Paul Hastings LLP, a leading global law firm, announced today that the firm acted as counsel to joint bookrunners UBS Investment Bank, Citigroup, Barclays, BofA Merrill Lynch, Credit Agricole CIB, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, RBC Capital Markets and RBS in connection with the issuance of $2.6 billion of senior notes by AerCap Ireland Capital Limited and AerCap Global Aviation Trust to finance the $5.4 billion acquisition of International Lease Finance Corporation by AerCap Holdings N.V., a leading aircraft leasing company, from American International Group. More >>
Tags: Paul Hastings, LLP | New YorkMilbank Represents Goldman Sachs in $1,087.5M Financing for McDermott
Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs Lending Partners LLC as sole lead arranger and sole bookrunner in connection with a $300 million senior secured first-lien term loan facility for McDermott Finance L.L.C., a subsidiary of McDermott International, Inc. (NYSE: MDR) (“McDermott”), and Goldman, Sachs & Co. as sole book-running manager in connection with an offering of $500 million of senior secured second-lien notes by McDermott and an offering of tangible equity units by McDermott generating gross proceeds of $287.5 million. The transactions closed in April 2014. Concurrently with the transactions, McDermott also obtained a $400 million senior secured first-lien letter of credit facility.
Tags: McDermott Will & Emery LLP | New YorkGlobal Dentons team closes US$210 million facility for Apollo Commercial Real Estate Finance affiliate
A global team comprised of partners, counsel and associates from Canada, UKMEA and the US closed a US$210 million senior secured credit facility for an affiliate of Apollo Commercial Real Estate Finance, Inc., relating to a portfolio consisting of high-end and luxury condos, homes and apartments. This five-year deal includes 229 properties and is secured by both real property and equity pledges from sponsors across 10 US states, as well as Canada, the UK, Turks and Caicos, the Bahamas, Costa Rica, Mexico, Grand Cayman and the British Virgin Islands. This global portfolio is available for short-term rental by individuals who purchase memberships starting at US$150,000 plus annual fees to stay in luxury locations around the world. More >>
Tags: Dentons | New YorkMilbank Represents Initial Purchasers in $750M High-Yield Offering by Signode Industrial Group
In a noteworthy private equity financing transaction, Milbank, Tweed, Hadley & McCloy LLP represented the initial purchasers in a $750 million high-yield debt offering issued to help finance the buyout of Signode Industrial Group by leading private equity investor The Carlyle Group.
Tags: Milbank LLP | New YorkWhite & Case Advises Zimmer Holdings in $13.35 Billion Acquisition of Biomet
Global law firm White & Case LLP has advised Zimmer Holdings, Inc. (NYSE and SIX: ZMH), a world leader in musculoskeletal health solutions, in its $13.35 billion acquisition of Biomet, Inc., one of the world’s leading medical device manufacturers. The transaction is expected to close in the first quarter of 2015. More >>
Tags: White & Case LLP | New YorkLiberty Media Completes $500 Million Stock Repurchase with Sirius XM
Liberty Media Corporation (“Liberty”) (Nasdaq: LMCA, LMCB) today announced the completion of the final closing under the previously announced share repurchase agreement, dated as of October 9, 2013, between Liberty and Sirius XM Holdings Inc. (NASDAQ: SIRI) (“Sirius”). Pursuant to the agreement, Sirius had agreed to repurchase $500 million of its common stock from Liberty as part of Sirius’ share repurchase program. On April 25, 2014, Sirius purchased its final installment of shares, equal to 92,888,561 shares, at a previously established price per share of $3.66, for an aggregate purchase price of $340 million. More >>
Tags: New YorkWell-Known Real Estate Attorney Mitchel Hill Joins Fox’s New York Office
Prominent New York Appellate Lawyer Caitlin Halligan Joins Gibson Dunn
Gibson, Dunn & Crutcher LLP is pleased to announce that Caitlin Halligan is joining the firm as a partner in the New York office. Halligan, former General Counsel to the New York County District Attorney’s Office, will continue to focus on appellate law at Gibson Dunn.
Tags: Gibson, Dunn & Crutcher LLP | New YorkShearman & Sterling Advises SunGard Data Systems in Split-Off of Availability Services Business
Shearman & Sterling advised SunGard Data Systems Inc. (“SunGard”), one of the world’s leading software and technology services companies, on the tax-free split-off of its Availability Services business. As a result, Sungard Availability Services, a leading provider of information availability through managed IT, cloud and recovery services, is now a separate, independent company with approximately $1.4 billion in annual revenue and its own Board of Directors.
Tags: Shearman & Sterling LLP | New YorkArnold & Porter Represents Hungary in Its US$3 Billion Global Offering
Arnold & Porter LLP’s client Hungary recently closed a global offering of $3 billion in debt securities via BNP Paribas, Citigroup, Deutsche Bank Securities and J.P. Morgan. The $3 billion offering consisted of $1 billion Notes due 2019 and $2 billion Notes due 2024. The offering was one of the largest deals so far this year in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region.
Tags: Arnold & Porter Kaye Scholer LLP | New York







