Paul Hastings Represents Royal Bank of Canada in $150 Million Loan to Dynegy

Paul Hastings, a leading global law firm, announced today that the firm, represented the Royal Bank of Canada as administrative agent and RBC Capital Markets, Barclays Bank PLC, Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Goldman Sachs Bank USA, and UBS Securities LLC, as Joint Bookrunners and Joint Lead Arrangers in connection with a $150,000,000 revolving facility loan for Dynegy Power, LLC, a subsidiary of Dynegy, Inc, a company that provides wholesale power, capacity and ancillary services to utilities, cooperatives, municipalities and other energy companies.

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Tags:  Paul Hastings LLP | New York

Mitra Hormozi, Former Chair of New York State Commission on Public Integrity, Joins Zuckerman Spaeder LLP

Zuckerman Spaeder LLP is pleased to announce that Mitra Hormozi, former chair of the New York State Commission on Public Integrity and former Chief of the Organized Crime Unit of the U.S. Attorney’s Office for the Eastern District of New York, has joined the firm’s New York office. A former advisor to New York Gov. Andrew Cuomo, Ms. Hormozi is a veteran trial attorney who brings years of government experience to her work on behalf of clients facing regulatory investigations, potential criminal prosecutions, internal investigations, and compliance matters. She has experience serving as a court-appointed monitor and special master, most recently overseeing the payment of damages to minority firefighter applicants. The U.S. District Court for the Eastern District of New York determined that New York City owed $128.7 million in back pay to minorities whose employment with the fire department had been either delayed or denied after they were required to take a test that was later found to be racially discriminatory. Ms. Hormozi is currently a commissioner on the New York State Joint Commission on Public Ethics (JCOPE).

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Tags:  Zuckerman Spaeder LLP | New York

Shearman & Sterling Advises on Banco Davivienda’s US$500 Million Senior Notes Offering

Shearman & Sterling represented Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC as joint bookrunners in connection with Banco Davivienda S.A.’s offering of US$500 million Senior Notes due 2018. Banco Davivienda S.A. is one of the largest financial institutions in Colombia and is a leading, integrated full service bank with the strongest consumer banking franchise in Colombia.

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Tags:  Shearman & Sterling LLP | New York

Simpson Thacher Represents Initial Purchasers in $210 Million 6.250% Senior Subordinated Notes Offering by Gibraltar Industries, Inc. and Related Tender Offer and Consent Solicitation

Simpson Thacher represented J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., HSBC Securities (USA) Inc. and RBS Securities Inc. in an offering of $210 million aggregate principal amount of 6.250% Senior Subordinated Notes due 2021 by Gibraltar Industries, Inc. (“Gibraltar”). Gibraltar used the net proceeds from the notes offering to fund a cash tender offer for any and all of its outstanding $204 million 8% Senior Subordinated Notes due 2015. The Firm also represented J.P. Morgan Securities LLC in its capacity as dealer manager in the concurrent tender offer and consent solicitation.

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Tags:  Simpson Thacher & Bartlett LLP | New York