Davis Polk – Statoil Notes Offering

Davis Polk advised Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Merrill, Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on an SEC-registered offering by Statoil ASA of $1.75 billion principal amount of notes guaranteed by its operating subsidiary, Statoil Petroleum AS. The offering consisted of $650 million principal amount of 1.8% notes due 2016, $750 million principal amount of 3.15% notes due 2022 and $350 million principal amount of 4.25% notes due 2041.

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Tags:  Davis Polk & Wardwell

Maria Sendra Joins Jones Day as Partner in San Diego Office

The global law firm Jones Day has announced that Maria Sendra has joined the Firm as a partner in the Private Equity Practice, resident in the Firm’s San Diego Office. Ms. Sendra comes to Jones Day from the San Diego office of Baker & McKenzie, where she was a partner and co-chair of the firm’s North America Life Sciences M&A subcommittee.

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Steptoe Broadens Food Safety Practice with Addition of Cheeseman and Simmons from FDA

Steptoe & Johnson LLP is expanding the food safety practice of its Environmental Practice Group with the addition of Mitchell Cheeseman and Ralph Simmons from the U.S. Food and Drug Administration (FDA).  Dr. Cheeseman, who served as Acting Director of the FDA’s Office of Food Additive Safety, and Mr. Simmons, a Senior Policy Analyst who served as Dr. Cheeseman’s senior advisor, are joining Steptoe as a managing director and partner, respectively.  They will be resident in the firm’s Washington, D.C. office.

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Tags:  Steptoe & Johnson PLLC

Salans Acts on Major Russian Private Equity Transaction

Salans has represented the founders of Novomet, one of Russia’s largest electrical submersible pump manufacturers, in the sale of shares to a syndicate of three investors, namely, Baring Vostok Capital Partners, Russia Partners (both leading private equity sponsors investing in the CIS) and RUSNANO (Russian Corporation of Nanotechnologies).

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Tags:  Dentons | Moscow

Herbert Smith Advises EDF Energy on Landmark New Nuclear Application Accepted by the Infrastructure Planning Commission

Herbert Smith has advised longstanding client EDF Energy on its application to the Infrastructure Planning Commission (IPC) for development consent for the construction and operation of a new 3.2GW nuclear power station at Hinkley Point in Somerset. Once fully operational, the power station will provide approximately 6% of the nation’s electricity.

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Tags:  Herbert Smith Freehills LLP

White & Case Closes Faurecia High Yield Bond Issue

Global law firm White & Case LLP has advised joint bookrunning managers BNP Paribas, Crédit Agricole CIB, Natixis and Société Générale Corporate & Investment Banking in connection with French issuer Faurecia’s debut high yield bond offering of €350 million 9.375% Senior Notes due 2016. HSBC and Mitsubishi UFJ Securities acted as co-managers on the transaction.

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Tags:  White & Case LLP