Herbert S. Washer Joins Cahill

Cahill Gordon & Reindel LLP is pleased to announce that Herbert S. Washer has joined the firm as a partner in the litigation practice group. Mr. Washer joins Cahill with over two decades of experience representing clients in a wide variety of securities and antitrust-related civil litigation, as well as regulatory enforcement and criminal matters.

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Tags:  New York

White & Case Advises on the Pioneering US$392 Million Financing of the Rajasthan Concentrating Solar Power Project

Global law firm White & Case LLP advised the international lenders on the financing of Reliance Power’s Rs.21,745 million (US$392 million) Rajasthan Sun Technique solar power project in the state of Rajasthan, India. The financing for this project was provided by Asian Development Bank, FMO and US Ex-Im Bank, together with Indian commercial bank, Axis Bank.

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Davis Polk – Bunge Limited $600 Million Senior Notes Offering

Davis Polk advised Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and BNP Paribas Securities Corp. as joint book-running managers in connection with an SEC-registered offering by Bunge Limited Finance Corp., a wholly owned subsidiary of Bunge Limited, of $600 million principal amount of its 3.2% senior notes due 2017. The notes were fully and unconditionally guaranteed by the parent, Bunge Limited, a Bermuda company.

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Tags:  Davis Polk & Wardwell LLP | Sao Paulo

Davis Polk – PPL Capital Funding, Inc. $400 Million Senior Notes Offering

Davis Polk advised PPL Capital Funding, Inc. on its SEC-registered offering of $400 million aggregate principal amount of 4.2% senior notes due 2022, fully and unconditionally guaranteed by PPL Corporation (PPL). BNP Paribas Securities Corp., Goldman, Sachs & Co., J.P. Morgan Securities LLC and UBS Securities LLC acted as representatives of the several underwriters for the offering. PPL Capital Funding expects to loan the net proceeds from the sale of the notes to subsidiaries of PPL, which will use the funds for general corporate purposes.

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Tags:  Davis Polk & Wardwell LLP | New York

Freshfields Advises the London Metal Exchange on Its £1.388bn Acquisition by Hong Kong Exchanges & Clearing Limited

International law firm Freshfields Bruckhaus Deringer has advised LME Holdings Limited, the parent company of The London Metal Exchange Limited (the “LME”), on the £1,388bn recommended cash offer for its entire issued and outstanding ordinary share capital by a wholly- owned subsidiary of Hong Kong Exchanges & Clearing Ltd (“HKEx”) (the “Transaction”). The Transaction brings together the LME, the world’s leading non-ferrous base metals exchange trading venue with the leading operator of exchanges and clearing houses in Asia.

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Tags:  Freshfields LLP | Hong Kong

Pinsent Masons Grows Shanghai Practice

International law firm Pinsent Masons is strengthening its practice in China with the appointment of Dr. Bernd-Uwe Stucken and Liu Wei as partners, specialising principally in corporate, mergers and acquisitions, and commercial work. Bernd and Liu Wei will join the Shanghai office to grow practice expertise of inbound investment in Chinese manufacturing and technology business.

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Pinsent Masons Strengthens City Insurance Practice

International law firm Pinsent Masons has strengthened its full service insurance practice in the City with the appointment of a new Head of Insurance, Nick Bradley. Nick’s arrival from Lawrence Graham follows a successful period for Pinsent Masons’ insurance sector which grew by 20% during the last year.

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Clifford Chance Advises DIFC Investments in Securing a USD 1.035 Billion Islamic Syndicated Facility to Refinance its Sukuk

Clifford Chance advised DIFC Investments LLC (DIFCI) in securing a USD 1.035 billion Islamic syndicated facility to contribute towards financing in full the repayment of its USD 1.25 billion Sukuk maturing 13th June 2012. This is a landmark transaction in the history of the DIFC which further evidences the commitment of Dubai to meet its obligations in a timely manner.

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Tags:  Clifford Chance LLP | Dubai