The notes were listed on the Singapore Stock Exchange Securities Trading Limited with Citigroup and HSBC acting as joint lead managers for the issuance of the securities.
Tags: Appleby | Hong Kong
Clifford Chance Advises Volkswagen AG on the Placement of Mandatory Convertible Notes in the Volume of 2.5 Billion EUR
Clifford Chance advised Volkswagen Aktiengesellschaft in connection with the placement of subordinated mandatory convertible notes with an issue volume of EUR 2.5 billion.
Tags: Clifford Chance LLP
Weil Secures Favourable Settlement for PGNiG in Natural Gas Pricing Dispute with Gazprom
Weil’s International Arbitration team successfully resolved a very significant dispute over natural gas prices between longstanding client Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) and Gazprom on 5 November, 2012. The dispute was scheduled to go to arbitration in Stockholm in January 2013.
Tags: Weil, Gotshal & Manges, LLPChadbourne Represents FOVISSSTE in the Successful Placement of Its Fourteenth MBS Offering in Mexico of $416 Million
Chadbourne & Parke represented FOVISSSTE (“Fondo de la Vivienda del Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado”) in the successful placement of its fourteenth mortgage loan portfolio securitization, known as TFOVIS, which amounted to $416 million. The settlement of the Issuance on the Mexican Stock Exchange (BMV for its Spanish Acronym) took place on October 31.
Tags: Sao Paulo
Shearman & Sterling Advises Borealis on Acquisition of 49% Equity Shareholding in EDPR’s US Wind Farm Assets
Shearman & Sterling is advising Borealis Infrastructure (Borealis) in its acquisition of a 49% equity shareholding in a portfolio of wind farm assets in the US from EDP Renováveis S.A. (EDPR). The portfolio is comprised of four wind farms totalling 599 MW, installed between 2007 and 2008 (4.5 years of average age), and all of which have long-term Power Purchase Agreements (PPAs) in place. The total consideration for the 49% equity shareholding is US$230 million, which represents a total implied value for the portfolio of US$1,446 million. The transaction is subject to customary regulatory approvals.
Tags: Shearman & Sterling LLP | New York
Haynes and Boone Advises Mitra in Acquisition of KFC/Taco Bell Units
A team of Haynes and Boone, LLP lawyers represented Mitra, LLC in its acquisition of 120 Kentucky Fried Chicken/Taco Bell units from Yum Brands, Inc. in the northeast part of the United States.
Tags: Haynes and Boone, LLP | Dallas
Lathrop & Gage Expands Environmental Practice in Chicago
Susan Charles has joined the Chicago office of Lathrop & Gage LLP as a partner the firm announced today. Charles counsels corporate and private equity clients in a broad array of environmental matters, including business transactions, regulatory compliance and litigation.
Tags: Lathrop GPM LLP
Simpson Thacher Represents Evercore Wealth Management in Acquisition of Mt. Eden Investment Advisors
Simpson Thacher is representing Evercore Wealth Management LLC, a subsidiary of Evercore Partners Inc., in the acquisition of Mt. Eden Investment Advisors, LLC, a San Francisco-based wealth management firm with approximately $645 million in assets under management as of September 30, 2012. The transaction is expected to close by year end.
Tags: Simpson Thacher & Bartlett LLP | New York
Duane Morris Teams Complete Complex IPO Deal for Lehigh Gas Partners
Three teams of Duane Morris lawyers, led by Richard Silfen and Chad Rubin, and supported by Peter Byrne, all of the firm’s Philadelphia office, completed a series of transactions last week that concluded with the $138 million initial public offering of wholesale motor fuel distributor Lehigh Gas Partners LP (NYSE: LGP).
Tags: Duane Morris LLP
Proskauer Advises Protravel International on Sale to Tzell Travel Group
Global law firm Proskauer represented Protravel International, Inc., in an agreement to be acquired by Tzell Travel Group, a Travel Leaders Group company that is a portfolio investment of One Equity Partners, the private investment arm of JPMorgan Chase. The merger is expected to close in November, pending government antitrust approval.
Tags: Proskauer Rose, LLP | New York