Simpson Thacher Represents the Underwriters in $2.0 Billion Notes Offering by Bristol-Myers Squibb Company

The Firm represented the underwriters, led by Citigroup Global Markets Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, in connection with the public offering of $2.0 billion of debt securities of Bristol-Myers Squibb Company (“BMS”), consisting of $750,000,000 of 0.875% Notes due 2017, $750,000,000 of 2.000% Notes due 2022 and $500,000,000 of 3.250% Notes due 2042.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Underwriters in $1 Billion Debt Offering by FedEx Corporation

The 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.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Underwriters in $575 Million Initial Public Offering of Nuveen Preferred and Income Term Fund

Simpson 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.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Orrick Advises OCI Solar on $1 Billion Solar Installation Deal with CPS Energy

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.

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Tags:  Orrick, Herrington & Sutcliffe, LLP | Hong Kong

Paul Hastings Represents Grupo Petrotemex S.A. de C.V. in $275M Bond Buyback

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.

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Tags:  Paul Hastings LLP | New York