Michael R. Heimbold has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Business Trial and Intellectual Property practice groups, based in the firm’s 60-attorney Century City office. Heimbold joins from Steptoe & Johnson in Century City.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Los Angeles
Kirkland & Ellis LLP represents Landmark Partners, which partnered with Tailwater Capital to complete the secondary purchase of HM Capital’s legacy energy investment portfolio today. Tailwater Capital is a newly formed private equity firm with a $425 million fund focused on oil and gas investments. Tailwater will manage a portfolio that includes BlackBrush Oil & Gas, TexStar Midstream Services and SunTerra Well Services.
Tags: Kirkland & Ellis LLP
Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets, LLC, BNP Paribas, Credit Agricole Corporate and Investment Banking, DNB Markets, Inc. and ING Bank N.V., London Branch as initial purchasers in connection with the Rule 144a/Reg S offering of $350 million of 6.875% senior notes due 2023 by LBC Tank Terminals Holdings Netherlands B.V., a Dutch private company and one of the world’s largest global operators of bulk liquid storage facilities for chemical and oil products. Proceeds from the offering were used to refinance existing debt. The Notes are guaranteed on a senior basis by LBC’s subsidiaries in a multitude of jurisdictions.
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Shanna M. Boughton has joined LeClairRyan as a partner on the firm’s Financial Services Litigation and Regulation Practice Area and Banking Industry teams. She will be resident in the national law firm’s Boston office.
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Frances P. LaFleur joins Drinker Biddle & Reath LLP today as a partner in the firm’s Employee Benefits and Executive Compensation Practice Group. LaFleur is the second partner to join the employee benefits group this month and the third partner to join the firm’s growing Chicago office this year.
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Kasowitz, Benson, Torres & Friedman LLP is pleased to announce that nationally renowned insurance recovery litigators Jerold Oshinsky and Linda Kornfeld are joining the firm’s insurance recovery group as partners and will launch the firm’s Los Angeles office. The move reunites them with Robin Cohen, their partner at a previous firm and the leader of Kasowitz’s award-winning insurance recovery group, and further entrenches the group’s national leadership position.
Tags: Kasowitz Benson Torres LLP | Los Angeles
Simpson Thacher & Bartlett LLP is representing Goldman, Sachs & Co., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC as underwriters in a $600 million public offering by Tesla Motors, Inc. of 1.50% Convertible Senior Notes due 2018, with an option for the underwriters to purchase up to an additional $60 million of notes. Simpson Thacher is representing Goldman, Sachs & Co. as the underwriter in a concurrent public offering of 3,393,793 shares of Tesla common stock, with an option for the underwriter to purchase an additional 509,069 shares of common stock. The gross proceeds from the convertible notes offering, common stock offering and subsequent private placement of common stock are expected to equal approximately $968 million (or approximately $1.075 billion if the underwriters’ fully exercise their options to purchase additional shares of common stock and additional notes). The public offerings are expected to close May 22, 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher is representing a subsidiary of Temasek Holdings (Private) Limited (“Temasek”), in connection with its participation in a consortium led by CITIC Capital Partners to acquire AsiaInfo-Linkage Inc. (“AsiaInfo-Linkage”). AsiaInfo-Linkage has entered into a definitive merger agreement pursuant to which the consortium will acquire AsiaInfo-Linkage for $12.00 in cash per AsiaInfo-Linkage share of common stock. The transaction values AsiaInfo-Linkage at approximately $890 million.
Tags: Simpson Thacher & Bartlett LLP | Hong KongThe Firm represented NXP B.V. and NXP Funding LLC in connection with their offering of $750 million of 3.75% senior unsecured notes due 2018. The proceeds of the offering were used to refinance outstanding indebtedness.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented Nielsen Holdings N.V. (“Nielsen”), a portfolio company of AlpInvest Partners, The Blackstone Group, The Carlyle Group, Centerview Partners, Hellman & Friedman, Kohlberg Kravis Roberts & Co. and Thomas H. Lee Partners (together, the “Sponsors”) in connection with a secondary offering of 40,25,000 shares of Nielsen’s common stock. The offering closed at a public offering price of $35.01 per share, resulting in gross proceeds to the Sponsors of approximately $1.4 billion.
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