Slaughter and May, working as a team with Uría Menéndez, advised Aigües de Barcelona, part of the AGBAR group of companies, on the issue of EUR 200 million 1.944% notes due 2021 (the Notes).

Simpson Thacher represented the underwriters, led by BofA Merrill Lynch, Credit Suisse, J.P. Morgan and RBC Capital Markets in connection with the public offering by Air Lease Corporation of $500 million aggregate principal amount of 2.125% Senior Notes due 2018 and $500 million aggregate principal amount of 4.250% Senior Notes due 2024. The net proceeds of the offering will be used for general corporate purposes including the purchase of commercial aircraft and the repayment of existing indebtedness.

Davis Polk advised Compass Bank, a wholly owned subsidiary of BBVA Compass Bancshares, Inc., in connection with the establishment of its US$5 billion global bank note program.  

Headquartered in Birmingham, Alabama, Compass Bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks amount the largest in the Sunbelt.  

Hogan Lovells has advised lenders Barclays, GE Capital, HSBC, Natixis, RBS, Ares Capital and Partners Group on the financing of a £136 million debt package for Acorn Care and Education, announced on 11 September 2014.

New York, NY/ Houston, TX - Paul Hastings LLP, a leading global law firm, announced today that the firm represented SHD Oil & Gas, LLC, an exploration and production company focused on the Bakken Shale play, in amending its notes facility to increase the outstanding amount to $200 million.

Leveraged Finance partner Michael Chernick and Energy partner James Vallee led the Paul Hastings team, which also included Tax partner Greg Nelson, of counsel Lindsay Sparks, attorney Catherine Patton and associates Kim Hicks and Alexandra Ciganer.

The international law firm Milbank, Tweed, Hadley & McCloy has recently advised on the successful reopening of notes by the Vista Land group. Milbank advised DBS Bank Ltd. (DBS), as international underwriter, on the US$125 million reopening of 7.45% Guaranteed Notes due 2019 (the Notes) by VLL International, Inc., a subsidiary of Vista Land & Lifescapes, Inc. (Vista Land), one of the largest residential property developers in the  Philippines. The Notes were unconditionally guaranteed by Vista Land and other subsidiaries of the Vista Land group.

Cravath represented the underwriters, led by MUFG, Citigroup and RBS, in connection with the US$1.95 billion registered senior debt offering of Marathon Petroleum Corporation, an independent petroleum refining, marketing and transportation company. The transaction closed on September 5, 2014.

The Cravath team included partners Andrew J. Pitts and D. Scott Bennett, senior attorney G. Douglas Johnson and associates Michael K. Hyun and Melody Koh.

Simpson Thacher represented the underwriters, led by Barclays Capital Inc., in connection with a registered offering by Linn Energy, LLC and Linn Energy Finance Corp. as co-issuers of $650 million aggregate principal amount of 6.5% senior notes due 2021 and $450 million aggregate principal amount of 6.5% senior notes due 2019. The senior notes due 2019 were issued as additional notes under an indenture pursuant to which Linn Energy issued $750 million of 6.5% senior notes due 2019 on May 13, 2011.

Slaughter and May, working as a team with Cleary, Gottlieb Steen & Hamilton LLP, advised Abbey National Treasury Services plc in relation to the issue of US$1 billion 2.350% Fixed Rate Senior Notes due 2019 under its SEC Registered US Shelf Facility. The Notes are guaranteed by Santander UK Plc. The Joint Book-Running Managers for the issue were Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Santander Investment Securities Inc., UBS Securities LLC and Wells Fargo Securities, LLC.

CONTACTS

Slaughter and May advised Standard Chartered PLC on its issuances of US$1 billion 1.5% Notes due 2017, US$500 million Floating Rate Notes due 2017 and US$1 billion 2.4% Notes due 2019 under its US$57.5 billion Debt Issuance Programme. Barclays, BofA Merrill Lynch, Goldman, Sachs & Co. and Standard Chartered Bank acted as joint lead managers. Sullivan & Cromwell advised as to New York law.

CONTACTS

Corporate and Financing: Nilufer von Bismarck (partner), David Hay (associate)