In a decision announced on May 13, 2013, Orrick, Herrington & Sutcliffe LLP obtained for Nomura Credit & Capital, Inc. the complete dismissal with prejudice of a $259 million residential mortgage-backed securities (“RMBS”) putback lawsuit in New York Supreme Court. The Nomura case is one of the first among dozens of RMBS putback cases now pending in NY Supreme. This week’s decision is significant in part because it is the first such RMBS lawsuit dismissed with prejudice by a New York court on statute of limitations grounds.

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Simpson Thacher was special IPO counsel to Quintiles Transnational Holdings Inc. on the initial public offering of shares of its common stock. Quintiles is controlled by a private investor group comprised of affiliates of, or funds sponsored by, Dr. Dennis B. Gillings, Bain Capital Partners, LLC, TPG Global, LLC, 3i Corporation, Temasek Holdings (Private) Limited and certain other shareholders and management members. Morgan Stanley, Barclays and J.P. Morgan were joint book-running managers for the $1.1 billion offering. The shares began trading on the New York Stock Exchange under the ticker symbol “Q” on May 9, 2013. Quintiles is the world’s largest provider of biopharmaceutical development services and commercial outsourcing services.

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The Firm recently advised Avianca Holdings S.A. (BVC: PFAVTA) in its US$300 million inaugural global bond offering of 8.375% Senior Notes due 2020. Avianca Holdings intends to use the net proceeds from the sale to finance its fleet modernization and other general corporate purposes.

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Cahill represented Barclays, J.P. Morgan, BofA Merrill Lynch, Citigroup, Morgan Stanley, BMO Capital Markets and Deutsche Bank Securities as joint book-running managers in connection with the public offering of $345,000,000 aggregate principal amount of 3.75% Convertible Senior Notes Due 2017 by Alpha Natural Resources, a leading global coal company and the world’s third largest metallurgical coal supplier.

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