Perkins Coie announced today that it has added four attorneys to its New York office. Ronald Sarubbi and Tina Moss join as Partners, Michael Fruchter as Of Counsel and Sean Connery as Associate in the firm’s Financial Transactions & Restructuring practice. Their practice focuses on representing banking institutions serving as indenture trustee and in related agency capacities in the area of corporate trusts. They join the firm from Pryor Cashman in New York.

Davis Polk advised Aetna Inc., as borrower, in connection with a new $1.5 billion senior five-year revolving credit facility. The facility may be used for general corporate purposes. JPMorgan Chase Bank, N.A. was the administrative agent and J.P. Morgan Securities Inc., Citigroup Global Markets Inc., and Merrill Lynch, Fenner and Smith Incorporated were the joint lead arrangers and joint bookrunners.

Shearman & Sterling is representing Mubadala Development Company, the Abu Dhabi-based strategic investment and development company, in its $2 billion investment in EBX Group of Brazil as part of a new strategic partnership.

The Firm represented AXIS Capital Holdings Limited in connection with a registered offering of 16,000,000 shares of 6.875% Series C Preferred Shares at a liquidation preference of $25 per share, representing $400,000,000 in aggregate liquidation preference, and a tender offer to purchase for cash any and all of its outstanding 7.50% Series B Preferred Shares.  AXIS intends to use the net proceeds from the offering to finance the tender offer and any remaining net proceeds for general corporate purposes, including to redeem in part its outstanding Series A Preferred Shares.