Bracewell & Giuliani LLP represented BOH Holdings, Inc. and its subsidiary, Bank of Houston, in an agreement to sell its operations to Independent Bank Group, Inc., the holding company for Independent Bank, for $243 million. The merger consideration consisted of $34 million in cash and 3,636,060 shares of Independent Bank Group common stock.

More >>

Paul, Weiss client Yamana Gold Inc. announced that Yamana and Agnico Eagle Mines Limited had entered into an agreement with Osisko Mining Corporation pursuant to which Yamana and Agnico Eagle will jointly acquire 100 percent of the outstanding common shares of Osisko for Cdn$3.9 billion in cash and shares. As part of the transaction, Osisko will spin off shares of a new company, New Osisko, to its existing shareholders. New Osisko’s assets will consist of Cdn$155 million in cash, a 5 percent net smelter royalty on Osisko’s Canadian Malartic mine, a 2 percent NSR on Osisko’s Kirkland Lake assets and certain of Osisko’s exploration assets and investments. Under the terms of the agreement, each Osisko common share will be exchanged for Cdn$2.09 in cash, 0.26471 of a Yamana common share, 0.07264 of an Agnico Eagle common share and one New Osisko common share having a combined value of Cdn$8.15, which represents a premium of approximately 11 percent to Goldcorp’s most recent unsolicited offer.

More >>

Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Arnold Peinado, Transportation & Space partner Hugh Robertson and Global Securities special counsel Kevin MacLeod, acted as New York counsel to J.P. Morgan, Citigroup, Credit Suisse and Morgan Stanley, as initial purchasers, in connection with the offering of 7.750% Senior Notes due 2021 by Air Canada.

More >>

Global law firm White & Case LLP has advised Shenzhen Hepalink Pharmaceutical Co. Ltd, a Chinese pharmaceutical company formed in 1998 and listed on the Shenzhen Stock Exchange in May 2010, and its US subsidiary Hepalink USA Inc. on the US$337.5 million acquisition of Scientific Protein Laboratories, LLC, a leading global, independent manufacturer and supplier of active pharmaceutical ingredients (APIs). More >>

Shearman & Sterling advised Wells Fargo Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Barclays Capital Inc., as initial purchasers, in connection with FTS International Inc.’s private placement, pursuant to Rule 144A and Regulation S, of $500 million aggregate principal amount of 6.250% Senior Secured Notes due 2022. Concurrently, Shearman & Sterling advised Wells Fargo Bank, National Association, as administrative agent, in connection with a $550 million secured term loan B credit facility and a $200 million asset-based revolving credit facility for FTS International, Inc. and its subsidiaries.

More >>

Cravath represented GHD Bondco PLC in connection with its £165 million 144A/Reg. S high‑yield senior secured debt offering, guaranteed by Lion/Gloria HoldCo Limited and certain of its subsidiaries. GHD Bondco is a leading premium hair‑styling appliance brand in the salon channel in the United Kingdom, Australia, Spain and Italy. GHD Bondco is a portfolio company of private equity sponsor Lion Capital LLP. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on April 16, 2014.

More >>

Davis Polk advised BBVA Securities Inc. and J.P. Morgan Securities LLC as joint book-running managers on an SEC-registered offering of $400 million aggregate principal amount of 4.25% notes due 2024 by Empresa Nacional de Electricidad S.A. (Endesa Chile).

More >>

Fasken Martineau, a leading international business law and litigation firm, announced today that it advised Lumenpulse in the successful completion of a $100 million initial public offering of common shares and listing on the TSX. More >>

Herbert Smith Freehills is pleased to announce that it has advised on a US$1 billion dual-tranche note offering by state-run Oil India Limited. The deal is the largest ever bond issue from an Indian public sector enterprise and also the largest ever Reg S-only issuance by an Indian company.

The firm’s team on the transaction, led by Singapore partner Philip Lee, acted for Citi, Deutsche Bank, HSBC, the Royal Bank of Scotland (RBS) and Standard Chartered Bank as joint lead managers.

More >>

More >>