ACH Shoosmiths Opens for Business

ACH Shoosmiths is launched today (Monday 1 October). It is the result of a merger between top 40 national law firm Shoosmiths and Edinburgh-based Archibald Campbell & Harley.

More >>

Norton Rose Advises on £400 Million Development Financing of Kings Reach Tower in Southwark, London

The Dubai and London offices of international law firm Norton Rose advised a syndicate of Middle Eastern banks led by ABC International Bank plc, a European subsidiary of Arab Banking Corporation B.S.C, in relation to a senior Shariah compliant facility to Kings Reach Estates Limited, a joint venture between London developer CIT and Jadwa Investment for the redevelopment and refurbishment of the Kings Reach Tower in Southwark, London.

More >>

Tags:  Norton Rose Fulbright | Dubai

Davis Polk – DIRECTV Holdings $2.5 Billion Revolving Credit Facilities

Davis Polk advised Citigroup Global Markets, Inc. and Barclays Capital as active joint lead arrangers in connection with a $1 billion 3.5-year unsecured revolving credit facility and a $1.5 billion 5-year unsecured revolving credit facility provided to DIRECTV Holdings LLC. The obligations of the borrower under both credit facilities are guaranteed by DIRECTV and certain of the borrower’s material domestic subsidiaries. The facilities will be used for general corporate purposes.

More >>

Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – Colombia Telecomunicaciones $750 Million Notes Offering

Davis Polk advised Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC as representatives of the initial purchasers in connection with the debut global offering by Colombia Telecomunicaciones S.A. ESP of $750 million aggregate principal amount of its 5.375% senior notes due 2022. The notes were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933.

More >>

Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – XPO Logistics, Inc. $125 Million Convertible Senior Notes Offering

Davis Polk advised Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. as joint book-running managers on an SEC-registered offering of $125 million aggregate principal amount of 4.5% convertible senior notes due 2017 of XPO Logistics, Inc. The total proceeds of the offering were approximately $120.3 million.

More >>

Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – Tempur-Pedic $2.12 Billion Acquisition Financing

Davis Polk is advising Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole lead arranger and bookrunner in connection with $2.12 billion of financing provided to Tempur-Pedic International Inc. for its proposed acquisition of Sealy Corporation. The financing consists of $1.42 billion senior secured term loan facilities, a $350 million senior secured revolving credit facility and a $350 million senior unsecured bridge facility.

More >>

Tags:  Davis Polk & Wardwell LLP | New York