Davis Polk advised Morgan Stanley & Co. LLC in connection with a variable maturity accelerated share repurchase transaction it entered into with BMC Software, Inc., under which BMC will repurchase $750 million of its common stock. The total number of shares to be repurchased will be determined over a period that is expected to last no longer than approximately seven months.
Tags: Davis Polk & Wardwell | New YorkKatten Continues Expansion of Environmental Practice, Engaging Top Environmental Attorney Matt Paulson
Katten Muchin Rosenman LLP announced today that prominent environmental attorney Matt Paulson will join the firm as a partner, resident in Austin, Texas, where he currently is based, and will head up Katten’s Environmental Aspects of Energy Production Practice.
Tags: Katten Muchin Rosenman LLP | AustinNoted Consumer Financial Services and Banking Attorney Glen Trudel Joins Ballard Spahr in Delaware
Glen P. Trudel, an attorney known for his work on financial services and banking regulatory matters, has joined Ballard Spahr as a partner in Delaware, firm Chair Mark S. Stewart announced today.
Tags: Ballard Spahr LLPMorrison & Foerster Represents Equity Residential in Joint Agreement to Acquire Archstone’s U.S. Apartment Portfolio for $16 Billion
In the largest real estate deal this year, Morrison & Foerster LLP is representing leading residential real estate investment trust Equity Residential (NYSE: EQR) in a joint agreement with AvalonBay Communities to acquire a vast portfolio of U.S. apartment properties owned by Archstone. Equity Residential and AvalonBay are acquiring the portfolio from the Lehman Brothers estate for approximately $16 billion. The deal marks the largest real estate transaction since Blackstone Group’s $26 billion acquisition of Hilton Worldwide Inc. in 2007.
Tags: Morrison & Foerster LLP | New YorkShearman & Sterling Advises on Banco Santander Chile’s Chinese Renminbi 500 Million Senior Fixed Rate Notes Offering
Shearman & Sterling represented Deutsche Bank AG, London Branch and Standard Chartered Bank as dealers in connection with Banco Santander Chile’s offering of Chinese Renminbi 500 million 3.75% Senior Fixed Rate Notes due 2014 issued under Banco Santander Chile’s U.S.$5.5 billion Medium-Term Notes Program.
Tags: Shearman & Sterling LLP | Sao PauloShearman & Sterling Advises Jefferies on a $355 Million Refinancing
Shearman & Sterling advised Jefferies Finance LLC, as administrative agent, collateral agent, sole lead arranger and bookrunner, in connection with a $355 million refinancing and one-time dividend transaction, comprised of a $220 million first lien term loan, a $25 million first lien revolver, and $110 million second lien term loan facility, for P2 Energy Solutions, Inc., a portfolio company of Vista Equity Partners which provides software and data services to the upstream oil and gas industry.
Tags: Shearman & Sterling LLP | New YorkPeter Cashin Joins Kennedys’ Corporate and Commercial Group in Hong Kong
DLA Piper Advises on BP Acquisition
Akin Gump Advises Zhongpin Inc.’s Special Committee on Take-Private Merger
A team of Akin Gump attorneys is advising the Special Committee of Chinese pork and produce processor Zhongpin Inc. in its definitive agreement and plan to merge that will take the company private.
Tags: Akin Gump Strauss Hauer & Feld LLP | Hong KongSimpson Thacher Represents Underwriters in $350 Million Debt Offering by Avnet, Inc.
The Firm represented underwriters, led by BofA Merrill Lynch and RBS, in a public offering of $350 million principal amount of 4.875% Notes due 2022 of Avnet, Inc.
Tags: Simpson Thacher & Bartlett LLP | Los Angeles