Simpson Thacher Represents Initial Purchasers in U.S.$750 Million Debt Offering by Comisión Federal de Electricidad of Mexico

The Firm represented BBVA, BNP PARIBAS and Citigroup, as initial purchasers, in connection with an offering of U.S.$750 million of 5.750% Notes due 2042 by Comisión Federal de Electricidad (Federal Electricity Commission) of Mexico, which is known as CFE.  The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933.  According to press reports, the offering achieved the lowest-ever interest rate for a 30-year debt security issued by a Mexican governmental or government-related issuer.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Sidley Austin LLP Opens Houston Office

Sidley Austin LLP today announced the opening of a Houston office, with the addition of seven partners coming from seven different firms in Houston. This is Sidley’s 18th office and represents a significant expansion of the firm’s service to energy-based clients. The mix of transactional, regulatory and litigation practices in the office mirrors the firm’s overall mix. The Houston team will work closely with firm colleagues around the globe, including the energy regulatory and environmental practices in the Washington, D.C. office.

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Tags:  Sidley Austin LLP | Houston

Sidley Austin LLP Opens Houston Office

Sidley Austin LLP today announced the opening of a Houston office, with the addition of seven partners coming from seven different firms in Houston. This is Sidley’s 18th office and represents a significant expansion of the firm’s service to energy-based clients. The mix of transactional, regulatory and litigation practices in the office mirrors the firm’s overall mix. The Houston team will work closely with firm colleagues around the globe, including the energy regulatory and environmental practices in the Washington, D.C. office.

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Tags:  Sidley Austin LLP | Houston

DLA Piper Opens Mexico City Office with Launch of Mexico Practice

DLA Piper today announced that it has opened an office in Mexico City with the addition of a 14-lawyer team from Thompson & Knight LLP.  This group is led by partners Carlos Valencia and Manuel Rajunov, who will serve as co-managing partners of the Mexico City office, and partners Miguel de Erice, Guillermo Uribe and Tatiana Escribano, as well as Dania Duncan as of-counsel and eight associates.

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Tags:  DLA Piper | Mexico City

Shearman & Sterling Advises on Reliance’s US$1 Billion Senior Notes Offering

Shearman & Sterling advised Citigroup Global Markets Inc., Banc of America Merrill Lynch, The Hongkong and Shanghai Banking Corporation Limited, UBS AG Singapore Branch and Barclays Bank PLC, as underwriters, in connection with the offering of US$1 billion in aggregate principle amount of 5.4% Guaranteed Senior Notes due 2022 of Reliance Holding USA, Inc. (Reliance), a wholly owned subsidiary of Reliance Industries Limited (RIL). The Notes are guaranteed by RIL.

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Tags:  Shearman & Sterling LLP | Hong Kong

David M. Hryck, Jeffrey S. Korenblatt and David A. Mason Join SNR Denton’s Global Tax Practice

SNR Denton announced today that David M. Hryck, Jeffrey S. Korenblatt and David A. Mason will be joining the firm’s Tax practice as partners, Sheila Geraghty will join as counsel and Marina Makanova will join as a project director. Hryck will assume a leadership role as US Head of International Tax. Hryck, Mason, Geraghty and Makanova will reside in New York and Korenblatt will reside in Washington, DC.

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Tags:  New York