Davis Polk advised Temasek in connection with its affiliate’s investment in Series B preferred shares of TutorGroup Holding. Affiliates of Alibaba Group, the China-based e-commerce company, and Qiming Venture Partners, a China-based venture capital fund, also participated in this round of financing. The aggregate investment size for this Series B round was close to $100 million. More >>
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Shearman & Sterling represented Oesterreichische Kontrollbank (“OeKB”) in connection with OeKB’s public offering of $1.25 billion of its 1.625% Guaranteed Global Notes due 2019. The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.
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The Firm represented JLL Partners, Inc. and its 56%-owned portfolio company, Patheon Inc., in the financing transactions for JLL Partners’ take-private acquisition of Patheon and Patheon’s related combination with the Pharmaceutical Products business of Koninklijke DSM N.V., known as Royal DSM. As a result of the transactions, which closed on March 11, 2014, the combined business is held by JLL/Delta Dutch Newco B.V. (the “Company”), which is 51% owned by JLL Partners and 49% owned by Royal DSM.
Tags: Simpson Thacher & Bartlett LLP
Akin Gump today announced the addition of Michael J. Byrd as a partner in the firm’s energy practice in Houston. Mr. Byrd is an experienced and recognized attorney in the oil and gas industry, whose practice emphasizes upstream M&A transactions. He comes to Akin Gump from Baker & McKenzie, where he served as chair of that firm’s North America oil and gas practice group.
Tags: Akin Gump Strauss Hauer & Feld LLP | Houston
Paul Hastings LLP, a leading global law firm, announced today that John Cobb has joined the firm’s Leveraged Finance practice as a partner in the New York office. Mr. Cobb joins from Weil, where he was a partner with the Capital Markets and Banking & Finance practices.
Tags: Paul Hastings, LLP | New YorkPaul Hastings LLP, a leading global law firm, announced today that Andrew Tenzer has joined the firm’s Restructuring practice as a partner in the New York office. Mr. Tenzer joins from Shearman & Sterling, where he was a partner.
Tags: Paul Hastings, LLP | New YorkSimpson Thacher recently represented HCA Inc. in its high yield offering of $1.5 billion aggregate principal amount of 3.75% Senior Secured Notes due 2019 and $2.0 billion aggregate principal amount of 5.00% Senior Secured Notes due 2024. HCA intends to use the net proceeds for the repayment and redemption of certain series of its existing secured and unsecured notes and for general corporate purposes.
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