International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Transportation Finance partner Drew S. Fine and Global Securities partner Arnold Peinado, recently represented the initial purchasers in three separate offerings of notes by Pemex, Mexico’s national oil and gas company, totaling $1.2 billion. The joint book runners were Credit Agricole Securities, Goldman, Sachs & Co. and J.P. Morgan.
Tags: Milbank LLP | New YorkProskauer Broadens Biotech Patent Litigation Capabilities with New Partner in New York
Proskauer has expanded its biotechnology patent litigation capabilities with the addition of Mary S. Consalvi as a Partner in the firm’s Patent Law Group. Based in New York, Ms. Consalvi is the former president and general counsel of NetBio Systems, Inc., a leading provider of rapid DNA analysis solutions located in Waltham, MA.
Tags: Proskauer Rose, LLP | New YorkAndrew D. Shaffer Joins Butzel Long’s New York Office as Shareholder
Andrew D. Shaffer, an attorney who concentrates his practice on bankruptcy and restructuring, has joined the law firm Butzel Long as a Shareholder in its New York office.
Tags: Butzel Long | New YorkShearman & Sterling Advises Inversiones La Construcción S.A. (ILC) and Selling Shareholders in Offering of 32,193,892 Shares of ILC Common Stock
Shearman & Sterling represented Inversiones La Construcción S.A. (ILC) and the selling shareholders Cámara Chilena de la Construcción A.G. and Fondo de Inversion Privado ILC in connection with the global offering of 32,193,892 shares of ILC’s common stock. The offering, which closed on July 24, raised US$468 million, making it the largest initial public offering in the Santiago Stock Exchange’s history.
Tags: Shearman & Sterling LLP | New YorkCahill Represents Underwriters in $3 Billion Notes Offering by CIT Group
Cahill represented the underwriters in connection with the public offering of $1,750,000,000 of 4.25% Senior Unsecured Notes due 2017 and $1,250,000,000 of 5.00% Senior Unsecured Notes due 2022 by CIT Group Inc. Proceeds from the offering were to be used to refinance existing indebtedness and for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New YorkWeil Advises Goldman Sachs on $3.5 Billion Bridge Facility for Walgreen Co.
A Weil team, led by New York partner Morgan Bale, advised Goldman Sachs as joint lead arranger, joint bookrunner and administrative agent for a $3.5 billion senior unsecured bridge facility in connection the $6.7 billion strategic investment by Walgreen Co. (Walgreens), the largest drug store chain in the United States, in Alliance Boots GmbH, a Switzerland-based international pharmacy-led health and beauty group from Kohlberg Kravis Roberts. The bridge facility and the investment closed on August 2, 2012.
Tags: Weil, Gotshal & Manges, LLP | New YorkShearman & Sterling Advises Best Buy Founder on Proposal to Acquire Company
Shearman & Sterling is representing Richard Schulze, founder and former Chairman of Best Buy Co., Inc., in his proposal to the Best Buy Board of Directors to acquire all of the outstanding shares of the company that he does not already own. Schulze is Best Buy’s largest shareholder, controlling 20.1% of Best Buy shares.
Tags: Shearman & Sterling LLP | New YorkDavis Polk – The Pantry, Inc. $250 Million High-Yield Notes Offering and Concurrent Tender Offer and Consent Solicitation
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, RBC Capital Markets, LLC, BMO Capital Markets Corp. and SunTrust Robinson Humphrey, Inc. as joint book-running managers on a Rule 144A/Regulation S offering by The Pantry, Inc. of $250 million aggregate principal amount of its 8.375% senior notes due 2020.
Tags: Davis Polk & Wardwell | New YorkDavis Polk – PPG Industries, Inc. $400 Million Notes Offering
Davis Polk advised BNP Paribas Securities Corp., Goldman, Sachs & Co. and J.P. Morgan Securities LLC as joint book-running managers on a public offering by PPG Industries, Inc. of $400 million aggregate principal amount of 2.7% notes due 2022.
Tags: Davis Polk & Wardwell | New YorkWhite & Case Represents Talbots in Its Sale to an Affiliate of Sycamore Partners
Global law firm White & Case LLP represented The Talbots, Inc., a leading specialty retailer and direct marketer of women’s apparel, shoes and accessories, in its sale to an affiliate of Sycamore Partners, a private equity firm. The transaction was consummated today.
Tags: White & Case LLP | New York