The Firm is representing Melrose Industries PLC (“Melrose”) in connection with its announced sale of Truth Hardware (“Truth”) to Tyman PLC. The total consideration for this transaction is US$200 million (£129 million), and will be payable in cash upon completion. Melrose intends to use the proceeds to pay down existing borrowings. The transaction is expected to close in June 2013.

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McKenna Long & Aldridge LLP (MLA) today announced that Craig M. Johnson, former New York State Senator, has joined its national Government Affairs practice as Managing Director effective May 20, 2013. He will operate out of the firm’s New York, New York and Albany, New York offices.

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Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets in connection with the issuance of first lien and second lien loans to Healogics, Inc., the nation’s largest provider of advanced wound care services, in connection with the refinancing of the Borrower’s existing indebtedness.

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Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Joint Lead Arrangers and RBC Capital Markets, Merrill Lynch, Pierce, Fenner & Smith Incorporated and GE Capital Markets, Inc. as Joint Bookrunners in connection with a $330 million term loan and a $50 million revolving loan to Micro Holding, L.P. and Internet Brands, Inc.

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Sullivan & Worcester LLP is pleased to announce that Harry H. Rimm has joined the Litigation Group as a partner in the New York office. Mr. Rimm has significant experience defending corporations in complex civil litigation in numerous federal and state jurisdictions and handling corporate investigations and white-collar criminal matters.

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Leading international law firm Clifford Chance today announced that Emily DiStefano has joined the firm as an Asset Finance partner in New York, further bolstering one of the world’s leading aviation finance practices.

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On April 29, it was announced that Willkie client Auxilium Pharmaceuticals, Inc., a specialty biopharmaceutical company, has completed its acquisition of private urology specialty therapeutics company Actient Holdings LLC. Auxilium is paying $585 million in upfront cash plus certain contingent consideration and warrants to purchase Auxilium common stock, for a total enterprise value of up to $657 million. Based in Lake Forest, IL, Actient’s urology portfolio includes TESTOPEL, the only long-acting implantable testosterone replacement therapy (TRT) and Edex, the leading branded non-oral drug for erectile dysfunction. Chesterbrook, PA-based Auxilium focuses on developing and marketing products, including Testim 1% (testosterone gel) in the U.S. for the topical treatment of hypogonadism, to predominantly specialist audiences. The deal is expected to create a leading urology platform with the widest range of products for TRT.

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Simpson Thacher recently represented a group of underwriters in connection with the initial public offering of DoubleLine Income Solutions Fund (the “Fund”). The offering raised $2.3 billion and represents one of the largest IPOs for any closed-end bond fund in the U.S. The Fund is a newly organized, non-diversified, closed-end management investment company which trades on the New York Stock Exchange under the symbol “DSL”. The lead underwriters in the transaction were UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC.

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Davis Polk advised The AES Corporation in an SEC-registered offering of $500 million aggregate principal amount of 4.875% senior notes due 2023, and on its concurrent tender offers for any and all of its outstanding 7.75% senior notes due 2014, and up to a total of $300 million aggregate principal amount of its outstanding 7.75% senior notes due 2015, 9.75% senior notes due 2016 and 8.00% senior notes due 2017. Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and RBS Securities Inc. were joint book-running managers for the offering of the senior notes. Morgan Stanley & Co. LLC is serving as dealer manager for the tender offers.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented SunTrust Bank and SunTrust Robinson Humphrey, Inc. as the sole lead arranger in connection with the underwriting of debt financing commitments relating to Avista Capital Partners’ $253 million proposed acquisition of Telular Corporation (Nasdaq:WRLS). The proposed acquisition by Avista Capital Partners is currently expected to close within 50 to 75 days.

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