McGuireWoods Expands Debt Finance Department in Charlotte

McGuireWoods LLP announced today the addition of four partners to its debt finance practice group in Charlotte. Attorneys Eric Burk, Jim Hedrick, David Lapp and Kent Walker, from the Charlotte office of Winston & Strawn LLP, will expand McGuireWoods’ debt capital markets depth and capabilities by continuing their representation of clients in a variety of syndicated finance and corporate lending matters.

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McDermott Advises Valassis in $400 Million Refinancing of Senior Secured Credit Facility

International law firm McDermott Will & Emery LLP today announced that it successfully represented Valassis Communications, Inc. (NYSE: VCI), one of the nation’s leading media and marketing services companies, in connection with the refinancing of its senior secured credit facility.  Valassis obtained a $400 million senior secured credit facility arranged by J.P. Morgan, Merrill Lynch and Royal Bank of Scotland. The facilities consist of a $300 million Term Loan A and a $100 million revolving line of credit.

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Four Member White-Collar Litigation Team Joins Pillsbury’s D.C. Office

Four white-collar litigators, including partners William M. Sullivan, Jr. and G. Derek Andreson and two associates, have joined Pillsbury’s Washington, DC office. The team, which comes from Winston & Strawn, adds significant depth to Pillsbury’s Corporate Investigations & White Collar Defense group on the East Coast. Sullivan will join current New York partner Mark Hellerer as co-head of the Firm’s 25-member White-Collar practice group.

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Tags:  Pillsbury Winthrop Shaw Pittman LLP

Davis Polk Advises Marsh & McLennan Companies on Tender Offers and Concurrent Senior Notes Offering

Davis Polk advised Marsh & McLennan Companies, Inc. on its cash tender offers for an aggregate of $600 million outstanding principal amount of its 5.375% notes due 2014 and 5.75% notes due 2015. Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. acted as dealer managers for the tender offers. Davis Polk also advised Marsh & McLennan Companies in connection with a concurrent SEC-registered offering of $500 million aggregate principal amount of 4.8% senior notes due 2021. The proceeds from the senior notes offering were used to partially fund the tender offers. Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC acted as joint book-running managers for the senior notes offering.

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Tags:  Davis Polk & Wardwell LLP