Paul Hastings LLP, a leading global law firm, announced today that the firm represented GE Capital as joint lead arranger and sole administrative agent for a $260 million Term Loan B and $225 million ABL revolving credit facility in support of KPS Capital Partners LP’s acquisition of ThyssenKrupp Waupaca, Inc., the largest independent iron foundry in the world, from ThyssenKrupp Budd Company through a newly formed company, Waupaca Foundry Holdings, Inc. RBC Capital Markets and Wells Fargo Capital Finance will also act as lead arrangers for the financing of the acquisition.
Tags: Paul Hastings, LLP | New YorkWiggin and Dana Advises AboveNet in connection with its $2.2 Billion Acquisition by Zayo Group
Wiggin and Dana LLP advised AboveNet, Inc. in connection with its $2.2 billion acquisition by Zayo Group, LLC. The transaction closed on July 2, 2012.
Tags: Wiggin and Dana, LLP | New YorkDavis Polk Advises BBVA on the Sale of Its Puerto Rican Operations
Davis Polk is advising Banco Bilbao Vizcaya Argentaria, S.A. in connection with its $500 million sale of its Puerto Rican operations to Oriental Financial Group Inc. The transaction is subject to customary regulatory approvals and targeted to close before the end of 2012.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Province of Ontario $1 Billion Global Bond Offering
Davis Polk advised underwriters represented by Deutsche Bank Securities Inc., Goldman Sachs International, J.P. Morgan Securities Ltd. and TD Securities (USA) LLC in connection with the offering of $1 billion aggregate principal amount of 2.45% bonds due 2022, issued by the Province of Ontario.
Tags: Davis Polk & Wardwell LLP | New YorkMilbank – Million Registered Public Offering by Pioneer Natural Resources
Milbank’s Global Securities Group recently represented Citigroup, Deutsche Bank Securities, Credit Suisse, UBS Investment Bank, Wells Fargo Securities and a syndicate of six other underwriters in connection with the registered public offering by Pioneer Natural Resources Company (“Pioneer”) of $600 million aggregate principal amount of 3.95% Senior Notes due 2022.
Tags: Milbank LLP | New YorkMilbank Represents Leading Chilean Retailer Cencosud in its United States Initial Public Offering
In a noteworthy move by a South American company to access the US equity markets, law firm Milbank, Tweed, Hadley & McCloy LLP has represented leading Latin American retailer Cencosud S.A. in its global offering and US IPO on the New York Stock Exchange. The US IPO was part of a global offering that raised approximately $1.3 billion.
Tags: Milbank LLP | New YorkSimpson Thacher Represents BRF-Brasil Foods in US$250 Million Reopening of International Bond Offering
The Firm recently represented BRF – Brasil Foods S.A. in an offering of US$250 million aggregate principal amount of additional 5.875% Senior Notes due 2022. The additional notes constituted a reopening of the US$500 million aggregate principal amount of notes initially issued on June 6, 2012, increasing the aggregate principal amount of the series to US$750 million. The international offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. The net proceeds from the offering will be used by Brasil Foods to extend its debt maturity profile.
Tags: Simpson Thacher & Bartlett LLP | New YorkWillkie Advises Loral Space in Sale of Satellite Manufacturing Unit in Deal Valued at Over $1 Billion
On June 26, longtime Willkie client Loral Space & Communications Inc. announced it has entered into a definitive agreement to sell wholly owned subsidiary Space Systems/Loral, Loral’s satellite manufacturing unit, to Canada-based MacDonald, Dettwiler and Associates Ltd. for $875 million and cash dividends and other payments from SS/L which are expected to be in excess of $135 million. Headquartered in New York City, Loral is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications, including fixed satellite services, direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management. MDA delivers a broad spectrum of information solutions, including complex operational systems, tailored information services and electronic information products for business and government organizations worldwide.
Tags: Willkie Farr & Gallagher LLP | New YorkDavis Polk Advises IHS Inc. on Secondary Offering
Davis Polk advised IHS Inc., as issuer, and Conscientia Investment Limited, as selling stockholder, on the SEC-registered secondary offering by the selling stockholder of 10,000,000 shares of Class A common stock, for an aggregate price to public of $1 billion. Goldman, Sachs & Co. acted as underwriter.
Tags: Davis Polk & Wardwell LLP | New YorkShearman & Sterling Advises on $1.8 Billion Financing for Watson Pharmaceuticals’ Acquisition
Shearman & Sterling advised Bank of America, N.A. as administrative agent, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC as joint book managers and joint lead arrangers and Barclays Bank PLC and J.P. Morgan Securities LLC as joint lead arrangers in connection with a $1.8 billion term loan financing for Watson Pharmaceuticals, Inc. related to its acquisition of Actavis Pharma Holding 4 ehf. and Actavis Inc.
Tags: Shearman & Sterling LLP | New York





