O’Melveny Represents Coller Capital in Final Closing of Coller VI at US$5.5 Billion

O’Melveny & Myers LLP advised long-term client Coller Capital on its successful fund-raising for Coller VI. The fund raised US$5.5 billion, which makes it the second largest secondaries fundraising ever. This complex matter was handled by a global O’Melveny team of lawyers in London, the U.S. and Asia, and led by London partner John Daghlian and counsel Daniel Quinn.

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Tags:  O'Melveny & Myers, LLP

Willkie Advises Alvarez & Marsal in Arctic Glacier’s Cross-Border Restructuring, US Court Approves $435 Million Company Sale

On July 17, it was announced that Winnipeg, Canada-based Arctic Glacier Inc. received approval for its $435 million purchase by Miami, Florida-based private equity firm HIG Capital LLC. On February 21, Arctic Glacier had initiated proceedings under the Companies’ Creditors Arrangement Act (CCAA) in the Court of Queen’s Bench, Manitoba, with U.S. affiliates of the packaged-ice producer filing for chapter 15 protection in Delaware bankruptcy court the following day. Willkie represents Alvarez & Marsal, the court-appointed Monitor in the Canadian CCAA proceedings and the foreign representative in the chapter 15 cases.

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Tags:  Willkie Farr & Gallagher LLP | New York

Simpson Thacher Represents the Initial Purchasers in US$3 Billion Senior Debt Offerings by Sumitomo Mitsui Banking Corporation

The Firm recently represented the initial purchasers in connection with the offering of US$3 billion of Senior Bonds in three tranches due 2015, 2017 and 2022 by Japan’s Sumitomo Mitsui Banking Corporation, guaranteed by the bank’s New York branch. The Senior Bonds were offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. Goldman Sachs & Co., Citigroup Global Markets Inc., Barclays Bank PLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SMBC Nikko Capital Markets Limited were the Joint Lead Managers for the offering.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo