The Firm represented Goldman Sachs International, J.P. Morgan Securities LLC and several other banks as underwriters in connection with a public offering by Virgin Media Finance PLC of $900 million aggregate principal amount of its 4.875% Senior Notes due 2022 and £400 million aggregate principal amount of its 5.125% Senior Notes due 2022. The notes are guaranteed by Virgin Media Inc. and certain subsidiaries. Virgin Media used the net proceeds from the offering to fund a tender offer for all of its outstanding 9.50% Senior Notes due 2016 and $250 million aggregate principal amount of its 8.375% dollar and 8.875% sterling denominated Senior Notes due 2019. The Firm represented J.P. Morgan Securities plc and RBS Securities Inc. as dealer-managers for the tender offer.

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The Firm is representing Sunrise Medical, Inc. and Vestar Capital Partners in connection with the announced definitive agreement to sell Sunrise Medical’s global mobility and seating operations to funds advised by Equistone Partners Europe. The terms of the purchase of Sunrise Medical from affiliates of Vestar were not disclosed. Vestar had acquired Sunrise Medical, in partnership with Park Avenue Equity Partners, in a going private transaction in 2000. The transaction is expected to close at the end of 2012 and is subject to approval by antitrust authorities.

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Davis Polk advised Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and J.P. Morgan Securities LLC as joint book-running managers on an SEC-registered debt offering by Stanley Black & Decker, Inc. of $800 million aggregate principal amount of 2.9% notes due 2022.

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Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBS Securities Inc. and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering by General Dynamics Corporation of $900 million aggregate principal amount of 1.00% notes due 2017, $1 billion aggregate principal amount of 2.25% notes due 2022 and $500 million aggregate principal amount of 3.60% notes due 2042. The notes are fully and unconditionally guaranteed by certain subsidiaries of General Dynamics.

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Davis Polk is advising ARM Holdings plc in connection with its leading participation in a consortium of major technology companies affiliated with Allied Security Trust, which has entered into an agreement with MIPS Technologies, Inc. to obtain rights to its patent portfolio. The MIPS patent portfolio includes 580 patents and patent applications covering microprocessor design, system-on-chip design and other related technology fields. The consortium will pay $350 million in cash to acquire rights to the portfolio, of which ARM will contribute $167.5 million. The transaction, which is subject to MIPS shareholder approval, is expected to close in the first quarter of 2013.

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Latham & Watkins LLP is pleased to announce Jean-Philippe “JP” Brisson has joined the firm’s New York office as partner in the Environment, Land & Resources Department and Vice Chair of the firm’s Air Quality & Climate Change Practice Group. Brisson has broad expertise advising both oil and gas companies and financial services firms on a wide range of environmental matters including carbon finance, renewable energy and commodities.

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Shearman & Sterling advised Citigroup Global Markets Inc., Crédit Agricole Corporate & Investment Bank, HSBC Securities (USA), Inc., J.P. Morgan Securities LLC, Mizuho Corporate Bank, Ltd. and Sumitomo Mitsui Banking Corporation as joint bookrunners and joint lead arrangers in connection with a $1.25 billion revolving credit facility for Petróleos Mexicanos (PEMEX).

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Carter Ledyard  is pleased to announce that Christian Moretti has joined the firm as partner in its Corporate Department and Co-Chair of its European Cross-Border Practice effective November 5, 2012.

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