The Firm recently represented the Republic of Peru in connection with the issuance of approximately US$2.5 billion sovereign bonds in two separate transactions that closed simultaneously. The transactions included (i) the issuance and sale of S/. 4.19 billion (US$1.5 billion) of nuevo sol-denominated bonos soberanos due 2020, which were initially purchased by Scotiabank Peru and resold as global depositary notes by Merrill Lynch and Morgan Stanley to qualified institutional buyers in the United States in reliance on Rule 144A and outside the United States in reliance on Regulation S and (ii) the issuance and sale of US$1 billion U.S. dollar-denominated global bonds due 2050 in an SEC-registered offering underwritten by Merrill Lynch and Morgan Stanley.
Tags: Simpson Thacher & Bartlett LLPMonthly Archives: November 2010
Davis Polk on Radian Group Inc. $450 Million Convertible Senior Notes Offering
Davis Polk acted as special product counsel for Morgan Stanley & Co. Incorporated as the sole book-running manager and representative of the underwriters on a registered public offering by Radian Group Inc. of $450 million aggregate principal amount of 3.00% convertible senior notes due 2017 (which included the full exercise of the over-allotment option). In addition, Davis Polk advised the counterparty to capped call transactions with Radian Group in connection with the convertible senior notes offering.
Tags: Davis Polk & WardwellDLA Piper Advises Scottish Rugby Union on Broadcast Deal with BBC
DLA Piper’s Sports team has successfully advised the Scottish Rugby Union (SRU) on the sale of broadcast rights for Scotland’s Autumn Internationals to the BBC. It is the first time in several years that the SRU has sold the rights on an individual basis and will mean that Scotland’s matches against New Zealand, South Africa and Samoa later this month will be shown live on the BBC.
Tags: DLA PiperJones Day Advises London & Stamford Property on £82 million Acquisition of Prime Distribution Portfolio
Jones Day has acted for U.K. real estate investment trust London & Stamford Property PLC in its acquisition of a portfolio of prime distribution assets for £82 million from Harbert Management Corporation (Europe).
Tags: Jones Day LLPEversheds advises Apple on Bringing the Beatles On-line
International law firm Eversheds has advised longstanding client Apple Corps Limited on its agreement to release The Beatles recordings on iTunes.
Tags: Eversheds SutherlandWeil Advises HgCapital on Two Significant Transactions in November
Weil has advised HgCapital on its acquisition of a majority stake in ATC Group, the leading independent provider of corporate services to multinational corporations and financial institutions.
Tags: Weil, Gotshal & Manges, LLPSimpson Thacher Represents JPMorgan in Financing Avista Capital Partners’ Acquisition of the Global Auto Care Business of The Clorox Company
Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with $350 million of senior secured credit facilities and J.P. Morgan Securities LLC as representative of the initial purchasers of $275 million of 9.25% Senior Notes due 2018 to finance a portion of the acquisition of the Global Auto Care Business of The Clorox Company by private equity sponsor Avista Capital Partners.
Tags: Simpson Thacher & Bartlett LLP
Ogilvy Renault and Deneys Reitz to Join Norton Rose Group
International legal practice Norton Rose Group today announced that leading Canadian law firm Ogilvy Renault and leading South African law firm Deneys Reitz will join Norton Rose Group on 1 June 2011.
Tags: Norton Rose FulbrightSimpson Thacher Represents Brambles in Acquisition of IFCO Systems
Simpson Thacher is representing Brambles Limited as U.S. counsel in its acquisition of IFCO Systems NV in a transaction valued at €923 million (U.S. $1.26 billion). The transaction is expected to close by the middle of 2011.
Tags: Simpson Thacher & Bartlett LLPMayer Brown Acts as Lead Deal counsel for Caterpillar Inc. on $8.6 Billion Acquisition of Bucyrus International
Mayer Brown, a leading global law firm, served as lead deal counsel for Caterpillar Inc. on the acquisition of mining equipment firm Bucyrus International, Inc. for approximately $8.6 billion (including net debt).
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