Shearman & Sterling Advises NASDAQ OMX on Acquisition of Thomson Reuters’ Investor Relations, Public Relations and Multimedia Solutions Businesses

Shearman & Sterling is advising the NASDAQ OMX Group Inc. in its $390 million acquisition of Thomson Reuters’ Investor Relations, Public Relations and Multimedia Solutions businesses. Upon completion of the transaction, these complementary businesses will be integrated into NASDAQ OMX Corporate Solutions. The proposed transaction will be subject to customary regulatory approvals and is expected to close in the first half of 2013.

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Tags:  Shearman & Sterling LLP | New York

Cravath – Sherwin-Williams Company’s Senior Debt Offering

Cravath represented the underwriters, led by Citigroup, J.P. Morgan Securities and Wells Fargo Securities, in connection with the US$1 billion registered senior debt offering of The Sherwin‑Williams Company, a developer, manufacturer, distributor and seller of paint, coatings and related products to professional, industrial, commercial and retail customers. The transaction closed on December 7, 2012.

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Tags:  Cravath, Swaine & Moore LLP | New York

Simpson Thacher Represents Volvo Car Financial Services in Connection with the Structuring of Automobile Financing Program

The Firm recently represented Volvo Car Financial Services U.S., LLC, a newly created U.S. captive auto finance subsidiary of Volvo Car Corporation, in connection with the structuring of a program with Bank of America, N.A. for the origination and financing of automobile retail installment contracts and leases.

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Cahill Represents Financing Sources in Acquisition Financing for Clean Harbors

Cahill represented the joint-book running managers and co-managers in connection with the Rule 144A/Reg S offering of $600,000,000 aggregate principal amount of 5.125% Senior Notes due 2021 by Clean Harbors, Inc. that closed today. Proceeds from the offering are intended to be used to fund a portion of the cost of the proposed acquisition by Clean Harbors of Safety-Kleen, Inc. If the acquisition does not occur, the notes will be subject to mandatory redemption.

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Tags:  Cahill Gordon & Reindel LLP | New York

Milbank Represents Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC in connection with $765 Million Senior Secured Facilities for the Acquisition of CHG Healthcare Services, Inc.

The $765,000,000 senior secured facilities arranged by Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC was funded today. The senior secured facilities included a $475,000,000 senior secured first lien term loan facility, maturing in 2019, a $190,000,000 senior secured second lien term loan facility, maturing in 2020 and a $100,000,000 senior secured revolving credit facility, terminating in 2017, the proceeds of which will be used to finance in part the acquisition of CHG Healthcare Services, Inc. and its subsidiaries by Leonard Green & Partners and Ares Management from JW Childs. Milbank, Tweed, Hadley & McCloy, LLP represented the Joint Lead Arrangers including Goldman Sachs Bank USA, Barclays Bank PLC, Citigroup Global Markets Inc. and Jefferies Finance LLC; Milbank also represented Barclays Bank PLC and Goldman Sachs Bank USA as First and Second Lien Administrative Agents in connection therewith.

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Paul Hastings Represents Lead Arrangers in Pharmaceutical Research Associates, Inc. Refinancing

Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch, as administrative agent, and UBS Securities LLC, Wells Fargo Securities, LLC and GE Capital Markets, Inc., as joint lead arrangers, in connection with the amendment and restatement of the $375 million dollar equivalent first lien credit facilities and the entry into a new $135 million second lien term loan credit facility of Pharmaceutical Research Associates, Inc. for the purposes of, among other things, refinancing existing indebtedness and the payment of a shareholder dividend.

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Orrick Advises Gamesa on Simultaneous Sale of Two Wind Power Facilities

Orrick, Herrington & Sutcliffe LLP represented Spanish wind turbine manufacturer Gamesa Energy USA, LLC in the simultaneous $238 million sale of the 200 megawatt Minonk project located in Illinois and the 150 megawatt Senate project located in Texas to Algonquin Power & Utilities and a separate tax equity investment by J.P. Morgan Chase & Co. and Morgan Stanley. The multifaceted transaction also included a complex energy hedging transaction with J.P. Morgan Ventures Energy Corporation for the clean, renewable energy of the projects. The Minonk and Senate projects were part of a three-project portfolio that also included the 50 megawatt Sandy Ridge project located in Pennsylvania which reached financial closing and commercial operation earlier this year.

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Cravath – Delta’s Acquisition of 49% of Virgin Atlantic in Connection with Joint Venture

On December 11, 2012, Delta Air Lines and Virgin Atlantic Airways Ltd. reached an agreement for a new joint venture that will create an expanded trans-Atlantic network and enhance competition between the U.K. and North America, offering greater benefits for customers traveling on those routes. Cravath represented Delta in connection with this transaction.

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Tags:  Cravath, Swaine & Moore LLP | New York