Shearman & Sterling Advises on American Tower Corporation Notes Offering

Shearman & Sterling worked on an offering of investment grade notes of American Tower Corporation, a wireless and broadcast communications infrastructure company with a portfolio of over 45,000 communications sites, including wireless and broadcast towers located in the United States, Brazil, Chile, Colombia, India, Ghana, Mexico, Peru and South Africa. Shearman & Sterling represented the underwriters, led by J.P. Morgan and other joint bookrunning managers Citigroup, Mizuho Securities, Morgan Stanley and TD Securities, on the shelf takedown of $700 million of 4.70% Senior Notes due 2022. American Tower Corporation plans to use the proceeds to refinance the existing indebtedness it incurred under credit facilities, which have been used to fund recent acquisitions.

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Gregory G. Marshall, Former Deputy Chief of Criminal Division of D.C. U.S. Attorney’s Office, Joins Bradley Arant Boult Cummings as Partner

Bradley Arant Boult Cummings LLP is pleased to announce the expansion of its White Collar Criminal Defense practice group with the addition of Gregory G. Marshall as a partner in the firm’s Washington, D.C. office. Mr. Marshall spent 12 years with the U.S. Attorney’s Office in the District, and served for 20 months as Deputy Chief of its federal court Criminal Division.

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Clifford Chance advises selling shareholders Cinven and Warburg Pincus on Ziggo’s IPO

International law firm Clifford Chance advised selling shareholders Cinven and Warburg Pincus on the IPO of the Netherlands’ largest cable operator Ziggo N.V. on NYSE Euronext in Amsterdam. Ziggo’s ordinary shares offered in the IPO have been priced at €18.50 per ordinary share resulting in a market capitalization of €3.7 billion. The total offering size amounts to approximately €804 million.  This makes it the largest European IPO to be launched in almost a year and the largest in the Netherlands since 2009.

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Simpson Thacher Represents First Data Corporation in Refinancing

The Firm recently represented First Data Corporation (“First Data”) in steps designed to increase its flexibility and options to refinance and extend the maturities of its current capital structure. To effect these changes, First Data entered into an amendment with lenders under its existing senior secured credit facilities.  First Data also sold $845 million aggregate principal amount of additional 7.375% Senior Secured Notes due 2019 in reliance on Rule 144A and Regulation S.

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Tags:  Simpson Thacher & Bartlett LLP