Paul Hastings Represents Urbi, Desarrollos Urbanos, S.A.B. de C.V. in $105 Million Loan from International Finance Corp.

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Urbi, Desarrollos Urbanos, S.A.B. de C.V., a leading housing developer in Mexico, in arranging a $105 million loan from the International Finance Corporation (IFC), a World Bank Group institution that assists the private sector, to support Urbi in the development of sustainable housing projects in Mexico.

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Tags:  Paul Hastings LLP | New York

Cooley Grows New York Litigation Practice

Cooley LLP announced today that Scott S. Balber has joined the firm as a partner in its New York office. Balber was co-chair of Chadbourne & Parke LLP’s Commercial Litigation practice. He joins Cooley’s Business Litigation practice group as Head of Financial Services Litigation.

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Shearman & Sterling Advises Underwriters in Agrium Inc.’s US$500 Million Offering of Debentures

Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC and Scotia Capital (USA) Inc., as joint bookrunning managers, and ANZ Securities, Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., RBS Securities Inc. and UBS Securities LLC, as co-managers, in connection with Agrium Inc.’s offering of US$500,000,000 aggregate principal amount of 3.150% debentures due 2022.

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SNR Denton and Citi Create New Financing Facility for Single Family Rental Home Asset Class

Members of SNR Denton’s Capital Markets practice, along with Citi, worked collaboratively to pioneer an innovative financing structure that provided a $245 million revolving credit facility to Waypoint Homes and GI Partners. This innovation will help support the acquisition, renovation, long-term ownership and management of Waypoint’s growing national portfolio of single family rental (SFR) homes.

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Tags:  Dentons | New York

Simpson Thacher Represents the Underwriters in Offering of $2 Billion of Senior Notes by NBCUniversal Media, LLC

The Firm recently represented the underwriters, led by Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, in the SEC-registered offering of $2 billion of senior notes of NBCUniversal Media, LLC, comprising $1 billion of 2.875% Senior Notes due 2023 and $1 billion of 4.450% Senior Notes due 2043.

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Simpson Thacher Represents Hovnanian Enterprises, Inc. in $900 Million Aggregate Offerings of Senior Secured Notes and Exchangeable Note Units and in Related Tender Offer

Simpson Thacher represented Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), one of the nation’s largest homebuilders and a long-standing client of the Firm, in connection with the private placement offering of $577 million 7.25% Senior Secured First Lien Notes due 2020 and $220 million 9.125% Senior Secured Second Lien Notes due 2020 and the registered offering of $100 million aggregate stated amount of 6.00% Exchangeable Note Units (equivalent to 100,000 Units) (which amount includes the full exercise of the over-allotment option granted to the underwriters), with each Unit composed of a senior exchangeable note and a senior amortizing note. The offerings resulted in aggregate gross proceeds of approximately $900 million. Hovnanian used the proceeds of the offerings to fund the cash tender offer and consent solicitation (the “Tender Offer”) for any and all of its 10?% Senior Secured Notes due 2016 (the “Existing Secured Notes”) and to redeem any of its Senior Notes not tendered pursuant to the Tender Offer.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Paul Weiss – Roark Capital Management Closes $1.5 Billion Private Equity Fund

Paul, Weiss advised Roark Capital Management in the final closing of Roark Capital Partners III. The final closing secured commitments bringing the aggregate total to $1.5 billion, which exceeded the initial target of $1.25 billion. The fund will target control equity and equity-related investments in middle-market companies primarily in the United States.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York