NII Holdings Completes $1.88 Billion Sale to AT&T

NII Holdings, Inc. announced it has completed the $1.88 billion sale of its Mexican operations to AT&T. Kramer Levin represents the Official Committee of Unsecured Creditors in NII’s ongoing bankruptcy case, one of the largest chapter 11 cases of 2014. This pivotal transaction, which is subject to customary post-closing adjustments, led to a revised plan support agreement with significantly increased plan value and distributions to all creditor classes and the support of more than 70 percent of the estate’s creditors. The chapter 11 plan, for which the Creditors’ Committee is a co-plan proponent, is scheduled for confirmation in June 2015 in the Southern District of New York.

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Charter Communications to Merge With Time Warner Cable

As widely reported in the Wall Street Journal, The New York Times and other media outlets, Paul, Weiss client Time Warner Cable and Charter Communications, Inc. announced that they have entered into a definitive agreement for Charter to merge with Time Warner Cable. The transaction, which values Time Warner Cable at $78.7 billion, will create a leading broadband services and technology company, which will result in greater product innovation, bringing new and advanced services to consumers and businesses. The merger agreement is subject to shareholder approval at both companies and regulatory review and other customary conditions and is expected to close by the end of 2015.

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Litigator and corporate advisor Melanie Joo joins Thompson Coburn in Los Angeles

Thompson Coburn is pleased to announce that Melanie Joo has joined the firm as a partner in our Los Angeles office. Melanie previously was Counsel at Arent Fox LLP. She is the 20th attorney to join Thompson Coburn’s growing Los Angeles office since the firm’s 2013 combination with Freedman Weisz LLP.

Melanie focuses her practice in two main areas: The representation of automotive companies, including vehicle dealerships and manufacturers, and the representation of Korean companies and other Asia-based clients entering the U.S. market.

Melanie, who speaks Korean, counsels Asian companies across a host of industries, including automotive, electronics manufacturing, fashion and hospitality. She serves as a partner and advisor to such clients on all aspects of doing business in the United States, from market entry, formation and cross border transactions, to intellectual property, advertising and complex litigation. Melanie guides Asia-based companies through corporate formation, advises executives on all aspects of franchising, licensing and regulatory laws, and offers continuing counsel as they expand in the U.S. market.

For nearly a decade, Melanie has represented automotive industry clients on a variety of federal and state regulatory matters, class action and consumer litigation, and transactional matters. She counsels automotive clients on multi-agency government investigations and has a team ready to provide clients with multi-state mapping of applicable laws and regulations across the country. Melanie also has extensive experience representing startup electric vehicle manufacturers, Internet-based automotive advertising companies and national automotive retailers.

Melanie is a member of the Los Angeles County Bar Association, the Korean American Bar Association, the International Association of Korean Lawyers, and the Korean American Chamber of Commerce Los Angeles.

She earned her law degree from Tulane University School of Law and her B.A. degree from the University of Southern California.

Susan L. Daly Joins Procopio

Procopio is pleased to announce the addition of partner Susan L. Daly to the firm’s Real Estate team.

Susan focuses her practice on representing developers of residential and commercial real estate. She has extensive experience in numerous types of subdivided land projects in California, Hawaii, Arizona and Oregon, including condominiums, planned developments, standard subdivisions, mixed-use projects, mixed-use high-rise projects, commercial condominium projects, residential master-planned communities, resort master-planned communities, golf course communities and custom home developments. Susan works regularly with builders and developers to obtain subdivision public reports from the California Bureau of Real Estate and approval of subdivision documents from local city and county planning departments. She also works with developers and lenders on broken common interest development projects.

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Shearman & Sterling Advises on McGraw Hill Financial, Inc.’s $700 Million Senior Notes Offering

Shearman & Sterling represented Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC as joint bookrunning managers in connection with McGraw Hill Financial, Inc.’s investment-grade Rule 144A/Regulation S offering of $700 million aggregate principal amount of 4.000% Senior Notes due 2025, guaranteed by Standard & Poor’s Financial Services LLC.

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HCA Completes $1.6 Billion High Yield Debt Offering

Simpson Thacher recently represented HCA Inc. in its high yield offering of $1.6 billion aggregate principal amount of 5.375% Senior Notes due 2025. The notes represent a further issuance of HCA’s 5.375% Senior Notes due 2025 that were issued on January 16, 2015. HCA intends to use the net proceeds for the redemption of certain of HCA Holdings, Inc.’s existing senior notes and for general corporate purposes.

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Global Transactional Attorney Joins BakerHostetler

International and domestic transactional attorney, Partner Rajiv Khanna has joined BakerHostetler’s Business Group in the firm’s New York office. Khanna comes to BakerHostetler from Seyfarth Shaw LLP.

Khanna brings more than 35 years of experience, including four years practicing in New Delhi, India, counseling publicly and privately held clients on domestic, cross-border, and multijurisdictional M&A transactions; securities offerings; corporate and project finance; and real estate transactions. His business background allows him to advise clients in a business friendly manner in technology, pharmaceutical, financial services, energy, consumer products and other industries through mergers and acquisitions, initial and follow-on public offerings, and other transactions. Khanna most recently counseled a Fortune 500 company on its mergers and acquisitions. His fluency in Hindi, Urdu, and Punjabi allows him to serve multinational clients with interests in South Asia. He is recognized as a New York Super Lawyer (2006-2008) and is listed in Jewels of India.

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Columbia Pipeline Group, Inc.’s Inaugural Private Offering of $2.75 Billion of Senior Notes

Hunton & Williams LLP advised J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc. and Scotia Capital (USA) Inc., as joint book-running managers, in connection with Columbia Pipeline Group, Inc.’s (“CPG”) inaugural issuance of $2.75 billion in aggregate principal amount of its senior unsecured notes (the “notes”) in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended, to eligible purchasers. The notes will initially be fully and unconditionally guaranteed on a senior unsecured basis by certain of CPG’s subsidiaries. A portion of the net proceeds from the private offering will be used to fund a special dividend to NiSource Inc., CPG’s parent company, in connection with their planned separation, which is expected to take place in mid-2015. Upon the completion of the planned separation, CPG will become a stand-alone publicly traded company, focusing on natural gas pipeline and related businesses.

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