Simpson Thacher Represents the Underwriters in Vipshop Holdings Limited’s Follow-On Offering

Wednesday, March 20, 2013

The Firm recently represented the underwriters led by Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC in connection with a follow-on offering of American depositary shares of Vipshop Holdings Limited (“Vipshop”). The offering by Vipshop and certain selling shareholders of an aggregate of 8,280,000 American depositary shares (including 1,080,000 American depositary shares pursuant to the underwriters’ exercise of the over-allotment option), representing 16,560,000 ordinary shares, raised an aggregate of approximately US$200 million.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Cozen O’Connor Grows in Florida With Six Lateral Attorneys: Firm Expands South Florida Presence, Opens Office in West Palm Beach

Wednesday, March 20, 2013

Cozen O’Connor announced today that effective Wednesday, six attorneys from the firm of Edwards Wildman are joining Cozen O’Connor, in practice areas that include trusts and estates/private client services, real estate, insurance coverage, reinsurance, insurance corporate and regulatory and litigation. D. Scott Elliott, Michael Botos, Harvey Feintuch, A. Kenneth Levine, Simeon Brier and John David Dickenson are joining the firm as partners.

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Tags:  Cozen O'Connor, P.C.

Cahill Represents Initial Purchasers in $3.5 Billion Senior Notes Offering by MetroPCS

Wednesday, March 20, 2013

Cahill represented Deutsche Bank Securities, Credit Suisse, J.P. Morgan, and Morgan Stanley as joint book-running managers in connection with the Rule 144A offering of $3,500,000,000 of senior notes of MetroPCS Wireless, Inc. (“Wireless”), comprised of $1,750,000,000 aggregate principal amount of 6.25% Senior Notes due 2021 and $1,750,000,000 aggregate principal amount of 6.625% Senior Notes due 2023.

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Tags:  Cahill Gordon & Reindel LLP | New York

K&L Gates Acts for Adult Stem Cell Company Mesoblast on Largest Private Equity Financing of 2013 by Global Biotech

Wednesday, March 20, 2013

K&L Gates acted as lead Australian lawyers in Mesoblast Limited’s A$170 million raising, one of the largest international private equity financings for a biotech company in recent years. The world’s largest regenerative medicine company, Mesoblast raised the funds through a targeted institutional private placement, with the issue structured to comply with U.S. SEC exemptions (144a and Regulation S) as well as applicable UK and local Asian security laws.

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Tags:  K&L Gates LLP

Davis Polk – Tempur-Pedic $1.77 Billion Acquisition Financing

Wednesday, March 20, 2013

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole lead arranger and bookrunner in connection with $1.77 billion of financing provided to Tempur-Pedic International Inc. for its acquisition of Sealy Corporation, which closed on March 18, 2013. The financing consists of $1.07 billion in senior secured term loan facilities, a $350 million senior secured revolving credit facility and a $350 million senior unsecured bridge facility.

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Tags:  Davis Polk & Wardwell LLP | New York