Reed Smith Extends Global High Tech Presence with Valley “Insider”

Friday, April 13, 2012
Reed Smith LLP, a leading international law firm, today announced the addition of general counsel and corporate executive Robert Stefanski as a partner in its Silicon Valley office. He is a member of the firm’s Corporate & Securities Group and joins its General Counsel Panel, extending his technology industry expertise to this unique group at Reed Smith.

More >>

Tags:  Reed Smith LLP

Davis Polk Adds Leading U.K. Tax Lawyer, Continues Build-Out of Top-Tier English Law Practice

Friday, April 13, 2012
Davis Polk today announced that Jonathan Cooklin, one of the U.K.’s most highly regarded tax lawyers, will join the firm as a partner in its London office. Mr. Cooklin’s addition continues the firm’s development of an elite English law team to complement its unsurpassed U.S. law practice in London and further expand its existing English law offerings in the key global markets of Hong Kong and São Paulo. Along with Simon Witty, one of London’s preeminent capital markets lawyers, Mr. Cooklin continues to expand the services Davis Polk can offer to clients in the U.K. and globally on complex securities, mergers and acquisitions and trans-border transactions.

More >>

Tags:  Davis Polk & Wardwell LLP

Simpson Thacher Represents Initial Purchasers in US$1 Billion Debt Offering by Samsung Electronics America, Inc. Guaranteed by Samsung Electronics Co., Ltd.

Friday, April 13, 2012
Simpson Thacher recently represented Citigroup Global Markets Inc., Goldman Sachs International, J.P. Morgan Securities LLC, Merrill Lynch International and Samsung Securities Co., Ltd. as initial purchasers, in connection with an offering of US$1 billion aggregate principal amount of 1.75% Notes due 2017. The notes were issued by Samsung Electronics America, Inc., a U.S. subsidiary of Samsung Electronics Co., Ltd. (“Samsung Electronics”), and are guaranteed by Samsung Electronics. Samsung Electronics, in its first overseas bond offering in recent years, offered a record amount in the global market with yields being paid to bondholders falling lower than that for the South Korean government debt, the first Korean company to do so. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Simpson Thacher Represents Initial Purchasers and Lenders in Refinancing Transactions by United Surgical Partners International, Inc.

Friday, April 13, 2012
The Firm recently represented the initial purchasers, led by Barclays Capital Inc., in connection with the issuance by USPI Finance Corp. (“USPI Finance”) of $440 million aggregate principal amount of 9.000% senior notes due 2020. The notes were assumed by United Surgical Partners International, Inc. (“USPI”), an affiliate of USPI Finance. Simpson Thacher also represented J.P. Morgan Chase Bank, N.A. and the other lenders in connection with an amendment of USPI’s existing senior secured credit facility to, among other things, extend the maturity of certain of its term loans, add a new tranche of term loans and refinance the existing revolving credit facility. The amended senior secured credit facility will provide for senior secured financing of up to $958.2 million.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York