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 […]
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 […]
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 […]
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 […]
Sidley Austin LLP represented The Energy & Minerals Group (EMG) in connection with a US$172.5 million senior secured term loan facility for EMG Utica, LLC. The term loan facility was arranged by Credit Suisse. EMG is the management company for a series of specialized private equity funds. The firm, founded in 2006, focuses on investing […]
Simpson Thacher represented J.P. Morgan Securities LLC and the other Initial Purchasers in Bond Offering by Lithia Motors. Lithia Motors, Inc. issued $400 million aggregate principal amount of 4.625% Notes due 2027 pursuant to Rule 144A and Regulation S, which closed on December 9, 2019. Lithia intends to use the proceeds from the notes offering […]
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 […]
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 […]
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 […]
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 […]
Sidley represented 9to5 in its sale to Flokk AS, a portfolio company of Triton Partners. 9to5 Seating is an established manufacturer of office seating products in the U.S. market, while Flokk Group is the leading European manufacturer of office seating products. Through this acquisition, Flokk is expanding its footprint in the U.S. The deal was […]
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. […]
