The Firm recently represented Peabody Energy Corporation (Peabody) in a new senior secured credit facility led by Citigroup Global Markets, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp., Credit Agricole Corporate and Investment Bank, HSBC Securities (USA) Inc., Morgan Stanley Senior Funding, Inc., PNC Capital Markets LLC and RBS Securities Inc.  The new facility includes a $1.65 billion revolver and a $1.2 billion term loan and replaced Peabody’s existing credit facilities.

Simpson Thacher recently represented RBS, Barclays, Citigroup and the other initial purchasers in connection with an offering by Continental Wind, LLC (“Continental Wind”) of an aggregate of $613 million of 6.000% Senior Secured Notes due 2033 pursuant to Rule 144A and Regulation S.  The Firm also represented Crédit Agricole, RBS, Barclays and Citigroup, as joint lead arrangers, and Crédit Agricole, as administrative agent, in connection with $141 million of credit facilities, consisting of a $131 million letter of credit facility and a $10 million working cap

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.

Ashurst has advised an affiliate of PT CT Corpora ("CT Corp") on the financing of the acquisition of PT Indonusa Telemedia. The team from Ashurst's Hong Kong office was led by finance partner Dominic Gregory, assisted by associate Bhavesh Madia.

CT Corp is a rapidly growing, diversified Indonesian-based holding company that is active in financial services, media, lifestyle and entertainment, and natural resources.  PT Indonusa Telemedia operates the TelkomVision pay television service, which is broadcast over satellite, cable and IPTV in Indonesia.

Ashurst has advised DBS Bank Ltd., National Australia Bank and Sumitomo Mitsui Banking Corporation (as mandated lead arrangers) in connection with the financing of the acquisition by Macquarie Helios Holdings Limited (an SPV owned by Macquarie Capital) of an indirect 45% stake in Helios Terminal Corporation Pte. Ltd. (Helios) from Oiltanking GmbH.

Helios owns a world-class, state of the art fuel oil storage terminal (with a total shell capacity of 503,000 cbm) located on Jurong Island, Singapore.

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Santander Global Banking and Markets and Citibank NA, as part of a consortium of commercial lenders, on the financing facility for Compañía Sud Americana de Vapores (“CSAV”), the Chilean shipping line, relating to the acquisition of seven 9,300 teu container vessels from Samsung Heavy Industries Co., Ltd in Korea.

Davis Polk advised Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Morgan Stanley Senior Funding, Inc. and Goldman Sachs Lending Partners LLC, as joint lead arrangers and joint bookrunners, and Wells Fargo Securities, LLC, as joint bookrunner, in connection with a new $7.6 billion senior secured term loan and $1 billion senior secured revolving credit facility for Hilton Worldwide Finance, LLC, a subsidiary of Hilton Worldwide Holdings, Inc. (Hilton), with The Blackstone Group L.P. as sponsor.

The French group Scor has become the leading life reinsurer in the United States through acquiring Generali U.S. Holdings. The amount of the transaction is approximately $750 million (579 million euros).

With this acquisition, the SCOR group takes it share of the life reinsurance market from 18% to 27% of market share, based on 2012 figures.

Slaughter and May advised WS Atkins plc, the UK's largest design, engineering and project management consultancy, in connection with a £200 million revolving credit facility entered into between WS Atkins plc and various other members of the WS Atkins Group and a syndicate of banks for the purpose of refinancing the main revolving credit facility of the WS Atkins Group.

CONTACTS

Financing: Matthew Tobin (partner), Caroline Phillips (associate), Belinda Oddy (associate); Tax: Sara Luder (partner), Emma Game (associate)