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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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

Simpson Thacher Represents NXP Semiconductors N.V. (NXP) in a $910.5 Million Registered Secondary Offering

The Firm represented NXP Semiconductors N.V. (“NXP”) in connection with a $910.5 million registered secondary offering of 30,000,000 common shares by certain of its principal stockholders, including affiliates of funds managed or advised by AlpInvest Partners B.V., Apax Partners LLP, Bain Capital Partners, LLC, Kohlberg Kravis Roberts & Co. L.P. and Silver Lake Technology Management, LLC. The offering settled and closed on February 7, 2013.

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Tags:  Simpson Thacher & Bartlett LLP