Simpson Thacher recently represented Energy Future Intermediate Holding Company LLC (“EFIH”) and EFIH Finance Inc., direct, wholly-owned subsidiaries of Energy Future Holdings Corp. (“EFH Corp.”), formerly known as TXU Corp., in their issuance and sale of $800,000,000 aggregate principal amount of 11.750% Senior Secured Second Lien Notes due 2022.  The issuers intend to dividend a portion of the net proceeds from the offering to EFH Corp., and EFH Corp. intends to use the funds it receives from EFIH to repay a portion of certain inter-company demand notes.  The issuers intend to use the remaining net proceeds for general corporate purposes.

Davis Polk advised Limited Brands, Inc. in connection with its SEC-registered offering of $1 billion aggregate principal amount of 5.625% senior notes due 2022. The notes are guaranteed by certain subsidiaries of Limited Brands, Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. were the joint book-running managers.

Shearman & Sterling represented Bank of America Merrill Lynch and Credit Suisse as joint global coordinators and lead bookrunning managers and representatives of the several initial purchasers in connection with the offering by PetroBakken Energy Ltd. (PetroBakken) of $900 million aggregate principal amount of 8.625% notes due 2020.