Simpson Thacher Represents the Underwriters in an Offering of $500 Million of Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.375% Non-Cumulative Perpetual Preferred Stock, by Regions Financial Corporation

The Firm represented the underwriters, led by Morgan Stanley & Co. LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers, in connection with a public offering of 20,000,000 Depositary Shares, each representing a 1/40th interest in a share of 6.375% Non-Cumulative Perpetual Preferred Stock, Series A, par value $1 per share, with a liquidation preference of $1,000 per share, of Regions Financial Corporation. The Underwriters have the right to purchase up to an additional 2,000,000 depositary shares at the public offering price to cover over-allotments. The offering closed on November 1, 2012.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents SunGard Data Systems Inc. in $1.0 Billion Senior Notes Offering and Related Tender Offer

The Firm represented SunGard Data Systems Inc. (“SunGard”) in connection with its Rule 144A and Regulation S offering of $1.0 billion aggregate principal amount of 6.625% Senior Subordinated Notes due 2019. SunGard used a portion of the proceeds from the offering to fund its cash tender offer (the “Tender Offer”) for any and all of its outstanding 10¼% Senior Subordinated Notes Due 2015 (the “2015 Notes”). SunGard will use the remaining proceeds for the repurchase or redemption of any 2015 Notes not purchased in the Tender Offer.

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Cooley Builds on IP Momentum in New York

Building on the momentum created by several recent lateral hires, Cooley LLP announced today that leading Intellectual Property lawyers Walter Hanchuk and John Kheit have joined the firm as partners in its New York office. Walter and John were partners at Chadbourne & Parke LLP in New York, where Hanchuk was chair of Chadbourne’s IP practice and Kheit led the firm’s Mobile Technology practice. Hanchuk joins Cooley’s national IP group as chair of the firm’s New York IP practice and will be driving the strategic growth of the firm’s IP practice in New York.

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Simpson Thacher Represents Underwriters in IPO of Stone Harbor Emerging Markets Total Income Fund

Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., and UBS Securities LLC in connection with the initial public offering of Stone Harbor Emerging Markets Total Income Fund (the “Fund”). The offering raised approximately $276 million, assuming full exercise of the underwriters’ option to purchase additional shares.

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Simpson Thacher Represents TransUnion Holding Company, Inc. in $400 Million Offering of Senior PIK Toggle Notes and Related Consent Solicitation

The Firm represented TransUnion Holding Company, Inc. (the “Company”) in connection with a 144A/Regulation S offering of $400 million 8.125%/8.875% Senior PIK Toggle Notes due 2018. The net proceeds of the offering were used to pay a one-time dividend to the Company’s shareholders. The Firm also represented the Company in the concurrent consent solicitation to amend the indenture governing the Company’s existing notes to permit the dividend.

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Chadbourne Represents Credit Suisse and HSBC as Initial Purchasers of Sabine Pass LNG’s $420 Million Senior Secured Notes and Credit Suisse as Dealer Manager in a Related $550 Million Tender Offer for the Company’s Outstanding Notes

Chadbourne & Parke represented Credit Suisse and HSBC as initial purchasers of Sabine Pass LNG’s $420 million Senior Secured Notes due 2020. Chadbourne also represented Credit Suisse as dealer/manager in connection with a concurrent $550 million tender offer for the Company’s outstanding 7.25% Senior Secured Notes due 2013. Sabine Pass LNG is an indirect wholly-owned subsidiary of Cheniere Energy Partners, L.P.

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Tags:  New York

Shearman & Sterling Advises on CSX’s Senior Notes Offering

Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC, in connection with CSX Corporation’s public offering of $800 million aggregate principal amount of 4.100% Senior Notes due 2044. The proceeds of the offering will be used for general corporate purposes.

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