Conyers advises Level 3 on $2bn Global Crossing amalgamation - October 2011

Graham B.R. Collis, Dominic Ross, Mary Ward • Posted 24/10/2011 • Under Deals & Cases

Conyers advised Level 3 Communications, Inc. on its US$2 billion amalgamation with Global Crossing Limited which closed on October 4, 2011.

The transaction was structured as a share-for-share exchange. Conyers lawyers Graham Collis, Mary Ward and Dominic Ross advised on matters of Bermuda law and Willkie Farr & Gallagher LLP provided US advice to Level 3 Communications.

Bank of America Merrill Lynch, Citigroup and Morgan Stanley acted as advisors to Level 3 Communications and Rothschild provided the fairness opinion. Goldman Sachs advised Global Crossing Limited. Credit Suisse Securities advised Singapore Technologies Telemedia, Global Crossing Limited’s largest investor.