Jones Day – Alfa Group Sells Its Interest in CTC Media

Jones Day represented Alfa CTC Holdings in connection with the $1.1 billion sale of its 25.1% beneficial interest in CTC Media, Inc. (CTC) to Telcrest Investments Limited. CTC, a NASDAQ-listed company (NASDAQ: CTCM), is Russia’s leading independent television broadcaster. Telcrest is a newly formed company owned by Mediaset LLC, National Media Group JSC, Abit Holdings Limited, OJSC Surgutneftegaz, and Itera Media Limited. Alfa agreed to the sale after MTG Russia, the largest shareholder of CTC, waived its rights under a right of first offer provision in the stockholders agreement among Alfa CTC, CTC, and MTG Russia.

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Simpson Thacher Represents Initial Purchasers in Inaugural $400 Million Debt Offering by Tupperware Brands Corporation

The Firm represented the initial purchasers, led by J.P. Morgan, HSBC and Wells Fargo Securities, in an offering of $400 million of 4.750% Senior Notes due 2021 by Tupperware Brands Corporation. The Notes are guaranteed on a senior secured basis by Tupperware’s wholly-owned subsidiary, Dart Industries Inc. The collateral securing the Guarantee consists of certain Tupperware® trademarks and service marks owned by Dart. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, and investors have the benefit of registration rights. The offering constituted Tupperware’s inaugural debt offering.

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Davis Polk – Yandex N.V. $1.4 Billion Initial Public Offering

Davis Polk advised Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. as representatives of the several underwriters in connection with the SEC-registered initial public offering of 57,391,493 of Class A shares of Yandex N.V. for an aggregate price to the public of approximately $1.4 billion. Yandex sold 16,940,000 Class A shares and certain selling shareholders sold 40,451,493 Class A shares, including an aggregate of 5,217,405 Class A shares sold by Yandex and the selling shareholders pursuant to an over-allotment option granted to the underwriters. The shares are listed on the Nasdaq Global Select Market under the symbol “YNDX.” The offering was the biggest technology IPO worldwide this year and the largest IPO of an Internet company since Google Inc.’s IPO in 2004.

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Paul Hastings Representing Equity LifeStyle Properties in $1.43 Billion Real Estate Portfolio Acquisition

Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it is representing Equity LifeStyle Properties, Inc. in connection with the company entering into purchase and other agreements with certain affiliates of Hometown America, L.L.C. to acquire a portfolio of 76 manufactured home communities located in 16 states and certain manufactured homes and loans secured by manufactured homes, for a stated purchase price of $1.43 billion.

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Shearman & Sterling Advises Underwriters in Connection with IPO of Kosmos Energy Ltd.

Shearman & Sterling represented Citigroup Global Markets Inc., Barclays Capital Inc. and Credit Suisse Securities (USA) LLC as joint book-running managers and BNP Paribas Securities Corp., SG Americas Securities, LLC, Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., Natixis Bleichroeder LLC, Jefferies & Company, Inc., RBC Capital Markets, LLC and Howard Weil Incorporated as co-managers in connection with Kosmos Energy Ltd.’s $594,000,000 initial public offering of 33,000,000 common shares. The shares are listed on the New York Stock Exchange under the symbol “KOS.”

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Milbank Represents Lenders in Financing of 660-MW Transmission Project

The international law firm Milbank, Tweed, Hadley & McCloy LLP, led by Jonathan Green, co-chair of the Firm’s Global Project Finance Group, represented institutional and bank lenders in the debt and equity financing of more than $850 million for construction of the 660-MW Hudson Transmission Project, an underwater transmission cable connecting New Jersey and Manhattan. The Hudson Project was developed by Hudson Transmission Partners LLC. Equity financing for the Hudson Project was provided by private equity funds managed by Energy Investors Funds and Starwood Energy Group Global, LLC. SG Americas Securities, LLC and RBS Securities, Inc. acted as placement agents for the financing.

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