Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS Securities LLC, RBC Capital Markets and GE Capital Markets, Inc., as joint lead arrangers, in connection with a $300 million refinancing for ThermaSys Corporation, a manufacturer and supplier of engineered copper, brass and aluminum heat exchanger components and assemblies. The financing consists of first lien credit facilities for the purposes of, among other things, refinancing existing indebtedness of ThermaSys Corporation and the payment of a shareholder dividend.
Tags: Paul Hastings, LLP | New YorkEdward C. Marschner Joins Carlton Fields in New York
Carlton Fields is pleased to announce that Edward C. Marschner has joined the firm as a shareholder in New York. He is a member of the firm’s Corporate, Securities, and Tax practice group.
Tags: Carlton Fields, P.A. | New YorkCahill Represents Lead Arrangers in $395 Million Credit Facilities for Reddy Ice
Cahill represented JPMorgan Chase Bank and Jefferies Finance as lead arrangers in connection with a $225,000,000 Term B Loan and $50,000,000 revolving credit facility for Reddy Ice Corporation. Cahill also represented the lead arrangers in connection with a new $120,000,000 second lien term loan for Reddy Ice.
Tags: Cahill Gordon & Reindel LLP | New YorkNelson Levine Grows Reinsurance Practice with Addition in New York
Simpson Thacher Represents Associated Materials, LLC in $100 Million Senior Secured Notes Offering
Simpson Thacher represented Associated Materials, LLC (“Associated Materials”) and its co-issuer in connection with an offering of $100 million aggregate principal amount of 9.125% senior secured notes due 2017. The notes were issued as additional notes under the same indenture governing $730 million of existing senior secured notes. Associated Materials used a portion of the net proceeds from the notes to repay all of the outstanding borrowings under its senior secured asset-based revolving credit facilities and intends to use the remaining net proceeds for other general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents the Underwriters in an Offering of $275 Million of Preferred Stock by Aspen Insurance Holdings Limited
The Firm represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman, Sachs & Co. as joint book-running managers, in connection with a registered offering of 11,000,000 shares of 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of Aspen Insurance Holdings Limited, representing $275,000,000 in aggregate liquidation preference. The offering closed on May 2, 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents JPMorgan in connection with Asset-Based Credit Facilities for Momentive Specialty Chemicals Inc. and Momentive Performance Materials Inc.
Simpson Thacher recently represented JPMorgan as a lead arranger and administrative agent in connection with a new $400 million senior secured asset-based credit facility for Momentive Specialty Chemicals Inc. (“MSC”) and $270 million senior secured asset-based credit facility for Momentive Performance Materials Inc. (“MPM”), each to replace all or part of its respective existing revolving credit facility. The MSC credit facility has US, Canadian, Dutch and English borrowers, and the MPM credit facility has US, Canadian and German borrowers.
Tags: Simpson Thacher & Bartlett LLP | New YorkWillkie Advises on Brookfield’s $426 Million Acquisition of MPG Office Trust
On April 25, it was announced that Brookfield Office Properties Inc. and its affiliates have entered into a definitive merger agreement with MPG Office Trust, Inc. pursuant to which a newly formed fund (“DTLA Holdings”) controlled by Brookfield will acquire MPG for a total equity value of about $426 million.
Tags: Willkie Farr & Gallagher LLP | New YorkWillkie Represents W. R. Berkley in $350 Million Hybrid Bond Offering
On May 2, Willkie client W. R. Berkley closed on its offering of $350 million aggregate principal amount of 5.625% Subordinated Debentures due 2053.
Tags: Willkie Farr & Gallagher LLP | New YorkDavis Polk Advises an Affiliate of Goldman Sachs on Its Acquisition of Ebix
Davis Polk is advising an affiliate of Goldman, Sachs & Co. in connection with its $820 million acquisition of Ebix, Inc. The proposed transaction, which is subject to antitrust approvals, shareholder approval and other customary closing conditions, is expected to close in the third quarter of 2013.
Tags: Davis Polk & Wardwell LLP | New York





