Simpson Thacher Represents Aozora Bank in Secondary Offering of Common Stock by Cerberus

The Firm recently represented Japan’s Aozora Bank in connection with the secondary offering of 591,250,000 shares of common stock by Cerberus NCB Acquisition, L.P., which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥133 billion (US$1.5 billion) for the selling shareholder. Citigroup, Morgan Stanley, Goldman Sachs and Barclays acted as joint international managers for the offering.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo

Simpson Thacher Represents the Initial Purchasers in US$350 Million Debt Offering by Shinhan Bank

Simpson Thacher represented Australia and New Zealand Banking Group Limited, BNP Paribas Securities Corp., Deutsche Bank AG, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities plc, Merrill Lynch International and Mizuho Securities USA Inc. as joint bookrunners and Shinhan Asia Limited and Shinhan Investment Corp. as joint lead managers, in connection with the offering of US$350 million 1.875% Notes due July 30, 2018 by Shinhan Bank under its $6,000,000,000 global medium term note program in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, as amended.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

McDermott Advises ROI Acquisition SPAC on Agreement to Purchase EveryWare Global

International law firm McDermott Will & Emery LLP represented ROI Acquisition Corp. (“ROI”) (NASDAQ: ROIQ; ROIQW; ROIQU), a special purpose acquisition company (SPAC), in connection with the execution of a merger agreement for its business combination transaction in which ROI will acquire EveryWare Global, Inc. (“EveryWare”). ROI is sponsored by an affiliate of the Clinton Group, which is an established private equity and public equity investor in the consumer sector, and the restaurant industry in particular.

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Tags:  McDermott, Will & Emery | New York

Ropes & Gray Represents Bitė Finance on Refinancing of its Existing Debt

Ropes & Gray advised Bitė Finance International B.V. (“Bitė”) in connection with its offering of €200 million in aggregate principal amount of senior secured floating rate notes due 2018. Bitė’s operating subsidiaries provide mobile telecommunications services in Lithuania and Latvia. The proceeds of the high- yield offering were used to redeem all of Bitė’s existing bonds, refinance its group credit facility and make a distribution to its parent to repay certain of its parent’s outstanding indebtedness.

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Tags:  Ropes & Gray LLP