William G. Taylor

The Firm has represented the underwriters in 12 public offerings of debt securities by KfW in 2021 (through August 12), including several U.S. dollar benchmark offerings, an inaugural offering of SOFR linked notes and a Canadian dollar notes offering:~~€1 billion of 0.125% Global Bonds due 2024~~$5 billion of 0.625% Global Notes due 2026~~$1 billion of SOFR Floating Rate Global Notes due 2024~~C$1 billion of 0.75% Global Notes due 2026 (Green Bond)~~$5 billion of 0.25% Global Notes due 2024~~€1 billion of 0% Global Bonds due 2023~~$5 billion of 0.25% Global Notes due 2023~~€1 billion of 0.125% Global Bonds due 2024~~$5 billion of 0.5% Global Notes due 2024~~€1 billion of 0.625% Global Bonds due 2025~~€1 billion of 0.125% Global Bonds due 2023~~€1 billion of 0.75% Global Bonds due 2028~~The lead underwriters for these offerings have varied and have included many of the leading U.S., European and Canadian banks.~~KfW, also known as Kreditanstalt für Wiederaufbau, is a development bank owned by the Federal Republic of Germany and the German federal states. KfW serves domestic and international public policy objectives of the German government.~~The Simpson Thacher team for these transactions included Mark Brod, Surya Bala, Dominik Juster, Alexander Yeagley, William Taylor, Melchor Alvarez de Mon and Patrick Kratzenstein (Capital Markets); and Meredith B. Jones, Kelli Rivers and Gal Shemer (Tax).

Dec 8

1 min

Simpson Thacher represented Masmovil Ibercom, S.A.U. (“Masmovil”), a telecommunications operator owned by a consortium of Cinven, KKR and Providence, on its acquisition financing for the acquisition of Euskaltel, S.A. The acquisition financing included an €800 million term loan facility (increased by €200 million), an incremental €200 million revolving facility, €1.75 billion bridge facilities and a €500 million asset bridge facility, as well as 144A and Regulation S offerings of €1.55 billion in aggregate principal amount of 4% Senior Secured Notes due 2027 and €500 million in aggregate principal amount of 5.125% Senior Notes due 2029 to refinancing the bridge facilities. The transaction closed on October 13, 2021.~~Founded in 1997, Masmovil is the fastest growing Western European telecommunications operator. Following the Euskaltel acquisition, Masmovil has reinforced its market position as the fourth largest telecommunications operator in Spain by combining two complementary businesses in terms of network infrastructure, geographical presence and strategic focus.~~The Simpson Thacher team included Shahpur K. Kabraji, Jia Meng and Kristin Hoo (Credit); Gil Strauss, Surya Bala, William G. Taylor, Melchor Alvarez de Mon and Charles English (Capital Markets); Meredith B. Jones, Sarah Lane, Gal Shemer and Ellie Verran (Tax); and Jeanne M. Annarumma (ERISA).

Oct 14

1 min

Simpson Thacher is advising funds affiliated with Blackstone Infrastructure Partners in connection with the voluntary tender offer aimed at acquiring all of the outstanding ordinary shares of Atlantia S.p.A for consideration equal to €23 for each share tendered. The offer is made through Schemaquarantatrè S.p.A., a joint stock company comprised of Sintonia, which is owned by Edizione S.p.A., and funds affiliated with Blackstone Infrastructure Partners.~~The Simpson Thacher team includes Geoff Bailhache, James Campisi, Paul Foote, Tory Hansen and John Nalen (Corporate); Claire Williams, Gert Raig, Kavita Davis, Ashley Bannister and Tom Lort (Finance); Nick Shaw and William Taylor (Capital Markets); Étienne Renaudeau, Ross Ferguson and Silvia Bonomelli (Antitrust); Owen Lysak (Regulatory); and Yash Rupal and Caleb McConnell (Tax).

Apr 14

1 min

Kirkland & Ellis advised funds managed by AGG Capital Management Limited, a subsidiary of Arrow Global Group, a leading pan-European investment manager, on the strategic acquisition of a majority position in AFE S.A. SICAV-RAIF, a specialist investment manager with a complementary focus on non-performing loans and real estate. In support of the acquisition, holders of more than 95% of AFE’s €307.5 million senior secured notes consented to a comprehensive recapitalisation and refinancing transaction that saw AFE’s existing RCF ultimately refinanced with the proceeds of a new €132.9 million term facility, the issuance of approximately €35.7 million of additional notes and an extension to the maturity date of the notes to July 2030. The Kirkland team was led by restructuring partners Thomas Jemmett and Kon Asimacopoulos and included restructuring partner Sarah Ullathorne and associates Krista Sirola, Arwyn Davies, Sophia Rossi and Fiona Ling; investment funds partners Anand Damodaran and Edward Prestwich and associate Philipp Ershov; capital markets partner Tim Volkheimer and associate William Taylor; tax partners Mavnick Nerwal, Rebecca Hill, Emma Faulkner-Hill, Steven Cantor and Anthony Sexton and associate Alex Piggott; technology and IP transactions partner Jacqueline Clover and associate Luke Vaz; and antitrust & competition partner Matthew Sinclair-Thomson.

Feb 14

1 min

Kirkland & Ellis advised APCOA Group GmbH (APCOA), a leading parking operator, on its sale of APCOA’s Belgian subsidiary, APCOA Belgium NV, including a 50% stake in ParcBrux BV (the remaining 50% being already owned by Indigo Group) and a 50% stake in Maatschap Parkeren Leuven (the remaining 50% being retained by the joint venture partner), to Indigo Group. Read APCOA’s press release The Kirkland team was led by corporate partner Aprajita Dhundia and associates Joseph O'Brien, Joe Timmins and Maximilian Liegl; debt finance partner Jerome Hoyle and associate Cristina Poon; capital markets partner Tim Volkheimer and associates Elio Gaarthuis and William Taylor; and tax partner Peter Abbott and associates Hugo Coleman and Iarlaith McCarthy-Hann.

Sep 4

1 min