The Firm represented Toys “R” Us, Inc. (“TRU”) in connection with its Rule 144A and Regulation S offering of $450 million aggregate principal amount of 10.375% Senior Notes due 2017. TRU intends to use the net proceeds of the offering to redeem its existing senior notes due 2013 and for general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented the underwriters, led by Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in connection with a public offering by FedEx Corporation of $500 million aggregate principal amount of 2.625% Notes due 2022 and $500 million aggregate principal amount of 3.875% Notes due 2042. The Notes are guaranteed by 10 subsidiaries of FedEx. The offering closed on July 27, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented the underwriters, led by Wells Fargo Securities, LLC, UBS Securities LLC and Nuveen Securities, LLC, in connection with the initial public offering of Nuveen Preferred and Income Term Fund (the “Fund”). The offering raised approximately $575 million, assuming full exercise of the underwriters’ option to purchase additional shares.
Tags: Simpson Thacher & Bartlett LLP | New York
Harris Beach has expanded its state wide Educational Institutions Industry Team with the addition of attorney Joanna L. Silver, who is well-known for her higher education practice in the metropolitan New York and tri-state area. Ms. Silver has joined Harris Beach as a partner in the firm’s New York City office.
Tags: Harris Beach PLLC | New York
Lathrop & Gage LLP announced today that Gregory P. Casimer and John T. Gutkoski have joined the firm as partners in its rapidly-growing Chicago and Boston offices, respectively. Both will concentrate their practices in intellectual property litigation.
Tags: Lathrop GPM LLP
Orrick, Herrington & Sutcliffe LLP has represented OCI Solar Power LLC, a subsidiary of South Korean chemical producer OCI Co. Ltd, in negotiating what will become the largest municipal solar installation in the United States with CPS Energy, San Antonio’s municipal utility. The transaction involved a complex mix of economic development requirements and incentives and development of renewable energy projects.
Tags: Orrick, Herrington & Sutcliffe, LLP | Hong Kong
Holland & Knight today announced that Charles A. Weiss has joined the firm as a partner and head of its New York Intellectual Property Group. This hire is an important step in the firm’s commitment to grow and strengthen its New York office.
Tags: Holland & Knight LLP | New York
Paul Hastings LLP, a leading global law firm, announced today that the firm is representing Grupo Petrotemex, S.A. de C.V., a Mexico-based leading petrochemical company specializing in the manufacturing of polyester-related raw materials, in connection with the successful cash tender offer for $275 million, and consent solicitation to amend the provisions, of Petrotemex’s 9.5% Senior Notes due 2014, issued in 2009.
Tags: Paul Hastings LLP | New York
On July 30, 2012, Unilever announced that it has signed a definitive agreement for the sale of its North American frozen meals business to ConAgra Foods, Inc. for a total cash consideration of $265 million. Cravath represented Unilever in connection with this transaction. Unilever’s North American frozen meals business consists of a full range of premium, multi-serve frozen entrees and appetizers under the well-known Bertolli and P.F. Chang’s brand names. The transaction is subject to regulatory review and expected to close in the third quarter of 2012.
Tags: Cravath, Swaine & Moore LLP | New York