Videotron Completes $600 Million High Yield Offering

Paul, Weiss represented Bank of America Merrill Lynch and the other initial purchasers in connection with Videotron Ltd.’s high yield offering of $600 million aggregate principal amount of 5.375% senior notes due 2024 in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S. Videotron is a leading Canadian telecommunications company engaged primarily in cable broadcasting and pay-television services, internet access, and cable and mobile telephone services. Paul, Weiss also represented Bank of America Merrill Lynch and Citigroup as dealer managers, in connection with the concurrent tender offer by Quebecor Media Inc., Videotron’s parent, for any and all of its outstanding 7.75% senior notes due 2016.

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Shearman & Sterling Advises on BBVA Bancomer’s $750 Million Notes Offering

Shearman & Sterling represented Banco Bilbao Vizcaya Argentaria, S.A., Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. as joint bookrunners, in connection with the 144A/Regulation S offering of $750,000,000 aggregate principal amount of 4.375% Fixed Rate Senior Notes Due 2024 by BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, acting through its Texas Agency.

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Cahill Represents Underwriters in $2.375 Billion IPO by Ally Financial

Cahill represented the lead underwriters in connection with the Initial Public Offering of 95,000,000 shares of common stock of Ally Financial, Inc. (NYSE: ALLY), the former financing arm of General Motors. The deal, which generated gross proceeds of $2.375 billion, is the largest U.S.-listed IPO completed in 2014, to date. The common stock will be made available through a sale by The U.S. Treasury Department, reducing the government’s stake from 37% to 17%. More >>

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Cooley Advises FORMA on $600 Million Collaboration with Celgene

Cooley LLP announced today that it advised Massachusetts-based FORMA Therapeutics Holdings, LLC on its second collaboration and option agreement with Celgene Corp. FORMA is an innovative research and development organization in pursuit of ground-breaking medicines in oncology and other therapeutic areas. Celgene is a leader in addressing high unmet medical needs.

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Linklaters advised Darby Private Equity on US$385m acquisition in Ocensa, Colombia’s largest oil pipeline

Linklaters advised Darby Private Equity, the private equity arm of Franklin Templeton Investments, via its Colombian-based Fondo de Infraestructura de Transporte de Colombia (FINTRA), together with two co-investors, in the acquisition of a 5% stake in Oleoducto Central S.A. (OCENSA) and a 5% stake of the pipeline’s transportation rights from Pacific Rubiales Energy Corp. The transaction is valued at US$385m and closed on April 1, 2014. Ocensa is Colombia’s longest oil pipeline and runs 836 km from the Los Llanos Basin to the port of Coveñas located in Colombia’s northern coast.

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Shearman & Sterling Advises Underwriters in The Huntington National Bank’s $500 Million Notes Offering

Shearman & Sterling represented Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC and The Huntington Investment Company as the joint-book running managers in connection with the 3(a)(2) offering by The Huntington National Bank of $500 million aggregate principal amount of its 2.20% Senior Notes due 2019. The proceeds from the offering will be used for general corporate purposes.

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Simpson Thacher Represents Stonegate Pub Company on its £400 Million Senior Secured Notes Offering and Revolving Credit Facility

Simpson Thacher represented a finance subsidiary of Stonegate Pub Company in connection with a Rule 144A and Regulation S offering of £400 million in aggregate principal amount of its Senior Secured Notes due 2019. Additionally Simpson Thacher represented a subsidiary of Stonegate Pub Company in connection with its entry into a new £25 million Revolving Credit Facility. The transaction closed on April 11, 2014. Stonegate Pub Company used the net proceeds from this offering to refinance certain of its outstanding indebtedness, make a distribution to its shareholders and for general corporate purposes.

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Tags:  Simpson Thacher & Bartlett LLP