Polsinelli Adds Labor & Employment Focus in Texas

National law firm Polsinelli welcomes labor and employment attorney Lon R. Williams, Jr. as a shareholder in the firm’s Dallas office. A seasoned professional, Williams has successfully represented management clients in a wide variety of employment and traditional labor relationships in various industries, including energy, health care, education, financial services, defense contracting and temporary staffing.

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Tags:  Polsinelli PC | Dallas

Simpson Thacher Represents Initial Purchasers in Sale of $500 Million Senior Notes Due 2016 by Realogy Group LLC

Simpson Thacher represented the initial purchasers, led by joint book-running managers, J.P. Morgan Securities LLC, Goldman, Sachs & Co., Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Credit Agricole Securities (USA) Inc., and by co-manager, CRT Capital Group LLC, in the sale of an aggregate principal amount of $500 million 3.375% Senior Notes due 2016 by Realogy Group LLC (“Realogy”). The notes are guaranteed on an unsecured senior subordinated basis by Realogy Holdings Corp., the indirect parent of Realogy, and on an unsecured senior basis by each of Realogy’s existing and future domestic subsidiaries that is a guarantor under Realogy’s senior secured credit facility and its existing secured notes or that guarantees certain other indebtedness in the future, subject to certain exceptions. Realogy intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of its outstanding 11.50% Senior Notes due 2017.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Hogan Lovells Advises Al Bayan Group Holding Company on Landmark Malaysian Sukuk

Hogan Lovells has advised Al Bayan Group Holding Company (Al Bayan or the Group), a Saudi-based conglomerate, on its RM200.0 million sukuk, issued on the 24th April 2013, out of its inaugural RM1.0 billion Sukuk Wakalah Programme (the Sukuk Programme) – the first Malaysian Ringgit Sukuk Programme to be established by a Saudi corporate issuer and the first issuance by a Saudi corporate issuer of Malaysian Ringgit denominated sukuk in the Malaysian debt capital market to date. The landmark sukuk has been issued via Al Bayan’s special-purpose vehicle incorporated in Malaysia, ABHC Sukuk Berhad.

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Tags:  Hogan Lovells