Shearman & Sterling represented InRetail Perú Corp., a multi-format retail and real estate company and the retail arm of Intercorp Perú Ltd., in connection with its Rule 144A/Regulation S offering of US$400 million of common shares (excluding an over-allotment option granted to the Initial Purchasers). The common shares are listed on the Lima Stock Exchange.
Tags: Shearman & Sterling LLP | New York
Clayton Utz has acted for Queensland Treasury Holdings (QTH) on its A$1.5 billion sell-down of shares in ASX-listed QR National Limited. Clayton Utz was retained by QTH to advise it on the sell-down, which comprised a A$0.5 billion block trade to institutional investors that settled yesterday, and a A$1 billion buy-back by QR National (subject to shareholder approval).
Tags: Clayton Utz
McGuireWoods LLP announced the addition of Jeffrey A. Gollomp and Bryce D. Linsenmayer, who have joined the firm’s energy team in Houston as partners.
Tags: McGuireWoods LLP | Houston
Global law firm White & Case LLP represented Calpine Corporation in obtaining a new $835 million term loan. The first lien senior secured term loan amortizes at a rate of 1 percent per year, bears interest at LIBOR plus 3.25 percent per annum (subject to a LIBOR floor of 1.25 percent) and matures in 2019 and will be used to redeem the currently callable portion of its outstanding corporate-level senior secured notes and retire a project-level term loan facility.
Tags: White & Case LLP | New York
A team of lawyers from global law firm K&L Gates LLP is advising Deutsche Telekom/T-Mobile USA in a proposed $1.5 billion cash, stock, and debt restructuring deal to combine its T-Mobile USA unit with Texas-based wireless service provider MetroPCS Communications, Inc. If approved, the deal would result in Deutsche Telekom owning a 74 percent stake and MetroPCS shareholders receiving cash and 26 percent ownership in the combined company.
Tags: K&L Gates LLP
Robert W. Karr, Jr. has joined Masuda Funai’s Chicago office as a Principal in the firm’s Business Group.
Tags: Masuda, Funai, Eifert & Mitchell, Ltd.Shearman & Sterling advised Citigroup Global Markets Inc., JPMorgan Securities LLC, Merrill Lynch, Pierce Fenner & Smith Incorporated, Barclays Bank Plc, Morgan Stanley Senior Funding, Inc. and RBC Capital Markets as lead arrangers and bookrunners in connection with a $2.3 billion three-year revolving credit facility for International Lease Finance Corporation.
Tags: Shearman & Sterling LLP | New York
International law firm Freshfields Bruckhaus Deringer has advised Innovation Network Corporation of Japan (INCJ) and Nihon Inter Electronics Corporation (NIEC) in their capacity for co-leading a US$35m Series E financing for Transphorm, a California-based developer of ultra-efficient power conversion technology.
Tags: Freshfields LLP
Paul Hastings LLP, a leading global law firm, announced today that the firm represented ArcLight Capital Partners, an energy focused private equity firm, and its affiliates, in the sale of Cinco Pipe & Supply, LP, a distributor of oil country tubular goods and related services, to Mitsui & Co. (U.S.A.), Inc. for $65 million in cash and the payment of $82 million of Cinco’s indebtedness.
Tags: Paul Hastings, LLP | HoustonPaul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada as administrative agent and arranger in connection with the amendment and restatement of each of the first lien and second lien credit facilities of Transtar Holding Company for purposes of, among other things, repricing and extending the maturity of the term loans and revolving commitments and creating additional term loans that increased the size of the first lien credit facilities to $370 million and the size of the second lien term loan facility to $140 million.
Tags: Paul Hastings, LLP | New York