Cahill Represents Initial Purchasers in $3.5 Billion Senior Notes Offering by MetroPCS

Cahill represented Deutsche Bank Securities, Credit Suisse, J.P. Morgan, and Morgan Stanley as joint book-running managers in connection with the Rule 144A offering of $3,500,000,000 of senior notes of MetroPCS Wireless, Inc. (“Wireless”), comprised of $1,750,000,000 aggregate principal amount of 6.25% Senior Notes due 2021 and $1,750,000,000 aggregate principal amount of 6.625% Senior Notes due 2023.

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Tags:  Cahill Gordon & Reindel LLP | New York

K&L Gates Acts for Adult Stem Cell Company Mesoblast on Largest Private Equity Financing of 2013 by Global Biotech

K&L Gates acted as lead Australian lawyers in Mesoblast Limited’s A$170 million raising, one of the largest international private equity financings for a biotech company in recent years. The world’s largest regenerative medicine company, Mesoblast raised the funds through a targeted institutional private placement, with the issue structured to comply with U.S. SEC exemptions (144a and Regulation S) as well as applicable UK and local Asian security laws.

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Tags:  K&L Gates

Davis Polk – Tempur-Pedic $1.77 Billion Acquisition Financing

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole lead arranger and bookrunner in connection with $1.77 billion of financing provided to Tempur-Pedic International Inc. for its acquisition of Sealy Corporation, which closed on March 18, 2013. The financing consists of $1.07 billion in senior secured term loan facilities, a $350 million senior secured revolving credit facility and a $350 million senior unsecured bridge facility.

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Tags:  Davis Polk & Wardwell | New York

Davis Polk Advises Crestview Partners on Its Sale of Shares in Charter Communications

Davis Polk is advising Crestview Partners as member of an investor group in connection with the $2.617 billion sale of approximately 26.9 million shares and approximately 1.1 million warrants in Charter Communications, Inc. to Liberty Media Corporation. The investor group includes investment funds managed by, or affiliated with, Apollo Management, Oaktree Capital Management and Crestview Partners. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the first half of the second quarter of 2013.

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Tags:  Davis Polk & Wardwell | New York