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.

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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.

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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).

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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.

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Skadden is representing Moelis & Company in its $163 million initial public offering, which priced on April 15. More >>

Corporate Partners Spencer Summerfield and Charles Casassa and Corporate Senior Associates Dan Simons and Dan McNamee have advised Polypipe Group plc (“Polypipe”) on its listing on the main market of the London Stock Exchange on 16 April 2014 and its IPO and global offering to institutional investors, including QIBs in the United States, of shares held by the management team, certain employees and Polypipe’s principal shareholder, Cavendish Square Partners LP.

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Axinn represented Bauer Performance Sports, Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, as U.S. antitrust counsel in its $330 million asset acquisition of the Easton baseball, softball and lacrosse businesses from Easton-Bell Sports.  The Axinn team included partners Stephen Axinn and Nick Gaglio. More >>