Simpson Thacher Represents Banks in Offering of $500 Million of Senior Notes by Virgin Media and Related Tender Offer

The Firm represented BofA Merrill Lynch, BNP Paribas, and several other banks as underwriters in connection with a public offering by Virgin Media Finance PLC of $500 million aggregate principal amount of its 5.25% Senior Notes due 2022. The notes are guaranteed by Virgin Media Inc. and certain subsidiaries. Virgin Media used the net proceeds from the offering to fund a tender offer for $500 million aggregate principal amount of 9.50% Senior Notes due 2016. The Firm represented Deutsche Bank and Goldman, Sachs & Co. as dealer-managers for the tender offer.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Cengage Learning in Refinancing Transactions

The Firm recently represented Cengage Learning Acquisitions, Inc. (“Cengage Learning”) in certain refinancing transactions designed to address near-term maturities.  Cengage Learning entered into an amendment with the lenders under its existing senior secured credit facilities which, among other things, extended the maturity of certain of its term loans and revolving credit commitments thereunder.  Cengage Learning also completed a private placement of $725,000,000 aggregate principal amount of Senior Secured Notes due 2020 in reliance on Rule 144A and Regulation S.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Health Reform Sparks Addition of Prominent Attorney to Polsinelli Shughart

Polsinelli Shughart welcomes prominent health care attorney Linas J. Grikis to the firm as shareholder to assist health care providers facing changes in the health care industry. For more than 13 years, Grikis has provided counsel to hospitals, health systems and other health care providers. He is the fourth attorney added to the Chicago office to serve health care clients since January 1, 2012, and joins one of the fastest growing law firms in the country.

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Tags:  Polsinelli PC

Shearman & Sterling Represents Corning in Acquisition of BD Discovery Labware

Shearman & Sterling is advising long-time client Corning Incorporated in connection with its execution of a definitive agreement to acquire a majority of BD’s (Becton, Dickinson and Company) Discovery Labware unit for a purchase price of $730 million, payable in cash. The acquisition is expected to be completed later this year, subject to customary closing conditions, including receipt of regulatory approvals.

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Tags:  Shearman & Sterling LLP | New York

White & Case Advises Chinese Banks on US$1 Billion Financing for Reliance Communications Limited

Global law firm White & Case LLP has advised a consortium of Chinese banks on syndicated secured financing of approximately US$1 billion to Reliance Communications Limited, India’s second largest telecoms operator by subscriber numbers. The funds will be used to refinance outstanding Foreign Currency Convertible Bonds (FCCBs) which the company issued in 2007.

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Tags:  White & Case LLP | Hong Kong

Pamela M. MacDougal Joins Dykema in Grand Rapids

Dykema Gossett PLLC announced today the addition of Pamela M. MacDougal as an associate in the Firm’s Tax Practice Group. MacDougal began her career at LeBoeuf, Lamb, Greene & MacRae LLP in New York City and subsequently joined the tax department at Winston & Strawn LLP in Chicago. Her practice has focused primarily on transactional tax work, providing the legal support and structuring work for mergers and acquisitions, complex securities offerings, tax-exempt bond issues, tax credit transactions, and tax-exempt organizations. MacDougal also has experience working with a private foundation and preservation trust, including the facilitation of cross-border donations. She has served as a volunteer tax attorney for Legal Aid.
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Tags:  Dykema Gossett PLLC | Grand Rapids