Simpson Thacher Represents Underwriters in $1.2 Billion Secondary Offering by Selling Stockholders of Realogy Holdings Corp.

Simpson Thacher represented the underwriters, Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in a secondary offering by certain funds affiliated with Apollo Global Management, LLC (“Apollo”) of an aggregate of 25,125,070 shares of Realogy Holdings Corp.’s (“Realogy”) common stock, representing Apollo’s remaining equity interests in Realogy. The offering raised aggregate net proceeds of approximately $1.2 billion.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk – Naspers $1 Billion Notes Offering

Davis Polk advised Barclays Bank PLC, Citigroup Global Markets Limited and J.P. Morgan Securities plc, as joint bookrunners and representatives of several initial purchasers in connection with a Rule 144A/Regulation S offering of notes by Myriad International Holdings B.V., a wholly owned subsidiary of Naspers Limited. The offering consisted of $750 million principal amount of 6% notes due 2020 and a tap issuance of $250 million principal amount of 6% notes due 2020. The notes are guaranteed by Naspers Limited.

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Tags:  Davis Polk & Wardwell LLP

Osborne Clarke Expands International Footprint with 15th Office, in Paris

Osborne Clarke has continued its rapid international expansion with the opening of its 15th office, in Paris. France is the 7th jurisdiction in which the international law firm has an office. The office is being opened by Béatrice Delmas-Linel who joins from De Gaulle Fleurance & Associés, where she was Partner. Béatrice has also held several senior roles in the legal team at Microsoft Corporation, and was managing Partner of August & Debouzy.

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Tags:  Osborne Clarke