Davis Polk advised Aetna Inc., as borrower, in connection with a new $1.5 billion senior five-year revolving credit facility. The facility may be used for general corporate purposes. JPMorgan Chase Bank, N.A. was the administrative agent and J.P. Morgan Securities Inc., Citigroup Global Markets Inc., and Merrill Lynch, Fenner and Smith Incorporated were the joint lead arrangers and joint bookrunners.
Tags: Davis Polk & Wardwell | New York Monthly Archives: March 2012
Dewey & LeBoeuf Represents Los Angeles Dodgers on US$2 Billion Acquisition by Magic Johnson and Partners
Dewey & LeBoeuf is representing the Los Angeles Dodgers, one of baseball’s best known teams, on its pending US$2 billion acquisition by a consortium comprising basketball star Earvin ‘Magic’ Johnson, baseball executive Stan Kasten, movie executive Peter Guber and financial services firm Guggenheim Partners.
Tags: Los Angeles Shearman & Sterling Advises Mubadala on $2 Billion Investment in Eike Batista’s EBX Group
Shearman & Sterling is representing Mubadala Development Company, the Abu Dhabi-based strategic investment and development company, in its $2 billion investment in EBX Group of Brazil as part of a new strategic partnership.
Tags: Shearman & Sterling LLP | New York McDermott Welcomes Top IP Litigator and Team to Silicon Valley Office
International law firm McDermott Will & Emery LLP today announced the appointment of one of the most highly-regarded Intellectual Property litigators, Fabio Marino, as a partner in its fast-expanding Silicon Valley office. As part of this move, Mr. Marino is bringing three additional lawyers with him to McDermott.
Tags: McDermott, Will & Emery | Silicon Valley King & Wood Mallesons acts on Beach Energy’s $345m Capital Raising
King & Wood Mallesons has acted on an interesting new combined capital raising – Beach Energy’s $345 million non- renounceable entitlement offer and issue of convertible notes.
Tags: King & Wood Mallesons Bobby Turnage, Veteran Internet Commerce Attorney and Former General Counsel of Network Solutions, Joins Venable as Partner
Venable significantly bolsters its Internet business, cybersecurity and data security practices with the addition of Bobby N. Turnage, Jr., former senior vice president and general counsel of online services provider, Network Solutions LLC, who joined the firm as a partner in its Washington, DC and Tysons Corner, VA offices.
Tags: Venable LLP Simpson Thacher Represents AXIS Capital Holdings Limited in $400 Million Offering of Preferred Stock and in Equity Tender Offer
The Firm represented AXIS Capital Holdings Limited in connection with a registered offering of 16,000,000 shares of 6.875% Series C Preferred Shares at a liquidation preference of $25 per share, representing $400,000,000 in aggregate liquidation preference, and a tender offer to purchase for cash any and all of its outstanding 7.50% Series B Preferred Shares. AXIS intends to use the net proceeds from the offering to finance the tender offer and any remaining net proceeds for general corporate purposes, including to redeem in part its outstanding Series A Preferred Shares.
Tags: Simpson Thacher & Bartlett LLP | New York Prominent Chicago Real Estate Attorneys Join Polsinelli Shughart
Polsinelli Shughart continues its growth with the addition of real estate attorneys Ronald R. Dietrich and Eric G. Greenfield as shareholders. Both are highly recognized and experienced in sophisticated real estate matters. Dietrich focuses on real estate finance, while Greenfield concentrates on real estate development transactions. They bring highly developed legal skills to the firm and handle a broad base of transactions, domestically and cross-border.
Tags: Polsinelli PC Freshfields Advises CDB Capital on Takeover of New Capital
International law firm Freshfields Bruckhaus Deringer has advised China Development Bank Capital Corporation Ltd (“CDB Capital”) on its HK$768m public takeover of New Capital International Investment Limited (“New Capital”) , an investment company listed on Hong Kong Stock Exchange, pursuant to Chapter 21 of the Listing Rules.
Tags: Freshfields Bruckhaus Deringer LLP | Beijing Clifford Chance Advises Mannai Corporation QSC and EFG Hermes on Their Recommended US$445 Million Cash Bid
Clifford Chance is advising a Consortium comprising Mannai Corporation QSC and EFG Hermes on its US$445 million recommended cash bid for Damas International Limited, the leading Middle East jewellery and watch retailer.
Tags: Clifford Chance LLP | Dubai