A Dentons team led by Tim Haney and including Lucas Tomei and Dan Shea acted as counsel for the underwriters in the successful completion of Keyera Corp.’s public offering of 3,750,000 common shares, as well as the sale of an additional 562,500 common shares pursuant to the over-allotment option exercised by the underwriters in connection with the public offering.
Tags: Dentons
Cahill represented the lead underwriters in connection with the public offering of 23,000,000 shares of Common Stock of Aramark (NYSE: ARMK), a leading global provider of food, facilities and uniform services, resulting in gross proceeds of $586,500,000. The selling stockholders received all of the proceeds of the sale.
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The Firm represented Aramark in connection with a $586.5 million secondary offering, consisting of a sale by certain selling stockholders of 23,000,000 shares of common stock (including 3,000,000 shares sold pursuant to the underwriters’ full exercise of their option) at a public offering price of $25.50 per share.
Tags: Simpson Thacher & Bartlett LLP
Carlton Fields Jorden Burt recently represented Intcomex, Inc. in the closing of a $150 million asset-backed, revolving loan facility. The transaction closed on January 10, 2014. This facility is secured by the accounts receivables of Intcomex’s foreign subsidiaries located in nine different jurisdictions in Latin America.
Tags: Carlton Fields, P.A.
Herbert Smith Freehills is pleased to announce that the firm has advised Range Resources Limited on its Integrated Master Services Agreement with LandOcean Energy Services Co. Ltd.
Under the services agreement, LandOcean is a preferred services contractor for Range Resources and will provide oilfield services including geoscience, engineering, procurement and construction to Range in order to development its upstream assets. In addition, LandOcean will be entitled to a bonus where its services increase petroleum production in Range Resources’ upstream assets. The services agreement is estimated to cover a total of up to US$400 million in services.
Tags: Herbert Smith Freehills LLP
Orrick advised Sberbank CIB as the arranger on a complex refinancing for MLP Group, a leading warehouse distribution operator in Russia and Ukraine. The $500+ million financing was split into two concurrent secured facilities. MLP operates over 730 sq.m. of industrial warehouse facilities, including two facilities near Moscow and Saint Petersburg and one near Kyiv, Ukraine.
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Simpson Thacher represented the initial purchasers, led by joint book-running managers, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, in the sale of an aggregate principal amount of $350 million 5.000% Senior Notes due 2022 by Group 1 Automotive, Inc. (the “Company”). The notes are guaranteed on an unsecured senior basis by each of the Company’s existing and future domestic restricted subsidiaries that are guarantors or borrowers under the Company’s Revolving Credit Facility, which includes substantially all of the Company’s existing domestic subsidiaries. The Company intends to use the net proceeds from the offering of the Notes, together with net proceeds from the termination of certain options and warrants, to finance the purchase of the Company’s 3.00% Convertible Senior Notes due 2020 pursuant to a tender offer therefor, to repay amounts outstanding under the acquisition line of the Company’s Revolving Credit Facility and for working capital requirements and general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP
Shumaker, Loop & Kendrick, LLP announced today that it served as counsel to Health Care REIT, Inc. in the largest overnight marketed SEC registered stock offering by any company thus far in 2014 based on total gross proceeds. The Shumaker team was led by Mary Ellen Pisanelli, Partner and Co-Chair of the REIT Practice Group, with the assistance of Greg Shope, Zach Madden and Barb Rivas.
Tags: Shumaker, Loop & Kendrick LLP