Clifford Chance Advised Lead Manager on KfW Issue of Bonds with a Volume of 1 Billion Renminbi

Clifford Chance advised Hongkong and Shanghai Banking Corporation Limited who acted as lead manager in connection with the issue of bonds with a total volume of 1 billion Renminbi by KfW. The transaction is part of the KfW issue programme and is the first bond issued by KfW in the Chinese currency. The bond bears interest at a rate of 2% p.a. and its maturity is two years.

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Tags:  Clifford Chance LLP | Hong Kong

Davis Polk – Covidien plc $1.25 Billion Senior Notes Offering

Davis Polk advised BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $600 million aggregate principal amount of 1.35% senior notes due 2015 and $650 million aggregate principal amount of 3.2% senior notes due 2022, issued by Covidien International Finance S.A. and guaranteed by Covidien plc and Covidien Ltd.

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Tags:  Davis Polk & Wardwell | New York

Davis Polk – PIMCO Dynamic Income Fund Initial Public Offering

Davis Polk advised Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC as representatives of the several underwriters on the $1.015 billion SEC-registered initial public offering of 40,600,000 shares of common stock of PIMCO Dynamic Income Fund. The shares are listed on the New York Stock Exchange under the symbol “PDI.”

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Tags:  Davis Polk & Wardwell | New York

HFW Strengthens Its Corporate and Regulatory Teams with Hires from Dewey & LeBoeuf

Holman Fenwick Willan (HFW) is delighted to announce the recruitment of ">James Lewis and ">Robert Finney as Partners from the London office of Dewey & LeBoeuf.

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Tags:  Holman Fenwick Willan

Milbank Represents International Lenders in $378 Million Financing of Major Gas Pipeline in Chihuahua, Mexico

In its latest large-scale project finance transaction in Latin America, law firm Milbank, Tweed, Hadley & McCloy has represented a group of international lenders in financing a 237-mile, 36-inch natural gas transmission pipeline being laid in the Mexican state of Chihuahua, with an interconnection point at the US / Mexico border. The debt provided was a US$378 million facility, while total project costs for the pipeline – expected to bring US supplies of natural gas to several Mexican states – are estimated at US$472 million.

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Tags:  Milbank LLP | Mexico City

Paul, Weiss Advises General Atlantic in Marubeni Purchase of Gavilon

As reported today in Bloomberg, The New York Times, The Wall Street Journal and other media outlets, U.S. grain merchant Gavilon Holdings LLC has agreed to be acquired by Marubeni Corporation, one of the largest general trading companies in Japan, for $3.6 billion. Paul, Weiss advised General Atlantic, a private equity sponsor of Gavilon, in the transaction.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York