Norton Rose Fulbright advised Royal Bank of Canada (RBC) in its inaugural Basel III-compliant domestic public offering of $500 million of Non-Cumulative, 5-Year Rate Reset Preferred Shares Series AZ. Our team of Dawn Whittaker, Heidi Reinhart and Evelyn Li assisted RBC’s in-house legal team led by Erin Dion, Senior Counsel.

More >>

Clifford Chance has advised a banking consortium led by Barclays, Commerzbank, Merrill Lynch and Société Générale in connection with a bond issue in a total volume of EUR 2 billion by Bayer AG, Leverkusen.

More >>

DLA Piper represented Groupon in its acquisition of Ideeli, a New York-based online fashion retailer, for US$43 million. More >>

Covington & Burling scored a major victory for several of the world’s largest liquid crystal display manufacturers by persuading a federal judge in Chicago to dismiss antitrust claims asserted by Motorola Mobility, Inc.
More >>

Cooley LLP announced today that it advised CHC Group Ltd. on its $310 million initial public offering. CHC Group, the world’s largest commercial helicopter operator for the offshore oil and gas industry, now trades on the New York Stock Exchange under the symbol, “HELI.”

More >>

Shearman & Sterling represented Banco Nacional de Desenvolvimento Econômico e Social (BNDES), Brazil’s national bank for economic and social development and the primary domestic source of long-term financing in the Brazilian economy, in connection with its offering of €650,000,000 3.625% Notes due 2019, listed on the Luxembourg Stock Exchange. Deutsche Bank AG, London Branch, J.P. Morgan Securities plc and Banco Santander, S.A. acted as Lead Managers, and BB Securities Ltd. and Mitsubishi UFJ Securities International plc acted as Co-Managers.

More >>

Shearman & Sterling represented Legg Mason, Inc. as issuer in connection with the filing of a shelf registration statement and a shelf takedown of $400,000,000 aggregate principal amount of 5.625% Senior Notes due 2044.

More >>

Global legal practice Norton Rose Fulbright advised Green Eagle Holdings Pte Ltd on a US$120 million syndicated term loan and revolving facility with, amongst others, ABN AMRO Bank N.V., Singapore Branch, as co-ordinating lender, bookrunning mandated lead arranger, facility agent and security agent.

More >>

Shearman & Sterling has advised a consortium of banks led by Commerzbank on the EUR 310 million refinancing of IVG Cavern Fund’s institutional fund. The IVG Cavern Fund was launched in 2008 by real estate investor IVG and holds 70 oil and gas caverns in Etzel near Wilhelmshaven.

More >>