Simpson Thacher Represents Underwriters in $575 Million Initial Public Offering of Nuveen Preferred and Income Term Fund

Simpson Thacher represented the underwriters, led by Wells Fargo Securities, LLC, UBS Securities LLC and Nuveen Securities, LLC, in connection with the initial public offering of Nuveen Preferred and Income Term Fund (the “Fund”). The offering raised approximately $575 million, assuming full exercise of the underwriters’ option to purchase additional shares.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Orrick Advises OCI Solar on $1 Billion Solar Installation Deal with CPS Energy

Orrick, Herrington & Sutcliffe LLP has represented OCI Solar Power LLC, a subsidiary of South Korean chemical producer OCI Co. Ltd, in negotiating what will become the largest municipal solar installation in the United States with CPS Energy, San Antonio’s municipal utility. The transaction involved a complex mix of economic development requirements and incentives and development of renewable energy projects.

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Tags:  Orrick, Herrington & Sutcliffe, LLP | Hong Kong