Simpson Thacher Represents Underwriters in Offerings of Senior Notes and Convertible Senior Notes by iStar Financial Inc.

Simpson Thacher represented the underwriters Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and J.P. Morgan Securities LLC in the recent public offerings of $300 million aggregate principal amount of 7.125% Senior Notes Due 2018 and $200 million aggregate principal amount of 3.00% Convertible Senior Notes Due 2016 issued by iStar Financial Inc.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Weil Advises Leucadia in Merger with Jefferies

Weil is advising Leucadia National Corporation, a US holding company, in the merger of Leucadia and Jefferies Group, Inc., a US financial services company. The deal has a total equity value of roughly $2.6 billion, or $3.7 billion when Leucadia’s existing 28.6% ownership stake is included. The transaction is expected to close in the first quarter of 2013.

More >>

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

Willkie Advises Goldman Sachs Mortgage Company on $1.85 Billion Secured Mortgage and Mezzanine Loans

As reported in the Wall Street Journal, on November 9 Willkie client Goldman Sachs Mortgage Company funded $1.85 billion of first mortgage and mezzanine loans secured by a portfolio of hotels owned by Kyo-ya Hotels & Resorts, LP, a subsidiary of Kokusai Kogyo K.K., a Japanese company, which is jointly owned by foreign and domestic funds, accounts and other entities controlled or managed by Cerberus Capital Management, L.P and/or Cerberus Real Estate Capital Management, LLC (55%) and Kokusai Kogyo Holdings K.K., an entity owned and controlled by Mr. Takamasa Osano and his family members and/or affiliated entities (45%).

More >>

Tags:  Willkie Farr & Gallagher LLP | New York

Shearman & Sterling Advises SafeNet on Sale of Government Solutions Business

Shearman & Sterling is representing SafeNet, Inc. in its definitive agreement to sell its Government Solutions Business to an undisclosed buyer. The transaction, which is subject to customary closing conditions, including required regulatory approvals, is expected to close by the end of 2012. Financial terms of the agreement were not disclosed.

More >>

Tags:  Shearman & Sterling LLP | New York

Paul Hastings Represents RBC in Milk Specialties Company $315 Million Refinancing

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada and BNP Paribas as lead arrangers and Royal Bank of Canada as administrative agent in connection with new senior secured first lien credit facilities, consisting of a $250 million term loan facility, a $30 million delayed draw term loan facility and a $35 million revolving credit facility, the proceeds of which were used, among other things, to refinance the existing first lien and second lien credit facilities of Milk Specialties Company.

More >>

Tags:  Paul Hastings LLP | New York