Shearman & Sterling represented Barclays Bank PLC, HSBC Bank plc and Morgan Stanley & Co. International plc as joint lead managers and joint bookrunners in connection with an issuance of €1,000,000,000, 3.75% notes due 2026 of Petróleos Mexicanos (“Pemex”) and guaranteed by its wholly owned subsidiaries Pemex-Exploración y Producción, Pemex-Refinación and Pemex-Gas y Petroquímica Básica.

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Hunton & Williams LLP advised Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and Mitsubishi UFJ Securities (USA), Inc., as joint book-running managers on an SEC-registered offering by Appalachian Power Company (“APCo”) of $300 million aggregate principal amount of senior notes due 2044.

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Herbert Smith Freehills has advised State Grid Corporation of China, the world’s largest public utilities company, on its US$3.5 billion Rule 144A/Regulation S senior guaranteed notes issuance in Hong Kong.

The issuer’s notes were offered in three tranches— US$1.25 billion 2.750% guaranteed senior notes due 2019, US$1.6 billion 4.125% guaranteed senior notes due 2024 and US$650 million 4.850% guaranteed senior notes due 2044.

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On April 29, 2014, the U.S. Environmental Protection Agency issued a final greenhouse gas emission permit to FGE Texas LLC for the construction of two natural gas-fired combined-cycle electric generation plants near Westbrook in Mitchell County, Texas. The total investment will be $1.2 billion. More >>

DLA Piper has acted for the Nuevo Metro de Lima consortium on its winning bid for the US $5 billion Lima Metro Line 2 project in Peru. The consortium will be responsible for the design, finance and construction of the Metro, as well as the operation and maintenance of the project.

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Shearman & Sterling advised Eurobank Ergasias S.A., one of the four systemic banks in Greece, on its €2.864 billion capital increase led by Barclays, Deutsche Bank and J.P. Morgan as Joint Global Coordinators.

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Global law firm White & Case LLP has advised a syndicate of banks led by Banco Santander, BNP Paribas, Citigroup, Crédit Agricole Corporate and Investment Bank, Deutsche Bank, HSBC, Morgan Stanley, Natixis and Société Générale Corporate & Investment Banking, acting as global coordinators and joint bookrunners, on PSA Peugeot Citroën’s €3 billion capital increase. More >>

Herbert Smith Freehills has advised on a US$300 million bond offering by India’s largest automobile manufacturer, Tata Motors Ltd. The Mumbai-based company’s latest offering marks its first U.S. dollar denominated bond issuance in the international debt capital markets.

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Cahill represented NBCUniversal in its agreement with the International Olympic Committee that extends the network’s exclusive broadcast rights for the Olympic Games to include the upcoming 2022 to 2032 games, whose sites have yet to be chosen. Announced in Lausanne, Switzerland yesterday, NBC and the International Olympic Committee have agreed upon a deal valued at $7.75 billion, including a $100 million signing bonus to be used for certain Olympic Games promotions between 2015 and 2020. The broadcast rights include all media platforms, including free-to-air television, subscription television, Internet and mobile, and extends NBCUniversal’s streak of having broadcast every Summer Games since 1988 and every Winter Games since 2002.

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The international law firm Clifford Chance advised Parquest Capital, formerly ING Parcom Private Equity, subsidiary of Parcom Capital (ING Group) dedicated to investment in SMEs, on the process of becoming independent and in the creation of a new €300 million fund. More >>