Wragge & Co’s energy and infrastructure finance experts have advised HSBC Bank plc on a $300 million loan facility for the merged entity of two listed exploration and production (E&P) companies – Melrose Resources and Petroceltic International.
Tags: Gowling WLG
Simpson Thacher recently represented Algeco Scotsman, a portfolio company of TDR Capital, in its issuance and sale of $1,075,000,000 aggregate principal amount of 8.50% Senior Secured Notes due 2018, €275,000,000 aggregate principal amount of 9.00% Senior Secured Notes due 2018 and $745,000,000 aggregate principal amount of 10.25% Senior Unsecured Notes due 2019 pursuant to Rule 144A and Regulation S, and the entry into a $1,200,000,000 global multi-currency asset-based credit facility by subsidiaries of Algeco Scotsman located in the United States, Canada, the United Kingdom, Australia and New Zealand. Algeco Scotsman used the proceeds of the offerings and borrowings under its new credit facility to refinance its existing debt facilities and finance the contribution of Ausco Modular to Algeco Scotsman by TDR Capital.
Tags: Simpson Thacher & Bartlett LLP | New York
Linklaters has advised PWC, the administrators of Lehman Brothers International (Europe) (LBIE), on a critical milestone in the Lehman Brothers administration.
Tags: Linklaters LLP
Cahill represented the initial purchasers in connection with the Rule 144A/Reg S offering of $1,750,000,000 6.375% Senior Notes due 2020 for VPI Escrow Corp., the proceeds of which will be used to partially finance the acquisition of drug maker Medicis Pharmaceutical Corporation. The obligations of VPI Escrow Corp. under the notes will be assumed by Valeant Pharmaceuticals International upon the consummation of Valeant’s acquisition of Medicis.
Tags: Cahill Gordon & Reindel LLP | New York
On October 4, Skadden won two matters for Christie’s Inc. in connection with litigation brought by billionaire William I. Koch.
Tags: Skadden, Arps, Slate, Meagher & Flom LLPIn what is the first Indonesian coal mining group to be listed in the last five years, Stamford Law played a key role in advising Geo Energy Resources Limited on its listing on the Mainboard of the SGX-ST. The Geo Energy Group is a coal mining group with business operations and coal mining concession in Indonesia. The initial public offering of shares is expected to raise approximately S$94 million. Based on the invitation price of S$32.5 cents, the Company’s market capitalisation at listing is expected to be approximately S$376 million.
Tags: Singapore
Global legal practice Squire Sanders announces that it has expanded its Middle East practice through the acquisition of El-Khoury & Partners MENA business, which formerly operated in Saudi Arabia as EK Partners & Al-Enezee. The acquisition has strengthened Squire Sanders’ presence in the region as it now opens a fully integrated office in Riyadh operating as Al-Enezee in association with Squire Sanders.
Tags: Squire Patton Boggs
Manatt, Phelps & Phillips, LLP, today announced that Harry W.R. Chamberlain II has joined the firm’s Sacramento office as a partner in the Litigation Division. Chamberlain comes to Manatt from Buchalter Nemer in Los Angeles.
Tags: Manatt, Phelps & Phillips, LLP
Global law firm White & Case LLP represented Calpine Corporation in its US$432 million purchase of a 800-megawatt power plant from Bosque Power Co., LLC. The natural gas-fired, combined-cycle plant is located in Central Texas near the unincorporated community of Laguna Park in Bosque County.
Tags: White & Case LLP | New York
Scott R. Miller has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group, based in the firm’s Los Angeles office. Miller joins Sheppard Mullin from Connolly Bove Lodge & Hutz, where he was partner-in-charge of the firm’s Los Angeles office and a member of the firm’s management committee.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Los Angeles