The Firm is representing Kohlberg Kravis Roberts & Co. L.P. (“KKR”) and the management of Unisteel Technology International Limited (“Unisteel”) in connection with the sale of Unisteel to SFS intec, a wholly owned subsidiary of SFS Group. The transaction is subject to customary closing conditions and is expected to be completed in the third quarter of 2012. Financial terms were not disclosed.
Tags: Simpson Thacher & Bartlett LLP | Hong KongSimpson Thacher represented the underwriters, led by Barclays Capital Inc., UBS Securities LLC and Wells Fargo Securities, LLC, in an offering of $400 million in aggregate principal amount of 6.20% Fixed-to-Floating Rate Subordinated Debentures due 2042 by Reinsurance Group of America, Incorporated (“RGA”).
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing First Reserve Corporation and SK Capital Partners in connection with the proposed acquisition of TPC Group Inc. (Nasdaq: TPCG) by investment funds sponsored by First Reserve and SK Capital for $40 per share. The transaction is valued at approximately $850 million, including net debt. The transaction is subject to the approval of TPC Group’s stockholders, antitrust clearances and other customary closing conditions, and is expected to close in the fourth quarter of 2012.
Tags: Simpson Thacher & Bartlett LLP | New York
In an expansion of its international project finance team, law firm Milbank, Tweed, Hadley & McCloy LLP has announced the addition of prominent energy and infrastructure lawyer Clive Ransome as a partner in the firm’s Global Project Finance Group, based in London.
Tags: Milbank LLP
Kaufman Dolowich Voluck & Gonzo LLP, a nationally recognized law firm, today announced the addition of Tad A. Devlin as a partner in its San Francisco office. He joins KDVG’s Insurance Coverage & Monitoring and Business Litigation practices.
Tags: Gordon Rees Scully Mansukhani, LLP
Elisabetta Aarts, attorney at law), is to join the energy practice group of Loyens & Loeff on 1 September 2012. Elisabetta Aarts advises and litigates on behalf of an extensive group of national and international clients in the energy sector in the framework of energy projects, energy contracts, M&A and financing transactions. Her arrival will strengthen Loyens & Loeff’s top position in the energy sector.
Tags: Loyens & LoeffJababeka International B.V., a unit of Indonesian industry-based township developer PT Kawasan Industri Jababeka Tbk., has on 26 July 2012 launched the issue of US$175 million senior guaranteed notes, to be used for (a) refinance and repay existing indebtedness under certain facility agreements; and (b) capital expenditure related to land acquisition and the development of that land.
Tags: Singapore
On August 22, Willkie client Sunrise Senior Living, Inc. announced that it has entered into a definitive merger agreement under which Health Care REIT, Inc. will acquire all of the outstanding common stock of Sunrise for $14.50 per share in an all-cash transaction valued at approximately $1.9 billion (including debt). The merger is expected to create one of the largest owners of nursing homes in the United States, Canada and Britain. Willkie attorneys assisted Sunrise in connection with the real estate aspects of the merger.
Tags: Willkie Farr & Gallagher LLP | New York
Clayton Utz is very pleased to announce the appointment of Natasha Davidson as a Director in its Corporate practice in Sydney, adding further depth to the firm’s leading Capital Markets and M&A practices.
Tags: Clayton Utz