Shearman & Sterling represented Credit Suisse Securities (Europe) Limited and Barclays Bank PLC, as initial purchasers and joint bookrunners, in connection with the offering of £175 million 7.50% senior secured notes due 2021 issued by Bibby Offshore Services Plc, a wholly owned subsidiary of Bibby Offshore Holdings Limited (“Bibby”). The net proceeds from the issue and sale of the Notes will be used to refinance existing debt obligations of Bibby and its subsidiaries, to pay a dividend, to pay fees and expenses and for general corporate purposes. The Senior Secured Notes will be guaranteed on a senior basis by certain subsidiaries of Bibby Offshore Holdings Limited. The offering, which was conducted pursuant to Regulation S and Rule 144A under the US Securities Act, closed on June 19, 2014. Additionally, Shearman & Sterling’s lawyers advised Barclays Bank PLC as agent in connection with Bibby’s entry into a new £20 million revolving credit facility agreement.

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The Firm recently represented the underwriter, Citigroup Global Markets Inc., in connection with the secondary offering of 1,836,898 shares of class A common stock of Artisan Partners Asset Management, Inc. (“Artisan Partners”) by affiliates of Hellman & Friedman LLC.

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Willkie client The Men’s Wearhouse announced the successful completion of its previously announced acquisition of Jos. A. Bank Clothiers, Inc.  The acquisition was effected through the all-cash tender offer by Men’s Wearhouse’s wholly owned subsidiary, Java Corp., to acquire all of the issued and outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank for $65.00 net per share in cash, or total consideration of $1.8 billion.
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Leading international law firm Clifford Chance has advised Hanhua Financial Holding Co., Ltd. on its HK$1.86 billion (approx. US$ 239 million) listing on on the Main Board of The Stock Exchange of Hong Kong Limited. A total of 1.15 billion shares were sold at HK$1.62 per share. CICC and China Galaxy acted as joint sponsors and bookrunners.

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Chadbourne & Parke represented the AES Corporation (AES), a global power company, in connection with the sale of its entire interest in three businesses in Cameroon to emerging markets investor Actis for US$202 million. The sale was completed on June 12, 2014. The transaction included the sale of a 56 percent equity interest in Société Nationale d’Electricité, Cameroon’s integrated electricity utility, and in two independent power plants: Kribi, a 216 MW gas-fired power plant, and Dibamba, an 86 MW heavy fuel oil-fired plant, in Cameroon.

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Cahill represented Citigroup and Deutsche Bank Securities as joint book-running managers in connection with the secondary public offering by PBF Energy Inc. (NYSE: PBF), valued at $535,500,000. The offering made available 18,000,000 shares of common stock. The selling stockholders received all of the proceeds of the sale.
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An Akin Gump team advised a special committee of independent directors of the board of directors of Midcoast Energy Partners, L.P.’s general partner in the $350 million cash acquisition of a 12.6 percent limited partner interest in Midcoast Operating, L.P. from affiliate Enbridge Energy Partners, L.P.

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The short-term contract will see Virgin Trains run the franchise for the next two years and nine months for a premium of £430 million.

The team – led by Mike O’Connor, Head of Infrastructure, Projects and Energy at Addleshaw Goddard, with support from Andy Sykes, Jacqui Langley-White, Ben Traynor and Andrew Maskill  – advised the DfT on the franchise agreement and rolling stock elements of the deal.

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The Firm is representing First Data Corporation in connection with the receipt by First Data Holdings Inc., the direct parent company of First Data, of commitments to purchase approximately $3.5 billion of its common equity in a private placement. The net proceeds from the private placement will be used to strengthen First Data’s balance sheet through repaying portions of its debt, allowing the company to focus additional capital on accelerating its transformation to a solutions and innovation company that helps First Data clients grow their businesses.

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