Cahill Represents Initial Purchasers in $400 Million Notes Offering by Cogeco

Cahill represented BofA Merrill Lynch and Scotiabank as joint book-running managers and CIBC, BMO Capital Markets, National Bank of Canada Financial, Desjardins Securities, TD Securities, RBC Capital Markets, Citigroup, HSBC, and Mitsubishi UFJ Securities as co-managers in connection with the Rule 144A offering of $400,000,000 aggregate principal amount of 4.875% Senior Notes due 2020 by Cogeco Cable Inc., a Canadian media and communications company. Proceeds from the offering will be used to refinance existing indebtedness.

More >>

Tags:  Cahill Gordon & Reindel LLP | New York

Paul Hastings Represents Credit Suisse in $1.775 Billion Dynegy Refinancing

Paul Hastings, a leading global law firm, announced today that the firm represented Credit Suisse Securities (USA) LLC as lead arranger and Credit Suisse AG, Cayman Islands Branch as administrative agent in a $1.775 billion refinancing of Dynegy Inc., a producer and distributer of electric energy, capacity and ancillary services in key U.S. markets.

More >>

Tags:  Paul Hastings, LLP | New York

Paul Hastings Represents Metalsa, S.A. de C.V. in Inaugural $300 Million Notes Offering

Paul Hastings LLP, a leading global law firm, represented Metalsa, S.A. de C.V., one of the world’s largest manufacturers of structural components for the automotive industry, in connection with its inaugural international issuance of debt securities. The several times oversubscribed offering involved the issuance of $300 million of 4.90% Senior Notes due 2023 pursuant to Rule 144A and Regulation S. Based on credit rating and terms, we understand from the investment bankers involved in the transaction that this is one of the most favorably priced debt securities offerings to date in Latin America.

More >>

Tags:  Paul Hastings, LLP | New York

Paul Hastings Represents Delphi Corporation in Refinancing

Paul Hastings, a leading global law firm, announced today that the firm represented Delphi Corporation, a leading auto parts manufacturer, as borrower, in a $2.075 billion refinancing of its senior credit facilities, consisting of a $630 million global revolving credit facility, an $870 million U.S. revolving credit facility and a $575 million term loan facility.

More >>

Tags:  Paul Hastings, LLP | New York

Covington Advises Grupo Sura in $516 Million Acquisition

Covington & Burling advised Sura Asset Management S.A. and AFP Integra S.A., affiliates of the Latin American financial group Grupo de Inversiones Suramericana, in a joint acquisition with Profuturo AFP S.A., an affiliate of The Bank of Nova Scotia, of 100 percent of the shares of AFP Horizonte, S.A., the Peruvian pension fund manager, from the Spanish bank Banco Bilbao Vizcaya Argentaria S.A. and other shareholders.

More >>

Tags:  Covington & Burling LLP | New York

Simpson Thacher Represents Initial Purchasers in US$1.0 Billion Sovereign Debt Offering for The Dominican Republic

The Firm recently represented Citigroup Global Markets Inc. and Deutsche Bank Securities Inc., as initial purchasers, in a US$1.0 billion offering of 5.875% Amortizing Notes due 2024 issued by The Dominican Republic. The sovereign debt offering was conducted in reliance on Rule 144A and Regulation S and was the largest bond offering to date by the Dominican Republic.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk – Taminco Corporation Initial Public Offering

Davis Polk advised Citigroup Global Markets Inc., Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC as joint book-running managers of the several underwriters in connection with the initial public offering of 15,789,474 shares of common stock of Taminco Corporation at $15.00 per share for net proceeds to Taminco of approximately $223.8 million. The common stock is listed on the New York Stock Exchange under the symbol “TAM.”

More >>

Tags:  Davis Polk & Wardwell LLP | New York