The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., in connection with registered public offerings of 6,000,000 shares of common stock of Solar Capital Ltd. (NASDAQ: SLRC) and 2,000,000 shares of common stock of Solar Senior Capital Ltd. (NASDAQ:SUNS). The gross proceeds from the offering to SLRC were $140,910,000 and to SUNS were $37,200,000.

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Simpson Thacher represented TPC Group Inc. (“TPC”) in connection with its Rule 144A and Regulation S offering of $100 million aggregate principal amount of additional 8.75% Senior Secured Notes due 2020. The deal closed on January 22, 2013. TPC used the net proceeds from this offering for general corporate purposes, including for certain strategic capital projects.

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Mayer Brown, a leading global law firm, announced that noted capital markets tax attorney Mark H. Leeds has joined the firm in New York as a partner in the Tax Transactions & Consulting practice. Previously, he was a shareholder in the New York office of Greenberg Traurig.

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Edwards Wildman represented US-based multinational property and casualty insurer AmTrust Financial Services in its acquisition of First Nonprofit Companies (FNC) as well as in its agreement to buy Mutual Insurers Holding Company (MIHC) for an undisclosed sum.

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On January 17, 2013, Compagnie de Saint‑Gobain announced that it has agreed to sell its Verallia North America business to the Ardagh Group for an enterprise value of approximately US$1.7 billion. Verallia North America is the second largest glass container manufacturer in the United States. The transaction is subject to regulatory approval. Cravath acted as U.S. counsel to Saint‑Gobain in connection with this transaction.

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Simpson Thacher advised MerchCap Solutions LLC (“MCS”) in connection with a commitment by CPPIB Credit Investments Inc. (“CPP Credit”), a wholly-owned subsidiary of Canada Pension Plan Investment Board (“CPPIB”), of $50 million of equity to MCS to support its business.

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Goodwin Procter, a national Am Law 50 firm, announced today that Brynn D. Peltz has joined the firm’s Financial Institutions Group in New York as a partner in its Transactions and Investment Management & Regulation Practices, as well as the firm’s Private Investment Funds Practice. Peltz joins Goodwin from Latham & Watkins where she was a partner in its financial regulatory and investment funds practices. Previously, she was a partner at Clifford Chance.

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Davis Polk advised Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering by KKR Financial Holdings LLC of 14,950,000 7.375% Series A LLC Preferred Shares, which includes the full exercise of the over-allotment option. The total proceeds of the offering were approximately $374 million.

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Simpson Thacher recently represented The Carlyle Group in connection with its maiden bond issuance. Carlyle Holdings Finance L.L.C., an indirect finance subsidiary of The Carlyle Group L.P., issued and sold $500,000,000 aggregate principal amount of its 3.875% Senior Notes due 2023 guaranteed by The Carlyle Group L.P., Carlyle Holdings I L.P., Carlyle Holdings II L.P. and Carlyle Holdings III L.P. Carlyle intends to use the net proceeds from the sale of the notes to repay outstanding borrowings under its revolving credit facility and for general corporate purposes.

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TransCanada PipeLines Limited completed a public offering of its 0.750% Senior Notes Due 2016 in the United States for gross proceeds of approximately $745 million. TransCanada PipeLines Limited is a Canadian company that operates primarily in three business segments: natural gas pipelines, oil pipelines and energy. Paul, Weiss represented the underwriters, led by HSBC and Citigroup, in connection with the offering.

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