In the area of acquisition financing, our lawyers advise banks and other
lenders, as well as borrowers, on financings for acquisitions, bridge loans,
recapitalizations, working capital and general corporate purposes.
We advised Freeport-McMoRan Copper & Gold, an international mining industry leader based in North America, on $11.5 billion in senior secured credit facilities used to fund a portion of the acquisition cash consideration and pay transaction fees and expenses related to its acquisition of Phelps Dodge Corporation.
We are advising Ardagh Glass Group on a €300 million bridge loan arranged by Citigroup and on other U.S. aspects of the financing arrangements in connection with its €660 million acquisition of Rexam’s glass container manufacturing division.
We advised Morgan Stanley and Banc of America Securities on a $1.1 billion bridge credit facility for Banner Acquisitions, the proceeds of which to be used in connection with the acquisition of Inamed Corporation, a developer and producer of medical aesthetics products, by Allergan, a California-based manufacturer of eye and skin care products.