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.
Tags: New YorkShearman & 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.
Tags: Shearman & Sterling LLP | New YorkDavis Polk Advises PepsiCo, Inc. on Its £500 Million Notes Offering
Davis Polk advised PepsiCo, Inc. on its registered offering of £500 million aggregate principal amount of 2.5% senior notes due 2022. Deutsche Bank AG, London Branch, HSBC Bank plc and UBS Limited acted as joint book-running managers for the offering.
Tags: Davis Polk & Wardwell | New YorkDavis Polk Advises Ingram Micro and Ingram Funding on $675 Million Revolving Financing Program
Davis Polk advised Ingram Micro Inc. and Ingram Funding Inc. in amending Ingram Micro’s revolving trade account receivable-backed financing program. Amending this financing program will extend its maturity date to November 1, 2015, will increase the financing program’s limit to $675 million with permitted future increases of up to $900 million, and make other changes to permit future inclusion of foreign obligor receivables and to adjust the dilution reserve applicable to the receivables pool. The Bank of Nova Scotia will serve as the new administrative agent under the amended financing program.
Tags: Davis Polk & Wardwell | New YorkAkerman Senterfitt Welcomes Real Estate and Land Use Lawyer Mark Levine in New York
Mark Levine has joined Akerman Senterfitt’s Real Estate Practice Group and will be based in New York as a member of the firm’s Land Use and Development team. He joins from Herrick, Feinstein LLP, where he previously served as chair of the Land Use and Environmental Group. More >>
Tags: Akerman LLP | New YorkRenowned Litigator Terri Mazur Joins Kaye Scholer in New York
Renowned litigator Terri Mazur has joined Kaye Scholer as a partner in its New York office.
Tags: Arnold & Porter Kaye Scholer LLP | New YorkDavis Polk – Royal Bank of Canada US$1 Billion Notes Offering
Davis Polk advised Royal Bank of Canada Capital Markets, LLC, Goldman, Sachs & Co., and nabSecurities, LLC as lead managers on an SEC-registered offering by Royal Bank of Canada of $1 billion aggregate principal amount of 0.8% senior notes due 2015 under its $25 billion medium-term notes program.
Tags: Davis Polk & Wardwell | New YorkDavis Polk Advises MSCI on Its Acquisition of IPD Group
Davis Polk is advising MSCI Inc. in connection with its $125 million acquisition of IPD Group Limited, an English company. The transaction is expected to close during the fourth quarter of 2012.
Tags: Davis Polk & Wardwell | New YorkKramer Levin Bolsters Financial Services Practice with the Addition of George Silfen
Kramer Levin Naftalis & Frankel LLP today announced that corporate attorney George M. Silfen has joined the New York office as a partner in the firm’s Financial Services Group. Mr. Silfen primarily advises clients on regulatory and compliance matters associated with investment companies, and investment advisory, brokerage, securities custody and transfer agent services.
Tags: Kramer Levin Naftalis & Frankel LLP | New YorkDavis Polk Advises Bertelsmann on the Combination of Random House and Penguin
Davis Polk is advising Bertelsmann SE & Co. KGaA in connection with the combination with Pearson plc of their trade-book publishing companies, Random House and Penguin Group, respectively. Bertelsmann will own 53% and Pearson will own 47% of the combined company, which will be named Penguin Random House. The closing of the transaction is scheduled to take place in the second half of 2013, following regulatory approval.
Tags: Davis Polk & Wardwell | New York