Investment Grade Finance

Avolon Holdings Limited (a subsidiary of Bohai Leasing Co., Ltd. (an affiliate of the HNA Group)), a provider of aircraft leasing and lease management services to airlines and aircraft investors worldwide, in a $5.5 billion term loan facility and a $3 billion senior notes offering to finance, in part, Avolon's acquisition of the aircraft leasing business of CIT Group Inc.

• Citi, as sole lead arranger and sole lead bookrunner, in $15.7 billion bridge and term loan facilities, and as lead arranger and bookrunner in $4.5 billion term and revolving working capital facilities, for Becton, Dickinson and Company (BD), a medical technology company, to support BD's $24 billion acquisition of C. R. Bard Inc., a medical equipment maker specializing in the manufacture of vascular, urology, oncology, and surgical specialty products.
• Goldman Sachs in the fully committed $9.1 billion bridge facility for Becton, Dickinson and Company, to finance its $12.2 billion acquisition of CareFusion Corporation, a manufacturer of automated medication dispensing units and infusion products.

Citi, as a joint lead arranger and joint bookrunner, in $450 million senior unsecured facilities for Coca-Cola Beverages Florida, LLC (CCBF), a large, independently owned and operated bottler that distributes products of The Coca-Cola Company in Central Florida, to finance CCBF's acquisition of the North and South Florida sales, operations and distribution centers and cold fill production centers of Coca-Cola Refreshments USA, Inc. (a subsidiary of The Coca-Cola Company).

RBC Capital Markets and Mizuho Bank, Ltd., as joint lead arrangers, joint bookrunners and agents, in a $1.2 billion term facility and in a $2.7 billion bridge facility for Dominion Resources, Inc a diversified utility holding company that supplies electricity and natural gas to markets in the Northeast and Mid-Atlantic regions of the United States, to finance its approximately $4.4 billion acquisition of Questar Corporation, an gas and oil exploration and production company and provider of midstream field, gas transportation, and retail gas distribution services.

General Electric Capital Corporation in a $36 billion issuance by GE Capital International Funding Company (a finance subsidiary of GECC) of senior unsecured dollar- and pounds sterling-denominated notes in exchange for certain outstanding securities issued by GECC, as part of General Electric’s plan to reduce the size of its financial services businesses and to focus on continued investment and growth in GE’s industrial businesses.  This was, at the time, the largest corporate exchange offer in history.

• General Electric Company in its $19.8 billion unsecured term and revolving credit facilities to refinance existing indebtedness.
• General Electric Company in a $3 billion revolving facility for Baker Hughes, a GE company, LLC.

H&R Block, Inc., a provider of tax preparation and other services, in a $1 billion senior notes offering by Block Financial LLC (its wholly owned subsidiary) and in a $2 billion investment grade working capital facility to finance in part H&R Block's simultaneous tender offer for shares of its common stock.

TE Connectivity, a leading global provider of engineered electronic components, network solutions and subsea communication systems, in over $3.2 billion senior notes offerings by Tyco Electronics Group S.A., a supplier of passive electronics for a wide range of industrial applications.

• Goldman Sachs in a $9 billion bridge facility to support the spin-off by Twenty-First Century Fox, Inc. to its shareholders of a new “Fox” as part of a series of transactions that also included the combination of the rest of the Twenty-First Century Fox businesses with The Walt Disney Company.
• Goldman Sachs, Deutsche Bank and JPMorgan Chase, as joint lead arrangers and joint bookrunners, in $15.5 billion bridge financing to support Twenty-First Century Fox, Inc., a producer and distributor of motion pictures and television programming, music, radio broadcasting, and sports, in its pending approximately $14.8 billion acquisition of all the share capital it does not already own of Sky plc, a provider of a pay television broadcasting services across Europe and, in addition, of broadband and telephone services in the United Kingdom and the Republic of Ireland.

• Morgan Stanley in $4.5 billion committed bridge, $1.8 billion term acquisition-related facilities, a $1.5 billion revolving facility, and a $2.75 billion offering of fixed and floating rate senior notes for Tyson Foods, Inc., a producer and distributor of chicken, beef, pork, prepared foods and related products, to finance, respectively, its $4.2 billion merger with AdvancePierre Foods Holdings, Inc., a producer and distributor of ready-to-eat sandwiches, sandwich components and other entrées and snacks, and its general corporate purposes.
• Morgan Stanley and J.P. Morgan in the fully committed bridge facility for Tyson Foods, Inc., to finance its $8.55 billion acquisition of The Hillshire Brands Company, a leader in branded, convenient foods.