Davis Polk advised Deutsche Bank AG, Singapore Branch as the dealer manager in connection with a tender offer and consent solicitation by Winsway Coking Coal Holdings Limited for all of its US$460.5 million outstanding 8% senior notes due 2016.
Tags: Davis Polk & Wardwell LLP | BeijingDavis Polk is advising Wumart Stores, Inc in connection with its proposed acquisition of a minority interest and assets of C.P. Lotus and proposed issue of shares to C.P. Lotus (the Transactions). The parties signed a framework agreement on October 15, 2013 that contains binding obligations on both parties to negotiate in good faith to enter into definitive documentation in respect of the Transactions. In addition, Wumart and an affiliate of Ascendant Capital Partners I, L.P. entered into a framework agreement in relation to the subscription by Ascendant Capital of H shares in Wumart.
Tags: Davis Polk & Wardwell LLP | Beijing
Cozen O’Connor continues to increase the depth of the firm’s litigation capabilities in New York with the recent hiring of five new partners. Partners residing in the firm’s New York office who have joined in recent months include John J. Sullivan, Michael B. de Leeuw, Patrick B. Sardino, William K. Kirrane and Adam I. Stein.
Tags: Cozen O'Connor, P.C. | New York
Sullivan & Worcester LLP is pleased to announce the opening of its London office led by well-known trade finance partner, Geoffrey Wynne, formerly at Dentons. He is joined in London by associates Hannah Fearn, Sam Fowler-Holmes, Tom Glinka, Anna Koshy and Alexandra Tillbrook, all previously with Dentons.
Tags: Sullivan & Worcester LLP
The national law firm of Quarles & Brady LLP announced that Steven M. Goldman has joined the firm’s Washington, D.C. office as a partner in the Corporate Services Practice Group.
Tags: Quarles & Brady LLP
Simpson Thacher represented First Data Holdings Inc. (“First Data”) in steps designed to increase its flexibility and options to refinance and extend the maturities of its current capital structure. To effect these changes, First Data agreed to issue $300 million of new convertible preferred equity to KKR and other existing shareholders. The net proceeds will be used to repay a portion of the approximately $2 billion of its 11.5% senior PIK notes due 2016, with the remainder to be exchanged for new 14.5% senior PIK notes due 2019.
Tags: Simpson Thacher & Bartlett LLP | New York
Global law firm White & Case LLP has advised the New York branch of Deutsche Bank AG as Administrative Agent as well as Deutsche Bank Securities Inc., RBC Capital Markets and UBS Securities LLC as Joint Lead Arrangers and Joint Bookrunners of senior secured facilities provided by a syndicate of banks for the acquisition financing of German-based CeramTec Group by European private equity firm Cinven from US chemicals manufacturer Rockwood Holdings.
Tags: White & Case LLP | New York
Nine partners and ten associates from the firm Morgan Lewis & Bockius have chosen to join the Paris office of Gide.
Tags: Morgan, Lewis & Bockius LLP
Gibson, Dunn & Crutcher LLP is pleased to announce that R. Jay Tabor has joined the firm as a partner in the Dallas office. Formerly a partner at Weil, Gotshal & Manges, he will continue to focus his practice on mergers and acquisitions and private equity transactions.
Tags: Gibson, Dunn & Crutcher LLP | Dallas
Paul Hastings, a leading global law firm, announced today that it is representing Samsung Electronics, a world leader in advanced semiconductor solutions, in a US$1.5 billion private share redemption transaction with Seagate Technology, a world leader in hard disk drives and storage solutions. Following the transaction, Samsung Electronics will continue to own approximately 12.5 million shares of Seagate Technology.
Tags: Paul Hastings, LLP