Cravath represented AerCap Holdings N.V. in connection with its US$3.49 billion registered secondary offering of ordinary shares. AerCap Holdings N.V. is the world’s largest independent aircraft leasing company. AerCap Holdings N.V. also agreed to repurchase US$750 million of its ordinary shares from the selling shareholder. The shares were listed on the New York Stock Exchange. The transaction closed on June 9, 2015. More >>

Debevoise & Plimpton LLP is advising Evercore Partners as financial advisor to Tokio Marine Holdings, Inc. in its acquisition of 100% of the outstanding shares of HCC Insurance Holdings, Inc., a U.S. insurance holding company comprising property & casualty, accident & health and other specialty insurance businesses, through TMHD’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. The transaction is valued at $7.5 billion. More >>

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 >>

Davis Polk advised the several underwriters in connection with an SEC-registered offering by Atlas Air Worldwide Holdings, Inc. of $224.5 million aggregate principal amount of its 2.25% convertible senior notes due 2022, which included $24.5 million aggregate principal amount of convertible senior notes issued pursuant to the partial exercise of the underwriters’ over-allotment option. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions entered into by Atlas Air in connection with the offering. More >>

Hunton & Williams LLP advised Barclays Capital Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint-booking running managers on an SEC registered offering by Xcel Energy Inc. (“Xcel”) of $250 million aggregate principal amount of senior notes due 2017 and $250 million aggregate principal amount of senior notes due 2025. More >>

Paul, Weiss represented The Wendy’s Company in connection with its $2.275 billion whole business securitization of its franchise system. Wendy’s Funding, LLC issued securitization notes, rated BBB by Standard & Poor’s Rating Services, which, among other things, enabled the company to refinance its existing debt and return cash to shareholders. Guggenheim Securities acted as representative of the several initial purchasers of the notes. Notable legal issues of interest included structuring around covenants associated with existing debentures that were left outstanding, the contribution to the securitization entities of all domestic and international, excluding Canada, franchise assets, certain company-operated restaurant assets, over 600 owned real properties and substantially all worldwide intellectual property and drafting disclosure related to the foregoing.

The Paul, Weiss team included financing partners Valerie Radwaner and Jordan Yarett; securities partners Brian Janson and John Kennedy and counsel Phil Heimowitz; intellectual property counsel Claudine Meredith-Goujon; employee benefits partner Lawrence Witdorchic; tax partners Richard Bronstein and Jeffrey Samuels and counsel Alyssa Wolpin; bankruptcy partner Alice Eaton; and real estate partner Peter Fisch.