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.

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Tags:  Paul Hastings, LLP | New York

Terence K. McLaughlin Joins Morrison Cohen as New Lateral Partner

Morrison Cohen LLP has announced the admission to the Firm of its newest lateral partner,Terence K. McLaughlin. Mr. McLaughlin will join the Firm’s Business Litigation Department. Immediately prior to joining, Mr. McLaughlin was a partner in the Litigation Department of Willkie Farr & Gallagher LLP.

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Tags:  New York

Simpson Thacher Represents Initial Purchasers in Sale of $1.05 Billion Senior Notes by Laureate Education, Inc. and Related Tender Offer

Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. in the recent sale of an aggregate principal amount of $1.05 billion additional 9.250% Senior Notes due 2019 of Laureate Education, Inc. pursuant to Rule 144A and Regulation S. The firm also represented J.P. Morgan Securities LLC as dealer manager in connection with Laureate’s tender offers to purchase its existing 10.25%/11% Senior Toggle Notes due 2015 and 10% Senior Notes due 2015. Laureate will use the net proceeds from the note offering to fund the tender offers and for other repayments of outstanding indebtedness.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Schulte Roth & Zabel Announces Expansion of Regulatory & Compliance Practice with Addition of Brian Daly

Schulte Roth & Zabel is pleased to announce that Brian T. Daly has joined the firm as a partner in its Investment Management and Regulatory & Compliance groups. Resident in the firm’s New York office, Mr. Daly concentrates on advising hedge and private equity fund managers on regulatory, compliance and operational matters, including registration and disclosure obligations, trading issues, advertising and marketing, and the establishment of compliance programs.

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Tags:  Schulte Roth & Zabel LLP | New York