Paul Hastings LLP, a leading global law firm, represented the initial purchasers in connection with the initial public offering by FibraHotel on the Mexican Stock Exchange. FibraHotel is the very first lodging and very first sector specific Real Estate Investment Trust (REIT) in Latin America and one of only two Mexican REITS to be utilized in the wake of a comprehensive legal overhaul in Mexico that created the “FIBRA”, a new Mexican investment vehicle, which bears many similarities to the U.S. REIT. The four-times oversubscribed offering involved the issuance of approximately $300 million in FibraHotel’s stock publicly on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S. The initial purchasers involved in this transaction were J.P. Morgan and BBVA.
Tags: Paul Hastings, LLP | New YorkPaul Hastings Represents Cowen and Company in Spartan Stores, Inc.’s Private Placement of Notes
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cowen and Company in connection with the private exchange and purchase of $50.0 million aggregate principal amount of newly issued 6.625% senior notes due 2016 for approximately $40.3 million aggregate principal amount of Spartan Stores, Inc.’s existing 3.375% convertible senior notes and approximately $9.7 million in cash from an existing note holder of Spartan Stores, Inc.
Tags: Paul Hastings, LLP | New YorkHerbert Smith Freehills Advises Ten Network Holdings on Its A$230 Million Entitlement Offer
Herbert Smith Freehills is advising Ten Network Holdings Limited (TEN) on its A$230 million underwritten pro rata accelerated non-renounceable entitlement offer, announced today.
Tags: Herbert Smith Freehills LLPMcDermott Represents Young Innovations, Inc. in Acquisition by Linden Capital Partners
McDermott Will & Emery represented Young Innovations, Inc. (Nasdaq: YDNT) in connection with its acquisition by an affiliate of Linden Capital Partners, a Chicago-based private equity firm, for approximately $314 million.
Tags: McDermott Will & Emery LLPMcDermott Represents Intersnack in its Acquisition of KP Snacks
International law firm McDermott Will & Emery LLP represented the Intersnack Group in its acquisition of KP Snacks, United Biscuits’ salty snacks unit, for an undisclosed sum.
Tags: McDermott Will & Emery LLPCahill Represents JPMorgan Chase Bank in $1.25 Billion Credit Facility for Sirius XM Radio
Cahill represented JPMorgan Chase Bank, N.A. as administrative agent and the lead arrangers in connection with the $1,250,000,000 revolving credit facility for Sirius XM Radio Inc.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill – Ally Financial Completes $500 Million Public Offering
Cahill represented the joint book-running managers and co-managers in connection with the Public offering of $500,000,000 aggregate principal amount of 3.125% Senior Guaranteed Notes due 2016 for Ally Financial Inc. Proceeds from the offering will be used for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New YorkSkadden – Bank of America/Merrill Lynch Prevails in CDO-Related Appeal
For Bank of America and Merrill Lynch, Skadden secured the affirmance of the dismissal of two double-derivative suits that sought to compel the BofA board to force its Merrill subsidiary to bring various claims against certain of Merrill’s former officers and directors in connection with Merrill’s allegedly risky investments in collateralized debt obligations.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP | New YorkHerrick, Feinstein Adds Real Estate Industry Veteran Richard Kalikow
Herrick, Feinstein LLP announced today that Richard R. Kalikow, a real estate industry veteran with more than four decades of global expertise, has joined the firm’s New York office as a Partner.
Tags: Herrick, Feinstein LLP | New YorkWhite & Case Advises Nestlé Health Science on Joint Venture with Chi-Med
Global law firm White & Case LLP has advised Nestlé Health Science S.A., a fully owned subsidiary of Nestlé S.A., on a 50/50 joint venture with Chi-Med Group, a pharmaceutical and healthcare group listed on the London Stock Exchange (AIM).
Tags: White & Case LLP | Singapore