Milbank Represents Bank of America, N.A. in First Private Loan to the Brazilian State of Mato Grosso, Guaranteed by the Federal Government of Brazil

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Marcelo Mottesi and Alternative Investments partner Jay Grushkin, acted as special US counsel to Bank of America, N.A. as lender under a credit and guaranty agreement in the amount of $479 million, maturing in 2022, to the State of Mato Grosso, with a guaranty by the Federative Republic of Brazil.

More >>

Tags:  Milbank LLP | New York

Stamford Law Acts for F&N in S$8.8 Billion Takeover by Chareon Sirivadhanabhakdi

Stamford Law Corporation and Allen & Gledhill LLP are acting as legal advisers to Fraser and Neave, Limited (“F&N”) in the S$8.8 billion proposed takeover of F&N by TCC Assets Limited (“TCC Assets”). TCC Assets announced a mandatory general offer of S$8.88 per F&N share on 13 September 2012 after its shareholding in F&N, together with its concert parties, reached approximately 30.36% of the total issued F&N shares.

More >>

Tags:  Singapore

Davis Polk Advises Citigroup on the Acquisition of Its Stake in Morgan Stanley Smith Barney Holdings

Davis Polk is advising Citigroup in connection with the acquisition of a 14% stake in Morgan Stanley Smith Barney Holdings LLC (MSSB) by Morgan Stanley at an implied 100% valuation of $13.5 billion. Morgan Stanley and Citi have also reached agreement with respect to the purchase of Citi’s remaining 35% stake in MSSB no later than June 1, 2015, subject to obtaining the required regulatory approval.

More >>

Tags:  Davis Polk & Wardwell LLP | New York