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).
Tags: Shearman & Sterling LLP | New YorkCarter 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.
Tags: New York
Davis Polk is advising Baidu, Inc. on its acquisition of shares of iQiyi.com held by Providence Equity Partners. The definitive agreement was entered into on November 2, 2012, and the transaction is expected to close in the fourth quarter of 2012. Upon completion, Baidu will have a substantial majority stake in iQiyi.
Tags: Davis Polk & Wardwell LLP | Beijing
Hogan Lovells has been successful on behalf of BTA Bank in a significant milestone in one of the biggest fraud cases ever to come before the English courts
Tags: Hogan Lovells
Leading international law firm Norton Rose has announced that Michelle David, a pension law and employee benefits specialist, has joined its Johannesburg office as a director.
Tags: Norton Rose Fulbright
Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, in connection with the registered public offering by Block Financial LLC, a wholly-owned subsidiary of H&R Block, Inc., of $500 million aggregate principal amount of 5.50% notes due 2022 guaranteed by H&R Block.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented the underwriters, led by Morgan Stanley & Co. LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers, in connection with a public offering of 20,000,000 Depositary Shares, each representing a 1/40th interest in a share of 6.375% Non-Cumulative Perpetual Preferred Stock, Series A, par value $1 per share, with a liquidation preference of $1,000 per share, of Regions Financial Corporation. The Underwriters have the right to purchase up to an additional 2,000,000 depositary shares at the public offering price to cover over-allotments. The offering closed on November 1, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented SunGard Data Systems Inc. (“SunGard”) in connection with its Rule 144A and Regulation S offering of $1.0 billion aggregate principal amount of 6.625% Senior Subordinated Notes due 2019. SunGard used a portion of the proceeds from the offering to fund its cash tender offer (the “Tender Offer”) for any and all of its outstanding 10¼% Senior Subordinated Notes Due 2015 (the “2015 Notes”). SunGard will use the remaining proceeds for the repurchase or redemption of any 2015 Notes not purchased in the Tender Offer.
Tags: Simpson Thacher & Bartlett LLP | New YorkLaw firm Ashfords LLP has boosted its Commercial Litigation team further with the appointment of Partner Jonathan Sharp.
