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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Simpson Thacher Represents Issuer in $1.05 Billion Initial Public Offering by ClearBridge American Energy MLP Fund Inc.

Simpson Thacher represented ClearBridge American Energy MLP Fund Inc. (the “Fund”) in connection with its $1.05 billion initial public offering of common stock. The Fund is a newly organized, non-diversified, closed-end management investment company which trades on the New York Stock Exchange under the symbol “CBA”. The underwriting syndicate for the offering was led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC.

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Simpson Thacher Represents JPMorgan, Wells Fargo, TD Securities and The Bank of Tokyo-Mitsubishi in Connection with the Increase and Extension of $1.5 Billion Revolving Credit Agreement for Amphenol Corporation

Simpson Thacher represented JPMorgan, Wells Fargo, TD Securities and The Bank of Tokyo-Mitsubishi as Joint Lead Arrangers and Joint Bookrunners in connection with the increase and extension of Amphenol Corporation’s existing Revolving Credit Agreement. In connection with the transaction, the amount of the total commitments was increased from $1.0 billion to $1.5 billion and the maturity date was extended by two years.

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Paul Hastings LLP Advises Starwood Capital Group Affiliate in the $735 Million Acquisition of InTown Suites

Paul Hastings LLP, a leading global law firm, announced today that the firm represented an affiliate of Starwood Capital Group, a global investment firm, in the acquisition of 100% of the common stock of InTown Hospitality Corp.  The gross purchase price was approximately $735 million, including the assumption of $609 million of existing mortgage debt.  The acquired company runs extended-stay lodging chain, InTown Suites, which has 138 extended-stay properties with approximately 18,000 rooms across 21 states in the U.S.

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Akerman Senterfitt Adds Team of Labor and Employment Lawyers to New York Office

Matthew (Matt) Steinberg and Samantha Abeysekera have joined Akerman Senterfitt from Jackson Lewis LLP as shareholders in the firm’s Labor and Employment Practice Group in New York. The lawyers are the second group to join Akerman’s New York office since April and the latest to join since the office moved to a larger location on Fifth Avenue in May.

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Simpson Thacher Represents JPMorgan in Acquisition Financing in Connection with Exco Resources, Inc.’s $1 Billion of Acquisitions of Assets from Chesapeake Energy Corporation

Simpson Thacher represented JPMorgan, as lead arranger, in connection with it arranging a financing commitment for a new senior secured revolving credit facility with an initial $1.6 billion borrowing base and a $400 million bridge loan tranche for Exco Resources, Inc. (“Exco”).  Proceeds from the loans on closing will be used to refinance Exco’s existing senior secured bank credit facility and finance its acquisition of producing and undeveloped oil and gas assets in the Eagle Ford shale formation from subsidiaries of Chesapeake Energy Corporation.

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Cahill Represents Lead Arrangers in $375 Million Credit Facility for Oceania Cruises

Cahill represented Deutsche Bank as administrative agent and Deutsche Bank, Barclays Bank, and UBS Securities as lead arrangers in connection with the $375,000,000 credit facility comprised of a $300,000,000 Term B loan and a $75,000,000 revolver for Oceania Cruises, Inc., a provider of destination cruising services to ports in Europe, Australia, New Zealand, Asia, and the Americas.

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Elizabeth Cundiff-Kluhspies Joins Lowenstein Sandler as CMO

Lowenstein Sandler LLP announced that Elizabeth Cundiff-Kluhspies has joined the firm as its Chief Marketing Officer. In this role, Cundiff-Kluhspies will play a leadership role in the firm’s continued, strategic growth of its core practice areas and national platform. Since 2005, Cundiff-Kluhspies was Practice Development Director for the Americas Disputes and Competition practice at White & Case.

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Tags:  Lowenstein Sandler LLP | New York