Hunton Andrews Kurth LLP represented the dealer manager in the concurrent cash tender offer for $750 million of Genesis Energy, L.P.’s 6.750% senior notes due 2022. Akin Gump advised Genesis Energy. Genesis Energy, L.P. (NYSE: GEL) announced the commencement of a cash tender offer to purchase any and all of the outstanding aggregate principal amount […]
Ropes & Gray represented Wynnchurch Capital on fundraising for Fund V. Wynnchurch Capital, L.P., a leading middle market private equity firm, executed the closing of its fifth private equity fund, Wynnchurch Capital Partners V, L.P at $2.277 billion of committed capital. The Fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in […]
Cleary Gottlieb represented Vitro S.A.B. de C.V. and its affiliates in the deal. Vitro S.A.B. de C.V. and its affiliates raised US$163 million in a receivables facility with Banco Santander, S.A. The transaction closed on December 23, 2019. The principal business activity of Vitro and its affiliates is the manufacture and sale of glass products, […]
Holland & Knight represented City National Bank in the financing. City National Bank, Florida’s third largest bank, issued a $15 million loan to Sonnedix. The non-recourse loan will be used to finance Sonnedix’s solar photovoltaic (PV) plants in Puerto Rico. The transaction was announced on January 14. Sonnedix is a global independent solar power producer. […]
Fenwick & West represented Scopely in the transaction. Scopely executed the acquisition of FoxNext Games Los Angeles and Cold Iron Studios in San Jose from The Walt Disney Company. FoxNext Games Los Angeles is the game studio behind the blockbuster hit MARVEL Strike Force. Scopely is home to many top-grossing, award-winning franchises including Star Trek™ […]
Kirkland & Ellis counseled Incline Equity Partners on the closing of Incline Equity Partners V, L.P. Incline Equity Partners V, L.P. closed on $1.165 billion of capital commitments. The Fund was oversubscribed above its initial target of $850 million after just three months of marketing. Fund V’s strategy focuses on middle-market durable businesses with multiple […]
O’Melveny & Myers acted as special counsel to Air Lease Corporation. Simpson Thacher represented the underwriters in connection with the public offering. Air Lease Corporation completed the issuance of $750 million aggregate principal amount of 2.3% Medium-Term Notes, Series A, due February 1, 2025 and $650 million aggregate principal amount of 3% Medium-Term Notes, Series […]
Hunton Andrews Kurth LLP represented the underwriters in connection with the senior notes offering. Energy Transfer Operating announced a $4.5 billion senior notes offering comprised of $1.0 billion aggregate principal amount of 2.900% senior notes due 2025, $1.5 billion aggregate principal amount of 3.750% senior notes due 2030, and $2.0 billion aggregate principal amount of […]
Bracewell LLP represented Crédit Agricole as agent to the revolving DIP lenders in prepacked Chapter 11 restructuring transaction for McDermott International, Inc. The restructuring transaction will be financed by a debtor-in-possession (DIP) financing facility of $2.81 billion. Subject to court approval, McDermott expects the DIP financing, combined with cash generated by McDermott, to enable the […]
Fenwick & West represented 6sense in the transaction. 6sense completed its $40 million Series C funding from Insight Partners. The equity financing will be used to accelerate 6sense’s vision to unite revenue teams on a single platform that provides account insights and AI orchestration. 6sense, the leading Account Based Orchestration Platform, powered by AI, has […]
Simpson Thacher advised Embotelladora Andina S.A. in the offering. Embotelladora Andina S.A. (“Andina”) completed the offering of US$300 million aggregate principal amount of 3.95% senior notes due 2050. The notes were offered and sold in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. Andina intends to use the proceeds […]
Winston & Strawn LLP represented Danfoss in the transaction. Danfoss executed the acquisition of Eaton’s Hydraulics business for a cash purchase price of $3.3 billion USD (approximately 3.0 billion EUR). The Danfoss and Eaton Hydraulics businesses are leaders in the industry and have many organizational similarities, including company culture and a focus on customers, R&D […]
