Herbert Smith Freehills has acted as international and US counsel to NTPC Limited (“NTPC”), one of India’s largest state-owned power generation companies, in connection with an offer for sale (“OFS”) by the Government of India of a US$2.14 billion stake in NTPC.
Tags: Herbert Smith Freehills LLP | Hong Kong
Loeb & Loeb LLP announced today that Thomas F. Hanley, III has joined the firm’s Los Angeles office as a partner in the Real Estate Department. Previously, Hanley was a partner at Dykema Gossett, where he led the firm’s Los Angeles Real Estate Practice Group.
Tags: Loeb & Loeb LLP | Los Angeles
A duo of powerhouse banking attorneys has joined the Atlanta office of Troutman Sanders LLP, the law firm announced today.
Tags: Troutman Pepper Hamilton Sanders LLP
Attorneys with the law firm of Thompson & Knight LLP represented WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), in the formation of Dakota Prairie Refining, LLC, a $300 million joint venture with Calumet Specialty Partners, L.P. (NASDAQ: CLMT) that will develop, build, and operate a diesel refinery in southwestern North Dakota. The transaction was announced on Feb. 7, 2013.
Tags: Thompson & Knight LLP | Houston
Dechert D.C.-based partners Paul T. Denis and James A. Fishkin are leading a team serving as antitrust counsel to OfficeMax Inc. in its proposed merger of equals with Office Depot Inc. that was announced today. The combined market capitalization of the two companies is more than $2.5 billion.
Tags: Dechert LLP
William W. Wales, who spent more than 30 years in the legal department of The Dow Chemical Company and Dow AgroSciences LLC, has joined Barnes & Thornburg LLP’s Indianapolis office as a partner in the firm’s litigation and corporate departments.
Tags: Barnes & Thornburg LLP
Global law firm Eversheds has hired renowned corporate energy partner Greg Hammond. Greg joins the firm’s London office from Akin Gump Strauss Hauer & Feld LLP as a partner and Head of International Oil & Gas (Corporate).
Tags: Eversheds Sutherland
Simpson Thacher is representing J.P. Morgan Securities LLC, as bookrunner and a lead arranger and The Bank of Tokyo-Mitsubishi UFJ, Ltd. as a lead arranger in connection with $1.2 billion in bridge financing to Total System Services, Inc. in connection with its acquisition of NetSpend Holdings, Inc. in an all cash transaction valued at approximately $1.4 billion. The proceeds of the bridge facility may be used, in part, to finance the acquisition, to repay certain indebtedness of NetSpend and to pay fees and expenses related thereto.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented the international joint lead managers in connection with the initial public offering of Nippon Prologis REIT, Inc. on the Tokyo Stock Exchange, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥97 billion (US$1.05 billion) for the issuer which was used together with bank financing to acquire an initial portfolio of logistics facilities from the sponsor, Prologis Group. Morgan Stanley, SMBC Nikko Capital Markets, Goldman Sachs and JP Morgan acted as international joint lead managers for the offering.
Tags: Simpson Thacher & Bartlett LLP | TokyoThe firm recently represented Corp Group Banking S.A. (“Corp Group”) in an offering of US$500 million aggregate principal amount of 6.750% notes due 2023. The notes were offered and sold pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933.
Tags: Simpson Thacher & Bartlett LLP | New York