Davis Polk advised the initial purchasers on a Rule 144A/Regulation S offering of $600 million aggregate principal amount of 5.875% senior notes due 2021 by DuPont Fabros Technology, L.P. We also advised Goldman, Sachs & Co. as dealer manager in connection with DuPont Fabros Technology L.P.’s cash tender offer for its outstanding 8.5% senior notes due 2017 and related consent solicitation. The tender offer will be funded in part with the proceeds of the notes offering.

More >>

The Firm recently represented J.P. Morgan, BofA Merrill Lynch, Credit Suisse, RBC Capital Markets, Wells Fargo Securities and the other initial purchasers in a sale of $500 million of 7.250% Senior Notes due 2021 of JBS USA, LLC, a Delaware corporation, pursuant to Rule 144A and Regulation S.  The Firm also represented the lenders in a concurrent borrowing by JBS USA, LLC of incremental term loans in the amount of $500 million under JBS USA’s existing senior secured term loan facility.  The use of proceeds of the transactions is to repay existing indebtedness of JBS USA.

More >>

Winston & Strawn LLP has announced Christine A. Spletzer and Bola Oloko have joined the firm’s real estate practice in the New York office. Ms. Spletzer, who was previously with Winston & Strawn, rejoins the firm as partner from Paul Hastings, and Mr. Oloko joins as of counsel from Duval & Stachenfeld.

More >>

Paul Hastings LLP, a leading global law firm, announced today that the firm advised the debt financing providers in connection with affiliates of Kohlberg Kravis Roberts & Co. L.P.’s acquisitions of PRA International and ReSearch Pharmaceutical Services, Inc., both leading global contract research organizations that provide outsourced clinical development services to the biotechnology and pharmaceutical industries.

More >>

Blank Rome LLP is pleased to announce that Robert J. Kenney Jr. has joined the Firm as Partner in the Corporate Litigation group.  He is based in the Firm’s New York office.

More >>

Paul Hastings LLP, a leading global law firm, represented Deutsche Bank, Morgan Stanley and UBS as the lead underwriters in connection with the initial public offering of Mexican low-cost airline Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris”). The offering involved an issuance of Series A shares in Mexico which were listed on the Mexican Stock Exchange and an issuance of Ordinary Participation Certificates in the form of American Depositary Shares in the U.S. and other countries outside of Mexico.  The ADSs were registered with the SEC and listed on the New York Stock Exchange.  The underwriters also exercised the over-allotment option which closed concurrently with the offering.

More >>

Simpson Thacher represented Kohlberg Kravis Roberts & Co. L.P. (“KKR”) in the substantially contemporaneous acquisitions of PRA Holdings, Inc. (“PRA”) by KKR and of RPS Parent Holding Corp. (“RPS”) by PRA. As part of the financing for the acquisitions, PRA issued $375 million aggregate principal amount of 9.500% Senior Notes due 2023 in a Rule 144A and Regulation S offering and entered into a new $825 million term loan facility and a new $125 million revolving credit facility.

More >>

Foley announced today that Lisa Estrada has joined the firm’s Health Care Industry Team as a partner in the New York office.

More >>

Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. as joint lead arrangers and joint book managers in connection with a $10 billion 364-day credit facility for Johnson & Johnson.

More >>

Morgan Lewis announced today that Kevin O’Mara, a lawyer specializing in the representation of private equity and hedge funds in diverse industry sectors, has joined the firm as a partner in its Business and Finance Practice, resident in New York.

More >>