Bingham expanded its technology, life sciences and emerging growth company capabilities in Boston with the addition of Michael Barron as a partner in the Corporate Practice Group.
Baker & McKenzie Advises Banque Saudi Fransi on London-listed Sukuk Programme
Baker & McKenzie has advised Banque Saudi Fransi (BSF) in relation to the establishment and listing of its debut U.S. $2 billion sukuk programme. This is the first sukuk programme established by a Saudi bank to be listed on the London Stock Exchange. BSF is a full-service commercial bank in the Kingdom of Saudi Arabia and the groundbreaking London listing further diversifies the bank’s sources of funding.
Tags: Baker McKenzieBaker & McKenzie Advises as Lead Counsel on Yuexiu Real Estate Investment Trust’s Proposed Investment in Guangzhou International Finance Center
Baker & McKenzie is advising the Yuexiu Group, a long-standing client of the Firm, on the proposed investment by Yuexiu Real Estate Investment Trust (“Yuexiu REIT”) in Guangzhou International Finance Center (the “Property”).
Tags: Baker McKenzie | Hong KongBaker & McKenzie Advises Banque Saudi Fransi on First Sukuk Issue
Baker & McKenzie has advised Banque Saudi Fransi, Saudi Arabia’s fifth biggest bank by market capitalization, on its debut USD 750 million 2.947 per cent Trust Certificates due 2017 issued under its USD 2 billion Sukuk Programme. The Trust Certificates are to be listed on the London Stock Exchange.
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Ned Nashban and Daniel Rosenthal join Akerman Senterfitt’s Expanding Litigation Practice Group
Akerman Senterfitt today announced the expansion of its Litigation Practice Group with the additions of shareholders Ned Nashban and Daniel Rosenthal to the team in the firm’s Boca Raton office.
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Thomas Jensen Joins Holland & Hart’s Energy, Environment, and Natural Resources Practice
Holland & Hart LLP is pleased to announce the addition of Washington, D.C. partner Thomas Jensen to the firm’s Energy, Environment, and Natural Resources practice.
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Davis Polk – Molycorp, Inc. High-Yield Senior Secured Notes Offering
Davis Polk advised Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC as joint lead and book-running managers for the initial purchasers on a Rule 144A/Regulation S offering by Molycorp, Inc. of $650 million aggregate principal amount of its 10% senior secured notes due 2020. The notes are senior secured obligations of Molycorp and guaranteed by certain of Molycorp’s subsidiaries. A substantial portion of the proceeds from the offering will be used, together with cash on hand, to finance the previously announced pending acquisition of Neo Material Technologies Inc., with the remaining proceeds to be used for general corporate purposes. Pending the consummation of the acquisition, the proceeds of the offering have been deposited and are being held in an escrow account for the benefit of the holders of the notes. If the acquisition is not consummated, the proceeds will be used to redeem the notes.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Momentive Performance Materials Inc. $250 Million Senior Secured Notes Offering
Davis Polk advised J.P. Morgan Securities LLC as representative of the initial purchasers on Rule 144A/Regulation S offering of “1-1/2 lien” secured notes by Momentive Performance Materials Inc. (MPM) of $250 million aggregate principal amount of 10% senior secured notes due 2020. The notes offered by MPM are guaranteed on a senior secured basis by certain of its existing and future subsidiaries.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Province of Ontario $3.5 Billion Global Bond Offering
Davis Polk advised underwriters represented by CIBC World Markets Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. International plc in connection with the offering of $3.5 billion aggregate principal amount of 0.95% bonds due 2015, issued by the Province of Ontario.
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Locke Lord’s London Office Boosts International Insurance and Reinsurance Team with Additions of Partners Damian Cleary and Gavin Coull
International law firm Locke Lord has expanded its global insurance and reinsurance practice with the addition of two highly regarded lawyers in the insurance and reinsurance industry. Partners Damian Cleary and Gavin Coull have decades of experience in dispute and coverage-related aspects of non-marine and non-life property and casualty underwriting and claims, and the duo adds depth to the Firm’s capabilities in its well-established direct insurance and reinsurance groups.
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