Simpson Thacher recently represented MultiPlan in connection with a 144A/Regulation S high yield offering of $750 million aggregate principal amount of Senior PIK Toggle Notes due 2018 by MPH Intermediate Holding Company 2, an indirect parent company of MultiPlan, Inc., and MultiPlan, Inc.’s amendment to its existing credit agreement providing for, among other things, $100 million of incremental term loans.  MultiPlan used the net proceeds from the notes offering, along with the incremental term loan borrowings and cash on hand, to distribute approximately $838 million to a parent entity, MPH Intermediate Holding Company 1, which is indirectly controlled by affiliates of Silver Lake Group, L.L.C. and BC Partners, Inc.

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Hawkins Parnell Thackston & Young LLP (HPTY) is pleased to announce that Edward P. Abbot, Mark D. Debrowski, Sara Murphy, Alfred J. Sargente, and Roy F. Viola, Jr., all formerly of Smith Abbot LLP, have joined HPTY as of August 1, 2013.

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International law firm McDermott Will & Emery LLP represented Silver Eagle Acquisition Corp. (Nasdaq: EAGLU), a special purpose acquisition company (SPAC), in its initial public offering of 32,500,000 units, which closed on July 30, 2013. The units were sold at an offering price of $10.00 per unit for gross proceeds of approximately $325 million. This is the largest amount raised in an IPO by a U.S. SPAC in over seven years. Deutsche Bank Securities Inc. acted as the sole book running manager and representative of the underwriters of the offering.

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A Weil team led by Corporate Chairman Michael Aiello is advising Health Management Associates, Inc. (HMA), which owns 71 hospitals in 15 states, in its $7.6 billion sale (including assumption of debt) to Community Health Systems, Inc. (CHS), one of the largest publicly traded hospital companies in the US. The transaction is expected to close by the end of the first quarter of 2014 and is subject to customary closing conditions, including regulatory approval and HMA stockholder approval.

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The New York office of global law firm K&L Gates LLP has added James P. Duffy IV as a partner in the international arbitration practice. He joins K&L Gates from DLA Piper.

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The Firm represented JPMorgan Chase & Co. in connection with a public offering of 1,500,000 Depositary Shares, equivalent to $1.5 billion in aggregate amount, each Depositary Share representing a 1/10^th interest in a share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R, of JPMorgan Chase & Co. The offering closed on July 29, 2013.

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The firm is representing Kinetic Concepts, Inc. (“KCI”), a portfolio company of Apax Partners, Canada Pension Plan Investment Board and Public Service Pension Plan of Canada, in its acquisition of the wound care business of Systagenix Wound Management Mezz B.V. (“Systagenix”) from One Equity Partners LLC for approximately $485 million in cash on a debt free basis.  The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close in the fourth quarter of 2013.

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An Akin Gump team led by corporate partners Bruce Mendelsohn and Alice Hsu advised Deutsche Bank, the sole underwriter in Silver Eagle Acquisition Corp’s initial public offering (IPO) of 32,500,000 units at $10.00 per unit (each unit consisting of one share of common stock and a warrant exercisable into half of a share of common stock). The units, stock and warrants are listed on the NASDAQ Capital Market. Silver Eagle is an acquisition vehicle formed by media executives Harry E. Sloan and Jeff Sagansky.

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Steven Bloom has joined Akerman Senterfitt as a shareholder in the firm’s Real Estate Practice Group in New York. He joins the firm after serving as partner at Bryan Cave LLP and formally Robinson Silverman Pearce Aronsohn & Berman LLP.

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Frommer Lawrence & Haug LLP proudly welcomes two new partners to our team— Christian Samay and Joseph Saphia.

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