Simpson Thacher Represents First Reserve in Secondary Offering by Cobalt International Energy, Inc.

The Firm recently represented funds affiliated with First Reserve Management, L.P. (“First Reserve”), in connection with a registered public offering of common stock of Cobalt International Energy, Inc. (“Cobalt”). A total of approximately $1.3 billion in net proceeds was raised in the offering. Affiliates of First Reserve received approximately $421.5 million of the gross proceeds from the offering.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Carey R. Troell Joins Bracewell & Giuliani as a Public Finance Partner

Bracewell & Giuliani LLP announced that Carey R. Troell has joined the firm’s San Antonio office as a partner in the public finance practice. Troell focuses on tax-exempt financings and has clients in all aspects of public finance transactions including state and local government finance matters, including traditional municipal finance, tax increment finance, and public improvement districts.

More >>

Tags:  Bracewell LLP

Latham & Watkins Advises Dana Gas on Restructuring of Its US$1 Billion Sukuk

Dana Gas PJSC, the largest independent oil and gas company in the UAE, has successfully completed the restructuring of its US$1 billion Trust Certificates (sukuk al-mudarabah). The restructuring, the first of its kind in the Middle East, was implemented through the exchange of Dana Gas’ existing sukuk certificates with two tranches of new sukuk certificates (one convertible and one non-convertible tranche), each with a 5 year tenor.

More >>

Tags:  Latham & Watkins LLP | Hong Kong

Prominent St. Louis Attorney Doreen Dodson Joins Polsinelli

Doreen D. Dodson, the first woman to serve as president of The Missouri Bar and a national leader in the field of employment and immigration law has joined the St. Louis office of Polsinelli. In her new role, she will serve as a senior partner in the firm’s labor and employment law practice group.

More >>

Tags:  Polsinelli PC

WFW Advises SapuraKencana Petroleum Berhad on the Debt Financing and Equity Placement for US$2.9 Billion Acquisition of Seadrill Tender Rigs Business

Watson, Farley & Williams Asia Practice LLP (“WFW”), a leading international law firm, is pleased to announce that it has advised SapuraKencana Petroleum Berhad (“SapuraKencana”), a major oil & gas services company headquartered in Malaysia, on the debt and equity financing of its acquisition of the entire issued share capital in Seadrill Tender Rig Ltd (“Seadrill”) and certain other related businesses and assets. The acquisition included purchasing 18 tender drilling rigs from Seadrill (6 semi-tenders, 9 tender barges and 3 newbuilds.

More >>

Tags:  Watson Farley & Williams LLP | Singapore

Tom Hildebrand Joins Parker Poe as Partner in Charleston

Parker Poe Adams & Bernstein LLP announces that Thomas C. Hildebrand, Jr. has joined the Firm as a Partner in the Charleston office. He will work in the Commercial and Construction Practice Group, which is part of Parker Poe’s Litigation Department.

More >>