Hogan Lovells today announced its corporate team helped a pioneer in commercializing new diagnostic technologies, Laboratory Corporation of America® Holdings (LabCorp®) (NYSE:LH), finance an offering of $700 million in senior notes. The proceeds will allow LabCorp to repay outstanding borrowings under its existing credit facility, and for general corporate purposes.
Tags: Hogan LovellsHogan Lovells Expands Corporate Practice with Addition of Former SEC Assistant Director Michael McTiernan
Hogan Lovells today announced that Michael McTiernan has joined its Corporate practice as a partner. For nearly a decade, McTiernan worked for the United States Securities and Exchange Commission (“SEC”) in the Division of Corporate Finance, where he most recently served as Assistant Director of the Real Estate Group.
Tags: Hogan LovellsMichael N. Zachary, Leading Intellectual Property Litigator, Rejoins Kenyon & Kenyon
Kenyon & Kenyon LLP has announced that Michael N. Zachary has rejoined the firm as a litigation partner in the Palo Alto office. The addition of Mr. Zachary will further strengthen the already highly-ranked patent litigation practice at Kenyon, underscoring the firm’s commitment to providing a full complement of intellectual property legal services to its clients out of its Palo Alto office. Mr. Zachary will continue his practice advising clients on patent infringement, trade secret, trademark and other intellectual property litigation matters.
Tags: Silicon ValleySimpson Thacher Represents Chilean Telecommunications Company, Entel, in US$1 Billion Inaugural Offering of Senior Notes
The Firm recently represented Empresa Nacional de Telecomunicaciones S.A. (“Entel”), one of Chile’s largest telecommunications providers, in a Rule 144A / Regulation S offering of US$1 billion of 4.875% Senior Notes due 2024. This transaction was Entel’s inaugural offering of securities in the international capital markets. HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. acted as representatives of the initial purchasers in the offering, which closed on October 30.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents HCA and Its Principal Stockholder in $1.4 Billion Secondary Offering and $500 Million Concurrent Share Repurchase
Simpson Thacher recently represented HCA Holdings, Inc. (“HCA”) and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 30,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $1.4 billion, and a concurrent share repurchase by HCA of 10,656,436 additional shares from the principal stockholder. The concurrent share repurchase resulted in additional gross proceeds of approximately $500 million.
Tags: Simpson Thacher & Bartlett LLP | New YorkIP, Antitrust, and Commercial Litigator John Cuddihy Joins Ballard Spahr
John L. Cuddihy, a distinguished intellectual property and antitrust litigator with experience representing leading clients across a range of industry sectors, has joined Ballard Spahr as a partner in its Washington, D.C., office, firm Chair Mark Stewart announced today.
Tags: Ballard Spahr LLPWendy Choi Joins Ballard Spahr as IP Partner in Atlanta
Intellectual property attorney Wendy A. Choi, who has more than 20 years of experience representing chemical, pharmaceutical, and medical device/diagnostic clients in domestic and international patent matters, has joined Ballard Spahr’s Atlanta office as a partner, firm Chair Mark Stewart announced today.
Tags: Ballard Spahr LLPDavis Polk – Canadian Pacific Railway Limited $835 Million Secondary Offering
Davis Polk advised Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as underwriters in connection with an $835 million SEC-registered secondary offering of 5,965,304 common shares in the capital of Canadian Pacific Railway Limited (CP) by certain funds managed by Pershing Square Capital Management, L.P. The common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “CP.”
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Evergrande Real Estate Group Limited $1 Billion 8.75% Senior Notes Due 2018 Offering
Davis Polk advised Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities plc, Deutsche Bank AG, Singapore Branch and China Merchants Securities (HK) Limited, as initial purchasers of a Rule 144A/Regulation S offering by Evergrande Real Estate Group Limited of $1 billion aggregate principal amount of its 8.75% senior notes due 2018.
Tags: Davis Polk & Wardwell LLP | Hong KongMorrison & Foerster Opens Berlin Office
Morrison & Foerster today officially opened its 17th office, located in central Berlin at One Potsdamer Platz. It is the firm’s first office in Germany and third in Europe.
Tags: Morrison & Foerster LLP | Germany