Davis Polk – Palo Alto Networks Initial Public Offering

Davis Polk advised Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Citigroup Global Markets Inc. as joint book-running managers in connection with the $300 million initial public offering of 7,130,000 shares of common stock of Palo Alto Networks, Inc. (including 930,000 shares subject to the underwriters’ over-allotment option) at $42.00 per share. Of these, Palo Alto Networks sold 5,617,259 shares and stockholders sold 1,512,741 shares. The common stock is listed on the New York Stock Exchange under the symbol “PANW.”

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Tags:  Davis Polk & Wardwell | New York

Davis Polk – Taesa Equity Offering

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, BTG Pactual US Capital LLC, Goldman, Sachs & Co., Santander Investment Securities Inc. and Banco do Brasil Securities LLC as joint bookrunners on the Rule 144A/Regulation S primary offering of units of Transmissora Aliança de Energia Elétrica S.A. (“Taesa”) The company sold an aggregate of 24,000,000 units, which consisted of common and preferred shares, for a total of approximately R$1.6 billion (approximately US$800 million).

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Tags:  Davis Polk & Wardwell | Sao Paulo

Milbank Represents Underwriters in Chile’s Largest IPO

In its second major IPO on behalf of a Chilean company in the past month, Milbank, Tweed, Hadley & McCloy has represented underwriters who led the initial public offering of Chilean construction and investment firm Inversiones La Construccion SA. The deal, which raised $466 million on the Santiago Stock Exchange when it debuted July 20, constitutes the largest IPO ever in Chile.

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Tags:  Milbank LLP | New York

WFW Asia Practice Acts for Brunei Gas Carriers Sdn Bhd on a US$170m Secured Islamic Finance Facility for Newbuild LNG Vessel Acquisition

The Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it has advised Brunei Gas Carriers Sdn Bhd (“BGC”) on the raising of US$170 million to fund the acquisition of one 155,000m3 newbuild LNG vessel. The vessel will be chartered under a long term charter to Brunei LNG Sdn Bhd. WFW also advised BGC on the shipbuilding contract, shipping services agreements and charter documents for the newbuild LNG vessel.

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Tags:  Watson, Farley & Williams LLP | Singapore

Cahill – Ardagh Packaging Completes Multicurrency Notes Offering

Cahill represented Citigroup Global Markets as sole book-running manager and J&E Davy as co-manager in connection with the multicurrency notes offering, comprised of €260,000,000 7.375% First Priority Senior Secured Notes due 2017; $350,000,000 7.375% First Priority Senior Secured Notes due 2017; and $210,000,000 9.125% Senior Notes due 2020 by Ardagh Packaging Finance plc and Ardagh MP Holdings USA Inc.

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Tags:  Cahill Gordon & Reindel LLP | New York

Simpson Thacher Represents the Initial Purchasers in $350 Million Senior Notes Offering by Laureate Education, Inc.

The Firm recently represented the initial purchasers, led by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, in connection with a Rule 144A/Regulation S offering by Laureate Education, Inc. (“Laureate”) of $350 million aggregate principal amount of 9.250% senior notes due 2019. The offering closed on July 25, 2012.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Travers Smith Acts on US$104m Placing and Open Offer by Raven Russia

Travers Smith corporate partner Richard Spedding is leading a team advising Singer Capital Markets as sponsor, joint financial adviser and broker in connection with a proposed US$215m acquisition by Raven Russia Limited, and a US$104m placing and open offer of preference shares to part-finance the acquisition. Raven Russia, listed on the main market of the London Stock Exchange, is acquiring Toros, the owner of Pushkino Logistics Park – a class A logistics complex north-east of Moscow.

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Tags:  Travers Smith