Axinn Acts as Global Coordinating Antitrust Counsel for Ball’s $6.85 Billion Acquisition of Rexam

Axinn, Veltrop & Harkrider LLP are acting as global coordinating antitrust counsel for Ball Corporation in its acquisition of Rexam PLC. The Axinn team is led by partners John Harkrider, Nick Gaglio and Mark Alexander and associates Irina Rodriguez, Eric Barstad, Christina Shin, Alexander Bergersen, James Goldfeier, Tracy Huang and Joe Antel. The European team is headed by John Boyce, Claire Jeffs and Jordan Ellison at Slaughter & May.

Tags:  New York

Teva Launches $1 Billion Debt Tender Offer

Willkie assists longtime pharmaceutical client in multi-tier waterfall structure.

Willkie client Teva Pharmaceutical Industries Ltd. recently commenced a tender offer to purchase for cash for a combined aggregate purchase price of up to $1 billion of five series of senior notes issued by finance subsidiaries of Teva and guaranteed by Teva. The tender offer includes a waterfall structure in four tranches, with additional tender caps at two tiers. More >>

Tags:  Willkie Farr & Gallagher LLP | New York

Lazard Group’s Registered Senior Debt Offering

Cravath represented Lazard Group LLC in connection with its US$400 million registered senior debt offering. Lazard is one of the world’s preeminent financial advisory and asset management firms. The transaction closed on February 13, 2015. More >>

Tags:  New York

Kirkland & Ellis Advises EMR Capital on Closing of US$450 Million EMR Capital Resources Fund 1

Kirkland & Ellis has advised EMR Capital, a specialist mining private equity manager, which recently closed EMR Capital Resources Fund 1. The fund was oversubscribed and closed with aggregate capital commitments of US$450 million. The fund, which will make investments in global metals and mining companies and projects, accepted commitments from a broad mix of global institutional investors, including endowments, foundations, family offices and fund of funds. More >>

Tags:  Kirkland & Ellis LLP | London | New York

Hess Corporation’s $4 Billion Credit Facility

Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a $4 billion five‑year revolving credit facility for Hess Corporation, a leading independent energy company engaged in the exploration and production of crude oil and natural gas with operations in more than a dozen countries. The transaction closed on January 21, 2015. More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Baker Botts Represents American Industrial Partners in Purchase of Anixter’s Fasteners Unit For $380 Million

Anixter International Inc. (NYSE: AXE) announced that it has entered into a definitive agreement to sell its OEM Supply – Fasteners (“Fasteners”) segment to American Industrial Partners (“AIP”) for $380 million in cash, subject to certain post-closing adjustments. The transaction, which was approved by Anixter’s Board of Directors, is expected to close during the second quarter of 2015, subject to customary closing conditions and regulatory approval. More >>

Tags:  Baker Botts L.L.P. | Houston | New York | Washington