Shearman & Sterling Advises on Interbank’s US$250 Million Senior Notes Offering

Shearman & Sterling represented Banco Internacional del Perú S.A.A.- Interbank, a Peruvian bank, acting through its Panamanian branch in connection with its 144A/Regulation S offering of US$250 million aggregate principal amount of its 5.750% Senior Notes Due 2020. This offering is a reopening of its previous offering of 5.750% Senior Notes due 2020 issued on October 7, 2010.

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Shearman & Sterling Advises on US$4.1 Billion Grupo Financiero Santander México IPO

Shearman & Sterling represented the syndicate of banks led by UBS Securities LLC as sole financial advisor and led by global coordinators Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Santander Investment Securities Inc. and UBS Securities LLC, underwriting the US$4.1 billion initial public offering of American depositary shares represented by shares of Series B common stock of Grupo Financiero Santander México, S.A.B. de C.V., the Mexican subsidiary of Spain’s Banco Santander S.A. Grupo Financiero Santander México, S.A.B. de C.V. dual listed its shares with the New York Stock Exchange and the Mexican Stock Exchange.

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Milbank Represents Bosque Power Company in $432 Million Sale of Texas Power Plant

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Corporate partner John Franchini together with Global Project Finance partner William Bice, acted as counsel to Bosque Power Company, in the $432 million sale, plus adjustments, of its 800-megawatt central Texas power plant to Calpine Corporation, the largest U.S. independent power generator.

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Simpson Thacher Represents DJO Finance LLC and DJO Finance Corporation in High Yield Notes Offerings

Simpson Thacher represented DJO Finance LLC (the “Company”) and DJO Finance Corporation, both wholly-owned subsidiaries of DJO Global, Inc., in Rule 144A and Regulation S offerings of $100.0 million aggregate principal amount of 8.75% Second Priority Senior Secured Notes due 2018 and $440.0 million aggregate principal amount of 9.875% Senior Notes due 2018. The net proceeds of the issuances are being used to refinance the issuers’ $465.0 million aggregate principal amount of 10.875% Senior Notes due 2014, pay related fees and expenses, and repay $38.0 million of borrowings under the Company’s senior secured revolving credit facility. The offerings closed on October 1, 2012.

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Orrick Wins Significant Victory for KBC in Diamond Theft Case

Orrick, Herrington & Sutcliffe LLP recently secured a significant victory in the United States District Court for the Southern District of New York for Belgian bank KBC, a longtime Orrick client. The plaintiff, Lazare Kaplan International, the largest diamond manufacturing and distribution company in the United States, filed a US$1.5 billion RICO lawsuit against KBC and its subsidiary, Antwerp Diamond Bank (ADB), in December 2011. The suit was based on the alleged theft of US$135 million in diamonds from Lazare’s Belgian and other foreign subsidiaries.

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Greenberg Traurig Represents SPAC Sponsored by BET Founder in Purchase of Image Entertainment, Inc. and Acorn Media Group, Inc.

The international law firm Greenberg Traurig LLP represented RLJ Acquisition, Inc., a special purpose acquisition corporation (SPAC) sponsored by Robert Johnson, the founder of Black Entertainment Television (BET), in a transaction that closed Wednesday, October 3, to acquire two film distribution companies: Image Entertainment, Inc. and Acorn Media Group, Inc. The combined companies will operate as “RLJ Entertainment, Inc.” It is expected that the shares of RLJ Entertainment common stock will trade on the Nasdaq Capital Market. The deal will combine two major home entertainment movie libraries. Image has the exclusive rights to 3,700 DVD titles, including the Criterion Collection, and the digital download rights for 2,200 video programs. Acorn Media has the rights to many British television programs and films.

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Davis Polk Advises Mitsubishi UFJ Lease & Finance Company on Its Acquisition of Jackson Square Aviation

Davis Polk is advising Mitsubishi UFJ Lease & Finance Company Limited (MUL) in connection with its approximately ¥100 billion ($1.3 billion) acquisition of all of the equity of JSA International Holdings, L.P. (d/b/a Jackson Square Aviation) from a group of funds affiliated with Oaktree Capital Management, L.P. and certain management sellers. Jackson Square Aviation (JSA) is one of the world’s leading commercial aircraft lessors, with a fleet of 76 next-generation aircraft valued in excess of $4 billion. The transaction is expected to close by the end of 2012, pending regulatory approvals.

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