The Firm represented the underwriters, led by Barclays, Citigroup, Credit Suisse, HSBC and J.P. Morgan as joint book-running managers, in connection with an offering by Philip Morris International Inc. of $750 million of 1.875% Notes due 2019, $500 million of 3.600% Notes due 2023 and $750 million of 4.875% Notes due 2043. The notes were sold in a public offering and will be listed for trading on the New York Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | New York
Baker & McKenzie is acting for K&S Corporation Limited (ASX: KSC) in relation to its proposed merger with Scott Corporation Limited (ASX: SCC) by way of recommended off-market takeover offer.
Tags: Baker McKenzie
Shearman & Sterling has advised ICE (IntercontinentalExchange, Inc.) on the European aspects of the approximately US$11 billion acquisition of NYSE Euronext. The transaction combines two leading exchange groups to create a premier global exchange operator diversified across both cash and derivatives markets. The deal is notable because of the complexities of the unique, multi-headed regulatory and governance structure of the NYSE Euronext group in Europe.
Tags: Shearman & Sterling LLPShearman & Sterling represented Banco Nacional de Costa Rica, the largest bank in Costa Rica, in connection with its 144A/Regulation S offering of $500,000,000 aggregate principal amount of its 4.875% Senior Notes due 2018 and $500,000,000 aggregate principal amount of its 6.250% Senior Notes due 2023. This is Banco Nacional de Costa Rica’s first issuance of securities in the international capital markets.
Tags: Shearman & Sterling LLP | New York
Paul Hastings LLP, a leading global law firm, announced today that it represented Fresnillo plc, the world’s largest silver miner and one of the world’s largest precious metals miners, in connection with its inaugural international issuance of debt securities. Fresnillo is a U.K. organized, FTSE 100 company, with operations primarily in Mexico. The five times oversubscribed offering involved the issuance of US$800 million of 5.500% Senior Notes due 2023 pursuant to Rule 144A and Regulation S. The underwriters involved were Citigroup, Deutsche Bank and J.P. Morgan.
Tags: Paul Hastings, LLP | New York
Bird & Bird today announced that it has opened an office in Dubai and that it is transferring corporate partner Anders Nilsson from its Stockholm office to its UAE-based team.
Tags: Bird & Bird LLP | Dubai
Kramer Levin Naftalis & Frankel LLP announced today that prominent trial lawyer John P. “Sean” Coffey will join the firm on December 1, 2013 as a partner in New York, where he will serve as the firm’s chair of complex litigation.
Tags: Kramer Levin Naftalis & Frankel LLP | New YorkSimpson Thacher represented Boyaa Interactive International Limited in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 184,390,000 ordinary shares (prior to the exercise of the over-allotment opinion), which raised approximately HK$986.5 million (approximately US$127.3 million) in gross proceeds. Boyaa Interactive International Limited is an online card and board game developer and operator with a leading mobile game business in its largest target markets, namely, China, Hong Kong, Taiwan and Thailand. The shares of Boyaa Interactive International Limited are listed and traded on the Hong Kong Stock Exchange. Credit Suisse acted as the sole sponsor and the sole global coordinator; and Credit Suisse and China Renaissance acted as the joint lead managers and joint bookrunners.
Tags: Simpson Thacher & Bartlett LLP | Beijing
Cravath represented the initial purchasers, Citigroup, BofA Merrill Lynch, Morgan Stanley, Credit Suisse, Jefferies, and J.P. Morgan Securities, in connection with the US$640 million 144A/Reg. S high‑yield senior debt offering of Level 3 Financing, Inc., guaranteed by Level 3 Communications, Inc., a facilities‑based provider of a broad range of integrated communications systems. The transaction closed on November 14, 2013.
Tags: Cravath, Swaine & Moore LLP | New York
Akerman LLP, a leading law firm serving clients across the Americas, today announced that Israel (“Izzy”) Alfonso has joined Akerman as a partner in the firm’s Real Estate Practice Group in Miami. He joins the firm from Greenberg Traurig and is the fifth partner to join Akerman’s national Real Estate Practice Group since June and the 17th lawyer to join the Practice Group during the past twelve months.
Tags: Akerman LLP | Miami