Newfield Exploration Company, an independent energy company, has announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash consideration of $898 million. The transaction is expected to close in early 2014.
Tags: Morgan Lewis & Bockius LLP | Houston
Davis Polk advised Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, BNP Paribas Securities Corp. and RBS Securities Inc. as joint book-running managers and representatives of the underwriters on an SEC-registered public debt offering by Bristol-Myers Squibb Company of $500 million principal amount of its 1.750% notes due 2019, $500 million principal amount of its 3.250% notes due 2023 and $500 million principal amount of its 4.500% notes due 2044.
Tags: Davis Polk & Wardwell | New York
Stephen S. Aichele is returning to Saul Ewing after serving for nearly three years as Pennsylvania Governor Tom Corbett’s Chief of Staff and former General Counsel of the Commonwealth.
Tags: Saul Ewing LLP
The Firm represented the underwriters of the initial public offering in Hong Kong and Rule 144A/Regulation S offering by Hydoo International Holding Limited (Hydoo International). Hydoo International offered an aggregate of 768,256,000 shares, which raised approximately HK$1.65 Billion (US$212 Million) in gross proceeds for Hydoo International. Hydoo International is a leading developer and operator of large-scale trade centers comprising commercial complex, exhibition and conference centers, office space, warehouse, logistics facilities and residential building in China, with a focus in third- and fourth-tier, and selected second-tier, cities. It is the second largest developer and operator of large-scale trade centers in terms of number of large-scale trade centers in China. The shares of Hydoo International are listed on the Hong Kong Stock Exchange. UBS and Morgan Stanley acted as joint global coordinators, joint bookrunners, joint lead managers and joint sponsors; and ABCI, CIMB, CMS, ICBCI and BOCOM International acted as joint bookrunners and joint lead managers.
Tags: Simpson Thacher & Bartlett LLP | Hong KongThe Firm recently represented Citigroup Global Markets Inc. as initial purchaser in a US$500 Million offering of 6.6000% Amortizing Notes due 2024 issued by The Dominican Republic. The sovereign debt offering was conducted in reliance on Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New York
Shutts & Bowen is pleased to announce that, effective November 1, 2013, it combined with attorneys from the prominent Sarasota-based law firm of Livingston, Patterson, Strickland & Siegel, P.A. to further strengthen its presence on Florida’s West Coast. Through this combination, Shutts & Bowen establishes a Sarasota office that includes Livingston Patterson co-founder, John Patterson, as well as partner Michael Siegel and associate John Ervin. Livingston Patterson partner John Strickland continues his current matrimonial law practice as the separate law firm of John M. Strickland, P.A.
Tags: Shutts & Bowen LLP