Cahill – IAMGOLD Completes $650 Million Notes Offering

Cahill represented Citigroup and Scotiabank as joint book-running managers, CIBC and TD Securities as co-lead managers and the other co-managers in connection with the Rule 144A/Reg S offering of $650,000,000 aggregate principal amount of 6.75% Senior Notes due 2020 by IAMGOLD Corporation, a leading gold mining company. Proceeds from the offering will be used for general corporate purposes.

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Tags:  Cahill Gordon & Reindel LLP | New York

Davis Polk Advises The Royal Bank of Scotland Group plc on Its $2 Billion SEC-Registered Notes Offering

Davis Polk advised The Royal Bank of Scotland Group plc, a public limited company incorporated in Scotland, in connection with its SEC-registered shelf takedown of $2 billion aggregate principal amount of 2.55% senior notes due 2015. The notes were underwritten by RBS Securities Inc. as sole bookrunner and lead manager, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC as senior co-managers, and BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC, CIBC World Markets Corp., HSBC Securities (USA) Inc., nabSecurities, LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and UBS Securities LLC as co-managers.

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Tags:  Davis Polk & Wardwell | New York

Royal Bank of Canada $2.5 Billion Covered Bonds Offering

Davis Polk acted as special counsel to RBC Capital Markets, LLC, Morgan Stanley & Co. LLC and RBS Securities Inc. as joint book-running managers on an SEC-registered offering by Royal Bank of Canada of $2.5 billion aggregate principal amount of 1.2% covered bonds due 2017.

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Tags:  New York

Simpson Thacher Represents Lightyear Capital in Establishing $950 Million Private Equity Fund

The Firm represented Lightyear Capital LLC (“Lightyear”) in connection with the establishment of its third private equity fund, Lightyear Fund III, L.P. (“Fund III”), with $950 million in capital commitments, surpassing its target of $800 million. Fund III will focus primarily on control investments in North America-based, middle-market companies across the financial services spectrum, including asset management, banking, brokerage, financial technology, insurance, and specialty finance.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Barclays Capital Inc. and Goldman, Sachs & Co. as Underwriters in $275 Million Senior Notes Offering by Infinity Property and Casualty Corporation

The Firm recently represented Barclays Capital Inc. and Goldman, Sachs & Co. as underwriters, in connection with a public offering by Infinity Property and Casualty Corporation (“Infinity”) of $275 million aggregate principal amount of its 5.000% Senior Notes due 2022. The offering closed on September 17, 2012.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Team Health Holdings, Inc. and Selling Shareholder in Offering of 8,000,000 Shares of Common Stock

The Firm recently represented Team Health Holdings, Inc. (“TeamHealth”) and Ensemble Parent LLC (an affiliate of The Blackstone Group) in the sale by Ensemble Parent LLC of 8,000,000 shares of TeamHealth common stock, resulting in gross proceeds of $223,360,000. After giving effect to the offering, Ensemble Parent LLC owns approximately 27.4% of TeamHealth’s common stock. BofA Merrill Lynch acted as underwriter for the offering.

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Tags:  Simpson Thacher & Bartlett LLP | New York