Appleby acted as Cayman counsel for Wison Engineering Services Co. Ltd., a Shanghai-based engineering company, in relation to its listing on the Main Board of the Hong Kong Stock Exchange by way of a global offer on 28 December 2012, with net proceeds of approximately HK$1,360.2 million.
Tags: Appleby | Hong Kong
Pearson, the world’s leading learning company, is today announcing a strategic investment in NOOK Media, LLC, a new company consisting of Barnes & Noble’s digital businesses including its NOOK e-reader and tablets, the NOOK digital bookstore and its 674 college bookstores across America. Pearson will invest $89.5 million in cash in NOOK Media, gaining a five per cent equity stake.
Tags: Morgan, Lewis & Bockius LLP | New York
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cequel Communications Holdings I, LLC, which does business as Suddenlink Communications, in connection with its $1.0 billion offering of Senior Notes. Cequel intends to use the proceeds from the sale of the notes to, among other things, refinance certain of its outstanding debt.
Tags: Paul Hastings, LLP | New YorkPaul Hastings LLP, a leading global law firm, announced today that the firm represented middle market private equity firm GI Partners acquire a San Diego data center and office building leased to American Internet Services and San Diego Gas & Electric Co.
Tags: Paul Hastings, LLP | San FranciscoPaul Hastings LLP, a leading global law firm, announced today that the firm represented Morgan Stanley, as administrative agent and lead arranger, in connection with $190,000,000 senior secured term and asset-based revolving credit facilities, the proceeds of which at closing were used to finance Cerveceria Costa Rica, S.A.’s purchase of substantially all of the outstanding equity interest of North American Breweries Holdings, LLC through CCR American Breweries Inc.
Tags: Paul Hastings, LLP | New York
Morgan & Morgan advised Wells Fargo Bank, National Association (Wells Fargo), in their role as investor in a new diversified payment rights program, comprising of the securitization of future funds flows as represented by payment orders (called Diversified Payment Rights or DPRs) for the amount of US$100 million, to be established by Banco General, S.A. in the Republic of Panama.
Tags: Morgan and Morgan, P.A.
A team of Loeb & Loeb LLP attorneys represented Beijing-based Fushi Copperweld, Inc., in a $366 million management buyout by its Chairman and Co-Chief Executive Officer and affiliated entities. Under the terms of the deal, which closed on December 27, 2012, all Fushi shareholders who were not members of the buyout group received $9.50 in cash for each share of Fushi common stock. As a result of the buyout, Fushi is now a privately-held company.
Tags: Loeb & Loeb LLP | Beijing
SRZ advised BAWAG P.S.K. and its controlling shareholder, Cerberus Capital Management LP and its affiliates, on BAWAG’s €200 million capital increase as well as its recapitalization to conform to the anticipated new Basel III regulatory environment. BAWAG, which stands for Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft, is one of Austria’s leading banks.
Tags: Schulte Roth & Zabel LLP | New York
International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Project Finance partner Allan T. Marks and colleagues Jon Reiter, Adam Bloom and Thomas Quirxtner represented the bond purchasers in the financing of the water and wastewater facility in Rialto, California. The financing totaled approximately $177 million.
Tags: Milbank LLP | Los Angeles
The Firm recently acted as both United States and Hong Kong counsel to Zoomlion H.K. SPV Co., Limited, a company incorporated in Hong Kong (the “Issuer”), and its parent, Zoomlion Heavy Industry Science and Technology Co., Ltd., a joint stock company incorporated in the People’s Republic of China which common shares are listed on the Hong Kong Stock Exchange and the Shenzhen Stock Exchange (the “Parent”), in connection with the offering and sale of US$600 million aggregate principal amount of 6.125% Senior Notes due 2022 of the Issuer (the “Notes”). The Notes are unconditionally guaranteed by the Parent on a senior basis. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, as amended. The Notes were rated BB+ and BBB- by S&P and Fitch, respectively, and contained only investment-grade covenants. The Notes are listed and quoted on the Singapore Exchange Securities Trading Limited.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong