Cahill represented the joint book-running managers in connection with the Rule 144A/Reg S offering of $210,000,000 aggregate principal amount of 8.375% Senior Notes due 2020 by Southern Graphics Inc. Proceeds from the offering will be used in part to fund the acquisition of Southern Graphics Inc., a regional graphic services pre-press provider, by funds affiliated with Onex Corporation and to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New YorkChad Arfons, who has 15 years of experience as an attorney and business advisor, has joined McDonald Hopkins as a Member in the Business Department where his primary focus will be with the firm’s Real Estate and Commercial Finance Practice Groups. Previously, Arfons was a partner at Roetzel & Andress.
Davis Polk is advising Murphy Oil Corporation in connection with the spinoff to its stockholders of Murphy Oil USA, Inc., its U.S. downstream subsidiary, into an independent and separately traded company. Murphy Oil has also authorized a special dividend of $2.50 per share for a total dividend of approximately $500 million and a share buyback program of up to $1 billion. The spinoff of Murphy Oil USA will be subject to customary conditions, including confirmation of the tax-free nature of the transaction and receipt of customary regulatory approvals.
Tags: Davis Polk & Wardwell | New YorkDavis Polk advised Credit Suisse Securities (USA) LLC and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering of $396.75 million aggregate principal amount of 1.75% convertible senior notes due 2032 of Stillwater Mining Company (which amount includes the full exercise of the over-allotment option).
Tags: Davis Polk & Wardwell | New York
Mayer Brown, a leading global law firm, announced today that it represented ACE Limited on a definitive agreement to acquire ABA Seguros from Ally Financial Inc. for approximately $865 million. ABA Seguros is Mexico’s sixth-largest property and casualty (P&C) insurer and provides auto, homeowners and small business coverages. The ACE Group is one of the world’s largest multiline property and casualty insurers.
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The Singapore office of Watson, Farley & Williams LLP (WFW) is pleased to announce that it has advised Noah Shipping Solutions Pte. Ltd. (NSS) on the sale of its two Singapore flagged bulk carrier vessels m.v. “Selaras” and m.v. “Serasih 2” to subsidiaries of Singapore company KS Maritime Pte. Ltd.
Tags: Watson, Farley & Williams LLP | SingaporeThe Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it (along with the WFW Hamburg office) has advised Singapore Airlines on the ASPV / GOL sale and leaseback transaction of one (1) A380-800 aircraft.
Tags: Watson, Farley & Williams LLP | Singapore
Dickinson Wright PLLC is pleased to announce that N. Courtney Hollins has joined the firm as Member in our Nashville office.
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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Banco Continental S.A.E.C.A., one of the largest banks in Paraguay, in connection with its issuance of $200 million 8.875% Senior Notes due 2017 pursuant to Rule 144A and Regulation S.
Tags: Paul Hastings LLP | New York