Paul Hastings represented KeyBank National Association as sole lead arranger and sole bookrunner and as the administrative agent in connection with a $75,000,000 senior secured revolving credit facility for Linc Energy Resources, Inc.

Finance partner Paris Theofanidis led the Paul Hastings team, which also included associates R. Cramer Miller, Brian Carter and Shekhar Kumar, and property analyst Norman Carnahan.

The firm represented J.P. Morgan Securities LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., Citigroup Global Markets Inc., RBS Securities Inc. and UBS Securities LLC, as the initial purchasers of $315 million of 8.000% Senior Notes due 2021, the proceeds of which were used to finance a portion of the acquisition of CPG International Inc.

Cravath represented the initial purchasers, led by BofA Merrill Lynch, Citigroup, J.P. Morgan Securities, Mizuho Securities and Rabo Securities USA Inc., in connection with the US$3 billion 144A/Reg. S debt offering of Wm. Wrigley Jr. Company, the world’s largest manufacturer and marketer of gum and a leader in the non-chocolate confections category. The proceeds from the offering were used to repay borrowings from Mars, Incorporated, fees and expenses related to other refinancing transactions and general corporate purposes. The transaction closed on October 21, 2013.

Burges Salmon has acted for the Co-op in a successful appeal concerning interest rate swaps in the Court of Appeal. The appeal focused on whether The Co-operative Bank could recover the cost of breaking interest rate hedging arrangements, including interest rate swaps, from negligent valuers.

On 22 October, the Court of Appeal handed down a judgment in favour of Mortgage Agency Services Number One Limited, a subsidiary of The Co-operative Bank, overturning a decision to strike out part of its claim for losses caused by a negligent firm of valuers.

Clifford Chance advised Bank of America Merrill Lynch and Deutsche Bank AG on the third CMBS transaction for GAGFAH in 2013. The proceeds from a bond issue in a total volume of almost EUR 700 million by the special purpose vehicle German Residential Funding 2013-2 Limited were used for refinancing a real estate loan granted to the Nileg Group, which is part of the GAGFAH Group. The bond is collateralized by residential real estate in northern Germany.

Squire Sanders has advised the full-service broking and advisory house and AIM nominated adviser Peel Hunt LLP, in relation to an equity fundraising by Peel Hunt’s client, Hydrodec Group plc. The fundraising involved an institutional placing, a placing with Hydrodec’s directors and an open offer to Hydrodec’s shareholders, with a view to raising up to £24 million. The funds raised will be used to re-pay Hydrodec’s existing debt and position the company for future growth. The fundraising is conditional on the approval of Hydrodec’s shareholders.

Global legal practice Norton Rose Fulbright advised Banque Misr and National Bank of Egypt as the Mandated Lend Arrangers on the EGP 3 billion (approximately US$441 million) syndicated financing for the Mall of Egypt project developed by Majid Al Futtaim (MAF).

The Mall of Egypt is a landmark development project in Cairo. Opening in 2015, it will be the dominant regional mall servicing Cairo’s metropolis. This development is one of the most ambitious projects in the region to date.

Herbert Smith Freehills has advised Agricultural Bank of China Limited Hong Kong Branch, Bank of China (Hong Kong) Limited, CCB International Capital Limited, China International Capital Corporation Hong Kong Securities Limited, Credit Suisse Securities (Europe) Limited and J.P. Morgan Securities Plc as joint lead managers on the Regulation S international offering of US$400 million 6.00% senior notes due 2023 by China Taiping New Horizon Limited.

Paul Hastings LLP, a leading global law firm, announced that it represented Goldman Sachs as global coordinator and other initial purchasers in connection with the initial international offering by Fibra Danhos of its trust certificates. Fibra Danhos is among a handful of Mexican Real Estate Investment Trusts (REITs) to be utilized in the wake of a comprehensive legal overhaul in Mexico that created the “FIBRA,” a new Mexican investment vehicle which bears many similarities to the U.S. REIT.

Paul Hastings represented Haitong International Securities Group Limited (“Haitong International”), a subsidiary of Haitong Securities Co., Ltd., the second largest securities firm in China by total assets, in its further issuance of HK$232 million (US$29.9 million) 1.25% convertible bonds due 2018, to be consolidated and to form a single series with the HK$776 million (US$100 million) existing convertible bonds issued on 18 July 2013. HSBC was the lead manager on the transaction.