The Firm represented TransUnion Holding Company, Inc. (the “Company”) in connection with a 144A/Regulation S offering of $400 million 8.125%/8.875% Senior PIK Toggle Notes due 2018. The net proceeds of the offering were used to pay a one-time dividend to the Company’s shareholders. The Firm also represented the Company in the concurrent consent solicitation to amend the indenture governing the Company’s existing notes to permit the dividend.
Tags: Simpson Thacher & Bartlett LLP | New York
Barnes & Thornburg LLP announced today that David B. Ritter has joined the firm’s Chicago office as a partner in the Labor & Employment Law Department. Ritter previously chaired the Labor & Employment practice group at Neal, Gerber & Eisenberg LLP, where he also served on the firm’s Executive Committee.
Tags: Barnes & Thornburg LLPChadbourne & Parke represented Credit Suisse and HSBC as initial purchasers of Sabine Pass LNG’s $420 million Senior Secured Notes due 2020. Chadbourne also represented Credit Suisse as dealer/manager in connection with a concurrent $550 million tender offer for the Company’s outstanding 7.25% Senior Secured Notes due 2013. Sabine Pass LNG is an indirect wholly-owned subsidiary of Cheniere Energy Partners, L.P.
Tags: New YorkKatten Muchin Rosenman UK LLP announced today that UK financial services regulatory attorney Tim Aron has joined the firm as an English qualified partner. Tim specialises in the regulation of financial services firms, clearing houses and trading platforms and advises on the full range of regulatory matters. His clients have included clearing houses, trading platforms, banks, insurers, and securities and commodity broker-dealers.
Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC, in connection with CSX Corporation’s public offering of $800 million aggregate principal amount of 4.100% Senior Notes due 2044. The proceeds of the offering will be used for general corporate purposes.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling is advising a consortium led by Japanese company Sumitomo on the development of the €150 million Dorper wind farm on South Africa’s Eastern Cape. Financing for the project was signed on October 31 and the offtake agreement with Eskom Holdings SOC Limited, a South African-owned utility company, on November 5 2012.
Tags: Shearman & Sterling LLP
Davis Polk advised PepsiCo, Inc. on its registered offering of £500 million aggregate principal amount of 2.5% senior notes due 2022. Deutsche Bank AG, London Branch, HSBC Bank plc and UBS Limited acted as joint book-running managers for the offering.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Ingram Micro Inc. and Ingram Funding Inc. in amending Ingram Micro’s revolving trade account receivable-backed financing program. Amending this financing program will extend its maturity date to November 1, 2015, will increase the financing program’s limit to $675 million with permitted future increases of up to $900 million, and make other changes to permit future inclusion of foreign obligor receivables and to adjust the dilution reserve applicable to the receivables pool. The Bank of Nova Scotia will serve as the new administrative agent under the amended financing program.
Tags: Davis Polk & Wardwell LLP | New York
Skadden represented Rosetta Stone in settling its trademark infringement suit against Google, announced on October 31.
Tags: Skadden, Arps, Slate, Meagher & Flom LLPSkadden represented Corning Incorporated in securing antitrust approvals of its $730 million acquisition of Becton, Dickinson and Company’s Discovery Labware division.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP