Davis Polk – China Vanke $2 Billion Medium-Term Note Program Establishment

Davis Polk advised Bestgain Real Estate Lyra Limited, a wholly owned subsidiary of China Vanke Co., Ltd. (China Vanke), in connection with its establishment of a $2 billion medium-term note program. The notes to be issued under the program will be guaranteed by China Vanke’s wholly owned subsidiary Vanke Real Estate (Hong Kong) Company Limited and supported by a keepwell deed and an equity purchase undertaking from China Vanke.

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Tags:  Davis Polk & Wardwell LLP | Hong Kong

Davis Polk – LYB International Finance B.V. $1.5 Billion Guaranteed Notes Offering

Davis Polk advised J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as joint book-running managers on an SEC-registered offering by LYB International Finance B.V., a wholly owned subsidiary of LyondellBasell Industries N.V., of $750 million aggregate principal amount of 4% guaranteed notes due 2023 and $750 million aggregate principal amount of 5.25% guaranteed notes due 2043. The notes are fully and unconditionally guaranteed by LyondellBasell Industries N.V.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk Advises Oracle Corporation on Its $3 Billion Notes Offering

Davis Polk advised Oracle Corporation on its SEC-registered debt offering of $500 million aggregate principal amount of floating-rate notes due 2019, $1.5 billion aggregate principal amount of 2.375% notes due 2019 and $1 billion aggregate principal amount of 3.625% notes due 2023. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC and HSBC Securities (USA) Inc. were the lead joint book-running managers.

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Tags:  Davis Polk & Wardwell LLP | Silicon Valley