Paul Hastings Further Strengthens Global Compliance & Disputes and Global Banking & Payment Systems Practice Groups with Addition of New Partner

Paul Hastings LLP, a leading global law firm, announced today that Behnam Dayanim has joined the firm’s Global Compliance & Disputes and Global Banking & Payment Systems practice groups as a partner in the firm’s Washington D.C. office. Mr. Dayanim, a leading litigation and regulatory attorney, joins the firm from Axinn Veltrop Harkrider where he co-chaired the Litigation and Regulatory Group.

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Paul Hastings Represents Royal Bank of Canada and RBC Capital Markets in $450 Million Financing of Lindsay Goldberg’s Joint Venture with NuStar Energy

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada, as administrative agent and co-collateral agent, and RBC Capital Markets, as joint lead arranger and joint bookrunner, in a $450 million ABL facility to finance private equity fund Lindsay Goldberg LLC’s joint venture with NuStar Logistics, L.P., a subsidiary of NuStar Energy L.P. (NYSE: NS). The joint venture owns and operates refineries located in Paulsboro, New Jersey and Savannah, Georgia, at which it refines crude oil to produce asphalt and certain other refined petroleum products, and engages in the storage, terminaling, transportation and sale of such products.

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McDermott Adds to International Private Client Group

International law firm McDermott Will & Emery today announced that Astrid Owen has joined as a partner in its Private Client Practice Group, based in the Firm’s London office. Astrid Owen provides the Firm with added depth and experience handling international trust, tax and wealth transfer matters on an international scale.

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Fasken Martineau Advises the Waymade Group, and Its Founders Dr Vijay and Mr Bhikhu Patel on Their Disposal of the Amdipharm Business to Leading Private Equity Firm Cinven

The London office of Fasken Martineau, an international business law and litigation firm, announced today that it advised the Waymade Group and Dr Vijay Patel and Mr Bhikhu Patel on their £367 million disposal of the Amdipharm Group of companies to European private equity firm, Cinven.

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Tags:  Fasken Martineau DuMoulin LLP

Davis Polk – PPL Capital Funding, Inc. $400 Million Senior Notes Offering

Davis Polk advised PPL Capital Funding, Inc. on its registered offering of $400 million aggregate principal amount of 3.50% senior notes due 2022, fully and unconditionally guaranteed by PPL Corporation (PPL). Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as representatives of the several underwriters for the offering. PPL Capital Funding and PPL expect the net proceeds from the sale of the notes to be invested in or loaned to subsidiaries of PPL, which will use the funds to repay short-term debt obligations, including commercial paper borrowings, and for general corporate purposes.

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Tags:  Davis Polk & Wardwell LLP | New York