Vinson & Elkins Advises on Ghubrah IWP in Oman

Vinson & Elkins advised the successful sponsor consortium partners Malakoff Corporation Berhad, Sumitomo Corporation, and Cadagua S.A. on the development and financing of the Ghubrah seawater desalination project (IWP) in Oman. The key financing documents were executed last week and financial close is expected imminently. The project is the second IWP in Oman and will supply water for daily use equivalent to the amount consumed by approximately 800,000 people.

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Tags:  Vinson & Elkins LLP | Dubai

Latham & Watkins – Experienced Derivatives and Structured Finance Partner Joins London Office

Latham & Watkins is pleased to announce that Dean Naumowicz has joined the firm’s London office as a partner in the Corporate Department. Naumowicz has extensive experience advising on a wide range of derivatives and structured products including credit, equity and commodity transactions. He has particularly well-developed expertise advising on Sharia-compliant derivatives transactions and he has advised on innovative financial structures in emerging markets covering all asset classes.

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Davis Polk – Graña y Montero S.A.A. US$412.8 Million Initial Public Offering

Davis Polk advised Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Banco BTG Pactual S.A. – Cayman Branch as joint book-running managers of the several underwriters in connection with the initial public offering by Graña y Montero S.A.A. of 19,534,884 American Depositary Shares, each representing five of its common shares, at a price per ADS of US$21.13. The offering raised gross proceeds of US$412.8 million. The ADSs are listed on the New York Stock Exchange under the symbol “GRAM.”

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Tags:  Davis Polk & Wardwell LLP | New York

Veteran Labor Attorney Daniel R. Begian Joins Ogletree Deakins’ Expanding St. Louis Office

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to welcome Daniel R. Begian as a shareholder in its St. Louis office. Begian, a veteran labor and employment attorney with more than 30 years of practice in St. Louis, will bolster the firm’s Traditional Labor Relations, Employment Law, and Workplace Safety and Health practice groups. Begian joins Ogletree Deakins from The Lowenbaum Partnership and is reconnected with his former colleagues, including shareholders Bob Stewart, Stan Schroeder and Bill Lawson, who joined the firm in January, as well as Burt Garland and others.

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Simpson Thacher Represents Barclays and HSBC in $4.35 Billion Financing and Barclays as M&A Advisor to Perrigo Company in Connection with Perrigo’s $8.6 Billion Acquisition of Elan Corporation

The Firm is representing Barclays Bank PLC and HSBC Securities (USA) Inc. in connection with $4.35 billion of committed bridge financing to Perrigo Company in its announced $8.6 billion acquisition of Elan Corporation, PLC for $6.25 in cash plus 0.07636 shares of a newly formed Perrigo holding company for each Elan share, valuing each Elan share at $16.50 based on the closing price per Perrigo share on July 26, 2013. The proceeds of the bridge facilities will be available to finance a portion of the cash consideration for the acquisition, to repay certain indebtedness of Perrigo and to pay fees and expenses related thereto.

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Tags:  Simpson Thacher & Bartlett LLP | New York