Latham & Watkins Advises Joint Lead Managers in the Largest USD Sukuk Offering, Setting a New Benchmark

Latham & Watkins represented the joint lead managers in the State of Qatar’s recent sovereign Sukuk. The US$4 billion offering, which was more than six times oversubscribed, included a record low profit rate of 2.1% for a five-year tranche and 3.24% for a 10-year tranche. The sale is also the largest US dollar-denominated Sukuk issuance to date.

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Tags:  Latham & Watkins LLP | Dubai

Paul Hastings Advises Samsung Electronics on Its US$310 Million Acquisition of Handset Connectivity and Location Development Operations from London-listed CSR

Paul Hastings, a leading global law firm, announced today that it is representing Samsung Electronics Co., Ltd., (“Samsung Electronics”) a world leader in advanced semiconductor solutions, on its acquisition of handset connectivity and location development operations of, and its license of related technology from, CSR plc (“CSR”), a UK-listed and headquartered provider of multi-function semiconductor platforms.

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Tags:  Paul Hastings, LLP | Hong Kong

Paul Hastings Advises BAML as Special Counsel in Financing of Cogeco Cable Inc.’s Acquisition of Atlantic Broadband

Paul Hastings LLP, a leading global law firm, announced today that the firm acted as special communications counsel to Bank of America Merrill Lynch (BAML) in connection with its role as sole lead arranger for the committed debt financing of, telecommunications corporation, Cogeco Cable Inc.’s agreement to acquire Atlantic Broadband, an independent cable system operator serving about 252,000 basic video customers providing Analog and Digital Video, as well as High Speed Internet (HSI) and telephony services.

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Tags:  Paul Hastings, LLP

Akin Gump Advises Emerging Capital Partners on Java House Acquisition

Akin Gump Strauss Hauer & Feld LLP served as legal counsel to Emerging Capital Partners (ECP), the first private equity group to raise more than $1.8 billion for investment in companies across the African continent, in its majority-stake investment in Java House Nairobi, Kenya’s leading café and casual dining restaurant operator. This transaction is the first private equity transaction in the restaurant sector in East Africa. ECP’s capital will be used to expand Java House Nairobi’s operations and the number of locations around Kenya and the broader East African region.

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Tags:  Akin Gump Strauss Hauer & Feld LLP