The Firm recently represented J.P. Morgan Securities, as joint physical bookrunner and joint lead arranger and bookrunner, and JPMorgan Chase Bank, N.A. as administrative agent, in connection with a $1.82 billion senior secured credit facility for iStar Financial, Inc. (“iStar”). Proceeds from the facility were used to refinance iStar’s existing 2011 credit facility.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing a joint venture between Emeritus Corporation (NYSE:ESC), Blackstone Real Estate Partners VI, an affiliate of The Blackstone Group, and others in connection with a sale of 142 senior housing communities to HCP (NYSE: HCP) and Emeritus for US$1.79 billion. As part of the transaction, Emeritus, the nation’s largest assisted living and memory care operator, will enter into a new triple-net, master lease for the properties acquired by HCP and continue to operate these communities. The portfolio of communities encompasses over 11,000 units in 31 states. The closing of this transaction is subject to regulatory approval and third party consents, as well as other customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented joint book-running managers Bank of America Merrill Lynch, J.P. Morgan, Credit Suisse, Morgan Stanley and Wells Fargo, and co-managers Stephens Inc. and B. Riley & Co., in connection with the issuance by ViaSat, Inc. (“ViaSat”) of an additional $300 million aggregate principal amount of its 6.875% Senior Notes due 2020. The additional notes constituted a reopening of the $275 million aggregate principal amount of notes initially issued on February 27, 2012. ViaSat intends to use the net proceeds from the notes offering to fund a cash tender offer for any and all of its outstanding $275 million 8.875% Senior Notes due 2016 and for general corporate purposes. The Firm is also representing Bank of America Merrill Lynch in its capacity as dealer manager in the concurrent tender offer and consent solicitation.
Tags: Simpson Thacher & Bartlett LLP | New York
Cohen & Grigsby, a business law firm with headquarters in Pittsburgh, PA and an office in Naples, FL, is pleased to announce that Rachael Loukonen has joined the firm’s Naples office as a partner. Loukonen, board certified by the Florida Bar in business litigation, focuses her practice on litigation and dispute resolution. She represents businesses and individuals in matters involving complex property, commercial business, construction, and employment issues.
Tags: Cohen & Grigsby, P.C.
International law firm Quinn Emanuel has recruited to partners to its New York office, Dominic Cerrito and Eric Stops. The pair of attorneys focus their practice on pharmaceutical intellectual property litigation and disputes, including Hatch-Waxman litigation and FDA law.
More >>
Merrick White has joined King & Spalding’s Singapore office. The oil and gas partner makes the legal job move from Clifford Chance, bringing a diverse array of experience in oil and gas related energy work.
Tags: King & Spalding LLP | Singapore
Former Deputy Assistant Attorney General in the Criminal Division of the US Department of Justice Mary Patrice Brown has joined O’Melveny & Myers LLP in Washington, D.C. The partner will bring years of litigation and investigations experience to the firm’s white collar defense group, having led numerous investigations into government corruption cases for the DOJ.
More >>
Global legal practice Squire Sanders announces that it is launching a new office in Sydney on 1 November, with the appointment of highly regarded cross-border M&A specialist Campbell Davidson who will be joining as partner from Allens. Squire Sanders’ initial Sydney-based team will include new hires Richard Pascoe, of counsel in IP and Technology, from Truman Hoyle (and previously Gilbert & Tobin), Louise Boyce, of counsel in Taxation, from DLA Piper, and Anna Elliott, senior associate in Labour & Employment, from Holding Redlich.
Tags: Squire Patton Boggs
International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Securities partners Rod Miller and Paul Denaro, acted as counsel to the initial purchasers in a $500 million offering by Tenet Healthcare Corporation (“Tenet”) of its 4.25% Senior Secured Notes due 2020, and a $300 million offering by Tenet of its Senior Unsecured Notes due 2020, pursuant to Rule 144A and Regulation S.
Tags: Milbank LLP | New York
The national law firm of Quarles & Brady LLP announced that Stanley F. Orszula has joined the firm’s Chicago office as a partner in the Corporate Services Practice Group.
Tags: Quarles & Brady LLP