Simpson Thacher Represents Underwriters in Offering of Preferred Shares of Cementos Argos

The Firm recently represented J.P. Morgan, HSBC, Merrill Lynch, Credit Suisse, Itaú BBA, Banca de Inversión Bancolombia and Valores Bancolombia, as initial purchasers, in connection with the first ever simultaneous offering in the Colombian and international markets of 209,300,000 preferred shares issued by Cementos Argos S.A. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. A total of approximately $880 million in net proceeds was raised in the offering.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk Adds Finance Partner Monica Holland

Davis Polk & Wardwell LLP today announced that Monica L. Holland will join the firm in New York as a partner in its Credit Group. The addition of Ms. Holland, who is highly experienced in corporate and leveraged finance, further strengthens Davis Polk’s distinguished banking and finance practice, widely recognized as among the best in the nation.

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Tags:  Davis Polk & Wardwell LLP | New York

Goodwin Procter Advises Forest City on $2 Billion Joint Venture with QIC

Goodwin Procter recently advised client Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) on its joint venture with QIC, one of Australia’s largest institutional investment managers. According to terms of the transaction, Forest City will contribute its ownership interest in eight regional retail shopping malls, valued at $2.05 billion, to the joint venture while QIC will acquire 49% of those interests for cash.

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Covington Boosts International Arbitration and Energy Practices with London Hires

Covington & Burling LLP is pleased to announce that Ben Holland and Jeremy Wilson are joining the firm’s London office as partners. Both will practice in Covington’s international arbitration and commercial litigation practice groups, focusing on energy-related disputes. They are joining a well-established team that has been at the forefront of advising energy clients on major commercial and treaty arbitrations and includes, among others, Gaëtan VerhooselStephen Bond and Carmen Martinez in London.

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Tags:  Covington & Burling LLP