Global law firm White & Case LLP has advised the Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, on its acquisition for around US$770 million of a majority stake in Standard Bank plc (SB plc). More >>
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Milbank, Tweed, Hadley & McCloy LLP has represented international lenders Mizuho Bank, Ltd. and Itaú BBA International plc in providing approximately $150 million in financing for the purchase of an innovative compact semi-submersible multi-service vessel destined for Brazil’s most productive offshore oil and gas location.
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Cahill represented Barclays, Citigroup, Deutsche Bank Securities, and Morgan Stanley as joint book-running managers and the co-managers in connection with the public offering of $750,000,000 aggregate principal amount of 3.5% Senior Guaranteed Notes due 2019 by Ally Financial Inc. Proceeds from the offering were used for general corporate purposes. More >>
Tags: Cahill Gordon & Reindel LLPHunton & Williams LLP advised J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., RBC Capital Markets, LLC and SunTrust Robinson Humphrey, Inc., as joint-booking running managers on an SEC registered offering by National Rural Utilities Cooperative Finance Corporation (“CFC”) of $300 million aggregate principal amount of collateral trust bonds due 2017 and $300 million aggregate principal amount of collateral trust bonds due 2019.
Shearman & Sterling represented Ziggo N.V. on its refinancing, comprising new €3.3 billion term loan facilities and a new €650 million revolving credit facility in connection with the acquisition of the Ziggo Group by Liberty Global.
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Simmons & Simmons renewables team is currently advising Europe’s largest solar asset manager, NextEnergy, on the listing of a newly incorporated Guernsey company, NextEnergy Solar Fund. The Fund will look to raise £150 million ($205 million) through a premium listing on the London Stock Exchange main market early this year.
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The Firm recently represented Deutsche Bank AG, London Branch as initial purchaser in an offering of €120 million of 8.75% senior notes due 2018 issued by Cirsa Funding Luxembourg S.A. and guaranteed by Cirsa Gaming Corporation, S.A. (“Cirsa”) and certain of its subsidiaries.
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On January 27, Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, announced that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4 billion from its current group of investors, which includes Hellman & Friedman LLC and Stone Point Capital LLC. Willkie is representing Sedgwick’s senior management team in the transaction. Based in Memphis, Sedgwick and its affiliated companies deliver cost-effective claims, productivity, managed care, risk consulting and other services to clients through the expertise of its more than 11,000 colleagues in about 200 offices in the U.S. and Canada. KKR is a leading global investment firm with approximately $90.2 billion in assets under management (as of September 30, 2013). More >>
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