EIG Global Energy Partners’ $750 Million Investment in NextEra Midstream Assets

Kirkland & Ellis advised EIG Global Energy Partners on the deal. EIG Global Energy Partners entered into a definitive agreements with NextEra Energy Partners LP (NYSE: NEP) to acquire $750 million in equity interests in South Texas Midstream, LLC, a newly-formed joint venture with NEP. South Texas Midstream will own and operate a portfolio of […]

Government Development Bank of Puerto Rico’s $2 Billion Title VI Restructuring

King & Spalding represented the GDB Debt Recovery Authority on issuing over $2 billion in bonds in the Government Development Bank of Puerto Rico Title VI restructuring. This was the first Title VI proceeding in the Puerto Rico proceedings, and a bell-weather case for other Title VI restructurings. GDB is a public corporation and government […]

Safilo Group’s Acquisition of Blenders Eyewear

Paul, Weiss, Rifkind, Wharton & Garrison LLP and Gianni, Origoni, Grippo, Cappelli & Partners have represented Safilo Group S.p.A. in the transaction. Safilo Group S.p.A. executed the acquisition of 70 percent of Blenders Eyewear. The transaction is expected to close in the first half of 2020. Safilo is an Italian-listed company that designs, produces and […]

Upstream Rehabilitation’s $745 Million Credit Facilities

Cravath represented Credit Suisse as administrative agent and lead arranger in connection with the arrangement of $745 million of credit facilities made available to Upstream Rehabilitation, Inc. The facilities consisted of a $50 million first lien revolving credit facility, a $555 million first lien term loan facility and a $140 million second lien term loan […]

Texas Capital Bancshares’ $5.5 Billion Merger with Independent Bank Group

Willkie represented Texas Capital President and CEO C. Keith Cargill in the transaction. Fried Frank acted as counsel to Goldman Sachs as financial advisor to Texas Capital Bank. Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, announced […]

The Walt Disney Company’s $14 Billion Notes Exchange Offer

Cravath represented The Walt Disney Company in connection with its notes exchange offer totaling up to $14 billion. The Walt Disney Company (NYSE: DIS) announced the expiration and final results of its offer to exchange any and all of the $14,098,439,000 aggregate principal amount of its outstanding senior unsecured notes previously issued pursuant to an […]

Huntsman Corporation’s $350 Million Acquisition of Icynene-Lapolla

Kirkland & Ellis represented Huntsman Corporation in the transaction. Willkie represented FFL Partners and Icynene-Lapolla. Huntsman Corporation (NYSE: HUN) entered into an agreement to acquire Icynene-Lapolla, a leading North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, from an affiliate of FFL Partners, LLC. Under terms of the […]

Republic Of Peru’s $2.98 Billion Offering of Bonds and Tender Offers

Simpson Thacher advised the Republic of Peru on the deal. Shearman & Sterling advised initial purchaser Citibank del Perú S.A. and international initial purchasers BofA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities plc. in connection with the issuance of the Republic of Peru’s Sol-Denominated 5.350% Bonos Soberanos due […]

AXA Equitable Holdings’ $800 Million Depositary Shares Offering

Willkie represented AXA Equitable Holdings, Inc. in the transaction. AXA Equitable Holdings, Inc. settled its issuance and sale of 29,000,000 Depositary Shares, each representing a 1/1,000th interest in a share of Fixed Rate Noncumulative Perpetual Preferred Stock, Series A, $1.00 par value per share, with a liquidation preference of $25,000 per share of Preferred Stock. […]