Simpson Thacher Represents JPMorgan Chase & Co. in $850 Million Preferred Stock Offering

The Firm represented JPMorgan Chase & Co. in connection with a public offering of 34,000,000 Depositary Shares, equivalent to $850 million in aggregate amount, each Depositary Share representing a 1/400th interest in a share of perpetual 5.45% Non-Cumulative Preferred Stock, Series P, of JPMorgan Chase & Co. The underwriters have the right to purchase up to an additional 5,100,000 Depositary Shares at the public offering price within 30 days. The offering closed on February 5, 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents First Data in Refinancing

Simpson Thacher represented First Data Corporation (“First Data”) in connection with its Rule 144A and Regulation S offering of $785 million aggregate principal amount of 11.25% Senior Notes due 2021. Simpson Thacher also represented First Data in connection with its borrowing of $258 million in aggregate principal amount of incremental term loans due 2018.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk Advises Comcast on Its Acquisition of General Electric’s Common Equity Stake in NBCUniversal

Davis Polk is advising Comcast Corporation on its $16.7 billion acquisition of General Electric Company’s 49% common equity stake in the NBCUniversal Media, LLC joint venture. NBCUniversal will also purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, New Jersey for approximately $1.4 billion. The transaction is subject to customary closing conditions and is expected to close by the end of the first quarter of this year.

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Tags:  Davis Polk & Wardwell | New York

Cahill Represents Initial Purchasers in $650 Million Notes Offering by Atlas Pipeline Partners

Cahill represented BofA Merrill Lynch, Wells Fargo Securities, Deutsche Bank Securities, Citigroup, and J.P. Morgan, as joint book-running managers, and the co-managers in connection with the Rule 144A offering of $650,000,000 aggregate principal amount of $5-7/8% Senior Notes due 2023 by Atlas Pipeline Partners, L.P.

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Tags:  Cahill Gordon & Reindel LLP | New York

Cahill Represents Initial Purchasers in $220 Million Notes Offering by Universal Hospital Services

Cahill represented Barclays, BofA Merrill Lynch and RBC Capital Markets as joint book-running managers and Wells Fargo Securities and PNC Capital Markets LLC as co-managers in connection with the Rule 144A offering of $220,000,000 aggregate principal amount of 7.625% Second Lien Senior Secured Notes due 2020 by Universal Hospital Services, Inc.

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Tags:  Cahill Gordon & Reindel LLP | New York

Shearman & Sterling Advises Jefferies on Financing for SESAC Acquisition

Shearman & Sterling advised Jefferies Finance LLC, as administrative agent, collateral agent, sole lead arranger and sole lead bookrunner, in connection with a $360 million financing, comprised of a $250 million first lien financing and $110 million second lien financing, related to the acquisition of SESAC Holdings, Inc. by Rizvi Traverse Management.

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Tags:  Shearman & Sterling LLP | New York