Alejandro Gordano rejoined law firm Shearman & Sterling as a capital markets partner in the firm’s Latin America group. Over the course of 20 years as an attorney, Gordano has guided clients through debt and equity transactions throughout Latin America.
Paramount Global and KKR signed a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.
Educational company BYJU’S and the steering committee of ad hoc term loan lenders who collectively own more than 85% of the company’s $1.2 billion term loan agreed to complete a term loan amendment prior to Aug. 3.
Fortress Investment Group and Mubadala Investment Company, through its wholly-owned asset management subsidiary, Mubadala Capital, entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group, who have been the owners of Fortress since 2017.
Generation Mining executed a mandate letter to arrange a senior secured project finance facility of up to $400 million. A syndicate including Export Development Canada, ING Capital and Société Générale will act as the mandated lead arrangers for the facility.
Qualtrics, a provider of experience management (XM) software, entered into a definitive agreement to be acquired by Silver Lake, a technology investor, in partnership with Canada Pension Plan Investment Board (CPP Investments), in an all-cash transaction that values Qualtrics at approximately $12.5 billion.
Kroll Bond Rating Agency entered a deal with private equity firm Parthenon Capital Partners, which will acquire a majority stake in the company. KBRA is a global credit rating agency that was founded in the wake of the global financial crisis.
Plains All American Pipeline and Plains GP Holdings renewed and extended its two credit facilities, which have a combined valued of $2.7 billion. Bank of America led the funding for the facilities as administrative agent.
Valaris received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization. Valaris also will receive a $520 million capital injection through the issuance of a $550 million secured note.
Ecopetrol S.A. secured a $665 million credit facility with The Bank of Nova Scotia (Scotiabank) and Mizuho Bank.