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.
Tags: Davis Polk & Wardwell LLPHogan Lovells to Launch Luxembourg Office
Hogan Lovells will be opening an office in Luxembourg on 1 August as part of its strategy to continue to grow its funds and tax practices and develop in markets that are key to the firm’s clients.
Tags: Hogan LovellsOsborne 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.
Tags: Osborne ClarkeNew Banking and Finance Partner Joins RHTLaw Taylor Wessing
Paul Hastings Represents Wells Fargo in $200 Million Credit Facility for Flatonia Energy, LLC
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC as sole lead arranger and sole bookrunner, and Wells Fargo Bank, National Association, as the administrative agent, in connection with a $200,000,000 senior secured revolving credit facility for Flatonia Energy, LLC.
Tags: Paul Hastings, LLP | HoustonPaul Hastings Represents Kayne Anderson MLP Investment Company in $223 Million Common Stock Offering
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Kayne Anderson MLP Investment Company, a closed-end investment company, in an underwritten, overnight, public offering of 6,200,000 shares of common stock in the amount of $223 million which closed on March 15, 2013.
Tags: Paul Hastings, LLPExperienced Trial Lawyer Leslie Davis Joins Chicago Office of Drinker Biddle & Reath LLP
Accomplished litigator Leslie D. Davis joins Drinker Biddle & Reath LLP today as a partner in the firm’s national Commercial Litigation Practice Group. Leslie is the fourth lateral partner to join the firm’s Chicago office this year, following the arrival of former Assistant United States Attorney Daniel Collins to Drinker Biddle’s White Collar Team, and Theodore Becker and Frances LaFleur to the firm’s Employee Benefits and Executive Compensation Practice Group.
Tags: Drinker Biddle & Reath, LLPMorgan Lewis Advises Food Distributor Nash Finch on $1.3B Merger with Spartan Stores
Leading regional grocery distributor and retailer Spartan Stores and one of the leading food distribution companies in the U.S., Nash Finch Company, today announced that they have entered into a definitive merger agreement under which Grand Rapids, Mich.-based Spartan Stores and Minneapolis-based Nash Finch will combine in an all-stock merger valued at approximately $1.3 billion, including existing net debt at each company.
Tags: Morgan, Lewis & Bockius LLP | New YorkClifford Chance and Al-Jadaan & Partners Law Firm Advise on Saudi Binladin Group’s Financing for the King Abdulaziz International Airport
Clifford Chance and Al-Jadaan & Partners have advised BNP Paribas Investment Company KSA and GIB Capital LLC (GIB Capital) in their roles as joint lead managers and bookrunners on the issuance by SBG Sukuk Limited of its fourth short-term sukuk al-murabaha, guaranteed by Saudi Binladin Group Limited (SBG). The financing is part of an approximately SAR12 billion financing of one of the phases of construction and development of the King Abdulaziz International Airport.
Tags: Clifford Chance LLP | DubaiWinstead Welcomes Shareholders Timothy Ryan and Will Walker
Law firm Winstead PC welcomes finance and banking attorneys Timothy R. Ryan and Will Walker. Previously partners at Mayer Brown, Ryan and Walker bring decades of experience serving both domestic and foreign banks and financial institutions in a variety of financing and syndicated loan transactions. Both Ryan and Walker are shareholders in Winstead’s reputable finance and banking practice group.
Tags: Winstead PC