Concluding a telecom industry transaction first announced last summer, Milbank, Tweed, Hadley & McCloy has represented Comverse Technology, Inc. (CTI) in its merger with Verint Systems, Inc. The deal was valued at approximately $950 million.
Tags: Milbank LLP | New York
Akin Gump Strauss Hauer & Feld LLP advised Genesis Energy, L.P. in its private placement of $350 million of 5.75 percent senior unsecured notes due in 2021, up from the previously announced aggregate principal amount of $300 million. The deal closed on February 8.
Tags: Akin Gump Strauss Hauer & Feld LLP | HoustonA team of Akin Gump attorneys is advising the Special Committee of Chinese pork and produce processor Zhongpin Inc. in its amended and restated agreement and plan of merger to take the company private.
Tags: Akin Gump Strauss Hauer & Feld LLP | Hong Kong
International law firm Berwin Leighton Paisner (BLP) today (8 February 2013) announced the appointment of finance specialist, Simon Baum, as a Partner in the Firm’s global finance team.
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Herbert Smith Freehills has advised Huaneng Power International, Inc. (“Huaneng Power”), one of China’s largest listed power producers, on its RMB1.5 billion (US$241 million) Regulation S offering of three-year fixed rate bonds due 2016. The bonds will be listed and traded on the Hong Kong Stock Exchange.
Tags: Herbert Smith Freehills LLP | Hong Kong
Linklaters has advised a group of investors, consisting of Marguerite Fund, Siemens Financial Services, Industriens Pensions and PKA, on the acquisition of a majority stake in and financing of an offshore wind farm in the German North Sea. The Butendiek project will be built with 80 Siemens turbines of the SWT 3.6-120 class resulting in a total installed capacity of 288 megawatt. The wind farm is situated in the German North Sea, some 32 km to the West of the island of Sylt. The total investment volume is approx. € 1.3 bn. Project developer and remaining minority shareholder is the wpd-group. With its favorable site conditions including wind resources, water depth, distance to coast and grid connection, Butendiek is one of the most attractive offshore wind projects in the German North Sea.
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Cahill represented J.P. Morgan, Citi, Deutsche Bank, RBS, UBS and Wells Fargo as joint book-running managers in connection with the public offering of $700,000,000, comprised of $400,000,000 aggregate principal amount of 3.625% Senior Notes due 2018 and $300,000,000 aggregate principal amount of 4.75% Senior Note due 2023.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill represented the joint book-running managers and co-managers in connection with the Rule 144A offering of $300,000,000 aggregate principal amount of 9.75% Senior Notes due 2018 by Talos Production LLC and Talos Production Finance Inc.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill represented Deutsche Bank, as lead book-running manager, and the co-managers in connection with the Rule 144A offering of €200,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2018 by Bitė Finance International B.V.
Tags: Cahill Gordon & Reindel LLP | New York
Osborne Clarke has hired Partner John Buyers, previously head of Stephenson Harwood’s commercial, outsourcing and technology group. John joins Osborne Clarke on 11 February in the firm’s London office.
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