Simpson Thacher Represents JPMorgan as Financial Advisor to the Board of Directors of Merchant e-Solutions in $670 Million Sale to Cielo

Simpson Thacher represented JPMorgan as financial advisor to the Board of Directors of Merchant eSolutions, Inc. in connection with Cielo S.A.’s agreement to acquire Merchant eSolutions for $670 million. The transaction is subject to the satisfaction of certain closing conditions.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Chadbourne Represents Southern Cross Latin America Private Equity Fund IV, L.P. in Connection with Signing of Investment Agreement with Estrella International Energy Services Ltd.

Chadbourne & Parke LLP represented Southern Cross Latin America Private Equity Fund IV, L.P. (“Southern Cross”) in connection with their proposed investment in Estrella International Energy Services Ltd. (“Estrella”) (TSX‐V: EEN), a group of companies engaged in providing services to the petroleum, mining and geothermal industries in Latin America.

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Tags:  New York

Paul, Weiss – Time Warner Cable Closes $1 Billion Notes Offering

On June 27, client Time Warner Cable Inc. closed a £650,000,000 (approximately U.S. $1 billion) registered offering of 5 1/4% notes due 2042. The notes were offered in the United Kingdom. The bookrunning managers for the transaction were Barclays Bank PLC, Deutsche Bank AG, London Branch and The Royal Bank of Scotland plc. In connection with the notes offering, the company entered into cross-currency swaps to effectively convert its £650 million aggregate principal amount of fixed-rate British pound sterling denominated debt to fixed-rate U.S. dollar denominated debt.

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

Paul Hastings Represented GE Capital in Financing KPS Capital Partners Completed Acquisition of ThyssenKrupp Waupaca Through an Affiliate

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.

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Tags:  Paul Hastings, LLP | New York