia Practice LLP Advises on High Profile KOGAS Project Financing Valued in Excess of US$356 Million

Thursday, December 20, 2012

The Singapore office of Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it advised on the high profile Korea Gas Corporation (“KOGAS”) refinancing for three 2000 built LNG carriers. The 135,000 cbm built LNG carrier “Hanjin Sur” is on bareboat charter to Hanjin Shipping Co., Ltd, the 135,000 cbm built LNG carrier “SK Supreme” is on bareboat charter to SK Shipping Co., Ltd. and the 135,000 cbm built LNG carrier “Hyundai Cosmopia” is on bareboat charter to Hyundai Merchant Marine Co., Ltd. All three LNG carriers are operating under long term contracts of affreightment with KOGAS.

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Tags:  Watson, Farley & Williams LLP | Singapore

WFW Advises Golar LNG Partners LP on Its Shelf Takedown Offering and Private Placement

Thursday, December 20, 2012

Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce that it has advised Golar LNG Partners LP on its shelf takedown offering of 4,300,000 units of limited partner interest and a private placement of 1,524,590 common units sold to Golar LNG Limited. Both transactions closed in November 2012.

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Tags:  Watson, Farley & Williams LLP | New York

Paul, Weiss – Methanex Closes $350 Million Public Offering of Senior Notes

Thursday, December 20, 2012

Canadian client Methanex Corporation closed a public offering of US$350 million of 3.25% senior notes due 2019. J.P. Morgan and RBC Capital Markets acted as joint bookrunning managers. The offering was made in the United States under Methanex’s previously filed base shelf prospectus. Headquartered in Vancouver, British Columbia, Methanex is the world’s largest supplier of methanol to major international markets.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP

Orrick Advises SAHO on Joint Venture with Najd Trading

Thursday, December 20, 2012

Orrick, Herrington & Sutcliffe LLP recently advised Siberian Agrarian Holding (“SAHO”), a Siberian grain producer, in its joint venture with Saudi Arabian investment company Najd Trading to ship Russian wheat and barley to the Middle East and North Africa. Saudi Arabia consumes roughly 15 million metric tons of grain annually and is the largest importer of Russian barley.

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Tags:  Orrick, Herrington & Sutcliffe LLP | Moscow

Orrick Assists Silver Bay Realty Trust with Its Initial Public Offering

Thursday, December 20, 2012

Orrick, Herrington & Sutcliffe LLP has advised Silver Bay Realty Trust Corp. in its initial public offering (“IPO”), making it the first publicly traded Real Estate Investment Trust (REIT) focused on the single-family rental market. The Company raised $245 million in its IPO and its shares trade on the New York Stock Exchange under the symbol “SBY.” The IPO closed on December 19, 2012.

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Tags:  Orrick, Herrington & Sutcliffe LLP | San Francisco

Kramer Levin Represents Spraylat Corporation in Its Sale to PPG Industries, Inc.

Thursday, December 20, 2012

Kramer Levin represented Spraylat Corporation, a family-owned paint and coatings business specializing in high-quality industrial liquid and powder coatings applied to metal, glass and plastic substrates, in connection with the sale of the Spraylat business to PPG Industries, Inc. (NYSE:PPG), a leading global coatings and specialty products company. The transaction closed on December 17, 2012.

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Tags:  Kramer Levin Naftalis & Frankel LLP | New York

Morrison Cohen – $1.1 Billion International Offering of India Mining Group Shares

Thursday, December 20, 2012

Morrison Cohen has advised the Government of India on its recent international offer and sale of $1.1 billion of shares from its majority shareholding in NMDC Limited, the Indian mining group. The transaction was executed as an “Offer For Sale”, a new category of regulated securities transaction in India, designed to help majority holders of Indian public companies reduce their shareholdings to no more than 75%, in order to comply with recent regulations intended to help modernize the Indian capital markets. The Offer for Sale and other Indian offering mechanisms are expected to be used extensively in the coming months as majority shareholders across the Indian economy begin to reduce the sizes of their shareholdings.

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Tags:  Morrison Cohen LLP

Lowenstein Sandler Adds Seth T. Goldsamt as Partner in Specialty Finance Practice

Wednesday, December 19, 2012

Lowenstein Sandler has added veteran attorney Seth T. Goldsamt as a partner in its Specialty Finance practice. Seth is based in Lowenstein’s New York City office. He focuses his practice on public and private securities offerings as well as private equity and mergers and acquisitions. He joins Lowenstein Sandler from McDermott Will & Emery, where he was a partner.

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Tags:  Lowenstein Sandler LLP | New York