Simpson Thacher represented GTP Acquisition Partners I, LLC (“GTP Acquisition Partners”) and certain other asset entities formerly owned by Global Tower Partners, which American Tower Corporation (“AMT”) acquired in 2013, in the offering of $875 million aggregate principal amount of American Tower Secured Revenue Notes by GTP Acquisition Partners. The Notes were issued in two series, $350 million principal amount of Series 2015-1, Class A Notes having an anticipated maturity of 5 years and $525 million principal amount of Series 2015-2, Class A Notes having an anticipated maturity of 10 years. The proceeds from the offering were primarily used to repay all outstanding amounts under existing notes issued by GTP Acquisition Partners, plus prepayment consideration and other related costs and expenses. Barclays Capital Inc. served as sole structuring advisor and lead bookrunner. The offering closed on May 29, 2015. More >>

Milbank, Tweed, Hadley & McCloy LLP represented the initial purchasers, led by Citigroup Global Markets Inc., in the $1.02 billion offering of enhanced equipment trust certificates (EETC) backed by 17 aircraft by LATAM Airlines Group S.A. (LATAM). This is the first aircraft-backed EETC in South America and one of only six non-U.S. airlines to issue a modern EETC.

The offering was split between two tranches of $845,213,000 aggregate face amount of 4.200% class A pass through trust certificates and $175,610,000 aggregate face amount of 4.500% class B pass through trust certificates. More >>

Seyfarth Shaw LLP announced today the arrival of partner Gabriel Monzon-Cortarelli to the firm’s Corporate department in New York. Monzon-Cortarelli joins Seyfarth from Greenberg Traurig LLP where he was a shareholder in the Corporate & Securities practice and headed the firm’s Italian Desk.

Monzon-Cortarelli’s practice is focused on corporate, corporate finance and commercial transactions involving public and privately held US, European and Latin America companies. Specifically, he handles complex cross-border mergers, joint ventures and strategic alliances involving US, European and Latin America businesses. In addition, he advises on international capital market offerings for European and Latin American issuers and underwriters. More >>

The Firm represented Hilton Worldwide Holdings Inc. in connection with a $2.7 billion secondary offering by certain selling stockholders affiliated with The Blackstone Group L.P., consisting of 90,000,000 shares of common stock at a public offering price of $29.85 per share. More >>