Hogan Lovells Represents Kingdom Holding Company in Strategic Investment in Largest Internet Consumer Sales Company in China, 360Buy Jingdong Inc.

A Hogan Lovells team from offices in Beijing, London and Washington, D.C. represented Kingdom Holding Company (“KHC”), chaired by long-time client HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia (“Prince Alwaleed”), in leading a consortium of investors to acquire a US$400 million strategic stake in the largest internet consumer sales company in China, 360Buy Jingdong Inc. The investor group was advised by QInvest LLC, Qatar’s leading investment bank.

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Tags:  Hogan Lovells | Beijing

Paul Hastings Represents Lead Arrangers on Lotte Shopping’s Equity-Linked Bond

Paul Hastings, a leading global law firm, announced today that it represented the lead arrangers on Lotte Shopping’s US$303 million exchangeable bond, exchangeable into shares of Lotte Himart, the largest consumer electronics retailer in Korea and a majority-owned subsidiary of Lotte Shopping. Lotte Shopping is one of South Korea’s biggest retailers and a market leader in both department stores and discount stores.

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Tags:  Paul Hastings, LLP

Simpson Thacher Represents the Initial Purchasers in Micron Technology, Inc.’s $600 Million Convertible Senior Notes Offering and the Dealers in 55 Million Share Capped Call Option Transactions

The Firm recently represented the initial purchasers, led by Morgan Stanley, Goldman, Sachs & Co., and J.P. Morgan, in connection with Micron Technology, Inc.’s offering of $600 million aggregate principal amount of Convertible Senior Notes due 2033. The notes were offered in two tranches and only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended.

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Tags:  Simpson Thacher & Bartlett LLP | Silicon Valley