Simpson Thacher represented Talanx Aktiengesellschaft (“Talanx”) as U.S. counsel in connection with its initial public offering of ordinary shares in Germany and Luxembourg and simultaneous Rule 144A and Regulation S offering. The offering raised approximately €517 million (approx. $674 million).
Tags: Simpson Thacher & Bartlett LLP
Cahill represented Bank of America, as administrative agent, in connection with a new $2,000,000,000 revolving credit facility for HCA, Inc. that replaced HCA’s existing revolving credit facility.
Tags: Cahill Gordon & Reindel LLP | New York
Shearman & Sterling has secured another legal victory for client The Dow Chemical Company in a ruling related to the record $2.1 billion ICC arbitral award announced in May 2012.
Tags: Shearman & Sterling LLP | New York
Davis Polk advised Morgan Stanley & Co. LLC and Barclays Capital Inc. as joint book-running managers on a Rule 144A/Regulation S offering by Nuance Communications, Inc. of $350 million aggregate principal amount of its 5.375% senior notes due 2020. The notes reopen a prior offering of $700 million principal amount of notes in August 2012.
Tags: Davis Polk & Wardwell LLP | New York
Osborne Clarke, the international law firm with an annual turnover of €150m, is about to open a new office in Hamburg. The office brings the firm’s sector expertise to a city that is Northern Europe’s most important economic centre and the gateway to Scandinavia, Russia and the Baltic regions.
Tags: Osborne Clarke | Germany
International law firm Reed Smith (known in Hong Kong as Reed Smith Richards Butler) today announced the appointment of new partner Jason Toms to its global shipping group in Hong Kong. Jason joins with associate Joyce Cheung and both will join the firm’s Hong Kong office from Stephenson Harwood Hong Kong.
Tags: Reed Smith LLP | Hong Kong
Willkie recently represented MetLife, Inc. in the remarketing of (i) $500 million aggregate principal amount of its 1.756% Series C Senior Component Debentures, Tranche 1 and (ii) $500 million aggregate principal amount of its 3.048% Series C Senior Component Debentures, Tranche 2. The Series C Debentures were originally issued in November 2010 as $1 billion aggregate principal amount of Series C Senior Debentures due 2023, which formed part of MetLife’s 40 million Common Equity Units, with an aggregate stated amount at issuance of $3 billion.
Tags: Willkie Farr & Gallagher LLP | New York
Covington & Burling served as ERISA counsel to Verizon Communications Inc. on its transfer of $7.5 billion in pension liabilities to The Prudential Insurance Company of America.
Tags: Covington & Burling LLP
The global law firm Jones Day has announced that Chris Swift has joined as a partner in the Mergers & Acquisitions Practice. Formerly a partner with Allen & Overy, Mr. Swift will be based in the Firm’s Hong Kong Office.
Tags: Jones Day | Hong Kong
Höegh LNG and Perusahaan Gas Negara (PGN) have signed terms for the LNG Floating Storage and Regasification Unit (“FSRU”) and mooring to form an offshore LNG receiving terminal offshore Labuhan Maringgai, in the Lampung province, at the south east coast of Sumatra, Indonesia.
Tags: Baker Botts L.L.P. | Hong Kong