Herbert Smith Advises on the Establishment of US$1.5 Billion Euro Medium Term Note Programme by Indonesia Eximbank and the First Issue of US$500 Million 3.75% Notes Issued under the Programme

Herbert Smith has recently advised The Hongkong and Shanghai Banking Corporation Limited, Mitsubishi UFJ Securities International plc and Standard Chartered Bank (together the “Joint Lead Managers”) on the establishment of a US$1.5 billion euro medium term note programme (the “Programme”) and the first issue of US$500 million 3.75% notes due 2017 issued under such Programme.

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Tags:  Herbert Smith Freehills LLP | Singapore

Henry J. Ricardo Joins Patterson Belknap as a Partner

The firm is pleased to announce that Henry J. Ricardo has become a partner effective May 10, 2012. Focused on financial services litigation, Mr. Ricardo has represented a broad range of entities, including a financial guaranty insurer, international banks, venture capital funds, securities brokers and financial advisors. He has been active in a number of high-profile matters that arose out of the recent economic crisis.

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Tags:  Patterson Belknap Webb & Tyler LLP | New York

Willkie Advises Selling Shareholders in $588 Million Secondary Offering of Ulta Beauty Common Stock

On May 9, Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta Beauty), the nation’s largest beauty products and services retailer, announced it has priced an underwritten public offering of seven million shares of its common stock held by certain entities associated with Mousse Partners, at a price to the public of $84.00 per share, in a deal valued at $588 million. Willkie represented the selling stockholders, Doublemousse B.V. and Moussetrap. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares from one of the selling stockholders.

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Tags:  Willkie Farr & Gallagher LLP | New York

Clifford Chance Advises Ciments Français on Investment in Hong Kong Listed West China Cement

Leading international law firm Clifford Chance advised Ciments Français on the sale of its 100% stake in Shaanxi Fuping Cement Company Limited (Fuping Cement) to a subsidiary of West China Cement Limited (WCC) for RMB504 million (approximately US$80 million) and its simultaneous investment in WCC, which is listed on the Hong Kong Stock Exchange.

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Tags:  Clifford Chance LLP | Hong Kong