Unifin’s $300 Million Senior Notes Offering
Cleary Gottlieb represented Unifin Financiera, S.A.B. de C.V., SOFOM, E.N.R. (Unifin) in a Rule 144A/Regulation S offering of $300 million of senior notes.
Cleary Gottlieb represented Unifin Financiera, S.A.B. de C.V., SOFOM, E.N.R. (Unifin) in a Rule 144A/Regulation S offering of $300 million of senior notes.
Cleary Gottlieb is representing long-time client Petróleos Mexicanos (Pemex), the Mexican state oil company, in its $4 billion Rule 144A/Reg S debt offering with registration rights, and in two concurrent liability management transactions.
Pemex’s debt offering of 5.350 percent notes due 2028 and 6.350 percent bonds due 2048, under its medium-term notes program, launched and priced on February 1, 2018. The liability management transactions also launched simultaneously on February 1, 2018.
Cooley advised Uber on the negotiating and closing of its multi-billion dollar investment from a consortium of investors led by SoftBank, including a tender offer for secondary shares and a primary investment at Uber's prior valuation.
Davis Polk advised the administrative agent and joint lead arrangers in connection with the repricing of the $1.342 billion term loan facility and the $75 million revolving loan facility for Cision Ltd. The repricing accomplished a 100 basis point reduction in the applicable margin on the U.S. dollar-denominated term loans and a 75 basis point reduction in the applicable margin on the Euro-denominated term loans and on the U.S. dollar revolving credit facility.
Deal represents the largest European buyout to date in 2018.
Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced that its third equity fund, Global Infrastructure Partners III, has agreed to acquire 100 percent of the equity interest of Italian railway operator Italo – Nuovo Trasporto Viaggiatori S.p.A. (Italo) for Euro 1.94 billion in cash.
O’Melveny represented Cedexis, a real-time, data-driven service for dynamically optimizing the flow of traffic across CDNs, ISPs, public clouds, and datacenters, in its acquisition by Citrix, which offers integrated technology services for secure delivery of apps and data.
Weil advised KME AG, a globally active manufacturer of copper and copper alloy products, in the successful placement of a high-yield bond with a volume of €300 million and maturation in 2023. The proceeds from the offering are to be used to repay existing debt.
Benjamin Su brings extensive experience guiding complex equity and debt offerings in the US and Hong Kong to the firm.
MinterEllison is pleased to announce that Chris Allen has joined the firm's M&A practice as a partner.
Based in the firm's Sydney office, Mr Allen's appointment strengthens MinterEllison's already impressive M&A and private equity capability.
MinterEllison's corporate/M&A team across Australia has over 50 partners and more than 150 lawyers.
A&O further expands its tax practice and its private equity group in France with the appointment of a new partner in the Paris office, Guillaume Valois. He will be joining with Charles-Antoine del Valle, counsel, and two associates Pierre Cao-Peska and Ageu Pires.