The Firm represented Cedar Fair, L.P. (“Cedar Fair”) in restructuring its secured bank and high yield debt profile. The concurrent refinancing transactions by Cedar Fair included (i) the termination of its existing senior secured credit facilities and the entry into a new $630 million senior secured term loan credit facility and a new $255 million senior secured revolving credit facility; and (ii) a private placement, including registration rights for the investors, of $500 million aggregate principal amount of 5.25% Senior Notes due 2021 conducted in reliance on Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in IPO of Artisan Partners
The Firm recently advised the underwriters, led by Citigroup Global Markets Inc. and Goldman, Sachs & Co., on the initial public offering of Class A common stock of Artisan Partners Asset Management Inc. Artisan Partners’ shares are now listed on the New York Stock Exchange under the ticker symbol “APAM”.
Tags: Simpson Thacher & Bartlett LLP | New YorkMayer Brown Strengthens Restructuring, Bankruptcy & Insolvency Practice in NY with Addition of Joel Moss as Partner
Mayer Brown, a leading global law firm, announced today that Joel Moss has joined the firm in New York as a partner in the Restructuring, Bankruptcy & Insolvency practice. Previously, Mr. Moss was a director at Barclays in New York, where he handled bankruptcy and restructuring matters in the US.
Tags: Mayer Brown LLP | New YorkDechert Advises Travelport in Litigation Settlement with American Airlines
Travelport, a leading provider of critical transaction processing solutions and data to global travel companies, and American Airlines, a wholly owned subsidiary of AMR Corporation, today announced that they have resolved all litigation between the two companies, and that they have reached a new long-term, global distribution agreement that enables continued access to shop and book American Airline flights via Travelport. Dechert LLP represented Travelport with respect to the two-year old litigation and advised the company with regard to the new commercial agreement. The terms of the settlement agreement require review and approval by the bankruptcy court presiding over AMR Corporation’s restructuring.
Tags: Dechert LLP | New YorkMcDermott Welcomes Leading Dealmaker to New York Office
McDermott Will & Emery LLP today announced that leading corporate dealmaker Brian Hoffmann has rejoined the Firm as a partner based in its New York office. Mr. Hoffmann, who was previously Co-Chair of the M&A practice in the Americas at another international law firm, has more than 30 years of experience advising clients on dozens of public and private transactions.
Tags: McDermott Will & Emery LLP | New YorkIntellectual Property Litigator Paul Gupta Joins DLA Piper in New York
DLA Piper announced today that Paul R. Gupta has joined the firm’s Litigation and Intellectual Property and Technology practices as a partner in New York.
Tags: DLA Piper | New YorkSimpson Thacher Represents Underwriters in $200 Million Debt Offering by Tupperware Brands Corporation
The Firm represented the underwriters, led by J.P. Morgan and Wells Fargo Securities, in an offering of an additional $200 million of 4.750% Senior Notes due 2021 by Tupperware Brands Corporation (“Tupperware”). The additional notes constituted a reopening of the $400 million aggregate principal amount of notes initially issued on June 3, 2011. The notes are guaranteed on a senior secured basis by Tupperware’s wholly-owned subsidiary, Dart Industries Inc. The collateral securing the Guarantee consists of certain Tupperware® trademarks and service marks owned by Dart.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Catalent in Repricing and Refinancing
Simpson Thacher recently represented Catalent Pharma Solutions, Inc. in connection with an amendment of Catalent’s senior secured credit facility in order to refinance approximately $1.45 billion aggregate principal amount of certain tranches of term loans. As part of the refinancing, lenders agreed to reduce the pricing and extend the maturity of certain term loans.
Tags: Simpson Thacher & Bartlett LLP | New YorkAkin Gump Advises FirstEnergy in $1.5 Billion Senior Notes Offering
Akin Gump Strauss Hauer & Feld LLP represented FirstEnergy Corp. in a $1.5 billion senior notes offering. The transaction closed on March 5.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkShearman & Sterling Advises New England Sports Ventures in Financing
Shearman & Sterling advised New England Sports Ventures, LLC as borrower under a $575 million senior credit facility agented by Bank of America, N.A.
Tags: Shearman & Sterling LLP | New York