Venable LLP announced that real estate finance attorney Michael Peskowitz has joined the firm’s New York office as a partner in its Real Estate Practice Group.
Tags: Venable LLP | New York
SNR Denton Recruits Partner Kenneth Wright for New York Office
Partner Kenneth A. Wright, Jr. has taken on a new legal job in SNR Denton’s New York office. Wright joins the capital markets group and brings a particular focus on public and private finance including securities, leasing, and distressed assets. The recruitment of the partner represents another major step in the growth of SNR Denton’s financial markets practice.
Tags: Dentons | New York
Davis Polk Advises Texas Instruments on $1.5 Billion Notes Offering
Davis Polk advised Texas Instruments Incorporated on its SEC-registered debt offering of $1.5 billion aggregate principal amount of notes, consisting of $750 million of 0.45% notes due 2015 and $750 million of 1.65% notes due 2019. The offering was made through an underwriting syndicate led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC.
Tags: Davis Polk & Wardwell LLP
Hogan Lovells Advises IFC and EBRD on Subscription for Shares in Credit Bank of Moscow for US$ 177 Million
Hogan Lovells has advised The International Finance Corporation (IFC), a member of the World Bank Group, and The European Bank for Reconstruction and Development (EBRD), the multilateral development bank, on their investment in Credit Bank of Moscow (open joint-stock company) (CBM) for a total of US$176 million. The investment will be made via subscription for newly issued ordinary shares giving IFC and EBRD a combined 15% stake in CBM. The deal was signed on 20 July 2012 and closed on 1 August 2012.
Tags: Hogan Lovells | MoscowHogan Lovells Advises New Hampshire Thrift Bancshares, Inc. in Acquisition of Nashua Bank
Hogan Lovells announced today that it has advised New Hampshire Thrift Bancshares, Inc in its acquisition of The Nashua Bank.
Tags: Hogan Lovells
Cahill – Universal Hospital Services Completes $425 Million Notes Offering
Cahill represented Barclays, BofA Merrill Lynch and RBC Capital Markets as joint book-running managers and Wells Fargo Securities and PNC Capital Markets LLC as co-managers in connection with the Rule 144A/Reg S offering of $425,000,000 7.625% Second Lien Senior Secured Notes due 2020 by Universal Hospital Services, Inc. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New York
Willkie Advises Level 3 in $775 Million Bond Offering
On August 1, Willkie client Level 3 Communications, Inc.announced that Level 3 Financing, Inc., its wholly owned subsidiary, has agreed to sell $775 million aggregate principal amount of its 7% Senior Notes due 2020 in a Rule 144A offering to qualified institutional buyers. The offering was completed on August 6.
Tags: Willkie Farr & Gallagher LLP | New YorkWillkie Represents Ventas in $275 Million Bond Offering
Willkie client Ventas, Inc., a leading healthcare Real Estate Investment Trust (REIT), recently announced that it has priced a public offering of $275 million aggregate principal amount of 3.25% Senior Notes due 2022 at 99.027% of principal amount. The notes are being issued by the company’s operating partnership, Ventas Realty, Limited Partnership, and a wholly owned subsidiary, Ventas Capital Corporation.
Tags: Willkie Farr & Gallagher LLP | New York
Latham & Watkins Advises Underwriters on IPO of Al Tayyar Travel Group
Latham & Watkins advised the underwriters, Samba Capital, Saudi Fransi Capital, AlJazira Capital and Saudi Hollandi Capital, in connection with the IPO of Al Tayyar Travel Group, a Saudi established travel services company. The transaction, which was five times oversubscribed, comprised an offer of 24,000,000,000 ordinary shares representing 30% of Al Tayyar Travel Group’s share capital to both institutional and retail investors in the Kingdom and is the largest IPO in Saudi Arabia so far this year.
Tags: Latham & Watkins LLP | Dubai
Drew & Napier Acted as Counsel to DMG & Partners Securities Pte Ltd in Connection with the S$110 Million Reverse Takeover of Ultro Technologies Limited
Drew & Napier acted for DMG & Partners Securities Pte Ltd (DMG), the financial adviser to Ultro Technologies Limited, in the acquisition (Acquisition) of the entire issued and paid-up share capital of Ley Choon Constructions and Engineering Pte Ltd for the consideration of S$110 million.
Tags: Drew & Napier LLC | Singapore