Milbank Represents Lenders in $1.2 Billion Expansion of the El Dorado International Airport in Bogotá, Colombia

In one of the most important recent infrastructure projects in Latin America, Sociedad Concesionaria Operadora Aeroportuaria Internacional S.A. – OPAIN S.A., has obtained $390 million in financing from three international development institutions to finance the development and construction costs for the expansion, operation and commercial development of the El Dorado International Airport in Bogotá, Colombia, with total estimated costs of the project of $1.2 billion. In a precedent-setting unified and multi-year transaction, the Inter-American Development Bank (IDB), China Development Bank (CDB)and Corporación Andina de Fomento (CAF), acting as senior lenders, joined to support the project as the single most important infrastructure project in Colombia. This represents the first time the three institutions have collaborated in a project financing.

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Tags:  Milbank LLP

Willkie Advises Goldman Sachs Mortgage Company on $1.85 Billion Secured Mortgage and Mezzanine Loans

As reported in the Wall Street Journal, on November 9 Willkie client Goldman Sachs Mortgage Company funded $1.85 billion of first mortgage and mezzanine loans secured by a portfolio of hotels owned by Kyo-ya Hotels & Resorts, LP, a subsidiary of Kokusai Kogyo K.K., a Japanese company, which is jointly owned by foreign and domestic funds, accounts and other entities controlled or managed by Cerberus Capital Management, L.P and/or Cerberus Real Estate Capital Management, LLC (55%) and Kokusai Kogyo Holdings K.K., an entity owned and controlled by Mr. Takamasa Osano and his family members and/or affiliated entities (45%).

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Tags:  Willkie Farr & Gallagher LLP | New York

Fulbright & Jaworski and Norton Rose Combine to Create Global Top 10 Legal Practice

Fulbright & Jaworski L.L.P. has entered into a landmark agreement to combine with Norton Rose in a global legal practice that will include 3,800 lawyers in 55 offices across the United States, Europe, Asia, Australia, Canada, Africa, the Middle East and Latin America. The transaction will be completed on June 1, 2013 under the global brand Norton Rose Fulbright.

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Tags:  Norton Rose Fulbright

Shearman & Sterling Advises SafeNet on Sale of Government Solutions Business

Shearman & Sterling is representing SafeNet, Inc. in its definitive agreement to sell its Government Solutions Business to an undisclosed buyer. The transaction, which is subject to customary closing conditions, including required regulatory approvals, is expected to close by the end of 2012. Financial terms of the agreement were not disclosed.

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Tags:  Shearman & Sterling LLP | New York