Akin Gump advised Gulfport Energy Corporation in an offering of $300 million aggregate principal amount of its 7.750 percent senior notes due 2020 at an issue price of 106 percent of the aggregate principal amount of the notes. The notes were sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.
Tags: Akin Gump Strauss Hauer & Feld LLPPaul Hastings Represents Banks in Financing the Acquisition of ValleyCrest by Brickman Group
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Jefferies Finance LLC, Macquarie Capital (USA) Inc., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and Nomura Securities International, Inc. as lead arrangers and joint bookrunners in connection with the financing for the acquisition of landscaping company ValleyCrest Holding Co. by KKR-backed landscaping company The Brickman Group Ltd.
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Paul Hastings Represents Underwriters in US$500 Million Guaranteed Bond Offering for Shanghai Electric
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Goldman Sachs (Asia) L.L.C., Deutsche Bank AG, Singapore Branch, J.P. Morgan Securities plc, Barclays Bank PLC, BNP Paribas, Hong Kong Branch, Guotai Junan Securities (Hong Kong) Limited, Huatai Financial Holdings (Hong Kong) Limited, ICBC International Securities Limited and ICBC International Capital Limited as counsel to the joint lead managers and joint bookrunners in the issuance by Shanghai Electric Group Global Investment Limited of the US$500 million 3.000% guaranteed bonds due 2019 guaranteed by Shanghai Electric (Group) Corporation (“Shanghai Electric”). The bonds are listed on the Singapore Exchange.
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Simpson Thacher Represents Daiwa Capital and ING Bank in Connection with the Offering of US$120 Million Principal Amount of Credit Enhanced Currency Linked Zero Coupon Convertible Bonds by Neo Solar Power Corporation
Simpson Thacher recently represented Daiwa Capital Markets Hong Kong Limited and ING Bank N.V., Hong Kong Branch, in connection with the offering of US$120 million Credit Enhanced Currency Linked Zero Coupon Convertible Bonds (the “Bonds”) of Neo Solar Power Corporation (“Neo Solar”). Payments of the principal of and premium on the Bonds at maturity or upon redemption or repurchase will have the benefit of an irrevocable standby letter of credit issued by ING Bank N.V., acting through its Taipei Branch. The Bonds are listed on the Singapore Stock Exchange.
Tags: Simpson Thacher & Bartlett LLPShearman & Sterling Advises on $1.5 Billion Financing for Pall Corporation
Shearman & Sterling advised Pall Corporation as borrower in connection with a $1.5 billion unsecured credit facility arranged by Bank of America Merrill Lynch, J.P. Morgan Securities LLC, HSBC Bank USA, National Association and Wells Fargo Securities, LLC.
Tags: Shearman & Sterling LLPUnion Pacific’s Registered Debt Offering
Cravath represented the underwriters, led by BofA Merrill Lynch, J.P. Morgan Securities and Morgan Stanley, in connection with the US$700 million registered debt offering of Union Pacific Corporation, owner of one of America’s leading transportation companies. The transaction closed on August 12, 2014.
Tags: Cravath, Swaine & Moore LLPKirkland & Ellis Represents Blackstone and Vine Oil & Gas on $1.2B Deal for Haynesville Assets of Royal Dutch Shell
Kirkland & Ellis LLP represents Blackstone (BX) and Vine Oil & Gas LP, a recently formed exploration and production company headquartered in Dallas, Texas, which today announced a definitive agreement to acquire the Haynesville assets of SWEPI LP and Shell Gulf of Mexico Inc., affiliates of Royal Dutch Shell plc, for $1.2 billion. The assets comprise over 107,000 net acres in North Louisiana in the core of the Haynesville Shale natural gas shale basin. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to close in the fourth quarter of 2014.
Tags: Kirkland & Ellis LLPGoodwin Procter Advises TA Associates Management L.P. on its Majority Investment in Tectum Holdings
Milbank Represents Lead Arrangers in Clayton, Dubilier and Rice’s €1.2B Acquisition of Mauser Group
Milbank represented Credit Suisse, Barclays, BNP Paribas, ING, Natixis and Nomura as joint lead arrangers and joint bookrunners for the first and second lien senior secured credit facilities in connection with the €1.2 billion acquisition by Clayton, Dubilier and Rice of the Mauser Group, a worldwide leading company in industrial packaging headquartered in Germany.
Tags: Milbank LLPRopes & Gray Advises Investment Banks in Connection with €1.45 Billion Financing
Ropes & Gray LLP advised Goldman Sachs, Deutsche Bank and Nordea in connection with the €1.45 billion financing of Nordic Capital’s acquisition of a majority stake in Norway-based Lindorff, one of Europe’s leading providers of debt-related administrative services.
Tags: Ropes & Gray LLP