Polsinelli Shughart welcomes Clifton M. Dugas II as a shareholder in the firm’s Dallas office. Dugas concentrates his practice on real estate transactional, real estate finance, asset management, and loan workout, enforcement, restructuring and modification matters. Prior to joining Polsinelli Shughart, Dugas served as general counsel for Lantern Asset Management in Dallas, Texas.
Tags: Polsinelli PC | Dallas
In a key deal supporting Mexico’s exploration of its offshore energy reserves, Milbank, Tweed, Hadley & McCloy has represented an international lender group in arranging a $547 million loan for the financing of a new-generation deepwater drilling rig to be used for oil exploration in the Gulf of Mexico.
Tags: Milbank LLP | Mexico CityInternational law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Robert W. Mullen, Jr., represented Nippon Telegraph and Telephone (“NTT”) in its global offering of US$750 million 1.4% Notes due 2017. This was the first registered offering by NTT in 14 years and was priced with the lowest coupon in the Yankee space.
Tags: Milbank LLP | TokyoInternational law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Robert W. Mullen, Jr., represented the Government of Bermuda (“Bermuda”) in its Rule 144A/Regulation S global offering of US$475 million 4.138% senior notes due 2023. The offering achieved the lowest fixed rate bond yield ever for Bermuda. The notes were dual listed on the Luxembourg and the Bermuda Stock Exchanges.
Tags: Milbank LLP | New York
International law firm Berwin Leighton Paisner (BLP) has announced that it has hired energy project finance specialist, Nomita Nair, as a partner in its Finance practice in Singapore. As well as adding strength to the projects team, Nomita’s appointment reinforces the firm’s strategic intention to develop strong infrastructure, energy and oil and gas capabilities on a global scale.
Tags: Berwin Leighton Paisner LLP | Singapore
A team of Haynes and Boone, LLP attorneys from four offices advised Panda Power Funds on the completion of secured financing to develop a natural gas-fired power plant in Temple, Texas. This generation will be important to the Electric Reliability Council of Texas, Inc. (ERCOT) power region in adding much-needed new capacity as a result of rapidly declining reserve margins.
Tags: Haynes and Boone, LLP | Austin
DLA Piper announced today that Franklin D. Kang has joined the Intellectual Property and Technology and Korea practices as a partner in the Los Angeles office.
Tags: DLA Piper | Los Angeles
Helana A. Darrow has joined Frost Brown Todd as a member in the employee benefits practice area. Prior to joining the firm, Darrow was a partner with Dinsmore & Shohl. She has experience in all aspects of employee benefits and executive compensation including: counseling clients on the design, implementation, administration, operation and termination of employee benefit plans. She also represents clients before the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation.
Tags: Frost Brown Todd LLP
Davis Polk is advising CNOOC Limited on its approximately $15.1 billion acquisition of Nexen. The transaction, which has been unanimously approved by the boards of directors of both companies, will be completed by way of scheme of arrangement and is expected to close in the fourth quarter of 2012.
Tags: Davis Polk & Wardwell LLP | BeijingDavis Polk advised Credit Suisse AG, as administrative agent, and Credit Suisse Securities (USA) LLC, as lead arranger, in connection with an amendment to Walter Investment Management Corp.’s existing first-lien senior secured credit facility, which amendment provided for an increase in the size of Walter Investment’s revolving credit facility from $45 million to $100 million.
Tags: New York