Cooley LLP announced today that it advised Portola Pharmaceuticals on its $140 million initial public offering. Portola is a biopharmaceutical company focused on the development and commercialization of novel therapeutics in the areas of thrombosis, other hematologic disorders and inflammation for patients who currently have limited or no approved treatment options. It now trades on the NASDAQ Global Stock Market under the symbol “PTLA.”
Tags: Cooley LLP | Silicon Valley
Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Daniel A. Mullen has joined the Firm as a partner in the Litigation Department and Energy Group, resident in the Washington, DC office. Mr. Mullen will head up the Firm’s Energy Enforcement Practice and provide counsel on energy and commodities enforcement matters as well as government investigations, enforcement proceedings and litigation.
Tags: Fried, Frank, Harris, Shriver & Jacobson LLP
Thompson, Coe, Cousins & Irons, LLP has partnered with Frances O’Meara to form Thompson Coe & O’Meara, LLP to practice law in California.
Tags: Thompson, Coe, Cousins & Irons, LLP | Los Angeles
Cox Smith Matthews Incorporated (“Cox Smith”) today announced that attorney Kerri Condie has joined the firm’s Dallas office as a shareholder in the firm’s Estate Planning and Trust practice area.
Tags: Dykema Gossett PLLC | Dallas
The Firm recently represented Blackstone Mortgage Trust, Inc. in connection with its public offering of 25,875,000 shares of class A common stock, inclusive of the shares sold pursuant to the underwriters’ full exercise of their over-allotment option, at a public offering price of $25.50 per share, or $660 million in the aggregate. Immediately following the offering, Blackstone Mortgage Trust had approximately 28.8 million shares of class A common stock outstanding. Blackstone Mortgage Trust intends to use the proceeds from the offering to originate and purchase loans through its recently commenced senior mortgage lending program and for working capital and general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented First Data Corporation (“First Data”) in connection with its Rule 144A and Regulation S offering of $750 million aggregate principal amount of 11.75% Senior Subordinated Notes due 2021.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher recently represented HCA Inc. in three refinancings of its $13.55 billion/€1.0 billion senior secured cash flow credit facility, enabling HCA to obtain lower pricing on its term loans. To effect the first transaction, HCA Inc. entered into a Joinder Agreement on April 25, 2013 pursuant to which a new, $2.374 billion tranche of B-4 term loans was established to replace HCA’s tranche B-3 term loans. Subsequently, on May 3, 2013, HCA entered a second Joinder Agreement by which $2.00 billion of new tranche B-5 term loans were created to pay down HCA’s tranche B-2 term loans. Finally, on May 22, 2013, HCA entered a third Joinder Agreement, establishing $726 million of new tranche A-4 term loans to pay down its tranche A-3 term loans.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing Smithfield Foods (NYSE: SFD) in connection with its definitive merger agreement with Shuanghui International Holdings Limited. Under the terms of the deal, Smithfield shareholders will receive US$34.00 per share in cash, which values Smithfield at US$7.1 billion, including the assumption of Smithfield’s net debt. The transaction, which is expected to close in the second half of 2013, is subject to shareholder approval and other customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong
Rebecca J. Grunick has joined Porter Wright’s growing Cleveland office as a partner in the firm’s Corporate Department.
Tags: Porter Wright Morris & Arthur LLP
Addleshaw Goddard is increasing its capability across the Arabian Gulf and targeting further growth, with the addition of a new office in Qatar – the firm’s third office opening in the GCC region in the last nine months.
Tags: Addleshaw Goddard LLP