Kirkland & Ellis Advises Citigroup and Barclays on the $130 Million Offering of Senior Secured Notes by an Affiliate of Swissport International Ltd.

Kirkland & Ellis International LLP represented Citigroup Global Markets Inc. and Barclays Bank PLC as initial purchasers in the offering by Aguila 3 S.A., the parent company of Swissport International Ltd., of $130,000,000 of its 7? Senior Secured Notes due 2018. The transaction closed on May 15, 2012. The net proceeds will be used by Swissport to complete its acquisition of Flightcare, S.L. and Flightcare Belgium, N.V.

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Shearman & Sterling Advises on $300 Million 4.375% Senior Notes of Banco do Nordeste do Brasil S.A.

Shearman & Sterling represented HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead bookrunners, and Banco Espirito Santo de Investimento S.A. and Banco BTG Pactual S.A. – Cayman Branch, as co-managers, in connection with a 144A/Regulation S offering of $300,000,000 aggregate principal amount of 4.375% Senior Notes due 2019 by Banco do Nordeste do Brasil S.A.

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Shearman & Sterling Advises on $500 Million DIP Financing

Shearman & Sterling advised Citigroup Global Markets Inc. as lead arranger and bookrunner in connection with a $500 million debtor-in-possession and exit financing for Houghton Mifflin Harcourt Publishers Inc. (the “Company”) and certain of its affiliates. The financing is in conjunction with a pre-arranged bankruptcy filing of the Company and certain of its affiliates and consists of an asset-based revolving credit facility secured by a first lien on certain current assets and a term loan facility secured by a first lien on the other assets.

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Dechert Advises Carlson Wagonlit Travel on Key High-Yield Offering

International law firm Dechert LLP advised long standing client Carlson Wagonlit Travel, a global leader specialising in managing business travel and meetings and events, on its issuance of US$465 million 6.785% Senior Secured Notes due 2019 and €300 million 7.500% Senior Secured Notes due 2019. The lead initial purchaser was JP Morgan, and co-leads were BNP Paribas, Jefferies, Lloyds and Morgan Stanley.

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