Davis Polk advised Cobalt International Energy, Inc. (Cobalt) in connection with an SEC-registered offering of $1.38 billion aggregate principal amount of its 2.625% convertible senior notes due 2019, which included $180 million aggregate principal amount of notes sold pursuant to the underwriters’ fully exercised overallotment option. Morgan Stanley & Co. LLC and Goldman, Sachs & Co. were the underwriters of the offering.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Jefferies & Company, Inc. as manager of the placement agents in connection with the approximately $132 million SEC-registered direct offering of 21,639,774 shares of common stock of Scorpio Tankers Inc. The shares are listed on the New York Stock Exchange under the symbol “STNG.”
Tags: Davis Polk & Wardwell LLP | New York
Herbert Smith Freehills has recently advised Stelux Holdings International Limited (“Stelux”), one of the largest mid-end watch and optical retailers in Asia, on the strategic investment and subscription of convertible bonds in an aggregate principal amount of approximately HK$371 million (US$47.7 million) by Boyu Capital (“Boyu”).
Tags: Herbert Smith Freehills Kramer LLP | Hong Kong
Brian B. Schnell will rejoin Faegre Baker Daniels LLP as a partner in the firm’s Minneapolis office on January 2, 2013, from his current position as chief operating officer and chief legal officer of BrightStar Franchising, LLC.
Tags: Faegre Drinker Biddle & Reath LLP
Bob Calamari has rejoined Nelson Mullins Riley & Scarborough’s Myrtle Beach office as a partner and is continuing his litigation practice.
Tags: Nelson Mullins Riley & Scarborough LLP
Global law firm White & Case LLP has advised a banking syndicate led by Commerzbank, Deutsche Bank and UniCredit Bank on a corporate bond issue by Bilfinger SE. The seven-year bond, with a volume of €500 million and a coupon of 2.375 percent, will be listed on the Luxembourg stock exchange. It was placed successfully in Germany, the Netherlands, Luxembourg and Austria.
Tags: White & Case LLP
Shearman & Sterling is acting as lead counsel to a consortium of 12 of the largest technology companies in the world, organized by Intellectual Ventures and RPX Corporation, in connection with the acquisition and licensing of Eastman Kodak Company’s digital imaging patent portfolio.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling is counsel to the foreign representative of Centrais Elétricas do Pará S.A. (“Celpa”) and Equatorial Energia S.A. (“Equatorial”). Celpa is the sole electricity transmission and distribution company in the state of Pará, Brazil, and Equatorial is a diversified energy company operating in Brazil.
Tags: Shearman & Sterling LLP | New York
Hogan Lovells has advised the underwriters, including Morgan Stanley Asia Limited, Citigroup Global Markets Asia Limited, Standard Chartered Securities (Hong Kong) Limited, BOCOM International Securities Limited, First Shanghai Securities Limited and CCB International Capital Limited, on the Hong Kong IPO and Rule 144A placing of CIFI Holdings (Group) Co., Ltd. (“CIFI“), a PRC real estate developer.
Tags: Hogan Lovells | Hong Kong