Seyfarth Shaw LLP advised Puerto Rico Cable Acquisition Co., which does business as Choice Cable TV, in its sale to Liberty Global plc and Searchlight Capital Partners LP. The deal was valued at US $272.5 million. More >>
Tags: Seyfarth Shaw LLP | New YorkPaul Hastings Advises Banks in Financing the $8.7 Billion Acquisition of PetSmart by a Consortium led by BC Partners, The Largest LBO of the Year
Paul Hastings LLP, a leading global law firm, is representing the banks in connection with the financing of the $8.7 billion purchase of PetSmart, the largest specialty pet retailer of services and solutions for the lifetime needs of pets, by a consortium led by BC Partners. More >>
Tags: Paul Hastings, LLP | New YorkSimpson Thacher Represents the Initial Purchasers in $400 Million Senior Notes Offering by First Tennessee Bank National Association
The Firm represented Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and FTN Financial Securities Corp. as the initial purchasers in connection with the Section 3(a)(2) exempt offering of $400 million aggregate principal amount of 2.950% Senior Notes due 2019 by First Tennessee Bank National Association. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkShearman & Sterling Advises Lenders on Los Ramones Sur Gas Pipeline
Shearman & Sterling acted as lenders’ counsel for the Pemex and GDF Suez consortium in connection with the approximately $1.1 billion senior secured financing related to the development, construction, operation and maintenance of the Los Ramones Sur gas transportation system. The new system will be comprised of a new natural gas pipeline of approximately 291.5 km in length and 42 inches in diameter and approximately 15.5 km of 16 inch diameter pipeline to be located in central Mexico, commencing at the point of interconnection with the Los Ramones II (Norte) Project located in the Municipality of Villa Hidalgo in the State of San Luis Potosi and terminating at the interconnection point with the 36-inch diameter natural gas pipeline owned by PGPB located in the Municipality of Apaseo El Alto in the State of Guanajuato. More >>
Tags: Shearman & Sterling LLP | New YorkKirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company
Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock. More >>
Tags: Kirkland & Ellis LLP | Chicago | Houston | Los Angeles | New York | Palo Alto | San Francisco | Silicon Valley | WashingtonPaul Hastings Represents Real Estate Capital Asia Partners IV in the Formation of $850 Million Fund
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Real Estate Capital Asia Partners IV and its investment manager, SC Investment Management Pte. Ltd., in the formation of an $850 million private investment fund that will focus on real estate investment opportunities across the Asia Pacific region. The Fund held its final closing on December 5, 2014, raising capital from a diverse institutional investor base including, among others, public and private pension funds, endowments and private foundations. Paul Hastings also represented the Fund in establishing a $150 million subscription line credit facility. More >>
Tags: Paul Hastings, LLP | New YorkAlbemarle Corporation’s €700 Million Debt Offering
Cravath represented the managers, led by BofA Merrill Lynch, J.P. Morgan Securities and Wells Fargo Securities, in connection with the €700 million Regulation S debt offering of Albemarle Corporation, a leading global developer, manufacturer and marketer of highly engineered specialty chemicals across a diverse range of end markets. The notes were listed on the Irish Stock Exchange. The transaction closed on December 8, 2014. More >>
Tags: Cravath, Swaine & Moore LLP | New YorkSimpson Thacher Represents Underwriters in Initial Public Offering of Neff Corporation
Simpson Thacher represented the underwriters, led by joint bookrunners Morgan Stanley & Co. LLC, Jefferies LLC, Piper Jaffray & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, and co-manager, Wells Fargo Securities, LLC, in the initial public offering by Neff Corporation (“Neff”) of an aggregate of 10,476,190 shares of its Class A common stock. Neff also granted the underwriters a 30-day option to purchase up to an additional 1,571,428 shares of Class A common stock to cover over-allotments. The offering raised aggregate net proceeds of approximately $146 million. Neff’s Class A common stock is listed on the New York Stock Exchange under the symbol “NEFF” and opened for trading on November 21, 2014. Neff intends to use the net proceeds of the offering primarily to repay outstanding indebtedness. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkRopes & Gray Represents Belden Inc. in $710 Million Acquisition of Tripwire
Ropes & Gray advised Belden Inc. in its acquisition of Tripwire, a leading provider of advanced cybersecurity solutions, for $710 million. Based in St. Louis, Belden is a global leader in signal transmission solutions for mission-critical applications. The transaction was announced Dec. 9 and is expected to close in the first quarter of 2015, subject to customary closing conditions. More >>
Tags: Ropes & Gray LLP | New York | San FranciscoOrrick Advises Wells Fargo in Financing for Fortegra Acquisition
Orrick, Herrington & Sutcliffe LLP recently advised Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as lead arranger, in connection with the extension of a $140 million secured credit facility to Fortegra Financial Corporation (“Fortegra”) and its wholly-owned subsidiary, LOTS Intermediate Co. The primary purpose of the facility was to partially finance the acquisition of Fortegra by Tiptree Operating Company, LLC (“Tiptree”). The financing includes an amended and restated $140 million secured, five-year credit agreement and provides for a $50 million term loan facility and a $90 million revolving credit facility. More >>
Tags: Orrick, Herrington & Sutcliffe LLP | New York







