The firm represented J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as representatives of the initial purchasers of $375 million of 6.125% Senior Notes due 2020 of Wolverine World Wide, Inc. The firm also represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with $1.1 billion in new senior credit facilities for Wolverine. The proceeds of the notes offering and borrowings under the new senior credit facilities were used to finance a portion of the acquisition of the Performance + Lifestyle Group business of Collective Brands, Inc. by Wolverine and repay certain indebtedness.

More >>

The Firm is representing CorpBanca S.A. (NYSE: BCA; BCS: CORPBANCA), Chile’s fifth-largest lender, in connection with its $1.28 billion agreement to acquire Helm Bank S.A. Following the acquisition, Helm Bank will become the sixth-largest bank in Colombia. An affiliate of CorpBanca signed an agreement with the owners of Helm Bank to purchase 91 percent of Helm Bank’s ordinary shares and will make an offer to minority holders to purchase the remaining shares. An affiliate of CorpBanca has also agreed to purchase 80 percent of Helm’s insurance unit for $17 million.

More >>

Davis Polk advised Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives in connection with the public offering of $2 billion aggregate principal amount of 0.85% notes due 2015, $3 billion aggregate principal amount of 2.7% notes due 2022 and $2 billion aggregate principal amount of 4.125% notes due 2042 by General Electric Company (GE).

More >>

Davis Polk advised the underwriters in connection with an initial public offering of 8,984,375 ordinary shares of Fleetmatics Group PLC (including 1,171,875 shares in respect of the exercise of the underwriters’ option to purchase additional shares) at $17.00 per share for gross proceeds of $152.7 million. Of those shares, FleetMatics sold 6,250,000 shares and the selling stockholders sold 2,734,375 shares. Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-running managers; and RBC Capital Markets, LLC, Stifel Nicolaus & Company and William Blair & Company, L.L.C. acted as co-managers for the offering. FleetMatics’s ordinary shares are traded on the New York Stock Exchange under the symbol “FLTX.”

More >>

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Urbi, Desarrollos Urbanos, S.A.B. de C.V., a leading housing developer in Mexico, in arranging a $105 million loan from the International Finance Corporation (IFC), a World Bank Group institution that assists the private sector, to support Urbi in the development of sustainable housing projects in Mexico.

More >>