Simpson Thacher Represents Seagate Technology in $1 Billion Senior Notes Offering and Related Tender Offers

The Firm represented Seagate Technology plc (“Seagate”) in connection with its Rule 144A and Regulation S offering of $1 billion aggregate principal amount of 4.75% Senior Notes due 2025. The notes were issued by Seagate HDD Cayman, a wholly owned subsidiary of Seagate, and guaranteed by Seagate. Morgan Stanley acted as joint-lead and sole bookrunning manager of the offering.
More >>

Tags:  Simpson Thacher & Bartlett LLP

Sidley Austin LLP advises Dymon Asia Capital on Temasek’s investment in new Dymon Multi-Strategy Platform

Sidley has advised Dymon Asia Capital, on a venture with Temasek which has seen the Singapore investment company become a minority stakeholder in the Singapore-based alternative investment management firm. Under the agreement, Dymon Asia Capital has received a commitment worth US$500 million from Temasek to start a hedge fund multi-strategy platform. Sidley partner Han Ming Ho and associate Joel Seow advised on the investment funds aspects of this deal, whilst partner Greg Salathe advised Dymon on Temasek’s acquisition of the minority interest in Dymon.

More >>

Tags:  Sidley Austin LLP

Cahill Represents Underwriters in $525 Million Public Offering by Suburban Propane

Cahill represented Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, J.P. Morgan, and RBS as joint book-running managers in connection with the public offering of $525,000,000 aggregate principal amount of 5.50% Senior Notes due 2024 by Suburban Propane Partners, L.P. and Suburban Energy Finance Corp. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Cahill also represented Wells Fargo Securities as dealer manager in connection with the tender offer of any and all of Suburban Propane’s outstanding 7.5% Senior Notes due 2018.
More >>

Tags:  Cahill Gordon & Reindel LLP

KKR to Acquire Goodpack Limited for S$1.4 Billion

Simpson Thacher is representing KKR in connection with a proposed acquisition of Goodpack Limited (SGX: Goodpack), a Singapore-based company which is the world’s largest provider of multi-modal, reusable metal box systems known as intermediate bulk containers. Pursuant to the scheme of arrangement entered into between Goodpack and IBC Capital Limited, a company held by a fund affiliated with and advised by KKR, all issued ordinary shares in Goodpack held by the shareholders of Goodpack will be transferred to IBC Capital Limited.  Goodpack’s shareholders will be entitled to S$2.50 per share in cash, a price which values Goodpack at approximately S$1,399 million. 
More >>

Shearman & Sterling Advises Underwriters in Initial Public Offering of Shares of Stabilus S.A. on Frankfurt Stock Exchange

Shearman & Sterling advised Commerzbank, J.P. Morgan, Société Générale and UniCredit Bank AG on the initial public offering of shares by Stabilus S.A. (“Stabilus”) on the Frankfurt Stock Exchange.The placement volume amounted to approximately EUR 227.3 million (around EUR 261.4 million if the greenshoe option is fully exercised).

More >>

Tags:  Shearman & Sterling LLP