The Firm recently represented Kohlberg Kravis Roberts & Co. L.P. (“KKR”) and MerchCap Solutions LLC (“MCS”) in the formation of Maritime Finance Company, a new specialty finance company created to lend to the maritime industry. Maritime Finance will initially be capitalized with $580 million of equity, over 45% of which has been provided by KKR and its affiliates. The balance of the capital was arranged by MCS. The transaction closed on August 19, 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkThompson Hine Expands New York Office with Antitrust Partner – Michael W. Jahnke Most Recent Lateral Partner to Join Firm
Thompson Hine LLP is pleased to announce that Michael W. Jahnke has joined its New York office as a partner in the Business Litigation practice, which the firm has identified as a growth area for the office. Jahnke is the second partner to join the Business Litigation practice in New York this month; the firm recently hired partner Maranda Fritz, who focuses on white-collar criminal matters.
Tags: Thompson Hine LLP | New YorkRiker Danzig Welcomes New Tax and Trusts & Estates Partner
Tracy Green Landauer has joined Riker Danzig as a partner in the Tax and Trusts & Estates Group, resident in the Firm’s New York Office. Tracy provides personal estate planning, charitable gift planning and closely-held business succession planning to a broad range of individuals and families. Tracy also provides ongoing and special issue representation to both new and established private foundations (individual and corporate) and public charities including arts, health, educational, community, literary, research and trade organizations.
Tags: Riker Danzig LLP | New YorkWeil Advises Edwards Group on Its Takeover by Atlas Copco
International law firm Weil, Gotshal & Manges has represented Edwards Group Limited, as co-counsel with Davis Polk & Wardwell London LLP, on its takeover by Atlas Copco. Edwards, the Crawley, UK-headquartered developer and manufacturer of vacuum products, abatement systems and related value-added services, has entered in to a definitive merger agreement with Swedish industrial group Atlas Copco AB, which has leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems.
Tags: Weil, Gotshal & Manges, LLP | New YorkMayer Brown Strengthens Latin America Group with Addition of George Baptista as Partner in New York
Mayer Brown, a leading global law firm, announced the addition of George Baptista as a partner in its Banking & Finance practice and Latin America group in New York. He joins from Allen & Overy in New York, where he was senior counsel in the International Capital Markets Group.
Tags: Mayer Brown LLP | New YorkShearman & Sterling Advises Underwriters in Cenovus Energy Inc.’s $800 Million Offering of Notes
Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as joint book-running managers, BMO Capital Markets Corp., BNP Paribas Securities Corp., CIBC World Markets Corp., Credit Suisse Securities (USA) LLC, RBS Securities Inc. and Scotia Capital (USA) Inc., as senior co-managers, and Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc. and SMBC Nikko Securities America, Inc., as co-managers, in connection with Cenovus Energy Inc.’s $800 million offering consisting of $450,000,000 aggregate principal amount of 3.800% notes due 2023 and $350,000,000 aggregate principal amount of 5.200% notes due 2043.
Tags: Shearman & Sterling LLP | New YorkDavis Polk Advises Capital Z Partners on Its Investment in Anchor BanCorp
Davis Polk is advising Capital Z Partners as an investor in the $175 million recapitalization of Anchor BanCorp Wisconsin Inc. In order to facilitate the recapitalization, Anchor BanCorp has filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of Wisconsin to implement a “pre-packaged” plan of reorganization to restructure Anchor BanCorp and recapitalize its wholly owned subsidiary, AnchorBank, fsb. The reorganization process is expected to be completed within 45-90 days.
Tags: Davis Polk & Wardwell LLP | New YorkSimpson Thacher Represents Sirius XM Radio Inc. in Acquisition of Agero’s Connected Vehicle Services Unit
The Firm is representing Sirius XM Radio Inc. (“SiriusXM”) in connection with its $530 million acquisition of the connected vehicle services unit of Agero, Inc. (“Agero”). The connected vehicle unit of Agero is the leading provider of innovative telematics services, offering safety, security and convenience services for drivers and end-to-end, turnkey solutions for automakers. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close in the fourth quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkCahill Represents Purchasers in $300 Million Notes Offering by Playa Resorts
Cahill represented BofA Merrill Lynch and Deutsche Bank Securities as joint book-running managers and the co-managers in connection with Rule 144A offering of $300,000,000 aggregate principal amount of 8% Senior Notes due 2020 by Playa Resorts Holding B.V. Proceeds from the offering, together with proceeds from an investment from Hyatt Hotels Corporation, were used to fund the acquisition of various all-inclusive resorts in Mexico, Dominican Republic and Jamaica as well for general corporate purposes and to refinance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New YorkSimpson Thacher Represents Underwriters in Senior Convertible Notes Offering by Web.com Group, Inc.
The Firm recently represented Wells Fargo Securities, LLC and Deutsche Bank Securities Inc., as underwriters, in connection with a public offering by Web.com Group, Inc. (“Web.com”) of $258,750,000 aggregate principal amount of its 1.00% Senior Convertible Notes due 2018. The offering closed on August 14, 2013.
Tags: Simpson Thacher & Bartlett LLP | New York