Cooley LLP announced that it advised Web.com (NASDAQ: WWWW) on its $800 million acquisition financing, consisting of a $650 million First Lien Senior Secured Credit Facility and a $150 million Second Lien Senior Secured Credit Facility.  Web.com completed its acquisition of Network Solutions on October 27, 2011.  The First Lien Credit Facility consisted of a $600 million six-year First Lien Term Loan and a $50 million Revolving Credit Facility.  The Second Lien Credit Facility consisted of a seven-year Second Lien Term Loan.  Web.com used the net proceeds of the Credit Facilities to finance a portion of its acquisition of privately held Network Solutions and pay off Web.com’s previous loan facility, and related fees and expenses.

The global law firm Jones Day has announced that Martin Gates has joined the Cleveland Office as a partner in the Banking & Finance Practice. He was formerly a partner with Calfee, Halter & Griswold.

Ralph S. Tyler, most recently Chief Counsel of the Food and Drug Administration and former Insurance Commissioner of the State of Maryland has joined Venable.  He will work out of both the Baltimore and Washington, DC offices.