With a total value of EUR 2,8 billion, the largest-ever European Offshore Wind Financing (Project Gemini) reached financial close on 15 May 2014 in the office of Allen & Overy in Amsterdam.
Tags: Allen & Overy LLP
Cahill Represents Initial Purchasers in $625 Million Notes Offering by Kratos
Cahill represented SunTrust Robinson Humphrey as sole book-running manager and the co-managers in connection with the Rule 144A offering of $625,000,000 aggregate principal amount of 7% Senior Secured Notes due 2019 by Kratos Defense & Security Solutions, Inc., a specialized security technology business providing mission critical products, solutions and services for domestic and international customers. Proceeds from the offering were used refinance existing indebtedness. More >>
Tags: Cahill Gordon & Reindel LLP
Cooley Advises Alder Biopharmaceuticals on Initial Public Offering
Cooley LLP announced today that it advised Alder Biopharmaceuticals, Inc. on its $80 million initial public offering. Alder is a Washington-based clinical-stage biopharmaceutical company that discovers, develops and seeks to commercialize therapeutic antibodies with the potential to meaningfully transform current treatment paradigms. Alder is currently developing two lead product candidates: ALD403, an investigational monoclonal antibody for migraine, and Clazakizumab, an investigational monoclonal antibody for rheumatoid arthritis and other autoimmune indications, in collaboration with Bristol-Myers Squibb. The company now trades on the NASDAQ Global Stock Market under the symbol “ALDR.”
Tags: Cooley LLP
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.
Tags: Cravath, Swaine & Moore LLPFlorida 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.
Osborne Clarke assists Carphone Warehouse on £3.6 billion merger with Dixons Retail
Osborne Clarke is assisting long-standing client Carphone Warehouse Group plc (Carphone) with its £3.6 billion recommended all-share merger with Dixons Retail plc.
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White & Case Advises Novacap on Debut High Yield Bond Issue
Global law firm White & Case LLP has advised Novacap International S.A.S. on its debut high yield offering of €310 million senior secured floating rate notes due 2019. More >>
Tags: White & Case LLPOsborne Clarke advises on £170 million Patisserie Valerie IPO
The IPO, which was arranged by Canaccord Genuity, raised approximately £80 million for the company and the selling shareholders, including chairman Luke Johnson. The shares, which have been priced at 170 pence, start conditional dealings today with admission to AIM on 19 May 2014. More >>
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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 >>
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