Vinson & Elkins Advises Dyno Nobel in Development of $850 Million Ammonia Plant in Louisiana

Thursday, April 18, 2013

Vinson & Elkins partner Kaam Sahely advised and continues to advise Dyno Nobel Inc., a subsidiary of Incitec Pivot Ltd. (IPL), on all aspects of the development of an $850 million anhydrous ammonia plant in Louisiana. The 800,000 metric ton per annum ammonia manufacturing plant will be situated on a brownfield site, which is part of Cornerstone Chemicals Company’s chemical complex in Waggaman, LA, situated on the industrial corridor along the Mississippi River.

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Tags:  Vinson & Elkins LLP | Houston

Pinsent Masons Boosts Singapore Technology Team

Thursday, April 18, 2013

International law firm Pinsent Masons has boosted its international TMT practice with the appointment of leading partner Bryan Tan in Singapore. Bryan joins Pinsent Masons with a team of lawyers from Keystone Law Corporation, a boutique law firm in Singapore specialising in TMT, where he was Founding Partner and Director.

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Tags:  Pinsent Masons LLP | Singapore

Herbert Smith Freehills Advises Tata Communications’ on S$250 Million Notes Issue

Thursday, April 18, 2013

Herbert Smith Freehills has acted as international counsel to Australia and New Zealand Banking Group Limited, DBS Bank Ltd., The Royal Bank of Scotland plc and Standard Chartered Bank, as joint lead managers in relation to the issuance of S$250 million 4.25% notes (the “Notes”) due 2016 by Tata Communications (Netherlands) B.V., which were guaranteed by Tata Communications Limited.

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Tags:  Herbert Smith Freehills Kramer LLP | Singapore

Clifford Chance Advises on Biggest Thailand IPO BTS Rail Mass Transit Growth Raises US$1.4 Billion

Thursday, April 18, 2013

Leading international law firm Clifford Chance has advised BBL Asset Management Company Limited (BBLAM), as the management company of BTS Rail Mass Transit Growth Infrastructure Fund (BTSGIF), on BTSGIF’s US$1.4 billion (Bt41.5 billion) IPO, the biggest listing ever in Thailand and the first IPO of an infrastructure fund in Thailand. BTSGIF sold 3.86 billion units at Bt10.80 each comprising 66.7% of the fund. BTS Group bought the remaining 33.3%, bringing the total fundraising to US$2.1 billion.

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Tags:  Clifford Chance LLP | Hong Kong

Simpson Thacher Represents Bank of America, N.A. and the Joint Lead Arrangers in Connection with Acquisition Financing for ARRIS Group, Inc.’s Acquisition of the Motorola Home Business from a Subsidiary of Google Inc.

Thursday, April 18, 2013

Simpson Thacher recently represented Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated and the other Joint Lead Arrangers in connection with a $2.175 billion Credit Agreement in connection with the acquisition by ARRIS Group, Inc. of the Motorola Home Business from a Subsidiary of Google Inc. ARRIS paid Google approximately $2.2 billion in cash and issued Google 10.6 million shares of ARRIS common stock in connection with the transaction. The cash portion of the consideration was funded through syndicated debt financing and the sale by ARRIS of 10.6 million ARRIS shares to Comcast Corporation. As a result of these securities transactions, Google and Comcast each hold approximately 7.7% of ARRIS’s currently outstanding shares. ARRIS is a video and broadband technology company.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents J.P. Morgan and Barclays in $12.5 Billion Bridge Financing to Thermo Fisher Scientific in Connection with Thermo Fisher’s Acquisition of Life Technologies

Thursday, April 18, 2013

The Firm is representing J.P. Morgan Securities LLC and Barclays Bank PLC in connection with $12.5 billion in bridge financing to Thermo Fisher Scientific Inc. in its announced acquisition of Life Technologies Corporation. The proceeds of the bridge facility will be available to finance the acquisition, to repay certain indebtedness of Life Technologies and to pay fees and expenses related thereto.

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Tags:  Simpson Thacher & Bartlett LLP | New York