Davis Polk Advises Mengniu on Its $500 Million Bond Offering

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.

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

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

Reed Smith Adds Financial Industry Group Partner in DC

Reed Smith LLP today announced the addition of Angela Angelovska-Wilson as a partner its Financial Industry Group (FIG), which comprises some 275 attorneys worldwide. Angelovska-Wilson, former counsel at Latham & Watkins LLP, will work from the firm’s Washington, D.C. office.

“Angela is widely recognized as a leader in the area of virtual currencies which is an emerging technology and a hot button issue for federal regulators,” said Perry Napolitano, Head of the Firm’s Financial Industry Group. “She is regularly called upon by global financial services institutions for advice on cutting edge payment methods for merchants. Having this high level alternative payments capability available to our clients is a substantial service advantage for Reed Smith.”

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