Paul Hastings Represents BofA Merrill Lynch, Citigroup, J.P. Morgan and Wells Fargo Securities as Joint Book Runners In Blackstone Mortgage Trust, Inc.’s $257 Million Follow-On Public Offering Of Class A Common Stock

Paul Hastings LLP, a leading global law firm, announced today that the firm represented BofA Merrill Lynch, Citigroup, J.P. Morgan and Wells Fargo Securities as joint book-running managers for Blackstone Mortgage Trust, Inc.’s (NYSE: BXMT) public offering of class A common stock. More >>

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Simpson Thacher Represents Blackstone Mortgage Trust in $256.6 Million Common Stock Offering

The Firm recently represented Blackstone Mortgage Trust, Inc. in connection with its public offering of 9,775,000 shares of class A common stock, inclusive of the shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, in each case at a price to the underwriters of $26.25 per share, or approximately $256.6 million in the aggregate.

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Baker & McKenzie Advises On The Establishment And Global Offering Of THB 58.08bn TRUE Telecommunications Growth Infrastructure Fund.

Baker & McKenzie has advised True Corporation Public Company Limited (True), and its subsidiaries, known collectively as True Group, on the establishment of the True Telecommunications Growth Infrastructure Fund (TRUEGIF). Baker & McKenzie also advised SCB Asset Management Company Limited to facilitate the offering of these units. With 5,808m investment units, the offering is comprised of both domestic and international offerings under Rule 144A and Regulation S.

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Shearman & Sterling Advises Indorama Ventures on Joint Venture Agreement to Build Aromatics Plant in Abu Dhabi

Shearman & Sterling is advising Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB) on its joint venture with Abu Dhabi National Chemicals Company (ChemaWEyaat) to build an Aromatics plant in Abu Dhabi. The joint venture agreement was signed on 26 December 2013, and provides for Indorama Ventures to acquire a 49% interest in a joint venture company being formed to develop, own and operate the Aromatics plant, known as “Tacaamol”.
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Simpson Thacher Represents Hovnanian Enterprises, Inc. in a $150 Million Offering of Senior Notes

Simpson Thacher represented Hovnanian Enterprises, Inc. (NYSE: HOV) and its subsidiaries (the “Company”), one of the nation’s largest homebuilders and a long-standing client of the Firm, in connection with the private placement offering by K. Hovnanian Enterprises, Inc., its wholly owned subsidiary (“K. Hovnanian”), of $150 million of 7.000% Senior Notes due 2019. The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes, including land acquisition and land development, and to fund the redemption of all of K. Hovnanian’s outstanding 6.25% Senior Notes due 2015 and to pay related fees and expenses.

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K. Hovnanian Enterprises, Inc. $150 Million High-Yield Senior Notes Offering

Davis Polk advised Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC as joint book-running managers and the initial purchasers on a Rule 144A and Regulation S offering by K. Hovnanian Enterprises, Inc. of $150 million aggregate principal amount of 7% senior notes due 2019. The notes are guaranteed by Hovnanian Enterprises, Inc. and substantially all of its subsidiaries. A portion of the proceeds of the offering will be used to fund the redemption of K. Hovnanian Enterprises, Inc.’s outstanding 6.25% senior notes due 2015.

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Groupon, Inc. $163 Million Secondary Common Stock Offering

Davis Polk advised Morgan Stanley & Co. LLC as sole underwriter in connection with an SEC-registered secondary offering of 13,825,283 shares of Class A common stock of Groupon, Inc. by LivingSocial, Inc. Groupon’s Class A common stock is listed on the NASDAQ Global Select Market under the symbol “GRPN.”

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