The Firm represented the underwriters, led by J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, in connection with a registered offering by Broadridge Financial Solutions, Inc. (“Broadridge”) of $400 million aggregate principal amount of its 3.950% Senior Notes due 2020.
Tags: Simpson Thacher & Bartlett LLP | New York
Cleary Gottlieb partner David Gelfand will join the Antitrust Division of the U.S. Department of Justice as a Deputy Assistant Attorney General under Assistant Attorney General Bill Baer.
Tags: Cleary Gottlieb Steen & Hamilton LLP
Akerman Senterfitt today announced that it represented XPO Logistics, Inc. (NYSE: XPO) in its $365 million acquisition of 3PD Holding, Inc. (3PD). XPO Logistics is one of the fastest growing providers of transportation logistics services in North America, with business units in freight brokerage, expedited transportation and freight forwarding. 3PD is the largest provider of heavy goods, last-mile delivery logistics in North America. The acquisition was financed with the net proceeds of XPO Logistics’ recent $220.5 million public offering of common stock, together with cash on hand. Additional details about the transaction can be found here.
Tags: Akerman LLP
Gunster, one of Florida’s oldest and largest full-service business law firms, is pleased to announce that Gregory M. Munson, an attorney and former deputy secretary for water policy with the Florida Department of Environmental Protection, will join the firm as a shareholder in its Tallahassee office on September 23.
Tags: Gunster, Yoakley & Stewart, P.A.
Miles & Stockbridge P.C. continues the strategic expansion of its Intellectual Property Practice with the addition of seven lawyers and a patent agent. On August 26th, the firm will welcome Susan McBee, Chester Moore, and David Woodward as principals; Richard Henderson as of counsel; Bryan Jones and David Vanik as counsel; and Shazi Jiang as an associate. All were previously with the Washington, D.C. office of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC. William Brett Stauffer, a registered patent agent, will also join the firm.
Tags: Miles & Stockbridge P.C.
On August 20, private equity firm Kohlberg Kravis Robert & Co. L.P. (KKR) announced the formation of Maritime Finance Company, a new specialty finance company created to lend to the maritime industry. Willkie is advising Maritime Finance Company and its founders, Kristan Bodden and Gabriel Tolchinsky, in the deal. The company will be initially capitalized by a $580 million investment, 45% of which has been provided by KKR and its affiliates. The balance was arranged by MerchCap Solutions LLC. The new investment platform will acquire assets in the offshore oil field services industry as well as traditional shipping sectors.
Tags: Willkie Farr & Gallagher LLP
Global law firm Proskauer represented CCB International as the lead initial investor in respect of a US$200,000,000 guaranteed secured senior notes issued by Zhuguang Holdings Group Company Limited, a property development and investment company based in Guangdong Province China and listed on the Hong Kong Stock Exchange (HKSE). In consideration of the purchase of the senior notes, the Issuer also issued to the initial investors warrants representing aggregate exercise price of US$40,000,000.
Tags: Proskauer Rose LLP | Hong Kong
The Doha office of global law firm K&L Gates LLP welcomes Matthew Walker as a partner in the energy, infrastructure and resources practice. Walker joins K&L Gates from Dentons, where he was also based in their Doha office.
Tags: K&L Gates LLP
Davis Polk advised J.P. Morgan Securities LLC, RBS Securities Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC and Wells Fargo Securities, LLC, as joint book-running managers in connection with an SEC-registered offering by PHH Corporation of $350 million aggregate principal amount of its 6.375% senior notes due 2021.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Leerink Swann LLC as joint book-running managers on an SEC-registered offering of 5,785,123 shares of common stock of The Medicines Company for an aggregate price to the public of approximately $175 million. The underwriters have a 30-day option to purchase up to an additional 867,768 shares. The Medicines Company’s common stock is listed on the NASDAQ Global Select Market under the trading symbol “MDCO.”
Tags: Davis Polk & Wardwell LLP | New York