On March 27, it was announced that Aquiline Capital Partners LLC and Genstar Capital LLC have agreed to acquire Genworth Financial Inc.’s Wealth Management business for $412.5 million. The acquisition includes both of Genworth’s Wealth Management’s businesses: Genworth Financial Wealth Management, an investment management and consulting platform, and Altegris, a provider of premier alternative investments.

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Shearman & Sterling advised Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corporation, HSBC Bank USA, National Association, Mizuho Corporate Bank, Ltd., Banco del Estado de Chile, Korea Finance Corporation, Nippon Export and Investment Insurance and Korea Trade Insurance Corporation as lenders or insurers in connection with the $1.05 billion secured financing for the Cochrane power project in Chile being developed by AES Gener and Mitsubishi Corporation.

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In a move that reinforces Nixon Peabody LLP’s health care practice as one of the preeminent practices in New York State, the firm is pleased to announce that veteran health care attorneys Philip Rosenberg and Laurie Cohen have joined the firm’s Albany, NY, office as new partners. Mr. Rosenberg and Ms. Cohen, who left Wilson Elser, an Am Law 100 firm, will be working along with current Nixon Peabody partner Peter Millock, a former general counsel at the New York State Department of Health, and counsel Barbara Asheld, a former house counsel at the Department of Health.

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Davis Polk advised Orbitz Worldwide, Inc. (Orbitz) in connection with its new $515 million senior secured credit agreement consisting of four and one-half year tranche B term loans in an initial aggregate principal amount of $150 million, six year tranche C term loans in an initial aggregate principal amount of $300 million and a four and one-half year revolving credit facility in an initial aggregate principal amount of $65 million. Proceeds from the term loans were used to repay in full the outstanding indebtedness under Orbitz’s existing credit facility. Loans and letters of credit will be available under the revolving facility for working capital and general corporate purposes.

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Cravath represented the underwriters, led by Morgan Stanley, BofA Merrill Lynch and Goldman, Sachs & Co., in connection with the US$264 million initial public offering of common stock of Aviv REIT, Inc., a self‑administered real estate investment trust specializing in the ownership and triple‑net leasing of post‑acute and long‑term care skilled nursing facilities. The shares were listed on the New York Stock Exchange. The transaction closed on March 26, 2013.

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Bracewell & Giuliani LLP is representing Centrica, a British gas owner, in an agreement with U.S.-based energy company Cheniere Energy Partners to buy 1.75 million tonnes of liquefied natural gas (LNG) per year. The 20-year agreement with Cheniere Energy Partners would allow Centrica to export enough LNG from the U.S. to supply 1.8 million British homes each year.

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Simpson Thacher recently represented ARAMARK Corporation (“ARAMARK”) in connection with its 144A/Regulation S high yield offering of $1,000 million 5.75% Senior Notes due 2020 and the amendment to its existing credit agreement providing for, among other things, $1,400 million of new term loans and the extension of a portion of the commitments under its revolving credit facilities. Simpson Thacher also represented ARAMARK and ARAMARK Holdings Corporation, the indirect parent of ARAMARK, in connection with cash tender offers for their outstanding senior notes.

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Davis Polk advised Barclays Capital Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as joint book-running managers on a $3 billion registered notes offering by Medtronic, Inc. The notes were issued in three tranches: $1 billion aggregate principal amount of 1.375% senior notes due 2018, $1.25 billion aggregate principal amount of 2.75% senior notes due 2023 and $750 million aggregate principal amount of 4.000% senior notes due 2043.

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Davis Polk advised Western Refining, Inc. (Western Refining) in connection with its offering of 6.25% senior notes due 2021 in the aggregate amount of $350 million and a concurrent cash tender offer by Western Refining for any and all of its 11.25% senior notes due 2017. The notes were sold pursuant to Rule 144A and Regulation S under the Securities Act of 1933. The tender offer consideration was funded from the net proceeds of the offering.

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Davis Polk advised Goldman, Sachs & Co. in connection with a variable maturity, capped accelerated share repurchase transaction it entered into with The McGraw-Hill Companies, Inc. under which McGraw-Hill is repurchasing $500 million of its common stock. Under the terms of the transaction, McGraw-Hill initially received approximately 7.2 million shares of its common stock, and the total number of shares to be repurchased will be determined over a period that is expected to last no longer than approximately four months.

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