Axinn is representing Bauer Performance Sports, Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, as U.S. antitrust counsel in its $330 million asset acquisition of the Easton baseball, softball and lacrosse businesses from Easton-Bell Sports. More >>
Tags: Axinn, Veltrop & Harkrider LLPClifford Chance Advises on Greentown’s US$500 Million Perpetual Capital Securities
Leading international law firm Clifford Chance has advised the joint lead managers and bookrunners on the issue of US$500 million subordinated perpetual capital securities callable 2019 by Moon Wise Global Limited, a wholly-owned subsidiary of Greentown China Holdings Limited, a leading property developer in China. The joint lead managers and joint bookrunners were BNP Paribas, Hong Kong Branch, Deutsche Bank AG, Singapore Branch, Goldman Sachs (Asia) L.L.C., The Hongkong and Shanghai Banking Corporation Limited, Macquarie Capital Securities Limited, Standard Chartered Bank and UBS AG, Hong Kong Branch. The subordinated perpetual capital securities are listed on The Stock Exchange of Hong Kong Limited.
Tags: Clifford Chance LLPPaul Hastings Advises Lenders in Financing Apollo’s Acquisition of Chuck E. Cheese’s Operator
Paul Hastings LLP, a leading global law firm, represented Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley Senior Funding, Inc. and UBS Securities LLC as joint lead arrangers in the financing for the US$1.3 billion acquisition by Apollo Global Management of CEC Entertainment, Inc., which operates 577 Chuck E. Cheese’s restaurants. More >>
Tags: Paul Hastings, LLPCooley Advises Revance on its Initial Public Offering
Cooley LLP announced today that it advised Revance Therapeutics, Inc. on its $110 million IPO. Revance is a specialty biopharmaceutical company developing botulinum toxin products for use in aesthetic and therapeutic indications. It now trades on the NASDAQ Global Stock Market under the symbol “RVNC.”
Tags: Cooley LLPPaul Hastings Advises Atlas Resource Partners, L.P. in Acquisition of Natural Gas Reserves in West Virginia and Virginia
Paul Hastings LLP, a leading global law firm, represented Atlas Resource Partners, L.P., an exploration & production master limited partnership, in a definitive agreement to acquire approximately 70 Bcfe of natural gas proved reserves in West Virginia and Virginia from GeoMet, Inc. (OTCQB: GMET) and certain of its subsidiaries (collectively, “GeoMet”) for $107 million, with an effective date of January 1, 2014. More >>
Tags: Paul Hastings, LLPSimpson Thacher Represents Underwriters in KfW Debt Offerings Totaling $59 Billion (equivalent)
The Firm represented underwriters in 18 public offerings of debt securities by KfW in 2013:
· $4,000,000,000 of 0.625% Global Notes due 2016 (which closed in October 2013);
· €5,000,000,000 of 1.125% Global Bonds due 2018 (which closed in October 2013);
Tags: Simpson Thacher & Bartlett LLPSkadden Represents Time Warner Board of Directors
Skadden is representing the board of directors of Time Warner Cable in its $45.2 billion merger with Comcast Corporation, announced on February 13. More >>
Tags: Skadden, Arps, Slate, Meagher & Flom LLPSimpson Thacher Represents JPMorgan, Financial Advisor to Comcast, in Time Warner Cable’s Merger with Comcast
The Firm is representing J.P. Morgan Securities LLC in its role as financial advisor to Comcast Corporation (Nasdaq: CMCSA, CMCSK) in connection with Time Warner Cable Inc.’s (NYSE: TWC) definitive agreement to merge with Comcast for a total enterprise value, based on yesterday’s stock closing price, of approximately $67 billion, including the assumption of Time Warner Cable’s net debt. The agreement is a stock-for-stock transaction in which Comcast will acquire all of Time Warner Cable’s shares for shares of CMCSA. The companies announced that the merger agreement is subject to shareholder approval at both companies and regulatory review and other customary conditions and is expected to close by the end of 2014.
Tags: Simpson Thacher & Bartlett LLPAmerican Realty Capital Properties Closes $2.55 Billion Offering of Senior Unsecured Notes of ARC Properties Operating Partnership and Clark Acquisition
Global law firm Proskauer advised American Realty Capital Properties, Inc. (ARCP) and its wholly owned subsidiary, Clark Acquisition, LLC, in connection with a private offering of $2.55 billion aggregate principal amount of senior unsecured notes consisting of $1.3 billion aggregate principal amount of 2.000% senior notes due 2017, $750.0 million aggregate principal amount of 3.000% senior notes due 2019 and $500.0 million aggregate principal amount of 4.600% senior notes due 2024. We have been advised that this offering constituted the second largest REIT capital markets transaction of any type ever consummated.
Clifford Chance Advises Banks on a EUR 500 Million Bond Issue of O2 Telefónica Deutschland
Clifford Chance has advised UBS, UniCredit and HSBC acting as joint lead managers in connection with the issue of a EUR 500 million bond of O2 Telefónica Deutschland Finanzierungs GmbH. The bonds are guaranteed by Telefónica Deutschland Holding AG.
Tags: Clifford Chance LLP