Global law firm White & Case LLP is advising BofA Merrill Lynch, Barclays, Citi and Deutsche Bank as joint bookrunners as well as ten lead managers in connection with Nokia Corporation’s (“Nokia”) offering of EUR 750 million Senior Unsecured Convertible Bonds due 2017 convertible into ordinary shares of Nokia.
Tags: White & Case LLP
The global law firm Jones Day has announced that Doreen Davis has joined the Firm’s New York Office as a partner in the Labor & Employment Practice. She arrives from Morgan Lewis, where she was a partner in and national co-chair of the Labor-Management Relations and Labor Disputes Practice.
Tags: Jones Day | New York
Hunton & Williams (Thailand) Limited advised Krung Thai Bank PCL on its recent 35 billion baht (USD1.2 billion) rights offering. Krung Thai Bank (KTB:Bangkok) is the largest state-owned financial institution in Thailand. KTB’s first capital increase in 13 years and the largest ever by a Thai corporation, the share offering was the first by a Thai bank, or by any Thai issuer, under Rule 801 of the U.S. Securities Laws. It was successfully subscribed in full by the bank’s existing shareholders.
Tags: Hunton Andrews Kurth LLP
Paul Hastings, a leading global law firm, announced today that it represented Yuzhou Properties Company Limited (“Yuzhou Properties”), a leading property developer in China’s Fujian province listed on the Main Board of the Hong Kong Stock Exchange, on its issuance of senior notes in the aggregate principal amount of US$250 million.
Tags: Paul Hastings, LLP | Hong Kong
Akin Gump Strauss Hauer & Feld LLP acted as legal counsel to Kayne Anderson Capital Advisors in its sale of 19 student housing properties to American Campus Communities (ACC). The total value of the deal is $862 million.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkOneBeacon Insurance Group recently announced it will sell its runoff business to an affiliate of Bermuda-based Armour Group Holdings Ltd. for around $107 million, subject to regulatory approval. Certain legal entities will be transferred to Armour from OneBeacon including assets, liabilities and capital supporting the run-off business as well as certain elements of the runoff business infrastructure which includes staff and office space. As of September 30, 2012, the gross reserves associated with OneBeacon’s run-off business were in excess of $2.2 billion.
The Firm is representing McKesson Corporation (NYSE: MCK) in its announced acquisition of all outstanding shares of PSS World Medical, Inc. (NASDAQ: PSSI) for $29.00 per share in cash. The transaction, including the assumption of PSS World Medical’s outstanding debt, is valued at approximately $2.1 billion. The transaction is subject to customary closing conditions, including regulatory clearances and approval of PSS World Medical’s shareholders.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher recently represented Citigroup in connection with the offering by E.SUN Financial Holding Company, Ltd. of US$105 million global depositary shares. E.SUN is a leading financial holding company in Taiwan. Its common shares are traded on the Taiwan Stock Exchange under the trading code “2884”. The global depositary shares are listed on the Luxembourg Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong
International law firm Herbert Smith Freehills announced today that in early 2013 it will be opening an office in Conakry, the capital of Guinea in West Africa.
Tags: Herbert Smith Freehills LLP
The Dallas law firm of Shackelford, Melton & McKinley, LLP, is pleased to announce the addition of accomplished attorney David G. Mayer as a partner in the firm’s nationally prominent aviation practice.
Tags: Shackelford, Bowen, McKinley & Norton, LLP | Dallas