International law firm Clifford Chance has advised the owners of Silom Medical Company, Thailand’s largest pharmaceutical company, on its sale to Actavis plc, a leading global specialty pharmaceutical company, for approximately US$100 million in cash. The acquisition propels Actavis into a top position in the Thai generic pharmaceutical market, with leading positions in the ophthalmic and respiratory therapeutic categories and a strong cardiovascular franchise.
Tags: Clifford Chance LLPWhite & Case Advises Wind Acquisition Finance S.A. and Wind Telecomunicazioni S.P.A. on €3.75 Billion Issuance of Dual-Tranche Senior High Yield Bonds
Global law firm White & Case LLP has advised WIND Telecomunicazioni S.p.A., a leading Italian telecoms operator, and its wholly-owned subsidiary Wind Acquisition Finance S.A. (WAF) on a corporate refinancing that includes a new €3.75 billion issuance of dual-tranche senior high yield bonds. More >>
Tags: White & Case LLPSimpson Thacher Represents Seibu Holdings Inc. in $435 Million IPO
The Tokyo office of the Firm recently represented Seibu Holdings Inc. in connection with its initial public offering on the Tokyo Stock Exchange and global offering to institutional investors pursuant to Rule 144A and Regulation S under the Securities Act.
Tags: Simpson Thacher & Bartlett LLP | TokyoShearman & Sterling Represents Irish Residential Properties REIT plc on its €200 Million Initial Public Offering
Shearman & Sterling represented Irish Residential Properties REIT plc (IRES REIT) on its €200 million initial public offering and Irish Stock Exchange listing. The transaction closed on 16 April 2014. Investec Bank plc acted as sponsor to IRES REIT and Investec Bank plc and TD Securities Inc. acted as joint bookrunners for the offering.
Tags: Shearman & Sterling LLPRopes & Gray Represents TPG in $750 Million Debt Investment in Chobani
Norton Rose Fulbright advises on US$310 million financing for Lampung LNG floating storage and regasification unit
Global legal practice Norton Rose Fulbright advised a syndicate of lenders on a limited recourse financing to PT Hoegh LNG Lampung for the purpose of financing the construction of one LNG Floating Storage and Regasification Unit (FSRU) under construction in Korea and the procurement of a tower yoke mooring system.
Tags: Norton Rose FulbrightMilbank Frankfurt Finance Team Advises ProSiebenSat.1 Media AG on EUR 2.6 Billion Bank/Bond Refinancing
Milbank represented ProSiebenSat.1 Media AG on a new comprehensive group financing, comprising a corporate bond of EUR 600 million and a syndicated loan agreement of EUR 2 billion. Both instruments were heavily oversubscribed and the bond size increased from EUR 500 to EUR 600 million due to strong investor demand.
Tags: Milbank LLPNorton Rose Fulbright advises on €200m IPO of Irish Residential Properties REIT plc
Global legal practice, Norton Rose Fulbright has advised Investec Bank plc and TD Securities Inc. as joint bookrunners in relation to the €200 million initial public offering of Irish residential property investment company, Irish Residential Properties REIT plc (IRES REIT), and its admission to trading on the regulated market for listed securities of the Irish Stock Exchange. Investec Bank plc, acting through its Irish Branch, was sponsor.
Tags: Norton Rose FulbrightGide advises VimpelCom on the transfer of 51% of Orascom Telecom Algérie (Djezzy) to the Algerian National Investment Fund
On 18 April 2014 in Paris, Global Telecom Holding (GTH), VimpelCom Ltd’s listed Egyptian subsidiary, signed a USD 2.643 billion contract with Fonds National d’Investissement (FNI), the Algerian National Investment Fund, for the transfer of a 51% share in Orascom Telecom Algérie (OTA), the leading Algerian mobile telephony operator.
Tags: Gide Loyrette NouelSimpson Thacher Represents Underwriters in $554.0 Million Common Stock Offering by Artisan Partners
The Firm represented the underwriters, led by Citigroup Global Markets Inc. and Goldman, Sachs & Co., in connection with the public offering of 9,284,337 shares of class A common stock of Artisan Partners Asset Management, Inc. (“Artisan Partners”), inclusive of the shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, in each case at a price to the underwriters of $59.675 per share, or approximately $554.0 million in the aggregate. The offering closed on March 12, 2014.
Tags: Simpson Thacher & Bartlett LLP