On January 10, Willkie client The Allstate Corporation closed its $500 million offering of 5.100% Fixed-to-Floating Rate Subordinated Debentures due 2053. J.P. Morgan Securities LLC, Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated served as joint book-running managers for the offering. The Subordinated Debentures received partial equity credit according to the rating agencies’ hybrid methodology.
Tags: Willkie Farr & Gallagher LLP | New York
DLA Piper represented Eagle View Technologies, Inc. in a merger with Pictometry International that created a combined new company valued at approximately US$400 million. The merger creates an entity that offers comprehensive and robust capabilities in aerial imagery collections, geospatial analytics and 3D measurement technologies.
Tags: DLA Piper | Silicon ValleyMcKenna Long & Aldridge LLP (MLA) is pleased to announce that Richard “Dick” L. Sigal has joined the firm’s Public Finance group as a Partner. He will work out of the firm’s New York City office.
Tags: New YorkMacfarlanes has advised investment firm 17Capital LLP on the raising of its second fund, which has closed with commitments of more than €208m. The fund will make preferred equity investments in European private equity situations.
Tags: Macfarlanes LLP
International law firm McDermott Will & Emery LLP today announced that Andreas Kurtze has joined the Firm as a partner in McDermott’s recently opened Frankfurt, Germany office.
Tags: McDermott Will & Emery LLP | Germany
International legal practice Norton Rose has advised Gatehouse Bank, the London based Shariah compliant investment bank, on its UK real estate based sukuk, the first sukuk of its kind to be issued in the UK.
Tags: Norton Rose FulbrightInternational legal practice Norton Rose has advised the UK Green Investment Bank, Barclays Bank, BayernLB and SMBC as lenders to the Wakefield waste Private Finance Initiative (PFI), a municipal waste facility located in South Kirkby.
Tags: Norton Rose Fulbright
SRZ advised Cerberus Capital Management LP as the lead investor in a consortium’s $3.3 billion acquisition from SUPERVALU INC. of its Albertsons, Acme, Jewel-Osco, Shaw’s and related Osco and Sav-on in-store pharmacies (the “Banners”). SUPERVALU, a publicly-traded company, is one of the largest U.S. grocery businesses.
Tags: Schulte Roth & Zabel LLP | New York
Squire Sanders is pleased to announce the arrival of a team of leading antitrust partners to its Washington, DC office. The group is led by Mark Botti, who was previously the head of the antitrust and unfair competition practice at Akin Gump, and includes J. Brady Dugan and Anthony Swisher.
Tags: Squire Patton Boggs
Baker & McKenzie is pleased to announce that veteran corporate and securities lawyer Lance Chen has re-joined the Firm. Mr Chen joined Baker & McKenzie’s Hong Kong office as a partner on 1 January to head the Firm’s US Securities Practice Group in Hong Kong and China. He adds extensive experience in international securities transactions to the Firm’s well-regarded Securities practice.
Tags: Baker McKenzie | Hong Kong