Cahill represented Bank of America, as administrative agent, in connection with a new $2,000,000,000 revolving credit facility for HCA, Inc. that replaced HCA’s existing revolving credit facility.
Tags: Cahill Gordon & Reindel LLP | New York
Shearman & Sterling Secures Legal Victory for Dow in Challenge to $2.1 Billion Arbitral Award
Shearman & Sterling has secured another legal victory for client The Dow Chemical Company in a ruling related to the record $2.1 billion ICC arbitral award announced in May 2012.
Tags: Shearman & Sterling LLP | New York
Davis Polk – Nuance Communications $350 Million Senior Notes Offering
Davis Polk advised Morgan Stanley & Co. LLC and Barclays Capital Inc. as joint book-running managers on a Rule 144A/Regulation S offering by Nuance Communications, Inc. of $350 million aggregate principal amount of its 5.375% senior notes due 2020. The notes reopen a prior offering of $700 million principal amount of notes in August 2012.
Tags: Davis Polk & Wardwell | New York
Osborne Clarke Opens in Hamburg
Osborne Clarke, the international law firm with an annual turnover of €150m, is about to open a new office in Hamburg. The office brings the firm’s sector expertise to a city that is Northern Europe’s most important economic centre and the gateway to Scandinavia, Russia and the Baltic regions.
Tags: Osborne Clarke | Germany
Reed Smith Enhances its Hong Kong Shipping Group with Lateral Partner from Stephenson Harwood
International law firm Reed Smith (known in Hong Kong as Reed Smith Richards Butler) today announced the appointment of new partner Jason Toms to its global shipping group in Hong Kong. Jason joins with associate Joyce Cheung and both will join the firm’s Hong Kong office from Stephenson Harwood Hong Kong.
Tags: Reed Smith LLP | Hong Kong
Willkie Advises MetLife on Remarketing of $1 Billion of Debentures
Willkie recently represented MetLife, Inc. in the remarketing of (i) $500 million aggregate principal amount of its 1.756% Series C Senior Component Debentures, Tranche 1 and (ii) $500 million aggregate principal amount of its 3.048% Series C Senior Component Debentures, Tranche 2. The Series C Debentures were originally issued in November 2010 as $1 billion aggregate principal amount of Series C Senior Debentures due 2023, which formed part of MetLife’s 40 million Common Equity Units, with an aggregate stated amount at issuance of $3 billion.
Tags: Willkie Farr & Gallagher LLP | New York
Covington Advises Verizon on $7.5 Billion Pension Transfer
Covington & Burling served as ERISA counsel to Verizon Communications Inc. on its transfer of $7.5 billion in pension liabilities to The Prudential Insurance Company of America.
Tags: Covington & Burling
Jones Day Welcomes Mergers & Acquisitions Partner Chris Swift
The global law firm Jones Day has announced that Chris Swift has joined as a partner in the Mergers & Acquisitions Practice. Formerly a partner with Allen & Overy, Mr. Swift will be based in the Firm’s Hong Kong Office.
Tags: Jones Day LLP | Hong Kong
Baker Botts Represents Höegh LNG in a Project to Deliver LNG Receiving Terminal in Indonesia
Höegh LNG and Perusahaan Gas Negara (PGN) have signed terms for the LNG Floating Storage and Regasification Unit (“FSRU”) and mooring to form an offshore LNG receiving terminal offshore Labuhan Maringgai, in the Lampung province, at the south east coast of Sumatra, Indonesia.
Tags: Baker Botts LLP | Hong Kong
Former U.S. Attorney Patrick J. Fitzgerald Joins Skadden’s Chicago Office
Skadden, Arps, Slate, Meagher & Flom LLP announced today that Patrick J. Fitzgerald, former U.S. Attorney for the Northern District of Illinois, is joining the firm, effective October 29. He will be practicing out of Skadden’s Chicago office. Among other things, Mr. Fitzgerald will focus on internal corporate investigations as well as civil litigation and arbitration.
Tags: Skadden, Arps, Slate, Meagher & Flom, LLP