On Wednesday, August 14th, World Point Terminals, LP completed its initial public offering of 8,750,000 common units representing limited partner interests at the public offering price of $20.00 per common unit. World Point sold 3,871,750 common units and a subsidiary of the sponsor sold 4,878,250 common units in the offering. World Point also granted the underwriters a 30-day option to purchase up to 1,312,500 additional common units. After a six-day road show, the offering priced on August 8th, and the common units began trading on the New York Stock Exchange under the symbol “WPT” on Friday, August 9th.
Tags: Houston
Leech Tishman Welcomes Heather S. Heidelbaugh and Christopher S. Channel
Leech Tishman recently welcomed Heather S. Heidelbaugh and Christopher S. Channel to its Pittsburgh office. Both partners have joined the firm’s Litigation Practice Group.
Tags: Leech Tishman Fuscaldo & Lampl
Simpson Thacher Represents the Underwriters in the Initial Public Offering by Fox Factory Holding Corp.
The Firm represented the underwriters, led by Robert W. Baird & Co., William Blair & Company, L.L.C. and Piper Jaffray & Co., in connection with the underwriting of the initial public offering of common stock by Fox Factory Holding Corp. (“Fox”). The offering of 9,857,143 shares, which includes the shares that were sold pursuant to the option exercised by the underwriters, raised approximately $148 million in aggregate gross proceeds for Fox and the selling stockholders. The shares are now listed on the Nasdaq Global Select under the ticker symbol “FOXF.”
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleySimpson Thacher Represents Underwriters in Senior Convertible Notes Offering by Web.com Group, Inc.
The Firm recently represented Wells Fargo Securities, LLC and Deutsche Bank Securities Inc., as underwriters, in connection with a public offering by Web.com Group, Inc. (“Web.com”) of $258,750,000 aggregate principal amount of its 1.00% Senior Convertible Notes due 2018. The offering closed on August 14, 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkDan Friedberg and Ryan Straus Join the Corporate Finance and Securities Practice Group
Dan Friedberg and Ryan Straus joined Riddell Williams on August 14, 2013 from the law firm of Graham & Dunn. Dan and Ryan are members of the firm’s Corporate Finance and Securities practice group, and bring their financial services expertise that includes dealing extensively with issues related to electronic payments and regulatory compliance, among other things, to add depth and breadth to this area of practice.
Cahill Represents Underwriters in Secondary Offering of Norwegian Cruise Line’s Ordinary Shares
Cahill represented UBS Investment Bank and Barclays as book-running managers and the other underwriters in connection with the secondary public offering of 23,000,000 ordinary shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC, resulting in gross proceeds of approximately $684,250,000 to the selling shareholders. Norwegian did not sell any ordinary shares in the offering and did not receive any of the proceeds from the offering.
Tags: Cahill Gordon & Reindel LLP | New York
Lowenstein Represents Tower International in Connection with $160 Million Secondary Offering and Repricing of Term Loan Facility
Lowenstein represented Tower International, Inc. (NYSE: TOWR) and Tower International Holdings, LLC, an affiliate of Cerberus Capital Management, L.P., in connection with a $160 million SEC-registered secondary offering of 7,888,122 shares of Tower International, Inc.’s common stock by Tower International Holdings, LLC, at a price to the public of $21.25 per share. The Lowenstein team was led by Robert G. Minion, Peter H. Ehrenberg and Michael J. Reinhardt and included attorneys Brian A. Silikovitz, Alison S. Fraser and Kate Basmagian.
Tags: Lowenstein Sandler LLP | New York
Sheppard Mullin Continues Expansion with Addition of Three Bay Area Partners
Peter H. Carson, Lorna L. Tanner and Stephanie L. Zeppa have joined Sheppard, Mullin, Richter & Hampton LLP as partners. Carson joins the firm’s San Francisco office, as a member of the Finance and Bankruptcy practice group. Tanner and Zeppa join the firm’s Palo Alto office, as members of the Intellectual Property practice group and Corporate practice group, respectively. Carson joins from Bingham McCutchen, where he was a member of the Transactional Finance practice and co-chaired the Healthcare Industry Group. Tanner joins from Foley & Lardner and Zeppa joins from Dentons.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Silicon Valley
T&K Adds Noted Litigator Patrick McManemin and Three Counsel Attorneys
The law firm of Thompson & Knight LLP is pleased to announce the expansion of its Trial Practice Group. Patrick F. McManemin joins Thompson & Knight as a Partner, and J. Thomas Gilbert, Michael Tristan, and John P. Vacalis join as Counsel.
Tags: Thompson & Knight LLP | Dallas
Goodwin Procter Advises Brookfield on $4.4 Billion Global Fundraising
A team of Goodwin attorneys helped client Brookfield Asset Management form its Brookfield Strategic Real Estate Partners fund, one of the world’s largest private real estate funds with approximately $4.4 billion in capital commitments.
Tags: Goodwin Procter LLP