Cravath – Raytheon’s Registered High-Yield Debt Offering

Cravath represented the underwriters, led by Credit Suisse, J.P. Morgan Securities, BofA Merrill Lynch, Citigroup and UBS Investment Bank, in connection with the US$1.1 billion registered high-yield debt offering of Raytheon Company, a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. The transaction closed on December 4, 2012.

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Tags:  Cravath, Swaine & Moore LLP | New York

Paul Hastings Represents Initial Purchasers in FibraHotel’s $300M International IPO

Paul Hastings LLP, a leading global law firm, represented the initial purchasers in connection with the initial public offering by FibraHotel on the Mexican Stock Exchange. FibraHotel is the very first lodging and very first sector specific Real Estate Investment Trust (REIT) in Latin America and one of only two Mexican REITS to be utilized in the wake of a comprehensive legal overhaul in Mexico that created the “FIBRA”, a new Mexican investment vehicle, which bears many similarities to the U.S. REIT. The four-times oversubscribed offering involved the issuance of approximately $300 million in FibraHotel’s stock publicly on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S. The initial purchasers involved in this transaction were J.P. Morgan and BBVA.

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Tags:  Paul Hastings LLP | New York

Paul Hastings Represents Cowen and Company in Spartan Stores, Inc.’s Private Placement of Notes

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cowen and Company in connection with the private exchange and purchase of $50.0 million aggregate principal amount of newly issued 6.625% senior notes due 2016 for approximately $40.3 million aggregate principal amount of Spartan Stores, Inc.’s existing 3.375% convertible senior notes and approximately $9.7 million in cash from an existing note holder of Spartan Stores, Inc.

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Tags:  Paul Hastings LLP | New York

Skadden – Bank of America/Merrill Lynch Prevails in CDO-Related Appeal

For Bank of America and Merrill Lynch, Skadden secured the affirmance of the dismissal of two double-derivative suits that sought to compel the BofA board to force its Merrill subsidiary to bring various claims against certain of Merrill’s former officers and directors in connection with Merrill’s allegedly risky investments in collateralized debt obligations.

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Tags:  Skadden, Arps, Slate, Meagher & Flom, LLP | New York

Weil Advises Avista in $602.5M Sale of Anthony International

A Weil team lead by Private Equity partner David M. Blittner, advised Avista Capital Partners, a leading global private equity firm, in its $602.5 million sale of Anthony International, the world’s largest manufacturer of specialty glass, commercial glass refrigerator and freezer doors, case lighting, and display and merchandising systems, to Dover Corporation, a publicly traded diversified global manufacturer. The sale was completed on November 30, 2012.

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Tags:  Weil, Gotshal & Manges, LLP | New York