Dewey & LeBoeuf has represented Citibank, N.A. as depositary receipts servicer and Citigroup Global Markets Deutschland AG as depositary on OJSC PhosAgro’s US$538 million initial public offering (IPO) in the form of shares and global depositary receipts on the London Stock Exchange (LSE).
Morgan Lewis Serves as Co-Counsel to BHP Billiton on $12.1 Billion Acquisition of Petrohawk
BHP Billiton and Petrohawk Energy Corporation (“Petrohawk”) announced late yesterday that the companies have entered into a definitive agreement for BHP Billiton to acquire Petrohawk for $38.75 per share by means of an all-cash tender offer for all of the issued and outstanding shares of Petrohawk, representing a total equity value of approximately $12.1 billion and a total enterprise value of approximately $15.1 billion, including the assumption of net debt. Morgan Lewis served as co-counsel to BHP Billiton, along with Sullivan & Cromwell.
Tags: Morgan, Lewis & Bockius LLP | Houston 
Baker & McKenzie Advises on Thailand’s Inaugural Inflation-Linked Bonds
A cross-office Baker & McKenzie team acted as Thai and US law counsel to the joint underwriters – The Hongkong and Shanghai Banking Corporation Limited (Bangkok Branch), Krung Thai Bank Public Company Limited, The Siam Commercial Bank Public Company Limited and KASIKORNBANK Public Company Limited – in connection with the issuance of 10-year 1.2% inflation-linked bonds (the “Bonds”) by the Ministry of Finance of Thailand.
Tags: Baker McKenzie 
White & Case Advises on Major Project Financing in the Turkish Merchant Power Market—US$700m Term Loan Facility and US$80m Letter of Guarantee Facility
Global law firm White & Case LLP has advised the Turkish lead arrangers — Yapi ve Kredi Bankasi A.Ş., Türkiye İş Bankasi A.Ş., Vakiflar Bankasi T.A.O. and Türkiye Garanti Bankasi A.Ş. — in connection with a term loan facility of US$700 million and a letter of guarantee facility of US$80 million to project finance the development and operation of a gas fired combined cycle power (CCGT) plant of 865 MW within the Kocaeli-Gebze VI IMES OIZ industrial zone in Gebze, Republic of Turkey.
Tags: White & Case LLP 
Shearman & Sterling Obtains Bankruptcy Court Approval for $7 Billion GSC Group Asset Sale
Shearman & Sterling recently obtained Bankruptcy Court approval for a sale of $7 billion in investment assets of money manager GSC Group, Inc. and its affiliates. GSC manages assets in the United States and Europe but filed for chapter 11 protection in early 2010 when it was unable to refinance its debt following the global financial crisis. Shearman & Sterling partner James L. Garrity, Jr. was appointed as Chapter 11 Trustee in January of 2011 in the wake of an aborted sale process that broke down amidst accusations concerning breaches of fiduciary duties and conflicts of interest among GSC’s senior management.
Tags: Shearman & Sterling LLP | New York 
Husch Blackwell Continues Strategic Denver Expansion with Addition of 24 Attorneys
Husch Blackwell announced that it has added 24 attorneys to its Denver office today. The addition brings to 41 the total count of Husch Blackwell attorneys in Denver.
Tags: Husch Blackwell LLP | Denver 
DLA Piper Represents JBIC on a US$1.5 Billion Structured Financing Facility to Venezuela’s National Oil Company
DLA Piper announced it has advised Japan Bank for International Cooperation (“JBIC”), Nippon Export and Investment Insurance (“NEXI”) and commercial bank lenders on a $1.5 billion advance pay structured financing facility to Venezuela’s national oil company, Petroleos de Venezuela S.A. (“PDVSA”) which was signed in Caracas on June 28.
Tags: DLA Piper | Tokyo 
Sidley Austin LLP Advises Western Union on its Acquisition of Travelex Global Business Payments
The London office of Sidley Austin LLP* has advised The Western Union Company on its acquisition of Travelex Global Business Payments division, a leading specialist provider of international business payments, for £606 million in cash. The transaction, which was signed in London on 5th July, is subject to regulatory approvals and the satisfaction of certain closing conditions, and is expected to complete in late 2011.
Tags: Sidley Austin LLP 
Simpson Thacher Represents Apax Partners, CPPIB and PSP Investments in $6.3 Billion Acquisition of Kinetic Concepts, Inc.
The firm is representing Apax Partners, Canada Pension Plan Investment Board and the Public Sector Pension Investment Board in their acquisition of Kinetic Concepts, Inc. (NYSE:KCI) for $68.50 per share in cash. The transaction is valued at approximately $6.3 billion, including KCI’s outstanding debt. The transaction, which is subject to customary closing conditions, including the approval of KCI’s shareholders and regulatory approvals, is expected to close in the second half of 2011.
Tags: Simpson Thacher & Bartlett LLP 
Freddie Mac General Counsel Robert Bostrom to Join SNR Denton as Co-Head of Financial Institutions and Funds Sector
In the latest growth move for its global capital markets, government investigations and regulatory platform, SNR Denton today announced that Robert Bostrom, executive vice president, general counsel and corporate secretary of Freddie Mac, is joining the firm as partner and co-head of its global Financial Institutions and Funds sector. Bostrom joined Freddie Mac in 2006 and directed its legal strategy through the financial crisis and recovery. He is scheduled to join the firm in mid-August.
Tags: Dentons 