Milbank Strengthens Leading Financial Institutions Practice with Addition of Derivatives Partner John Williams in New York

In the latest boost to its leading financial institutions practice, Milbank, Tweed, Hadley & McCloy announced that John Williams, who focuses on complex transactional and regulatory work in the derivatives space, has joined the firm’s New York office as a partner. His arrival expands the derivatives capability of Milbank, which represents leading global banks and financial institutions in the largest business markets worldwide.

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Tags:  Milbank LLP | New York

Milbank Advises on $519 Million CLO Issuance by Affiliate of KKR Asset Management LLC

Milbank, Tweed, Hadley & McCloy LLP recently represented affiliates of KKR Asset Management LLC (KAM) in the structuring and issuance of approximately $519 million of collateralized loan obligation (CLO) notes in a transaction in which Citigroup Global Markets Inc. acted as lead initial purchaser and placement agent, KKR Capital Markets LLC acted as an initial purchaser and placement agent, and Natixis Securities Americas LLC acted as a placement agent. The CLO notes are collateralized primarily by a diversified portfolio of senior secured corporate loan obligations selected by and to be managed for the CLO issuer by a KAM affiliate. KAM was formed in June 2004 as a subsidiary of Kohlberg Kravis Roberts & Co. L.P., a leading global investment firm with a 37-year history of leadership, innovation and investment excellence.

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Tags:  Milbank LLP | New York

Jason R. Eig Joins Dickstein Shapiro’s Corporate & Finance Practice

Dickstein Shapiro LLP is pleased to announce that Jason R. Eig has returned to the firm as a partner in the Corporate & Finance Practice. Jason previously practiced with the firm from 1999 to 2007. He is a corporate attorney who represents clients on real estate, finance, and general corporate transactional matters focusing in many areas, including industrial, financial services, energy/commodities, health care, and hospitality.

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Tags:  Cadwalader, Wickersham & Taft LLP

Davis Polk – AK Steel Corporation Add-On High-Yield Notes Offering

Davis Polk advised Merrill, Lynch, Pierce, Fenner & Smith Incorporated as the initial purchaser in a Rule 144A/Regulation S add-on offering by AK Steel Corporation, a wholly owned subsidiary of AK Steel Holding Corporation, of $30 million aggregate principal amount of 8.750% senior notes due 2018. The add-on notes form part of the same series as the existing $350 million aggregate principal amount of 8.750% senior notes due 2018 previously issued by AK Steel Corporation. The notes are guaranteed on a senior unsecured basis by AK Steel Holding Corporation.

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Tags:  Davis Polk & Wardwell LLP | New York