Paul Weiss – Roark Capital Management Closes $1.5 Billion Private Equity Fund

Paul, Weiss advised Roark Capital Management in the final closing of Roark Capital Partners III. The final closing secured commitments bringing the aggregate total to $1.5 billion, which exceeded the initial target of $1.25 billion. The fund will target control equity and equity-related investments in middle-market companies primarily in the United States.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Paul Weiss – Oaktree Sells Aircraft Leasing Company to Mitsubishi Unit for $1.3 Billion

As reported in The New York Times, Paul, Weiss client Oaktree Capital Management agreed to a sale of its aircraft leasing company JSA International, which operates as Jackson Square Aviation, to Mitsubishi Corp.’s unit UFJ Lease and Finance Co., Ltd. for U.S. $1.3 billion. San Francisco-based Jackson Square, set up in 2010 with $500 million seed money from Oaktree, operates a fleet of about 70 aircraft with branch offices in Seattle, Miami, Europe and Asia. The deal will be financed with cash and bank loans and is expected to close in December.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Morrison & Foerster Adds Leading Real Estate Finance Partner Masahiro Shiga in Tokyo

Morrison & Foerster is pleased to announce that leading Japanese real estate finance lawyer Masahiro Shiga has joined Ito Mitomi Horitsu Jimusho (“Ito & Mitomi”) as a partner. Ito & Mitomi has established a joint enterprise with Morrison & Foerster to provide legal services through its Tokyo office. Mr. Shiga joined together with associates Mori Inada and Mansu Pak; their arrival enhances what is already the premier real estate practice among international law firms in Japan.

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Tags:  Morrison & Foerster LLP | Tokyo

Shearman & Sterling Advises on Interbank’s US$250 Million Senior Notes Offering

Shearman & Sterling represented Banco Internacional del Perú S.A.A.- Interbank, a Peruvian bank, acting through its Panamanian branch in connection with its 144A/Regulation S offering of US$250 million aggregate principal amount of its 5.750% Senior Notes Due 2020. This offering is a reopening of its previous offering of 5.750% Senior Notes due 2020 issued on October 7, 2010.

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Tags:  Shearman & Sterling LLP | New York

Shearman & Sterling Advises on US$4.1 Billion Grupo Financiero Santander México IPO

Shearman & Sterling represented the syndicate of banks led by UBS Securities LLC as sole financial advisor and led by global coordinators Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Santander Investment Securities Inc. and UBS Securities LLC, underwriting the US$4.1 billion initial public offering of American depositary shares represented by shares of Series B common stock of Grupo Financiero Santander México, S.A.B. de C.V., the Mexican subsidiary of Spain’s Banco Santander S.A. Grupo Financiero Santander México, S.A.B. de C.V. dual listed its shares with the New York Stock Exchange and the Mexican Stock Exchange.

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Milbank Represents Bosque Power Company in $432 Million Sale of Texas Power Plant

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Corporate partner John Franchini together with Global Project Finance partner William Bice, acted as counsel to Bosque Power Company, in the $432 million sale, plus adjustments, of its 800-megawatt central Texas power plant to Calpine Corporation, the largest U.S. independent power generator.

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Tags:  Milbank LLP | New York