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 >>
Tags: Fasken Martineau DuMoulin LLPHerbert Smith Freehills advises on US$1 billion bond offering by Oil India Limited
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.
Tags: Herbert Smith Freehills LLPPaul Hastings Represents Joint Bookrunners in $430 million Refinancing of BRG Sports
Moelis Prices IPO
Skadden is representing Moelis & Company in its $163 million initial public offering, which priced on April 15. More >>
Tags: Skadden, Arps, Slate, Meagher & Flom LLPTravers Smith advises Polypipe Group plc on its £490 million IPO
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.
Tags: Travers SmithMayer Brown represents underwriters on project bond issuance for key energy transmission line in Peru
Axinn Represented Bauer Performance Sports Ltd. in $330 Million Acquisition of Easton Baseball/Softball
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 >>
Tags: Axinn, Veltrop & Harkrider LLPCahill Represents Initial Purchasers in $750 Million Notes Offering by BMC Software
Cahill represented Credit Suisse, RBC Capital Markets, and Barclays as lead joint book-running managers and the other book-running managers in connection with the Rule 144A offering of $750,000,000 aggregate principal amount of 9%/9.75% Senior Contingent Cash Pay Notes due 2019 by Boxer Parent Company Inc., a direct holding company of BMC Software, a leading provider of information technology operations management solutions. Proceeds from the offering were used pay a dividend, and for general corporate purposes. More >>
Tags: Cahill Gordon & Reindel LLPCrown Castle’s $850 Million Registered High-Yield Senior Debt Offering
Davis Polk Advises Ally Financial On Its $2.4 Billion Initial Public Offering
Davis Polk advised Ally Financial Inc. in connection with its $2.4 billion initial public offering of common stock. The U.S. Department of the Treasury (U.S. Treasury), as selling shareholder, sold 95,000,000 shares of common stock of Ally as part of the planned exit of its investment in Ally. The underwriters have the option to purchase up to an additional 14,250,000 shares of common stock from U.S. Treasury to cover over-allotments. If the over-allotment option is exercised in full, the proceeds of the offering to U.S. Treasury will be over $2.7 billion. Ally’s common stock is listed on the New York Stock Exchange under the symbol “ALLY.” The transaction represents the largest initial public offering in the U.S. for 2014 to date.
Tags: Davis Polk & Wardwell LLP