Paul Hastings Represents DFS Deutsche Flugsicherung GmbH Leasing Transaction Restructure

Paul Hastings LLP, a leading global law firm, announced today that the firm represented DFS Deutsche Flugsicherung GmbH which owns the majority of Germany’s air traffic control network, on the restructuring of a US cross-border leasing transaction set up in 2003 with a value over US$1 billion. The Federal Republic of Germany is the sole shareholder of DFS Deutsche Flugsicherung GmbH.

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Tags:  Paul Hastings, LLP

Clifford Chance Advised Lead Manager on KfW Issue of Bonds with a Volume of 1 Billion Renminbi

Clifford Chance advised Hongkong and Shanghai Banking Corporation Limited who acted as lead manager in connection with the issue of bonds with a total volume of 1 billion Renminbi by KfW. The transaction is part of the KfW issue programme and is the first bond issued by KfW in the Chinese currency. The bond bears interest at a rate of 2% p.a. and its maturity is two years.

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Tags:  Clifford Chance LLP | Hong Kong

Davis Polk – Covidien plc $1.25 Billion Senior Notes Offering

Davis Polk advised BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $600 million aggregate principal amount of 1.35% senior notes due 2015 and $650 million aggregate principal amount of 3.2% senior notes due 2022, issued by Covidien International Finance S.A. and guaranteed by Covidien plc and Covidien Ltd.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – PIMCO Dynamic Income Fund Initial Public Offering

Davis Polk advised Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC as representatives of the several underwriters on the $1.015 billion SEC-registered initial public offering of 40,600,000 shares of common stock of PIMCO Dynamic Income Fund. The shares are listed on the New York Stock Exchange under the symbol “PDI.”

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Tags:  Davis Polk & Wardwell LLP | New York

HFW Strengthens Its Corporate and Regulatory Teams with Hires from Dewey & LeBoeuf

Holman Fenwick Willan (HFW) is delighted to announce the recruitment of ">James Lewis and ">Robert Finney as Partners from the London office of Dewey & LeBoeuf.

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Tags:  Holman Fenwick Willan LLP

Milbank Represents International Lenders in $378 Million Financing of Major Gas Pipeline in Chihuahua, Mexico

In its latest large-scale project finance transaction in Latin America, law firm Milbank, Tweed, Hadley & McCloy has represented a group of international lenders in financing a 237-mile, 36-inch natural gas transmission pipeline being laid in the Mexican state of Chihuahua, with an interconnection point at the US / Mexico border. The debt provided was a US$378 million facility, while total project costs for the pipeline – expected to bring US supplies of natural gas to several Mexican states – are estimated at US$472 million.

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Tags:  Milbank LLP | Mexico City