Corporate & Aviation Last year Hughes Hubbard’s corporate team pioneered multi-billion and -million dollar deals across the globe for companies ranging from iconic brands to tech start-ups.
Vale Base Metals’ $1.5B Credit Facility
The firm advised a nine-bank club led by Crédit Agricole Corporate and Investment Bank on a $1.5 billion term loan credit facility to the Vale Base Metals Limited group, a subsidiary of Vale S.A. This was a landmark transaction for the group, which has operations across four continents focusing on the production of base metals essential for the energy transition, such as nickel, copper and cobalt.
Sotheby’s $1B Investment Round
Hughes Hubbard advised Sotheby’s in closing a minority investment round with ADQ, an Abu Dhabi-based investment and holding company. The total amount of investments by ADQ and Patrick Drahi, who acquired Sotheby’s in 2019 and remains Sotheby’s majority owner, is approximately $1 billion.
Griffin’s $700M Unsecured Notes Offerings
Hughes Hubbard represented Griffin Global Asset Management on a senior unsecured notes offering and subsequent add-on totaling $700 million.
€2B Reforestation and Carbon Credit Deal for Côte d’Ivoire
The firm advised the Republic of Côte d'Ivoire on drafting and negotiating a 50-year concession agreement for restoration and biodiversity conservation covering an area of 104,000 hectares (about 400 square miles) of the Haut-Sassandra classified forest.
Sopra Steria’s €400M Euro Term Facility Agreement
The firm guided French consulting firm Sopra Steria on its term loan agreement.
Ualá’s $300M Series E Fundraising Round
Hughes Hubbard represented Ualá, the Latin American neobank founded in Argentina, in its $300 million Series E preferred stock fundraising round at a post-money valuation of $2.75 billion.
$400M Unsecured Notes Offering for Griffin
Hughes Hubbard represented Griffin Global Asset Management on the closing of an offering of an aggregate principal amount of $400 million of senior unsecured notes priced at par by GGAM Finance, a subsidiary of Griffin Global Asset Management Holdings.
$132M Sustainability‑Linked Loan to Tereos Brazil
The firm advised a bank group led by Rabobank in the group’s $132 million sustainability-linked export prepayment facility for sugar company Tereos Açúcar e Energia Brasil S.A., the Brazilian subsidiary of global agricultural cooperative conglomerate Tereos.
Flushing Financial Corporation’s $70M Public Offering
The firm represented Flushing Financial Corporation in its $70 million public offering, which closed in December.
Claure Group’s Investment in New York City Football Club
Hughes Hubbard advised Claure Group on its investment in the Major League Soccer team New York City FC. With the investment, Marcelo Claure joins New York City FC’s ownership group as co-vice chairman.
Griffin’s Purchase and Leaseback of Ten Boeing Aircraft to Air India
The firm advised Griffin Global Asset Management on the purchase and leaseback of ten Boeing aircraft to Air India.
EBI Financing for Ivorian Cocoa Exporter
The firm advised EBI SA, a French subsidiary of pan-African banking conglomerate Ecobank, in the negotiation of a commodity financing facility for cocoa producer Kineden Commodities.