image description

Benjamin S.D. Kent

Special Counsel

Benjamin S.D. Kent

Special Counsel
New York +1-212-558-4000+1-212-558-4000 +1-212-558-3588+1-212-558-3588
[email protected]

Benjamin Kent is a special counsel in Sullivan & Cromwell’s General Practice Group. He has been based in New York since 2014, having previously worked in the Firm’s Frankfurt and London offices.

Mr. Kent’s practice encompasses a wide range of matters for both U.S. and non-U.S. clients in a number of industries, with a particular focus on leveraged, project and acquisition financing, as well as private credit transactions. Mr. Kent’s practice also includes  M&A and joint venture work, particularly in the context of infrastructure transactions, as well as other debt and equity capital markets transactions. 



SELECTED REPRESENTATIONS

Leveraged, Project and Acquisition Financing
  • 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)
  • Bayer AG in the financing aspects of its $60 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
  • Skyway Concession Company LLC in the refinancing of a portion of the indebtedness incurred to finance its acquisition
  • 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
  • Vector Group Ltd. in its offering of $850 million of senior secured notes and two million shares of common stock
  • 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

M&A and Other Corporate Finance
  • 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 SA.
  • 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