Davis Polk advised Morgan Stanley & Co. LLC as underwriter in connection with the SEC-registered secondary offering of 25,000,000 shares of common stock of NXP Semiconductors N.V. The total gross proceeds to the selling stockholders was approximately $937 million. The common stock is listed on the NASDAQ Global Market under the symbol “NXPI.”
Tags: Davis Polk & Wardwell LLPDavis Polk advised Citigroup Global Markets Inc., Deutsche Bank AG, Singapore Branch, Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc. and Samsung Securities Co., Ltd. as underwriters in connection with a concurrent SEC-registered Schedule B debt offering by KEXIM of $500 million aggregate principal amount of its floating-rate notes due 2016 and $500 million aggregate principal amount of its 2.875% senior notes due 2018.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk advised Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank AG, Singapore Branch; KDB Asia Limited, Mizuho Securities USA Inc. and Standard Chartered Bank as underwriters in connection with a SEC-registered Schedule B debt offering by The Korea Development Bank of $750 million aggregate principal amount of its 3% notes due 2019.
Tags: Davis Polk & Wardwell LLP | Hong Kong
Latham & Watkins represented Citi, China Renaissance and UBS, as the initial purchasers, on the US$600 million convertible bond issuance by Qihoo 360 Technology Co. Ltd. (“Qihoo 360”), a Chinese Internet and mobile security products and services provider, whose ADSs are listed on the New York Stock Exchange. The bonds are convertible into the listed ADSs of Qihoo 360, based on an initial conversion rate of 9.0119 ADS per US$1,000 principal amount of bonds. This initial conversion rate represents an approximately 40% conversion premium over the last reported sale price of the ADSs at the time of pricing.
Tags: Latham & Watkins LLP | Hong Kong
Roetzel is pleased to announce that Christopher R. D’Amico has joined the firm’s Business Services group as a partner in the Orlando office.
Tags: Roetzel & Andress LPA
Polsinelli welcomes Dallas attorney John T. Duncan III as a shareholder in the firm’s strong national Real Estate Finance Practice. Duncan concentrates his practice on all aspects of commercial real estate finance and capital markets transactions involving commercial real estate assets located across the United States, with a particular emphasis on representing CMBS special servicers and other lenders in connection with restructuring complex commercial mortgage loans.
Tags: Polsinelli PC | Dallas
King & Spalding advised Cousins Properties Incorporated on its $1.1 billion transformative acquisition of real estate portfolios in Houston and Fort Worth, Texas, from a joint venture operated by Crescent Real Estate Holdings LLC. The properties are Greenway Plaza, a 10-building, 4.4 million-square-foot office portfolio in Houston, and 777 Main Street, a 40-story, 980,000-square-foot Class-A office tower in Fort Worth. The transaction was announced on July 29, 2013 and closed on September 9, 2013.
Tags: King & Spalding LLP
The global law firm Jones Day has announced that Lisa Ledbetter has joined as a partner in the Firm’s Financial Institutions Litigation & Regulation Practice in the Washington Office. She arrives from the Washington office of Dentons where she was a partner in the Financial Institutions Regulatory Group.
Tags: Jones Day
In one of the largest corporate bond offerings in Latin America of 2013, Milbank, Tweed, Hadley & McCloy LLP has represented underwriters in a $2.5 billion offering of senior notes issued by Colombia’s state-owned and primary oil and gas producer and exporter Ecopetrol S.A.
Tags: Milbank LLP | New YorkMilbank, Tweed, Hadley & McCloy LLP is representing major Chilean bottler and beverage producer Compañía Cervecerias Unidas S.A. (CCU), and its consolidated subsidiaries, in the offering of $670 million in shares in the form of American Depository Receipts (NYSE: CCU) and rights, listed and traded on the New York Stock Exchange.
Tags: Milbank LLP | New York