Simpson Thacher Represents Initial Purchasers in US $600 Million Securitized Fixed Rate Senior Secured Notes Offering by Subsidiaries of Iconix Brand Group, Inc.

The Firm represented the initial purchasers, led by Barclays Capital Inc., in connection with a US $600 million offering of 4.229% Fixed Rate Senior Secured Notes by subsidiaries of Iconix Brand Group, Inc. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The net proceeds from the offering were used to repay amounts outstanding under Iconix’s existing revolving credit facility and costs associated with the securitized financing transaction as well as to finance a portion of Iconix’s purchase of the Umbro brand and general corporate purposes.

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Tags:  Simpson Thacher & Bartlett LLP | New York

James (Jim) Witz Joins Littler In Chicago

Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added James (Jim) M. Witz as a shareholder to its growing ranks. Witz joins Littler from Freeborn & Peters LLP where he was a partner and head of its Non-Competition and Trade Secret practice. He will co-lead Littler’s Chicago Unfair Competition and Trade Secrets practice with Littler shareholder David Haase, in addition to continuing his general employment litigation and counseling practice.

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Tags:  Littler Mendelson P.C.

White & Case Advises PagesJaunes Group on a New Facility Agreement

Global law firm White & Case LLP represented PagesJaunes Group SA (“PJG”), a French directory group publicly listed on the Euronext Paris exchange, in connection with an amendment to and extension of its senior loan facilities under its €2,350,000,000 facility agreement dated 24 October 2006. The amendment extends the maturity of just under €1 billion of the company’s senior loans from 2013 to 2015 in exchange for an immediate prepayment of about €480 million of its outstanding loans and the introduction of scheduled amortization on the remaining outstanding portion of its senior loans. Lenders, whose participations represent more than 90% of the debt initially scheduled to mature in 2013, agreed to the amendment and extension.

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Tags:  White & Case LLP

Clifford Chance Advises The State Oil Fund of Azerbaijan in Connection with 78 St James’s Acquisition

Clifford Chance has advised The State Oil Fund of Azerbaijan (SOFAZ) in connection with the indirect acquisition of 78 St James’s Street SW1 for £177.3 million. The office property, located in London’s West End, was bought from the German open-ended fund of RREEF Real Estate, the real estate investment business of Deutsche Bank’s Asset & Wealth Management division. This represents SOFAZ’s first real estate investment.

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Tags:  Clifford Chance LLP

Taylor Wessing Appoints New Corporate Partner in Middle East

International law firm Taylor Wessing (Middle East) LLP today announced the appointment of Tahir Ahmed as a new partner in its Corporate Finance group. Tahir’s appointment brings the total number of partners in the Dubai office to six and follows the recent appointment in June 2012 of Neale Downes as a partner to lead the finance team.

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Tags:  Taylor Wessing LLP | Dubai