Davis Polk acted as special counsel to RBC Capital Markets, LLC, Morgan Stanley & Co. LLC and RBS Securities Inc. as joint book-running managers on an SEC-registered offering by Royal Bank of Canada of $2.5 billion aggregate principal amount of 1.2% covered bonds due 2017.
Tags: New York
Davis Polk Advises Mexichem on Its $1.15 Billion Notes Offering and Concurrent Tender Offer
Davis Polk advised Mexichem, S.A.B. de C.V. in connection with its offering of $750 million aggregate principal amount of 4.875% notes due 2022 and $400 million aggregate principal amount of 6.75% notes due 2042. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S. Davis Polk also advised Mexichem in connection with its concurrent tender offer for $350 million aggregate principal amount of its 8.75% senior notes due 2019, which were paid for with proceeds from the notes offering.
Tags: Davis Polk & Wardwell LLP | Sao Paulo
Paul Hastings Advises Paragon Biomedical, Inc. in Sale to Clinipace, Inc.
Paul Hastings LLP, a leading global law firm, announced today that the firm represented the shareholders of Paragon Biomedical, Inc., a full-service clinical research organization, in the successful sale of their shares to Clinipace, Inc., a digital contract research organization for emerging and mid-tier biopharmaceutical and medical device firms.
Tags: Paul Hastings, LLP | Los AngelesPaul Hastings Receives Official Approval to Open in Seoul
Paul Hastings, a leading global law firm, announced today that it received official approval to open an office in Seoul, Korea. The country’s Ministry of Justice approved the application today, and Paul Hastings will immediately file for registration with the Korean Bar Association.
Tags: Paul Hastings, LLP
Freshfields Strengthens US Litigation Team with New Partner Michael Lacovara
International law firm Freshfields Bruckhaus Deringer announces that Michael Lacovara, has joined the firm as a partner in its US litigation practice. Michael’s arrival further strengthens Freshfields’ already formidable roster of lawyers focusing on complex civil litigation in the US.
Tags: Freshfields LLP | New York
Freeborn & Peters Further Strengthens Its Bankruptcy Practice with Addition of Eugene J. Geekie, Jr. as Chair of the Bankruptcy Litigation Practice
Freeborn & Peters LLP is pleased to announce the continued growth of its Bankruptcy, Reorganization and Creditors’ Rights Practice with the addition of Eugene (“Gene”) J. Geekie, Jr., as a senior member of the team and as Chair of the Bankruptcy Litigation Practice.
Tags: Freeborn & Peters LLP
K&L Gates Advises The Carlyle Group on vwd group Takeover
Global law firm K&L Gates LLP is advising The Carlyle Group (Carlyle) on the proposed takeover of vwd Vereinigte Wirtschaftsdienste Aktiengesellschaft (vwd group). On September 18, 2012, Carlyle announced its decision to launch a voluntary takeover offer for all vwd group shares at €2.80 per share.
Tags: K&L Gates LLP
Willkie Advises Mueller Industries on $427 Million Repurchase Transaction
On September 24, Willkie client Mueller Industries, Inc. announced that it has repurchased 10,422,859 shares of Mueller common stock owned by Leucadia National Corporation at a negotiated price per share of $41.00, for an aggregate purchase price of over $427 million.
Tags: Willkie Farr & Gallagher LLP | New York
Simpson Thacher Represents Credit Suisse Securities (USA) LLC in Secondary Offering of Common Stock by RealPage, Inc.
Simpson Thacher represented Credit Suisse Securities (USA) LLC as the sole underwriter in connection with a registered secondary offering of 4 million shares of the common stock of RealPage, Inc. The offering closed on September 19, 2012 and resulted in gross proceeds to the selling stockholders of $99 million. Credit Suisse has an option to purchase an additional 600,000 shares from the selling stockholders to cover over-allotments. RealPage, Inc. is a leading provider of on-demand software solutions for the rental housing industry. RealPage’s shares are listed on the NASDAQ Global Select Market under the symbol “RP.”
Tags: Simpson Thacher & Bartlett LLPSimpson Thacher Represents Lightyear Capital in Establishing $950 Million Private Equity Fund
The Firm represented Lightyear Capital LLC (“Lightyear”) in connection with the establishment of its third private equity fund, Lightyear Fund III, L.P. (“Fund III”), with $950 million in capital commitments, surpassing its target of $800 million. Fund III will focus primarily on control investments in North America-based, middle-market companies across the financial services spectrum, including asset management, banking, brokerage, financial technology, insurance, and specialty finance.
Tags: Simpson Thacher & Bartlett LLP | New York