Baker Botts Represents Monitronics International in Acquisition of Security Networks

On July 10, Monitronics International, Inc. (“Monitronics”), a subsidiary of Ascent Capital Group Inc. (“Ascent”), signed a definitive agreement to acquire Security Networks, LLC (“Security Networks”), resulting in a leading home security solutions provider with greater scale, an expanded footprint and enhanced growth prospects.

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Tags:  Baker Botts L.L.P. | New York

Davis Polk Advises Corsair Capital on Its Sale of Torus Insurance Holdings

Davis Polk is advising Corsair Capital as a selling shareholder in connection with the $692 million sale of Torus Insurance Holdings Limited to Enstar Group Limited and affiliates of Stone Point Capital LLC. Corsair Capital will receive both Enstar shares and cash consideration in the transaction. The transaction, which is subject to governmental and regulatory approvals and customary closing conditions, is expected to close by the end of the year.

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Tags:  Davis Polk & Wardwell LLP | New York

Proskauer – American Realty Capital Properties To Acquire American Realty Capital Trust IV in $3.1 Billion Transaction

American Realty Capital Properties, Inc. (“ARCP”) announced a definitive merger agreement to acquire all of the outstanding shares of American Realty Capital Trust IV (“ARCT IV”) in a $3.1 billion transaction whereby ARCP will own 2,579 single tenant properties net leased to 470 tenants across 29 industries in 48 states. Proskauer served as counsel to ARCP and ARCT IV. The deal is expected to close in the third quarter of 2013.

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Tags:  Proskauer Rose LLP | New York

Paul Hastings Advises Initial Purchasers in OHL Mexico’s $458.5 Million Global Equity Offering

Paul Hastings, a leading global law firm, announced today that the firm represented UBS, BBVA, Goldman Sachs, JP Morgan and Soc Gen as initial purchasers in a US$ 458.5 million global offering of shares of OHL Mexico which consisted of a public tranche in Mexico and a Rule 144A/Reg S tranche outside of Mexico.  OHL Mexico is a subsidiary of Obrascon Huarte Lain, the leading Spanish construction, concession,  transportation infrastructure, development and management company with global operations.  OHL Mexico holds five toll road and one airport concession in Mexico.  The company raised capital to fund investment in its current concessions, to repay existing obligations and to fund development of new projects in anticipation of the expected announcement by the Mexican government of its 350 billion pesos (US$26 billion) National Infrastructure Plan.

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Tags:  Paul Hastings, LLP | New York

Paul Hastings Represents International Underwriters in SEC-Registered Secondary Global Offering of OMAs Shares and ADRs

Paul Hastings LLP, a leading global law firm, represented BofA Merill Lynch (Global Coordinator), BBVA, Santander, Barclays and Morgan Stanley as Joint Bookrunners in connection with the SEC registered secondary offering by Aeroinvest, S.A. de C.V. of shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA). OMA, which is listed on NASDAQ (OMAB) and the Mexican Stock Exchange (OMA), operates, maintains and develops 13 airports in Mexico, concentrated in the country’s central and northern regions, including Monterrey.  The shares and ADRs were sold by a subsidiary of ICA, the largest infrastructure company in Mexico.

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Tags:  Paul Hastings, LLP | New York