Davis Polk advised CSG Systems International, Inc. (CSG) in connection with its $250 million amended and restated senior secured revolving and term loan credit facility. Pursuant to the amended and restated credit facility, CSG’s existing credit facility was amended and restated to extend the maturity date, reduce interest rates and make certain other changes. The amended and restated facility will be used to pay amounts owing under the existing credit facility and for general corporate purposes.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk Advises Canadian National Railway Company on $500 Million Notes Offering
Davis Polk advised Canadian National Railway Company (CN) on a registered public offering of $250 million aggregate principal amount of its 2.25% notes due 2022 and $250 million aggregate principal amount of its 3.5% notes due 2042. The notes were offered under the Multijurisdictional Disclosure System for U.S. and Canadian issuers adopted by the SEC.
Tags: Davis Polk & Wardwell LLP | New YorkPaul Hastings Advises Cequel in Closing of Its $6.6 Billion Sale to BCC Partners
Paul Hastings, a leading global law firm, announced today that the firm represented Cequel Communications Holdings LLC, a cable-television and Internet-services provider which does business as Suddenlink Communications, in connection with its sale to BC Partners, CPP Investment Board and certain members of Suddenlink’s management team led by CEO Jerry Kent in a transaction valued at $6.6 billion.
Tags: Paul Hastings, LLP | New YorkPaul Hastings Represents Brookfield Investment Management in $75 Million Rights Offering
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Brookfield Investment Management and its Helios Total Return Fund, Inc. in a three-for-one transferable rights offering, where UBS Securities LLC acted as the Dealer Manager. The rights offering concluded on October 19, 2012 and was over-subscribed. Helios Total Return Fund, Inc. issued 3,500,000 new shares of common stock in the rights offering and raised approximately $75 million.
Tags: Paul Hastings, LLP | New YorkCahill – Alliance Data Systems Completes $400 Million Notes Offering
Cahill represented J.P. Morgan, BofA Merrill Lynch, RBC Capital Markets, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the Rule 144A/Reg S offering of $400,000,000 aggregate principal amount of 5.25% Senior Notes due 2017 by Alliance Data Systems Corporation. Proceeds from the offering will be used in connection with to fund in part its previously announced pending acquisition and for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill Represents Initial Purchasers in $400 Million Notes Offering by Huntsman
Cahill represented the joint book-running managers and the co-managers in connection with the Rule 144A/Reg S offering of $400,000,000 aggregate principal amount of 4.875% Senior Notes due 2020 by Huntsman International LLC. Proceeds from the offering will be used to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New YorkKirkland & Ellis Represents American Industrial Partners in Acquisition of U.S. Subsidiaries of Hampson Industries PLC
In a transaction announced November 19, 2012, Kirkland represented private equity firm American Industrial Partners in its acquisition of the U.S. subsidiaries of Hampson Industries PLC, a UK public company. The investment is comprised of five operating divisions with a total of approximately $210 million in sales, approximately 1,140 employees and 10 manufacturing facilities located in California, Michigan and Texas that have unique product offerings and capabilities to serve the global aerospace market. The subsidiaries are Odyssey Industries, LLC; Global Tooling Systems, LLC; Coast Composites, LLC; Composites Horizons, LLC and Texstars, LLC. The acquisition was made through a UK ‘pre-pack’, shortly after the appointments of Simon Kirkhope and Chad Griffin of FTI Consulting as administrators of Hampson Industries PLC.
Tags: Kirkland & Ellis LLP | New YorkKirkland Advises Apax Partners in $570 Million Acquisition of Cole Haan from NIKE
Funds advised by Apax Partners, a global private equity firm, today announced that they have entered into a definitive agreement to acquire Cole Haan LLC, a leading designer and retailer of premium footwear and related accessories, from NIKE, Inc. for $570 million in cash. The transaction is expected to close in early 2013.
Tags: Kirkland & Ellis LLP | New YorkSimpson Thacher Represents JPMorgan in Senior Secured Revolving Credit Facilities for General Motors Holdings LLC
Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent in connection with a five year $5.5 billion senior secured revolving credit facility and a three year $5.5 billion senior secured revolving credit facility for General Motors Holdings LLC, a wholly-owned subsidiary of General Motors Company.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in $300 Million Senior Notes Offering by Antero Resources
The Firm recently represented Wells Fargo, as representative of the several initial purchasers, in a $300 million offering of 6.0% Senior Notes due 2020 by Antero Resources Finance Corporation. The offering of notes was made to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act.
Tags: Simpson Thacher & Bartlett LLP | New York