Ladenburg Thalmann Financial Services’ $73.5 Million Notes Offering

Holland & Knight advised Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA), a publicly-traded diversified financial services company based in Miami, Fla., in its approximately $73.5 million public offering of 6.50% senior notes due 2027. The offering was finalized on Dec. 12, 2017. The offering featured a unique security called a “baby bond,” […]

Lightbridge Corporation’s joint venture with Framatome

Hogan Lovells represented nuclear fuel technology development company Lightbridge Corporation (NASDAQ: LTBR) in its recently announced joint venture with Framatome, a leading provider of nuclear fuel, components, and reactor services. Under the announced deal, the two companies agreed to form Enfission, a 50-50 joint venture company to develop, license, and sell nuclear fuel assemblies based […]

Grupo Energía Bogotá’s $749 Million Syndicated Loan

Arnold & Porter Kaye Scholer, Mosquera Abogados, Skadden, Arps, Slate, Meagher & Flom and Gómez-Pinzón advised on the deal Grupo Energía Bogotá S.A. E.S.P. secured a $749 Million syndicated loan with Citigroup Global Markets Inc; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Sumitomo Mitsui Banking Corporation and Bank of America, N.A. Grupo Energía de Bogotá […]

Infraestructura Energética Nova’s $840 Million Notes Offering

Latham & Watkins, Mijares, Angoitia, Cortés y Fuentes, Cleary Gottlieb Steen & Hamilton and Creel, García-Cuéllar, Aiza y Enríquez advised on the transaction Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), the largest private-sector energy company in Mexico, finalized its debut offering on the international debt capital markets. The US$840 million dual-tranche sale, which closed on […]

Formation of PetroLogistics II LLC

Bracewell LLP represented PetroLogistics Company LLC in the formation of PetroLogistics II LLC (PetroLogistics), a joint venture between Quantum Energy Partners (Quantum), Stonecourt Capital LP (Stonecourt), and the principals of PetroLogistics, David Lumpkins and Nathan Ticatch. PetroLogistics, headquartered in Houston, Texas, plans to continue the strategy of its predecessor, PetroLogistics Company LLC, to acquire, develop, […]

Merger of Morgan Stanley Income Securities Inc. into a Morgan Stanley Open-End Mutual Fund

Olshan client Karpus Investment Management (together with certain affiliates, “Karpus”) has entered into an agreement with Morgan Stanley Investment Management Inc. (“MSIM”). Under the agreement, MSIM agreed to use its best efforts to cause Morgan Stanley Income Securities Inc. (“ICB”) to recommend to ICB’s stockholders the approval of a proposal whereby ICB would merge with […]

New affordable housing complex in downtown Boston

Nixon Peabody represents developer in new affordable housing complex in downtown Boston Plans are underway to convert a historic downtown Boston building into affordable housing units. Groundbreaking of The Union, a 46-unit complex at 48 Boylston Street, took place last week. Nixon Peabody partners Paul Bouton, Ruth Silman and Forrest Milder, and associate Christina Ricotta […]

Southwestern Electric Power Company’s $450 million Senior Notes Offering

Hunton & Williams LLP advised the underwriters on an SEC-registered offering by Southwestern Electric Power Company of $450 million aggregate principal amount of Senior Notes, Series L, due 2048. BofA Merrill Lynch, Barclays, KeyBanc Capital Markets and UBS Investment Bank acted as Joint Book-Running Managers on the offering. SWEPCo is a subsidiary of American Electric […]

The State of Israel’s $2 Billion Registered Notes Offering

Cravath represented the underwriters, Citigroup, Deutsche Bank Securities and Goldman Sachs & Co. LLC, in connection with the $2 billion registered notes offering of the State of Israel. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on January 17, 2018. The Cravath team included partner Craig F. Arcella (Picture) and associate […]