Kaye Scholer recently represented Bank of America, N.A., as administrative agent, and J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, in an unsecured revolving credit facility of $2.5 billion and an unsecured term loan facility of $750 million for ERP Operating Limited Partnership, the multifamily residential property business of Equity Residential. Equity Residential focuses on the acquisition, development and management of premium apartment properties in growing North American markets. These facilities will help Equity Residential position itself for the closing of the Archstone acquisition in the first quarter of 2013.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets, BMO Capital Markets and Jefferies Finance LLC, as Joint Lead Arrangers and Joint Bookrunners, and Royal Bank of Canada, as Administrative Agent, in connection with the financing for Ontario Teachers’ Pension Plan’s acquisition of Heartland Dental Care. The financing consisted of $750,000,000 in first lien and second lien senior secured credit facilities.

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Paul Hastings LLP, a leading global law firm, represented RBC Capital Markets and Barclays Bank PLC, as Joint Lead Arrangers and Joint Bookrunners, Royal Bank of Canada, as U.S. Administrative Agent, and RBC Europe Limited, as European Administrative Agent, in connection with the financing for Sequa Corporation’s sale of its automotive unit to The Jordan Company, a New York-based private equity firm. The financing consisted of $275,000,000 in U.S. and European senior secured credit facilities.

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Simpson Thacher represented Northwood Investors LLC (“Northwood”) in its third offering of interests in Northwood Real Estate Partners LP and its related funds, which are private equity funds focused on investing in a wide range of real estate assets worldwide. The funds closed on $500 million of capital commitments during a 90-day period that ended in December 2012, bringing total capital commitments raised to approximately $2.8 billion. The funds’ capital commitments may grow over time as the result of a unique evergreen feature that allows the funds to reinvest investment proceeds, subject to certain limitations.

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National law firm Nelson Levine de Luca & Hamilton (Nelson Levine) announced today that Lawrence H. Mirel will join the firm’s Washington, DC office as a partner in the Insurance Regulation Practice on February 1, 2013, and Marc S. Voses has joined the firm’s New York office as a partner in the Insurance Coverage Practice.

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Shearman & Sterling is advising Ardagh Group on the financing and antitrust aspects of its $1.7 billion agreement to buy Verallia North America from Compagnie de Saint-Gobain. Ardagh will raise $1.45 billion in high yield bonds in both dollars and euros to finance the acquisition.

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DLA Piper announced today that Joseph Philip Forte has joined the firm’s Real Estate practice as a partner in New York.

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The Firm acted as U.S. counsel for BMO Nesbitt Burns, Credit Suisse Securities (Canada), Barclays Capital Canada, RBC Dominion Securities, CIBC World Markets, HSBC Securities (Canada), and Morgan Stanley Canada as underwriters in connection with a public offering in Canada by MEG Energy Corp. (“MEG”) of 12,125,000 common shares. The common shares were offered in the United States to qualified institutional buyers under Rule 144A and outside the United States to non U.S. persons in accordance with Regulation S. MEG intends to use the net proceeds from the offering to partially fund its capital expenditure program and for other ongoing working capital and general corporate purposes.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented joint book-running managers and lead arrangers, J.P. Morgan Securities LLC, BMO Capital Markets, CIT Group, OneWest Bank and U.S. Bank National Association, in connection with the financing of the acquisition of majority equity interest of Planet Fitness Holdings, LLC by TSG Consumer Partners, LLC. The financing consists of a $190.0 million term loan facility and $40.0 million revolving facility. JPMorgan Chase Bank, N.A. served as the administrative agent. BMO Capital Markets, CIT Group, OneWest Bank and U.S. Bank National Association also acted as co-syndication agents.

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SRZ represented MKP Capital Management LLC, a diversified alternative investment manager with over $5 billion in assets under management, in its sale of a passive minority interest to Neuberger Berman Group-managed private equity fund Dyal Capital Partners. Under terms of the deal, which was announced on Jan. 8, 2013, Dyal has no control on the investment process or day-to-day operations at MKP. The transaction allows MKP to broaden employee ownership and long-term leadership, as well as develop stronger relationships with Dyal’s institutional clients.

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