Paul Hastings, a leading global law firm, announced today that the firm represented Citigroup and Credit Suisse as dealer managers in connection with a $350 million exchange offer by a subsidiary of Mexican telecommunication company, Axtel, S.A.B. de C.V.
Tags: Paul Hastings LLP | New YorkPaul Hastings Represents Jefferies Finance LLC in Financing Apax’s Acquisition of Cole Haan LLC from NIKE, Inc.
Paul Hastings, a leading global law firm, announced today that the firm, represented Jefferies Finance LLC in connection with providing debt financing for Apax Partners, L.L.P.’s acquisition of Cole Haan LLC, a leading designer and retailer of premium footwear and related accessories, from NIKE, Inc. for $570 million in cash.
Tags: Paul Hastings LLP | New YorkPaul Hastings Represents Initial Purchasers in Fibra Uno’s US$1.75 Billion Offering
Paul Hastings LLP, a leading global law firm, represented Santander, Credit Suisse and Evercore as initial purchasers in connection with Fibra Uno’s US$1.75 billion follow-on equity offering, which is the largest equity offering in Latin America this year. This oversubscribed offering marks the third equity offering by Fibra Uno, which has now issued almost US$3 billion in equity in less than two years. The issued stock was offered publicly in Mexico on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S.
Tags: Paul Hastings LLP | New YorkShearman & Sterling Advises Liberty Global on $23.3 Billion Acquisition of Virgin Media
Shearman & Sterling is advising Liberty Global, Inc. on its acquisition of Virgin Media Inc. in a stock and cash merger transaction valued at approximately $23.3 billion. The transaction is subject to approval from both companies’ shareholders, regulatory approvals and other customary closing conditions.
Tags: Shearman & Sterling LLP | New YorkDavid J. Kappos Joins Cravath
On February 6, 2013, Cravath announced that David J. Kappos, former Under Secretary of Commerce and Director of the United States Patent and Trademark Office (USPTO), has joined the Firm as a partner.
Tags: Cravath, Swaine & Moore LLP | New YorkNew York Corporate and Securities Lawyer Joshua Berick Joins Arnold & Porter LLP
Arnold & Porter LLP announced today that Joshua Berick has joined the firm’s Corporate and Securities group as a partner in its New York office. Mr. Berick’s M & A practice has involved a wide range of domestic and cross-border transactions, including leveraged acquisitions, divestitures, stock and asset purchases, private equity and venture capital investments, strategic alliances, joint ventures, equity offerings and general corporate, securities and commercial law matters.
Tags: Arnold & Porter Kaye Scholer LLP | New YorkPaul Hastings Represents Banks in Financing for First Reserve’s Acquisition of Ameriforge
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Deutsche Bank Securities Inc., Goldman Sachs Bank USA, Royal Bank of Canada and UBS Securities LLC, as joint lead arrangers and joint bookrunners, in connection with the financing for the completion of First Reserve’s acquisition of Ameriforge Group Inc., a manufacturer of forged products. The financing consisted of over $600 million in senior secured first lien and second lien credit facilities.
Tags: Paul Hastings LLP | New YorkWillkie Advises Berkshire Hathaway in $4 Billion Reinsurance Transaction with CIGNA
On February 4, Willkie client Berkshire Hathaway Life Insurance Company of Nebraska entered into a reinsurance transaction with Connecticut General Life Insurance Company (a subsidiary of Cigna Corporation (Cigna)), pursuant to which Berkshire Hathaway reinsured $4 billion of guaranteed minimum death benefit (GMDB) and guaranteed minimum income benefit (GMIB) exposure of Cigna. The GMDB and GMIB exposures arise out of deferred annuities issued by other U.S. insurance companies and reinsured by Cigna.
Tags: Willkie Farr & Gallagher LLP | New YorkMilbank Represents Initial Purchasers in $450 Million Debt Offering by Apex Tool Group, Part of Bain Capital’s $1.55 Billion Acquisition
International law firm Milbank, Tweed, Hadley & McCloy, LLP, led by Global Securities partners Rod Miller and Paul Denaro, acted as counsel to the initial purchasers, Goldman Sachs, Barclays, Morgan Stanley, Citigroup, Royal Bank of Canada and Deutsche Bank, in the issuance of $450 million 7% Senior Notes due 2021. The proceeds of the notes, together with a new $835 million credit facility and an equity contribution, were used to finance Bain Capital’s $1.55 billion acquisition of Apex Tool Group.
Tags: Milbank LLP | New YorkAkerman Senterfitt Welcomes International Taxation Lawyer Alejandro Garcia Villalpando to New York Office
Alejandro García Villalpando has joined Akerman Senterfitt as a shareholder in the firm’s Taxation Practice Group in New York where he will focus on domestic and international tax and corporate matters. His work for U.S. and foreign clients will largely intersect with Akerman’s Latin American & Caribbean Practice, with an emphasis on the tax aspects of cross-border transactions.
Tags: Akerman LLP | New York