Benjamin S.D. Kent

Leveraged, Project and Acquisition Financing

• Hudbay Minerals (Canada) in connection with Mitsubishi Corporation’s (Japan) $600 million pending acquisition of a 30% interest in Copper World (U.S.)
• VMOS S.A. on the shareholder and transportation arrangements necessary for the development of the $3 billion Vaca Muerta Sur Pipeline project in Argentina, as well as its $2 billion syndicated secured term loan facility
• The U.S. Department of Energy, through its Loan Programs Office, on loan guarantees of up to $1.64 billion loan to DTE Gas Company and up to $7.17 billion loan to DTE Electric Company to finance the replacement of natural gas main and service distribution lines and the development of generation and battery storage, respectively
• The U.S. Department of Energy, through its Loan Programs Office, on a $584.5 million loan guarantee to subsidiaries of Convergent Energy and Power to finance the construction of a solar photovoltaic system with an integrated battery energy storage system (BESS) and three stand-alone BESS projects across Puerto Rico
• The U.S. Department of Energy, through its Loan Programs Office, on a $716 million loan guarantee to Jersey Central Power & Light Company to help fund the New Jersey Clean Energy Corridor, a project to upgrade and expand transmission infrastructure in New Jersey
• The U.S. Department of Energy, through its Loan Programs Office, on an $861.3 million loan guarantee to finance the construction of two solar photovoltaic farms equipped with battery storage and two standalone battery energy storage systems in Puerto Rico

• Compañía Doña Iñes de Collahuasi SCM in connection with a $1 billion syndicated term loan facility
• Compañía Minera Antamina in connection with its $1 billion syndicated term loan facility and a number of predecessor bilateral credit facilities
• Compañía Minera Zaldívar SPA in connection with its $180 million delayed draw term loan facility
• Kinross Gold Corporation in its arrangement of the $300 million project financing for its Tasiast gold mine in Mauritania
• Bayer AG in the financing aspects of the $7.6 billion disposition of its animal health business to Elanco
• Minera Centinela and Minera Antucoya in refinancings of existing project finance debt in principal amounts of $500 million and $330 million, respectively
• Fiserv in the $20 billion financing related to its acquisition of First Data Corporation and its subsequent offering of $2 billion of unsecured notes as well as other financing activities
• Vector Group Ltd. in a number of financing transactions, including its offering of $230 million of unsecured notes, its offering of $850 million of senior secured notes and two million shares of common stock and the extension of its subsidiary’s $60 million revolving credit facility
• CONMED Corporation in the financing for its $365 million acquisition of Buffalo Filter LLC, as well as ongoing financing arrangements under its revolving credit facility
• Oaktree Capital Management, L.P. in its arrangement of a $310 million acquisition financing loan
• Affiliates of Goldman Sachs & Co. LLC in their $3.1 billion financing for a mezzanine debt fund
• Marcobre S.A.C. in the $900 million project financing for the development of its Mina Justa copper project (Project Finance International 2018 Mining Deal of the Year)
• Skyway Concession Company LLC in connection with more than $1 billion of refinancing activities
• CPPIB Credit Investments, Inc. and Guggenheim Partners in connection with the arrangement of a $350 million unsecured U.S. loan
• Subsidiaries of Ascent Resources, LLC in their $1.5 billion high yield bond offering
• Praxair Inc. in the financing aspects of its merger with Linde AG
• A major Asian investment firm in a number of investments in U.S. debt and preferred equity instruments
• A Chilean mining project with Japanese and European joint venture partners with respect to various strategic financing matters
• Canada Pension Plan Investment Board, OMERS Infrastructure Management and Ontario Teachers’ Pension Plan Board in the financing of their $2.8 billion acquisition of the Chicago Skyway toll road from Cintra and Macquarie
• Bayer AG in the financing aspects of its $66 billion acquisition of Monsanto Company and its offer to exchange up to $6.9 billion of debt issued by Monsanto Company for new debt issued by Bayer AG

M&A, General Corporate Finance and Other Representations

• Generate Capital in connection with its $1.2 billion credit agreement and other financing matters
• Vector Group Ltd. in connection with its definitive agreement to be acquired by JT Group for approximately $2.4 billion of total equity value
• Empresas CMPC S.A. in connection with a number of sustainable financing initiatives, including a $300 million sustainability-linked revolving credit facility, a $500 million sustainability-linked term loan facility, and financings totaling more than $600 million for its Brazilian operations
• Credit Suisse AG in connection with the financing arrangements for the disposition of its structured products business
• Sumitomo Metal Mining Co., Ltd. and Sumitomo Corporation in connection with the $1.9 billion sale of their collective 45% interest in the Sierra Gorda copper mine in Chile
• Antofagasta plc in connection with its $500 million term loan and Rule 144A bond offerings
• SoftBank Group Corp. in connection with the $20 billion monetization of a portion of its T-Mobile US, Inc. stake
• The Bank Policy Institute in connection with the Federal Reserve’s Main Street Lending Program
• The U.S. Treasury Department in the implementation of loan and payroll support programs under the CARES Act for air cargo carriers and contractors related to the COVID-19 pandemic
• H/2 Capital Partners in connection with a number of lender-side mandates
• Empresas CMPC S.A. in its $100 million “Samurai” green loan, the first such transaction by a Chilean issuer in the international markets
• Hudbay Minerals Inc. in connection with a potential joint venture transaction
• Minera Los Pelambres in its $1.3 billion unsecured commercial bank and export credit agency term loans related to the expansion of the Los Pelambres project, which includes construction of a desalination plant; the $875 million commercial bank tranche received a Green Evaluation from S&P Global Ratings, making Los Pelambres the first mining company in the world to receive this evaluation from S&P
• Corporación Andina de Fomento in connection with its involvement in the Green Climate Fund
• Merck KGaA in connection with various financing matters relating to its $6.5 billion acquisition of Versum Materials, Inc.
• Minsur S.A. in its $182 million sale of a 40% stake in Cumbres Andinas S.A.C. to Alxar Internacional SpA
• Tetraphase Pharmaceuticals Inc. in a potential acquisition of a U.S. pharmaceutical company
• Antofagasta plc/Minera Los Pelambres in the transfer of a 40% stake in the Alto Maipo hydroelectric project to AES Gener S.A.
• Cheniere Energy Inc. in its $750 million revolving credit facility relating to the equity commitments to its Sabine Pass project
• Pocahontas Parkway and Macquarie in the sale by Macquarie, CPPIB and Centerbridge Partners of 100% of the equity in Pocahontas to Globalvia
• Softbank Group Corp. in its issuance of $5.5 billion of mandatory exchangeable trust securities
• Cementos Argos S.A. in its acquisition of certain U.S. cement assets and the related financing
• PointState Capital LP in connection with its investment in Pampa Energia
• Terraform Power, Inc. and Terraform Global, Inc. in certain governance aspects of the SunEdison restructuring
• JPMorgan Asset Management Holdings Inc. in the sale of its Highbridge Capital Management asset management business and associated financing
• Canada Pension Plan Investment Board, OMERS Infrastructure Management and Ontario Teachers’ Pension Plan Board in their $2.8 billion acquisition of the Chicago Skyway toll road from Cintra and Macquarie
• Macquarie CAF Management LLC in its acquisition of a 50% stake in the Pocahontas Parkway toll road