Paul Hastings Represented GE Capital in Financing KPS Capital Partners Completed Acquisition of ThyssenKrupp Waupaca Through an Affiliate

Monday, July 2, 2012

Paul Hastings LLP, a leading global law firm, announced today that the firm represented GE Capital as joint lead arranger and sole administrative agent for a $260 million Term Loan B and $225 million ABL revolving credit facility in support of KPS Capital Partners LP’s acquisition of ThyssenKrupp Waupaca, Inc., the largest independent iron foundry in the world, from ThyssenKrupp Budd Company through a newly formed company, Waupaca Foundry Holdings, Inc. RBC Capital Markets and Wells Fargo Capital Finance will also act as lead arrangers for the financing of the acquisition.

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Tags:  Paul Hastings, LLP | New York

Drummond Woodsum Welcomes Attorney Alexandra Caulfield

Monday, July 2, 2012

We are pleased to welcome Alix Caulfield, one of the finest commercial finance transactional lawyers in the state of Maine, as a new member of Drummond Woodsum’s Banking and Commercial Finance Group. She brings extensive experience to the firm, representing a wide range of financial institution clients in a broad variety of financing transactions, including commercial real estate, construction and financings for operating businesses, financing of mergers and acquisitions and purchase of significant assets by businesses. She has been involved in many significant financing transactions occurring in the state of Maine over the past several years, and has also handled transactions in Massachusetts where she is also licensed and in New Hampshire. Prior to joining Drummond Woodsum, Alix practiced for over 20 years at another Portland law firm.

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Tags:  Drummond Woodsum

Norton Rose Advises Islamic Development Bank on Update to Its US$6.5 Billion Sukuk Programme

Monday, July 2, 2012

International legal practice Norton Rose Group has advised the Islamic Development Bank (IsDB) on the update of its US$6.5 billion Sukuk programme. A team from Dubai and London advised on updating the Trust Certificate Issuance Programme and a first drawdown under the updated programme. This included an issuance of US$800 million 1.357 per cent Trust Certificates due in 2019.

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Tags:  Norton Rose Fulbright | Dubai