Chadbourne & Parke represented FOVISSSTE in the successful placement of its twelfth mortgage loan portfolio securitization, known as TFOVIS, which amounted to US$439 million.
Tags: Mexico City
Davis Polk Advises on the Acquisition of Metl-Span by NCI Building Systems
Davis Polk advised Credit Suisse AG, Cayman Islands Branch as administrative agent and joint lead arranger of a $250 million term loan facility provided to NCI Building Systems, Inc. in connection with its acquisition of Metl-Span LLC. The term loan is secured on a crossing first-lien/second-lien basis with NCI Building System’s existing $150 million asset-based revolving credit facility. Proceeds from the term loan were used to finance acquisition costs.
Tags: Davis Polk & Wardwell LLP | New York
Reed Smith Adds Top Music Industry Lawyer From Grubman
Reed Smith LLP today announced the addition of Edward H. Shapiro as a partner in the firm’s New York office, joining Reed Smith’s growing Music Industry Practice.
Tags: Reed Smith LLP | New York
Mayer Brown JSM Advises Hanergy in Acquisition of Solibro from Q-Cells
Mayer Brown JSM is pleased to announce that it has advised Hanergy Holding Group Limited (Hanergy), the largest privately-owned clean-energy developer in China on its acquisition of Solibro, a manufacturer of copper indium gallium diselenide (CIGS) co-evaporation technology and thin-film unit of insolvent German solar group Q-Cells SE (QCE).
Tags: Mayer Brown LLP | BeijingMayer Brown Announces Partner Hire to Pensions Group in London
Mayer Brown, a leading global law firm, has appointed Andrew Block as a partner to the Pensions group in London. Andrew was previously a partner at Travers Smith, before that having worked and trained at Linklaters.
Tags: Mayer Brown LLP
Simpson Thacher Represents Underwriters in Offering of US$188 Million Principal Amount of Zero Coupon Convertible Bonds by Zhen Ding Technology Holding Limited
The Hong Kong office of the Firm represented the underwriters, led by Citibank Global Markets Limited, DBS Bank Limited, Merrill Lynch Far East Limited and Standard Chartered Bank, in the offering of US$188 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Zhen Ding Technology Holding Limited (“Zhen Ding”). Zhen Ding is a leading designer and manufacturer of printed circuit boards to leading brand name customers. The common shares of Zhen Ding are traded on the Taiwan Stock Exchange under the trading code “4958”. The Bonds are listed on the Singapore Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | Hong KongSimpson Thacher Represents Blackstone in $770 Million Industrial Portfolio Acquisition
The Firm represented affiliates of Blackstone Real Estate Partners VII in connection with its $770 million purchase from DEXUS Property Group, an Australian public company, of a portfolio of 68 industrial assets in the United States. The 68 assets are comprised of more than 120 buildings in 10 states, totaling over 16.5 million square feet of rentable area. The transaction is the largest single industrial real estate portfolio sale in the United States in 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Lightyear Capital in its Acquisition of FIS’ Healthcare Benefit Solutions Business for $335 Million
The Firm is representing an affiliate investment fund of Lightyear Capital LLC in its announced acquisition of the Healthcare Benefit Solutions business of FIS™ for $335 million. Benefit Solutions is a leading financial technology company providing benefits administration software as a service, multi-purse debit cards and transaction processing solutions for consumer directed healthcare accounts. The transaction is expected to close by the end of the third quarter of 2012, subject to required regulatory approvals and customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in $500 Million Debt Offering for Embraer
The Firm recently represented Citigroup Global Markets Inc., Itaú BBA USA Securities, Inc. and Morgan Stanley & Co. LLC as joint bookrunners in an SEC-registered offering by Embraer S.A of US$500 million of 5.150% Notes due 2022. The notes have been listed on the New York Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | Sao Paulo
LG&E Executive to Re-Join Frost Brown Todd
Frost Brown Todd announced today that John R. McCall, former executive vice president, general counsel, corporate secretary and chief compliance officer of LG&E and KU Energy, LLC is re-joining the firm’s litigation department as a member of the firm in early July 2012.
Tags: Frost Brown Todd LLP