Nabarro has advised longstanding client Hermes Real Estate on a joint venture with The Co-operative Group to deliver the UK’s biggest regional redevelopment project, the £800 million NOMA scheme in Manchester City Centre.

The Co-operative and Hermes Real Estate have exchanged contracts to become 50/50 partners on the development of the 20 acre mixed use scheme. Completion of the deal is expected in mid-May.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC, as sole lead arranger and bookrunner, and Wells Fargo Bank, N.A., as the administrative agent, in connection with a $1,500,000,000 senior secured amended and restated credit agreement for Legacy Reserves LP. More >>

Simpson Thacher recently represented the initial purchasers, led by Goldman, Sachs & Co., Barclays Bank PLC, SMBC Nikko Securities America, Inc. and Citigroup Global Markets Inc., in an offering by Sumitomo Mitsui Financial Group, Inc. of $1.75 billion aggregate principal amount of its subordinated bonds due 2024. The offering was conducted pursuant to Rule 144A and Regulation S under the Securities Act. The subordinated bonds are Basel III Tier 2 compliant and are listed on the Singapore Stock Exchange.

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The Firm recently represented Blackstone Mortgage Trust, Inc. in connection with its public offering of 9,200,000 shares of class A common stock, 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 $27.72 per share, or approximately $255.0 million in the aggregate.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup as sole book-running manager for Sun Communities, Inc.’s (NYSE: SUI) follow-on public offering of common stock. More >>

Perkins Coie advised the government of India on the creation and initial public offering of its first central public sector enterprise (CPSE) exchange traded fund (ETF) on the National Stock Exchange.  The ETF raised more than Rs 3000 crore (approximately US$501 million) in its initial public offering. The ETF will purchase and hold stakes in 10 selected central public sector companies (PSCs) through a mutual fund format.

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Shearman & Sterling advised IntercontinentalExchange Group Inc. (“ICE”) in connection with a $3 billion five-year multicurrency revolving credit facility that refinances ICE’s existing five-year and 364-day facilities arranged by Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Bank of China, New York Branch, BMO Capital Markets Corp., BBVA Compass Bank, Fifth Third Bank, Regions Bank N.A. and Suntrust Robinson Humphrey, Inc.

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Simpson Thacher recently represented Blackstone Holdings Finance Co. L.L.C., an indirect finance subsidiary of The Blackstone Group L.P., in its issuance and sale of $500,000,000 aggregate principal amount of 5.000% Senior Notes due 2044. The notes are guaranteed by The Blackstone Group L.P., Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. The company intends to use the net proceeds for general corporate purposes.

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Shearman & Sterling is advising Sun Pharmaceutical Industries Ltd. on its acquisition of Ranbaxy Laboratories Ltd. in a transaction valued at $4 billion. The closing of the transaction will be subject to customary closing conditions, including approval by the Indian Central Government, approval by the High Courts of Gujarat and Punjab and Haryana, approval by the Competition Commission of India and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act in the United States. Pending approvals, Sun Pharma anticipates that the transaction will close by the end of calendar year 2014.

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