Morgan Lewis announced today that Mark B. Stein—an accomplished transactional lawyer who focuses on private equity and venture capital investments often in the life sciences and healthcare industries—has joined the firm in its Business and Finance Practice, resident in the firm’s Boston office. His arrival continues the firm’s growth in Boston and adds depth to the firm’s private equity and healthcare transactions practices.
Tags: Morgan, Lewis & Bockius LLP
Baker & McKenzie recently advised Cheung Kong (Holdings) Limited and its wholly-owned subsidiary, Cheung Kong Bond Securities (03) Limited (“CKBS”), on the issue and offering by CKBS of US$500 million 5.375% guaranteed senior perpetual securities, which are denominated in United States dollars. The securities are guaranteed by Cheung Kong (Holdings) Limited and are listed on the Main Board of the Hong Kong Stock Exchange.
Tags: Baker McKenzie | Hong KongBaker & McKenzie recently represented Thai Oil Public Company Limited (TOP) on its offering of USD 1 billion dual-tranche senior unsecured fixed-rate notes to foreign institutional investors in accordance with Rule 144A and Regulation S. This marks the second major international bond offering in which Baker & McKenzie has represented affiliate companies within the PTT group in less than six months.
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Paul Hastings, a leading global law firm, announced today that it represented China SCE Property Holdings Limited (“China SCE”), a company listed on the Hong Kong Stock Exchange, in its issuance of additional senior notes (“Additional Notes”) in the aggregate principal amount of US$150 million. China SCE is a leading property developer based in China’s Fujian province.
Tags: Paul Hastings, LLP | Hong Kong
Patton Boggs LLP is pleased to announce that Brian J. Pierce has joined the firm’s Corporate Finance practice group as a partner. Mr. Pierce, who will work throughout Middle East and North Africa (MENA) region, joins Patton Boggs from Sullivan & Cromwell LLP, where he was Special Counsel – Middle East.
Tags: Squire Patton Boggs
Jeffrey W. Munk, who built a leading government affairs practice representing clients on tax, energy and transportation issues, joined Baker Botts L.L.P. today as a partner in the firm’s Washington office.
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Simpson Thacher recently represented the initial purchasers in connection with the offering of US$2 billion of senior bonds in three tranches due 2016, 2018 and 2023 by Japan’s Sumitomo Mitsui Banking Corporation, guaranteed by the bank’s New York branch. The senior bonds were offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. Goldman Sachs & Co., Citigroup Global Markets Inc., Barclays Bank PLC, J.P. Morgan Securities LLC and SMBC Nikko Capital Markets Limited were the joint lead managers for the offering.
Tags: Simpson Thacher & Bartlett LLP | Tokyo
Mayer Brown, a leading global law firm, announced today that it advised China International Marine Containers (Hong Kong) Limited (CIMC), part of the largest container manufacturing group in the world, on the establishment of a $600 million US commercial paper program supported by a letter of credit from Bank of China, New York Branch. The transaction marks one of the first letter of credit backed US commercial paper programs by an Asian issuer. Bank of America Merrill Lynch acted as structuring advisor and arranger.
Tags: Mayer Brown LLP | New York
Davis Polk is advising the Los Angeles Dodgers ownership group on the creation of American Media Productions, LLC, a new regional sports network called SportsNet LA, which will be the home for the Los Angeles Dodgers beginning with the 2014 Major League Baseball season. Time Warner Cable Inc. has agreed to be SportsNet LA’s charter distributor, and will carry the new network for its customers throughout Southern California and Hawaii under a long-term affiliation deal. Time Warner Cable also will be the exclusive advertising and affiliate sales agent for the new network and will have certain branding and programing rights with respect to the network. Time Warner Cable will also provide certain non-game production and technical services to the network. The agreement with Time Warner Cable is subject to certain closing conditions.
Tags: Davis Polk & Wardwell LLP | New York
Shearman & Sterling represented Jaguar Land Rover Automotive plc (formerly Jaguar Land Rover PLC) on its offering of $500 million fixed-rate high yield bonds due 2023. Jaguar Land Rover Automotive plc, an indirectly-owned subsidiary of Indian-owned Tata Motors Limited (India), bought luxury carmakers Jaguar Land Rover Limited (formerly Jaguar Cars Limited) and Land Rover in 2008.
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