Simpson Thacher Represents Underwriters in $3 Billion Notes Offering by Mondelez International, Inc. (f/k/a Kraft Foods Inc.) and Dealer Managers in Related Tender Offer

Simpson Thacher represented the underwriters, led by Barclays, J.P. Morgan and RBS, in connection with a registered public offering by Mondelez International, Inc. (f/k/a Kraft Foods Inc.) of $400 million of its Floating Rate Notes due 2019, $850 million of its 2.250% Notes due 2019 and $1.75 billion of its 4.000% Notes due 2024, amounting to $3 billion of new notes. The offering closed on January 16, 2014.

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Willkie Advises The Wright Insurance Group in $602.5 Million Sale to Brown & Brown

On January 15, it was announced that Brown & Brown, Inc. has entered into a merger agreement to acquire Willkie client The Wright Insurance Group, LLC for $602.5 million. Wright’s principal owner is Aquiline Capital Partners. The deal is expected to bring to Brown & Brown a substantial presence in the national flood insurance program (NFIP) and a premier service provider for government-sponsored insurance programs and proprietary national and regional programs.

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Milbank Advises on US$1.4B Multi-Currency Cross-Border Financing for Santander Asset Management

International law firm Milbank, Tweed, Hadley & McCloy LLP, acted as counsel to Deutsche Bank, Barclays, Goldman Sachs, J.P. Morgan and Morgan Stanley in connection with their respective senior secured financing commitments and the subsequent definitive bank financing documentation for the acquisition by Warburg Pincus and General Atlantic of a 50 percent stake in a holding company that integrated Santander’s Asset Management businesses.  The remaining 50 percent continues to be owned by Banco Santander.

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O’Melveny Represents Exar in Aquisition by Stretch, Inc.

O’Melveny & Myers LLP represented Exar Corporation, a leading provider of high-performance analog mixed-signal and data management solutions, in its acquisition of Stretch, Inc., which provides software configurable processors supporting the video surveillance market. The transaction closed on January 14, 2014. More >>

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Enel Closes €1.6 billion Hybrid Capital Securities Offering

Global law firm Proskauer represented Italy’s utility company Enel in connection with its offering of hybrid Capital Securities due 2075 in reliance on Regulation S for an aggregate principal amount of €1.6 billion. The offering consisted of a €1 billion tranche, initially bearing interest at the rate of five percent, and a £500 million tranche, initially bearing interest at 6.625 percent.

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Paul Hastings Advises Hatfield Philips International on €268 Million Sale of Residential Real Estate Portfolio

Paul Hastings LLP, a leading global law firm, announced today that it represented Hatfield Philips International Limited on the sale of the so-called Margaux portfolio out of the Titan Europe CMBS-securitization for a purchase price of €268 million. Hatfield Philips International Limited acts as special servicer on the Titan Europe CMBS loan. IN-WEST Partners GmbH managed the purchase and also co-invested alongside the purchasing institutional investors. The portfolio comprises of ca. 8,500 residential units mainly located in Berlin, Dusseldorf, Neuss, Leipzig, Halle und Gotha.

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Haynes and Boone Advises Chief Oil & Gas in $500 Million Marcellus Shale Acquisition

At the end of 2013, Chief Oil & Gas and its working interest partners, Enerplus Resources (USA) and Tug Hill Marcellus, acquired MKR Holdings LLC from a subsidiary of Chesapeake Energy Corporation for about $500 million.

The acquired assets include current monthly production of approximately 130,000 MCFD and approximately 40 operated wells waiting on completion or pipeline connections as well as undeveloped acreage. The acquisition includes leasehold interests in Bradford, Lycoming, Sullivan, Susquehanna and Wyoming Counties in Pennsylvania.

Chief had existing working interests in many of these wells and will be increasing its ownership percentage in these and future wells as a result of the acquisition. Chief currently operates more than 100 wells in the Marcellus Shale and owns approximately 210,000 gross leasehold acres.

Haynes and Boone, LLP represented Chief in the transaction with a deal team led by Dallas corporate Partners Tom Harris and John McGowan. Assisting in the transaction were Dallas corporate Associates Kindal Kreamer and Brandon McCoy along with Dallas energy lawyer Michael Cooper. Tax advice was provided by New York Partner Sam Lichtman.

In-house counsel was Steve Haworth, Chief Oil & Gas senior vice president and general counsel.

www.haynesboone.com

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