JPMorgan Chase’s Registered Debt Offering

Cravath represented the underwriter, J.P. Morgan Securities, in connection with the US$2 billion registered debt offering of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on May 13, 2014.

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Tags:  Cravath, Swaine & Moore LLP

Florida Power & Light Company $500 million first mortgage bonds offering

Hunton & Williams LLP advised BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc., Scotia Capital (USA) Inc. and U.S. Bancorp Investments, Inc., as joint book-running managers in an offering of $500 million aggregate principal amount of first mortgage bonds due 2024 by Florida Power & Light Company (“FPL”). The transaction priced at one of the lowest spreads for a ten year security since 2010.

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Paul Hastings Represents Joint Bookrunners in AerCap’s $2.6 Billion Notes Offering

Paul Hastings LLP, a leading global law firm, announced today that the firm acted as counsel to joint bookrunners UBS Investment Bank, Citigroup, Barclays, BofA Merrill Lynch, Credit Agricole CIB, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, RBC Capital Markets and RBS in connection with the issuance of $2.6 billion of senior notes by AerCap Ireland Capital Limited and  AerCap Global Aviation Trust to finance the $5.4 billion acquisition of International Lease Finance Corporation by AerCap Holdings N.V., a leading aircraft leasing company, from American International Group. More >>

Tags:  Paul Hastings, LLP | New York

Ropes & Gray Represents Kohlberg-Backed Pittsburgh Glass Works in Sale of Insurance Division to Solera

Ropes & Gray represented Pittsburgh Glass Works LLC, a Kohlberg-backed company, in the planned sale of its insurance and services division for $280 million to Solera Holdings Inc. The deal was announced May 12 and is expected to close by June 30. The insurance and services division of Pittsburgh Glass Works provides auto glass claims management services and software and electronic connectivity solutions for insurance companies, parts suppliers and retail installers. More >>

Tags:  Ropes & Gray LLP

Cahill Represents Initial Purchasers in $400 Million Notes Offering by LifePoint Hospitals

Cahill represented the joint book-running managers and co-managers in connection with the Rule 144A offering of $400,000,000 aggregate principal amount of 5.5% Senior Notes due 2021 by LifePoint Hospitals, Inc., a leading hospital company dedicated to providing quality healthcare services close to home. Proceeds from the offering were used to refinance existing indebtedness.
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Tags:  Cahill Gordon & Reindel LLP

Paul Hastings Represents Underwriters in SEC Registered $1 Billion 30 Year Bond Offering for Televisa

Paul Hastings LLP, a leading global law firm, announced today that the firm acted as counsel to the underwriters Credit Suisse, Deutsche Bank and HSBC Securities in the SEC registered offering of $1 billion of 5% 30 year bonds by Televisa.  Televisa is the largest Spanish language media company in the world and provides most of the programming for the U.S. television network Univision.  The offering was heard to be more than seven times oversubscribed, driven mostly by demand from U.S. investors.

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Tags:  Paul Hastings, LLP