International law firm Milbank, Tweed, Hadley & McCloy represented Nomura, BBVA, Morgan Stanley, Deutsche Bank and HSBC as joint lead arrangers and joint bookrunners for a $4.8 billion senior secured credit facility and a $1 billion senior notes issuance for Spanish pharmaceutical firm Grifols S.A.
Tags: Milbank LLPCahill Represents Underwriters in $400 Million Public Offering by R.R. Donnelley & Sons
Cahill represented BofA Merrill Lynch, Citigroup, J.P. Morgan, Mitsubishi UFJ Securities, US Bancorp, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the public offering of $400,000,000 aggregate principal amount of 6% Notes due 2024 by R.R. Donnelley & Sons Company, a global provider of integrated communications. Proceeds from the offering were used to refinance existing indebtedness. More >>
Tags: Cahill Gordon & Reindel LLPFreshfields Advises Global Co-ordinator on Landmark €577m PBCE Project Bond Financing for major Belgian road building project
International law firm Freshfields Bruckhaus Deringer advised the Global Co-ordinator in relation to the financing of the A11 PPP Road Project in Belgium. It is the first “greenfield” infrastructure project to be financed with the benefit of the European Investment Bank’s Project Bond Credit Enhancement Facility (“PBCE”). The PBCE is a key element in the efforts to revive debt capital markets funding for European infrastructure projects.
Tags: Freshfields Bruckhaus Deringer LLPJudge Approves $218M Madoff Settlement
The U.S. District Court for the Southern District of New York today announced an approved $218 million settlement on behalf of Bernard L. Madoff investors in a suit filed against JPMorgan Chase Bank, N.A. and its parents, subsidiaries and affiliates. Hagens Berman represented the Investors.
Allen & Overy advises lenders on the Roy Hill iron ore project, the largest ever project financing in the mining sector
Allen & Overy acted as Australian and international counsel to the export credit agencies and commercial lenders on the financing of the integrated Roy Hill iron ore project, the world’s largest ever project financing in the mining sector.
The project sponsors, namely Hancock Prospecting, Marubeni, POSCO and CSC recently announced the finalisation of the USD7.2 billion project financing arrangements, which completes the funding package required to construct the USD10 billion project.
Tags: Allen & Overy LLPSimpson Thacher Represents JPMorgan Chase & Co. in $3.5 Billion Sale of its Physical Commodities Business
Simpson Thacher is representing JPMorgan Chase & Co. (NYSE: JPM) in connection with the announced sale of its physical commodities business to Mercuria Energy Group Limited, a global energy and commodities trading company, for $3.5 billion. The all-cash transaction is expected to close in the third quarter of 2014, subject to regulatory approvals.
Tags: Simpson Thacher & Bartlett LLPClifford Chance advises underwriters on EUR 300 million Tier 2 bond issue of Aareal Bank
Clifford Chance advised the joint lead managers on the bond issue of Aareal Bank AG, Wiesbaden, with a volume of EUR 300 million.
The bond consists of Subordinated Callable Fixed Rate Reset Notes with scheduled maturity in March 2026.
Tags: Clifford Chance LLPDavis Polk Advises Tango on Round of Financing Led by Alibaba Group
Davis Polk advised Tango on a $280 million round of financing led by the Alibaba Group at $215 million, with the additional $65 million coming from some of Tango’s prior investors.
Tags: Davis Polk & Wardwell LLPFreshfields Advises Hutchison Whampoa on US$5.6bn AS Watson Strategic Alliance
International law firm Freshfields Bruckhaus Deringer has advised Hong Kong conglomerate Hutchison Whampoa on the establishment of a strategic alliance between its subsidiary A.S. Watson Holdings (AS Watson) and Temasek.
Tags: Freshfields Bruckhaus Deringer LLPKaye Scholer Client Onex Sells The Warranty Group to TPG for Approximately $1.5 Billion
Canadian private equity firm Onex Corporation (TSX; OCX) today announced that it has signed a definitive agreement to sell The Warranty Group, Inc., a leading global provider of warranty solutions and related programs, to private equity firm TPG for an enterprise value of approximately $1.5 billion. Kaye Scholer is advising long-term client Onex and The Warranty Group on legal matters related to the transaction.
Tags: Arnold & Porter Kaye Scholer LLP