University of Missouri refinances $300 million in outstanding bonds

Thompson Coburn served as bond counsel in the University of Missouri’s recent issuance of $295 million in system facilities revenue bonds. According to the Bond Buyer, the university will use about $178 million to advance refund debt from a 2007 issue and use $128 million to pay off commercial paper.

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Morgan Lewis Advises Agile Therapeutics on IPO

Agile Therapeutics, Inc., a women’s health specialty pharmaceutical company focused on the development and commercialization of new prescription contraceptive products, today announced the pricing of its initial public offering of 9,166,667 shares of its common stock at a public offering price of $6.00 per share. Agile Therapeutics has granted the underwriters a 30-day option to purchase up to an aggregate of 1,375,000 additional shares of common stock at the initial public offering price to cover any over-allotments. The shares are expected to begin trading on the NASDAQ Global Market, beginning on May 23, 2014, under the symbol “AGRX.” The offering is expected to close on May 29, 2014, subject to customary closing conditions.

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Tags:  Morgan, Lewis & Bockius LLP

Paul Hastings Advises Banks on the Financing of SI Organization’s Acquisition of QinetiQ North America

Paul Hastings LLP, a leading global law firm, announced today that it represented UBS AG, Stamford Branch and RBC Capital Markets as lead arrangers on the financing for the acquisition by The SI Organization, Inc., a portfolio company of Veritas Capital Fund Management, L.L.C. of QinetiQ North America, Inc., a global provider of defense and security technology solutions. The financing consisted of a $478 million first lien term and revolving credit facilities and a $115 million second lien term facility.
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Tags:  Paul Hastings, LLP | New York

American Realty Capital Properties Prices $1.4 Billion Common Stock Offering

Global law firm Proskauer advised American Realty Capital Properties, Inc. (ARCP) in its public offering of 120,000,000 shares of its common stock at a price of $12.00 per share with an aggregate value of $1.4 billion. ARCP also granted the underwriters a 30-day option to purchase up to 18,000,000 additional shares of common stock.

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Ropes & Gray Represents Metalmark Capital in Sale of Healogics Inc.

Ropes & Gray represented Metalmark Capital LLC in its sale of wound care services provider Healogics Inc. to Clayton, Dubilier & Rice for $910 million. Jacksonville, Fla.-based Healogics is a market leader in wound care, operating nearly one-third of all hospital outpatient wound care centers in the United States. Additional terms of the transaction, which was announced May 21, were not disclosed.
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Shearman & Sterling Represents Underwriters in $4.5 Billion Notes Offering by Amgen

Shearman & Sterling represented a syndicate of 18 underwriters represented by Morgan Stanley, Barclays, Citigroup, Goldman, Sachs & Co. and J.P. Morgan in connection with Amgen’s benchmark offering of $4.5 billion of investment grade notes, consisting of $850 million of 1.250% senior notes due 2017, $1.4 billion of 2.200% senior notes due 2019, $1.4 billion of 3.625% senior notes due 2024, $600 million of senior floating rate notes due 2017, and $250 million of senior floating rate notes due 2019.

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Tags:  Shearman & Sterling LLP

Cobham to Acquire Aeroflex

Skadden is representing U.K.-based defense and aerospace firm Cobham plc in its approximately $1.46 billion acquisition of U.S. wireless communications company Aeroflex Holding Corp., announced May 20.
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Unilever’s $2.15 Billion Sale of Ragu and Bertolli Brands to Mizkan Group

On May 22, 2014, Unilever announced that it has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately US$2.15 billion. Cravath represented Unilever in connection with this transaction, which is subject to regulatory approval and customary closing conditions and is expected to close by the end of June. The transaction includes two production facilities – a sauce processing and packaging facility in Owensboro, Kentucky, and a tomato processing facility in Stockton, California.

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