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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Tags:  Shearman & Sterling LLP | New York

Davis 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.

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Tags:  Davis Polk & Wardwell | New York

Kramer 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.

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Tags:  Kramer Levin Naftalis & Frankel LLP | New York

Davis 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.

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Tags:  Davis Polk & Wardwell | New York