Chesapeake Energy Corp. said Thursday that it will issue $2 billion in new debt to replace more expensive loans, its second major refinancing in five months as it moves to tackle a bloated balance sheet and finance its transition from gas to oil.
Waste management company Clean Harbors Inc. will fork over $1.25 billion for private equity-backed Safety-Kleen Inc., the buyer said Monday, ending a longtime pursuit and allowing Clean Harbors to expand its offerings to include oil recycling.
If Republican presidential nominee Mitt Romney wins the election in two weeks, the realities of congressional politics could make a full repeal of the Dodd-Frank Act impossible, but attorneys say he could still gut the law by weakening its most controversial provisions.
Backers of the Volcker rule are pushing for a final version of the Dodd-Frank Act's ban on proprietary trading in short order, but attorneys say that if regulators cannot agree on a single interpretation of the act's many provisions, a rushed rule could be nearly impossible to comply with.
Edwards Wildman Palmer LLP has responded to a steady demand for insurance-linked securities investments by hiring an attorney who has represented private equity firms, banks and insurers to shore up its capital markets team in New York, the firm announced Wednesday.
Companies will pump more money into securities-related legal efforts in 2013, a year that will see the continuation of a multibillion-dollar Federal Reserve plan to snap up mortgage-backed securities that has shaped the marketplace, according to a new study on corporate legal spending.
An October spike in initial public offerings by private equity- and venture-backed companies suggests the window — shut tight since Facebook Inc.'s May flop — may be opening, breathing new urgency into boardroom discussions about going public before it closes again.
Top U.S. banking regulators on Monday defended their plans to extend increased capital requirements to community banks as a necessary tool for promoting stability following the global financial crisis, but pledged to make it easier for community banks to comply with those standards.
Developer Thor Equities LLC has nabbed a $365 million refinancing package for the luxury Palmer House Hilton hotel it owns in Chicago, Jones Lang LaSalle, which brokered the complex deal, announced Friday.
Major Canadian midstream energy distributor Gibson Energy Inc. is poised to complete a $445 million deal to acquire the parent company of OMNI Energy Services Corp., which provides environmental protection services to the oil industry, from an affiliate of Wellspring Capital Management LLC, Gibson said Thursday.
Australia's Origin Energy Ltd. on Friday raised €500 million ($647 million) in new debt to meet its funding obligations for Australia Pacific LNG, the $20 billion gas export project it is developing with ConocoPhillips Co.
Akin Gump Strauss Hauer Feld LLP has scored a seven-partner team from Haynes and Boone LLP that includes bankruptcy, mergers and acquisition, securities and white collar experts for its corporate and litigation practices in its Dallas office, the firm said Thursday.
Mining giant BHP Billiton Ltd. has made its first Australian bond issuance in more than a decade, pricing $1 billion in fresh five-year bonds on Tuesday as it continues to see capital costs at its biggest mining projects grow.
Chile's Banco CorpBanca SA is taking over Helm Bank SA in a deal worth about $1.28 billion to bolster its presence in Helm's Colombian base and form the country's fifth-largest bank, CorpBanca announced Tuesday.
Fitch Ratings this week removed a negative credit watch on bonds to cover improvements at Baltimore's airport after state transportation officials agreed to trim their borrowing plans — a reminder, experts say, that leveraged passenger fees are not a cure-all for airport capital needs.
Sabine Pass LNG, the Cheniere Energy Partners LP subsidiary angling to become the first exporter of U.S. liquefied natural gas, priced $420 million in senior notes at 6.5 percent this week to refinance maturing debt as it continues to advance its $11 billion project.
President Barack Obama and Republican presidential nominee Mitt Romney squared off Wednesday over taxes, job creation, deficit reduction, energy and regulation in the first presidential debate leading up to the November election, highlighted by a prolonged discussion on tax revenues.
A hedge fund advocacy group filed an amicus curiae brief Saturday telling the Second Circuit that a New York federal court's ruling in Lehman Brothers Inc.'s bankruptcy will cause a “substantial loss of confidence” in the capital markets and must be overturned.
The Blackstone Group LP's $960 million publicly traded credit fund, which debuted Wednesday, shows a private equity industry that continues to expand from its "Barbarians at the Gates" leveraged buyout roots into diversified asset managers with a little something for everyone — even mom-and-pop investors.
Open refinancing markets are breathing new life into private equity portfolios once feared stale, experts say, punching back at concerns that the industry is stuck with recession-era duds as hold times drag on.