A combined team from Dechert’s London and Almaty offices has advised the Steering Committee of international creditors of JSC Alliance Bank, a Kazakhstan based bank, in connection with the restructuring of US$1.3 billion of its financial indebtedness. More >>
Tags: Dechert LLP | LondonDavis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities LLC, HSBC Bank USA, National Association, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and U.S. Bank National Association as joint lead arrangers, and JPMorgan Chase Bank, N.A. as administrative agent, in connection with the amendment and restatement of the term loan and revolving credit facilities provided to Fidelity National Information Services, Inc. (NYSE: FIS). Pursuant to the amendment and restatement, FIS repaid in full and terminated its existing facilities, and added $4.3 billion of new revolving commitments and term loans. More >>
Tags: New York | Washington
Leading international law firm Clifford Chance has advised BAIC Motor Corporation Limited on its US$1.42 billion H-share listing on the Hong Kong Stock Exchange. A total of 1.24 billion shares were offered at HK$8.90 per share, raising HK$11.03 billion. Proceeds will be used for investment into production facilities, new car development and to pay down debts. More >>
Tags: Clifford Chance LLP | Beijing | Hong Kong
Carrington Coleman is pleased to announce that Marc Myrin has joined the firm as a Partner. As Carrington Coleman continues implementing its plan for strategic growth to better serve its growing client base, Mr. Myrin will bring new capabilities to the firm and extend its existing capacity. Mr. Myrin is in the Real Estate and Transactions practices at Carrington Coleman. More >>
Tags: Carrington, Coleman, Sloman & Blumenthal, L.L.P. | Dallas
Cahill represented BofA Merrill Lynch and Deutsche Bank Securities as joint book-running managers in connection with the Rule 144A offering of $350,000,000 aggregate principal amount of 7.75% Senior Secured Notes due 2021, and $350,000,000 aggregate principal amount of 10% Senior Unsecured Notes due 2022 by Movie Escrow, Inc., to be merged with and into Global Cash Access, Inc., a global provider of cash access services and related equipment and services to the gaming industry. Proceeds from the offering will be used to acquire Multimedia Games, a rapidly growing provider of gaming machines and systems. More >>
Tags: Cahill Gordon & Reindel LLP | New York
U.S. Attorney for the District of Vermont Tristram J. Coffin of Shelburne will leave the federal government in January and join the northern New England law firm Downs Rachlin Martin PLLC.
Coffin announced his plan to return to private practice earlier today, and DRM Managing Partner Paul H. Ode, Jr., later confirmed that Coffin will join DRM as a director in the Burlington office, effective Jan. 12. More >>
Tags: Downs Rachlin Martin PLLCWillkie represents The Pantry, Inc. in deal to be acquired by Alimentation Couche-Tard Inc.
On December 18, Canadian convenience store leader Alimentation Couche-Tard Inc., which operates under the Circle K banner, announced it will acquire Willkie client The Pantry, Inc., which has more than 1,500 convenience stores in the southeastern United States, including the Kangaroo Express® chain. More >>
Tags: New YorkThe Firm represented Aramark in connection with an $840 million secondary offering, consisting of a sale by certain selling stockholders of 34,500,000 shares of common stock (including 4,500,000 shares sold pursuant to the underwriters’ full exercise of their option) at a public offering price of $28 per share. More >>
Tags: New York
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Sterling Value Add Partners II, L.P. and its sponsor, The Sterling Organization, LLC, in the formation of a $311 million private investment fund that will focus on acquiring and managing value-add retail and mixed-use real estate investments in various target markets in the United States. The Fund held its final closing on December 9, 2014, raising capital from a diverse investor base including, among others, public and private pension funds, endowments and private foundations. Paul Hastings also represented the Fund in establishing a $75 million subscription line credit facility. More >>
Tags: Paul Hastings, LLP | New York
Linklaters has advised the leading banks as Dutch energy-from-waste and water treatment facility operator AVR-Afvalverwerking B.V. establishes a structured secured debt issuance platform pursuant to which AVR has raised €130,000,000 of senior term and revolving credit facilities from its relationship lenders, US$75,000,000, £16,000,000 and €197,000,000 of US private placement notes and €23,000,000 of institutional term debt by way of a European private placement. The senior debt has been rated BBB+ by Fitch and is supported by a 5-year dedicated liquidity facility. More >>
Tags: Linklaters LLP | London