Leading international law firm Clifford Chance has advised CLP Holdings Limited on its US$982 million placing of new shares. The placing was done by way of a tender process whereby selected banks were invited to submit bids to underwrite the placing. The placing agents for this transaction were Goldman Sachs, J.P. Morgan and UBS.
Tags: Clifford Chance LLP | Hong KongClifford Chance Advises on Jumbo US$1.5 Billion Bond Issuance Guaranteed by China Development Bank, Hong Kong Branch
Leading international law firm Clifford Chance has advised the joint lead managers1 on the issue by Amber Circle Funding Limited of US$500 million 2% guaranteed notes due 2017 and US$1 billion 3.25% guaranteed notes due 2022, guaranteed by China Development Bank Corporation, Hong Kong Branch.
Tags: Clifford Chance LLP | Hong KongWhite & Case Advised on US$625 Million Facilities Agreement for the Acquisition of Scotsman Industries by Ali Group
Global law firm White & Case LLP has advised Bank of America, N.A., BNP Paribas S.A. and other financial institutions, in connection with the Italian, German and Finnish law aspects of a US$625 million term and revolving facilities agreement for the acquisition of Scotsman Industries, Inc. by Ali Group North America Corporation. The facilities were guaranteed by Italian parent company Ali S.p.A. and granted to its subsidiary Ali Group North America Corporation, as borrower.
Tags: White & Case LLPDLA Piper Expands German Restructuring Practice
DLA Piper Represents Trident Microsystems in Confirmation of Chapter 11 Plan
DLA Piper served as lead counsel to Trident Microsystems, Inc., a publicly traded leader in the semiconductor sector in the digital television and set-top box industries, along with its 15 subsidiaries in the Cayman Islands, Asia and throughout Europe, as its Chapter 11 plan was confirmed by the US Bankruptcy Court for the District of Delaware. The plan will return a distribution of 90 percent to unsecured creditors of the Cayman Island company and 100 percent to unsecured creditors of the US parent company, and will provide a substantial return to equity holders of the US parent company.
Tags: DLA PiperSimpson Thacher Represents Underwriter in Avago Secondary Offering Totaling Approximately $740 Million
Simpson Thacher recently represented the underwriter, Citigroup Global Markets Inc., in a public offering of 21,490,022 ordinary shares of Avago Technologies Limited by several of Avago’s shareholders for aggregate gross proceeds of approximately $740 million.
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleyPinsent Masons Boosts Planning & Environment Team with Partner Appointment
Pinsent Masons has strengthened its national planning and environment team with the recruitment of Mike Pocock as a partner.
Tags: Pinsent Masons LLPCahill Represents Lead Arrangers in Credit Facility for MedAssets
Cahill represented JPMorgan Chase as administrative agent and J.P. Morgan, Barclays, Deutsche Bank, BofA Merrill Lynch, Morgan Stanley and SunTrust Robinson Humphrey as lead arrangers in connection with a credit facility comprised of a $300,000,000 Term B loan, a $250,000,000 Term A loan and a $200,000,000 revolving credit facility for MedAssets, Inc.
Tags: Cahill Gordon & Reindel LLP | New YorkStamford Law is Advising Petra Foods Limited in Respect of the Sale of Its Cocoa Ingredients Division to Barry Callebaut
Stamford Law is advising SGX Mainboard-listed Petra Foods Limited in respect of its sale of its cocoa ingredients division to Swiss Exchange-listed Barry Callebaut, for a cash consideration of approximately US$950 million. Petra Foods’ cocoa ingredients division is one of the world’s largest suppliers of cocoa ingredients to the food and beverage industry and comprises of six cocoa ingredients processing facilities (located in Indonesia, Malaysia, Thailand, Brazil, Mexico and Germany) and one cocoa butter factory (located in France).
Tags: SingaporeWilliams Mullen Helps Complete Genesis HealthCare’s Acquisition of Sun Healthcare Group
Genesis HealthCare (Genesis), one of the nation’s largest providers of skilled nursing and rehabilitation care, today announced that effective December 1, 2012 it completed the acquisition of Sun Healthcare Group, Inc. (Sun) (NASDAQ GS: SUNH). Based in Irvine, California, Sun is a healthcare services company serving primarily the senior population. Sun owns SunBridge Healthcare, LLC, which, directly and through affiliates, operates skilled nursing facilities, assisted and independent living centers, and behavioral health centers in 23 states. Sun also owns SunDance Rehabilitation, CareerStaff Unlimited, and SolAmor Hospice.
Tags: Williams Mullen