The firm advised a nine-bank group 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.

Hughes Hubbard won an important ruling that the Russian government is not immune from defending a suit seeking confirmation of an over $34 million arbitration award against the country in favor of a group of 11 Ukrainian companies.

The firm represented Flushing Financial Corporation in its $70 million public offering, which closed on Dec. 16. The offering was comprised of 4,590,164 shares of its common stock at a public offering price of $15.25 per share.

Hughes Hubbard is advising Indian hotel giant OYO on its $525 million acquisition of G6 Hospitality, the parent company of iconic U.S. hospitality brand Motel 6.

Hughes Hubbard announced today that Jeremy Paner has joined as partner in the firm’s Sanctions, Export Controls & Anti‑Money Laundering practice and will be based in the Washington, DC, office.

As reported in The New York Times, the firm advised the Aso O. Tavitian Foundation on its gift to the Sterling and Francine Clark Art Institute of an extraordinary collection of 331 works of art. The gift also included more than $45 million to build a new wing for the collection, and to fund a new curator’s position.