On December 18, Willkie client Teva Pharmaceutical Industries Limited closed on its debt offering by its special purpose finance subsidiaries, consisting of two tranches:
Tags: Willkie Farr & Gallagher LLP | New YorkMilbank Represents Underwriters in $400 Million Bond Offering by Scotiabank Peru
In its latest capital markets transaction in Latin America’s banking sector, Milbank, Tweed, Hadley & McCloy has represented a group of major investment firms in their role as initial purchasers of a 400 million offering by Peru’s third-largest bank, Scotiabank Peru SAA.
Tags: Milbank LLP | New YorkAkin Gump Advises Laclede Group in Acquisition of Regional Gas Companies
A team from Akin Gump Strauss Hauer & Feld LLP advised The Laclede Group in its $1.04 billion acquisition of Missouri Gas Energy and New England Gas Company. The price includes roughly $20 million in debt.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkSimpson Thacher Represents Underwriters in $500 Million Senior Notes Offering by Equifax Inc.
Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, in an offering of $500 million in aggregate principal amount of 3.30% Senior Notes due 2022 by Equifax Inc. (“EFX”).
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in US $600 Million Securitized Fixed Rate Senior Secured Notes Offering by Subsidiaries of Iconix Brand Group, Inc.
The Firm represented the initial purchasers, led by Barclays Capital Inc., in connection with a US $600 million offering of 4.229% Fixed Rate Senior Secured Notes by subsidiaries of Iconix Brand Group, Inc. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The net proceeds from the offering were used to repay amounts outstanding under Iconix’s existing revolving credit facility and costs associated with the securitized financing transaction as well as to finance a portion of Iconix’s purchase of the Umbro brand and general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkLeading M&A Lawyer Sarkis Jebejian Joins New York Office of Kirkland & Ellis LLP
Kirkland & Ellis LLP announced today that Sarkis Jebejian has joined the New York office as a partner in the Corporate Practice Group. Mr. Jebejian joins the Firm from the New York office of Cravath, Swaine & Moore LLP, where he was a partner in the corporate department.
Tags: Kirkland & Ellis LLP | New YorkKing & Spalding Advises Sprint on Acquisition of 100 Percent of Clearwire
King & Spalding advised Sprint Nextel in its definitive agreement with Clearwire Corporation in which Sprint will acquire the approximately 50 percent stake in Clearwire it does not currently own for $2.97 per share, equating to a total cash payment to Clearwire shareholders, other than Sprint, of $2.2 billion and an enterprise value for Clearwire of $10 billion. King & Spalding also advised Sprint in connection with voting and support agreements for the transaction that were obtained from Clearwire shareholders Comcast, Intel Capital and Bright House Networks.
Tags: King & Spalding LLP | New YorkGreenberg Traurig Represents the Underwriters in the Largest IPO in Poland this Year and the Largest Ever of a Non-state Owned Company
The Warsaw office of Greenberg Traurig LLP represented Barclays Capital, J.P. Morgan, Morgan Stanley and Ipopema S.A in the US$640 million initial public offering of Alior Bank S.A., which began trading today on the Warsaw Stock Exchange . It closed on Dec. 12, 2012.
Tags: Greenberg Traurig LLP | New YorkSimpson Thacher Represents Equatorial Energia in its R$1.3 Billion (US$622 Million) Follow-on Equity Offering
Simpson Thacher recently represented Equatorial Energia S.A. in connection with its R$1.3 billion (US$622 million) follow-on equity offering. The offering was registered in Brazil, with international placement efforts to qualified institutional buyers and other non-U.S. persons in reliance on Rule 144A and Regulation S under the Securities Act. A substantial portion of the net proceeds from the offering will be used for the financial restructuring of Equatorial’s recently acquired subsidiary, Centrais Elétricas do Pará – CELPA.
Tags: Simpson Thacher & Bartlett LLP | New YorkShearman & Sterling Advises on Minera Frisco’s $1.1 Billion Acquisition of AuRicoGold
Shearman & Sterling advised Minera Frisco, S.A.B. de C.V. (“Minera Frisco”) in connection with a $1.1 billion financing related to its acquisition of AuRicoGold de México, S.A. de C.V. Minera Frisco is majority owned by Carlos Slim, the world’s richest person according to the Bloomberg Billionaires Index. Minera Frisco, which was spun off from Slim’s holding company Grupo Carso S.A.B. at the beginning of 2011, is his biggest holding behind wireless carrier America Movil S.A.B. and financial-services company Grupo Financiero Inbursa S.A.B.
Tags: Shearman & Sterling LLP | New York