Simpson Thacher Represents the Initial Purchasers in a $1.3 Billion Offering by Mitsui Sumitomo Insurance Company

Monday, March 19, 2012
The Tokyo office of the Firm recently represented the initial purchasers, led by Goldman Sachs International, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Nomura Securities International, Inc. in an offering of $1,300,000,000 7.00% Step-up Callable Subordinated Notes due 2072 by Mitsui Sumitomo Insurance Company, Limited.  The notes were sold to international investors outside of Japan in reliance on Rule 144A and Regulation S. The notes are listed on the Singapore Stock Exchange.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo

Simpson Thacher Represents Hop Hing Group in Acquisition of a Leading Fast Food Group in the PRC

Friday, March 16, 2012
The Hong Kong office of the Firm recently represented Hong Kong stock exchange-listed Hop Hing Group Holdings Limited (“Hop Hing Group”) (HKSE stock code: 47) in connection with its acquisition of Summerfield Profits Limited (“Summerfield”) . The purchase price of the acquisition is approximately US$450 million.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Winstead Welcomes John Arnold

Friday, March 16, 2012
John K. Arnold has joined Winstead PC and will work as a shareholder in the energy and environmental law practice group. Arnold is recognized as an expert in energy regulatory matters before the Texas Public Utility Commission and the Railroad Commission of Texas, as well as other state and federal agencies. He previously worked as a partner at Locke Lord LLP’s Houston Office.

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Tags:  Winstead PC | Houston

Shearman & Sterling Advises HSBC Bank on $500 Million Bridge Loan for Delek Drilling’s and Avner’s Leviathan Gas Field Development Costs and other Israel Offshore Expenditure

Friday, March 16, 2012
Shearman & Sterling has advised HSBC Bank Plc on a $500 million bridge loan for Israeli oil partnerships Avner Oil Exploration LP and Delek Drilling LP. The $250 million loan made to a wholly owned subsidiary of each partnership will help them fund their share of development costs in the Leviathan natural gas field and in other projects under development in the Mediterranean Sea offshore Israel in the Levantine Basin, and is secured against their rights to the Leviathan natural gas field.

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Tags:  Shearman & Sterling LLP

K&L Gates Advises on IPO of Abu Dhabi Managed Fund

Thursday, March 15, 2012
A team of lawyers from K&L Gates LLP’s Dubai office recently advised Deloitte Corporate Finance and Daniel Stewart & Company plc as nominated adviser and broker, respectively, on the London IPO of Qannas Investments Limited (QIL), a closed ended investment company managed by the UAE-based Abu Dhabi Capital Management Ltd.

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Tags:  K&L Gates LLP | Dubai