Cravath represented the underwriters, led by J.P. Morgan Securities, Citigroup and PNC Capital Markets LLC, in connection with the US$500 million offering of depositary shares representing preferred stock of The PNC Financial Services Group, Inc., one of the largest diversified services companies in the United States. The transaction closed on May 7, 2013.
Tags: Cravath, Swaine & Moore LLP | New YorkCravath represented the underwriters, led by Barclays, J.P. Morgan Securities, BofA Merrill Lynch, Citigroup and Wells Fargo Securities, in connection with the US$1 billion registered senior debt offering of Loews Corporation. The transaction closed on May 7, 2013.
Tags: Cravath, Swaine & Moore LLP | New York
McCarthy Tétrault is pleased to announce the addition of three lawyers to its Labour & Employment Group in Calgary: partners Shana Wolch and Will Cascadden, and associate Dylan Snowdon.
Tags: McCarthy Tétrault LLP
The Firm represents funds affiliated with The Blackstone Group in connection with an underwritten public offering of 23.4 million shares of common stock of General Growth Properties, Inc. The Blackstone affiliates received proceeds of approximately $536 million from the offering. The shares represent the remaining portion of the equity Blackstone acquired as part of the restructuring of General Growth and its emergence from bankruptcy in 2010. The Firm represented Blackstone in the restructuring.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented CHC Helicopter S.A. (“CHC Helicopter”) in an offering of $300 million aggregate principal amount of 9.375% Senior Notes due 2021 in reliance on Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented funds affiliated with First Reserve Management, L.P. (“First Reserve”), in connection with a registered public offering of common stock of Cobalt International Energy, Inc. (“Cobalt”). A total of approximately $1.3 billion in net proceeds was raised in the offering. Affiliates of First Reserve received approximately $421.5 million of the gross proceeds from the offering.
Tags: Simpson Thacher & Bartlett LLP | New York
Bracewell & Giuliani LLP announced that Carey R. Troell has joined the firm’s San Antonio office as a partner in the public finance practice. Troell focuses on tax-exempt financings and has clients in all aspects of public finance transactions including state and local government finance matters, including traditional municipal finance, tax increment finance, and public improvement districts.
Tags: Bracewell LLP
Dana Gas PJSC, the largest independent oil and gas company in the UAE, has successfully completed the restructuring of its US$1 billion Trust Certificates (sukuk al-mudarabah). The restructuring, the first of its kind in the Middle East, was implemented through the exchange of Dana Gas’ existing sukuk certificates with two tranches of new sukuk certificates (one convertible and one non-convertible tranche), each with a 5 year tenor.
Tags: Latham & Watkins LLP | Hong Kong
Cooley LLP announced today that it represented DreamWorks Animation SKG, Inc. in the negotiations that culminated in its agreement to buy AwesomenessTV, a multi-channel YouTube subscription for teens.
Tags: Cooley LLP | Los Angeles
Doreen D. Dodson, the first woman to serve as president of The Missouri Bar and a national leader in the field of employment and immigration law has joined the St. Louis office of Polsinelli. In her new role, she will serve as a senior partner in the firm’s labor and employment law practice group.
Tags: Polsinelli PC