Davis Polk – NVIDIA Corporation $1.5 Billion Convertible Senior Notes Offering

Wednesday, December 4, 2013

Davis Polk advised Goldman, Sachs & Co. as initial purchaser in connection with a Rule 144A offering by NVIDIA Corporation of an aggregate principal amount of $1.5 billion of its 1% convertible senior notes due 2018, which included $200 million aggregate principal amount of notes from the full exercise of the initial purchaser’s over-allotment option. In addition, Davis Polk advised Goldman, Sachs & Co. as counterparty to convertible note hedge and warrant transactions in connection with the convertible notes offering.

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Tags:  Davis Polk & Wardwell LLP | Silicon Valley

Davis Polk Advises ICICI Bank Limited on $750 Million Notes Offering

Wednesday, December 4, 2013

Davis Polk advised ICICI Bank Limited, acting through its Dubai branch, in connection with a Rule 144A/Regulation S offering of $750 million aggregate principal amount of 4.8% notes due 2019. Barclays Bank PLC, Citigroup Global Markets Inc., Deutsche Bank AG, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Standard Chartered Bank were the joint lead managers and dealers for the offering.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong

Davis Polk Advises Mengniu on Its $500 Million Bond Offering

Wednesday, December 4, 2013

Davis Polk advised China Mengniu Dairy Company Limited in connection with its Regulation S only English law offering of $500 million 3.5% bonds due 2018. Mengniu is a leading dairy product manufacturer in China and offers a wide range of dairy products, including liquid milk products (such as UHT milk, milk beverages and yogurt), ice cream and other dairy products (such as pediatric milk formula and cheese).

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Tags:  Davis Polk & Wardwell LLP | Beijing

Greenberg Traurig Expands its Government Law & Policy Practice with the Addition of Teddy Eynon in Washington D.C.

Wednesday, December 4, 2013

The international law firm Greenberg Traurig, LLP has added Teddy Eynon as a shareholder in its Government Law & Policy Practice. Prior to joining Greenberg Traurig, Eynon was a partner at McDermott Will & Emery and also served as the Deputy Chief of Staff to Arizona Congressman John Shadegg. He will be based out of Greenberg Traurig’s Washington, D.C. office.

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Tags:  Greenberg Traurig, LLP

Akin Gump Advises Monongahela Power Company in Closing of $1 Billion Bond Offering

Wednesday, December 4, 2013

Akin Gump advised Monongahela Power Company, a wholly owned subsidiary of FirstEnergy Corp., in a Rule 144A/Reg. S offering of $1 billion of first mortgage bonds. The bonds were issued in two tranches: $400 million of 4.10 percent bonds due 2024 and $600 million of 5.40 percent bonds due 2043. Monongahela Power is using the proceeds primarily to repay existing debt, including debt incurred in connection with its recent acquisition of sole ownership of the coal-fired Harrison Power Station (1,984 MW) in an asset swap with affiliate, Allegheny Energy Supply Company LLC.

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Tags:  Akin Gump Strauss Hauer & Feld LLP | New York