Paul Hastings Representing Equity LifeStyle Properties in $1.43 Billion Real Estate Portfolio Acquisition

Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it is representing Equity LifeStyle Properties, Inc. in connection with the company entering into purchase and other agreements with certain affiliates of Hometown America, L.L.C. to acquire a portfolio of 76 manufactured home communities located in 16 states and certain manufactured homes and loans secured by manufactured homes, for a stated purchase price of $1.43 billion.

More >>

Tags:  Paul Hastings, LLP

Shearman & Sterling Advises Underwriters in Connection with IPO of Kosmos Energy Ltd.

Shearman & Sterling represented Citigroup Global Markets Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC as joint book-running managers and BNP Paribas Securities Corp., SG Americas Securities, LLC, Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., Natixis Bleichroeder LLC, Jefferies & Company, Inc., RBC Capital Markets, LLC and Howard Weil Incorporated as co-managers in connection with Kosmos Energy Ltd.’s $594,000,000 initial public offering of 33,000,000 common shares. The shares are listed on the New York Stock Exchange under the symbol “KOS.”

More >>

Tags:  Shearman & Sterling LLP

Milbank Represents Lenders in Financing of 660-MW Transmission Project

The international law firm Milbank, Tweed, Hadley & McCloy LLP, led by Jonathan Green, co-chair of the Firm’s Global Project Finance Group, represented institutional and bank lenders in the debt and equity financing of more than $850 million for construction of the 660-MW Hudson Transmission Project, an underwater transmission cable connecting New Jersey and Manhattan. The Hudson Project was developed by Hudson Transmission Partners LLC. Equity financing for the Hudson Project was provided by private equity funds managed by Energy Investors Funds and Starwood Energy Group Global, LLC. SG Americas Securities, LLC and RBS Securities, Inc. acted as placement agents for the financing.

More >>

Tags:  Milbank LLP

Davis Polk – Caterpillar Inc. $4.5 Billion Acquisition Financing

Davis Polk advised J.P. Morgan Securities LLC, Barclays Capital Inc. and RBS Securities Inc. as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Caterpillar Inc. of $4.5 billion aggregate principal amount of notes. The notes were issued in five tranches: $500 million principal amount of floating-rate notes maturing in 2012, $750 million principal amount of floating-rate notes maturing in 2013, $750 million principal amount of 1.375% notes maturing in 2014, $1.25 billion principal amount of 3.9% notes maturing in 2021, and $1.25 billion principal amount of 5.2% notes maturing in 2041. Caterpillar will use the net proceeds from the sale of the notes to fund a portion of the cash consideration payable in connection with its acquisition of Bucyrus International Inc. for $8.6 billion. In the event that the Bucyrus acquisition is not consummated on or prior to June 30, 2012 or the merger agreement is earlier terminated, Caterpillar will redeem the notes at a redemption price equal to 101% of the principal amount, plus accrued interest.

More >>

Tags:  Davis Polk & Wardwell LLP

Freshfields Advises Braathens Leasing and Malmo Aviation on Significant Jetliner Order

International law firm Freshfields Bruckhaus Deringer has advised Braathens Leasing and Malmo Aviation, two companies part of Braathens Aviation, a long established and well known Nordic based transportation group with various interests in the aviation sector, on an order for five Bombardier CS100 and five CS300 mainline jetliners, plus options on an additional 10 CSeries aircraft to Braathens Leasing Limited.

More >>

Tags:  Freshfields LLP