Global law firm White & Case LLP advised Deutsche EuroShop AG, a Frankfurt Stock Exchange-listed company included in the MDAX index, in a combined placement of convertible bonds and shares generating total placement proceeds of around €168 million.
Tags: White & Case LLPGlobal law firm White & Case LLP has advised Chinese Zhejiang Sanhua Co. Ltd. on the acquisition of AWECO Group. In addition to customer contracts, the technology and the production facilities in Germany, Austria, Poland, China and Slovakia were acquired by means of a mixed asset and share deal.
Tags: White & Case LLP
The Santo Domingo, Dominican Republic office of Squire Sanders acted as local counsel for J. P. Morgan Securities LLC as sole initial purchaser in the successful issuance by Aeropuertos Dominicanos Siglo XXI, S.A. (“Aerodom”) of US$550 million of 9.250% Senior Secured Notes due 2019, with Bank of New York Mellon as Trustee. This is the largest international bond offering, at the lowest interest rate, by a private corporation in the history of the Dominican Republic. Partner Pedro O. Gamundi, Senior Associate Rhina M. Martinez and Associate Leyla Hernandez handled this transaction on behalf of the firm.
Tags: Squire Patton Boggs
International law firm Milbank, Tweed, Hadley & McCloy, LLP, led by Global Securities partner James H. Ball, Jr., has represented a group of investment banks as underwriters in the follow-on sale of shares of asset manager WisdomTree Investments, Inc. The public equity offering is valued at $157.2 million.
Tags: Milbank LLP | New York
Weil advised Providence Equity Partners, a minority partner in Yankees Entertainment and Sports Network (YES), in News Corporation’s acquisition of a 49 percent stake in YES. YES is a New York City-based regional cable television channel that broadcasts sports events, including New York Yankees baseball games and Brooklyn Nets basketball games. The deal is expected to close by the end of 2012.
Tags: Weil, Gotshal & Manges, LLP | New York
Herbert Smith Freehills has recently advised BOCI Asia Limited, Citigroup Global Markets Limited and J.P. Morgan Securities plc as the Joint Lead Managers on the issuance of US$300 million 4.125% guaranteed notes due 2022 by China Taiping Capital Limited, a wholly-owned subsidiary of China Taiping Insurance Holdings Company Limited, an insurance conglomerate incorporated and headquartered in Hong Kong. The transaction closed on 21 November 2012.
Tags: Herbert Smith Freehills LLP | Hong Kong
Simpson Thacher recently represented Walter Energy, Inc. in its offering of $500 million aggregate principal amount of 9.875% Senior Notes due 2020. Walter Energy intends to use the net proceeds of the offering to repay indebtedness outstanding under its credit facilities, to pay fees and expenses related to the offering and for general corporate purposes. The offering was conducted in reliance on Rule 144A and Regulation S.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented Woori Blackstone Korea Opportunity Private Equity Fund I, a Korean private equity fund operated under joint general partnership between The Blackstone Group and Woori Private Equity, in its minority investment in NS Shopping Co., Ltd., the 5th largest home shopping company in Korea. The investment was jointly made with Shinhan BNP Paribas Asset Management Co., Ltd.
Tags: Simpson Thacher & Bartlett LLP | Hong KongSimpson Thacher is representing Suzhou Gold Mantis Construction Decoration Co., Ltd. in connection with its US$75 million acquisition of 70% equity interest in HBA International, a world leader in interior design services for the hospitality industry. The transaction is expected to close by the end of this year, subject to Chinese regulatory approvals.
Tags: Simpson Thacher & Bartlett LLP | BeijingSimpson Thacher represented Reed Elsevier in connection with a Rule 144A/Regulation S offering of $250,000,000 aggregate principal amount of its 3.125% Notes due 2022 (the “Notes”). Simpson Thacher also represented Reed Elsevier in connection with offers of additional Notes in an aggregate principal amount of $311,176,000 and cash in exchange for a portion of its outstanding 7.750% Notes due 2014 and 8.625% Notes due 2019. The Notes were issued by Reed Elsevier Capital Inc. and are fully and unconditionally guaranteed jointly and severally by Reed Elsevier PLC and Reed Elsevier NV, the parent companies of the entities that comprise the Reed Elsevier group of businesses.
Tags: Simpson Thacher & Bartlett LLP | New York