Shearman & Sterling Advises on Brown Shoe Company Inc.’s Private Placement of $200 Million High-Yield Notes

Shearman & Sterling represented the joint book-running managers, BofA Merrill Lynch and J.P. Morgan, in connection with a Rule 144A/Regulation S offering by Brown Shoe Company, Inc. (the “Company”) of $200 million aggregate principal amount of its 7⅛% Senior Notes due 2019, and the dealer-manager and solicitation agent, BofA Merrill Lynch, in connection with the Company’s concurrent tender offer and consent solicitation for any and all of its 8.75% Senior Notes due 2012 (the “2012 Notes”).

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Polsinelli Shughart Launches Dallas Office

Polsinelli Shughart PC expands its platform with the addition of a Dallas, Texas office. Polsinelli Shughart adds to its transactional practice by adding M & A attorneys in Dallas, the fourth largest metropolitan area in the United States.

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White & Case Advises Guaranty Trust Bank on US$500 Million Eurobond Issue

Global law firm White & Case LLP has reinforced its leading position in emerging markets advisory with the closing of Guaranty Trust Bank’s US$500 million Eurobond offering. The transaction is the first debt issue by a Nigerian corporate since the start of the crisis. White & Case advised Guaranty Trust Bank on the transaction, which was sold to US investors under Rule 144A and outside the US in reliance on Regulation S, and is listed on the London Stock Exchange.

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Davis Polk Advises Texas Instruments on $3.5 Billion Notes Offering

Davis Polk advised Texas Instruments Incorporated on its SEC-registered debt offering of $3.5 billion aggregate principal amount of notes, consisting of $1 billion of floating-rate notes due 2013, $500 million of 0.875% notes due 2013, $1 billion of 1.375% notes due 2014 and $1 billion of 2.375% notes due 2016. The transaction represents the first debt offering by Texas Instruments in nearly 12 years. The offering was made through an underwriting syndicate led by Morgan Stanley & Co. Incorporated, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Citigroup Global Markets Inc.

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Simpson Thacher Represents KKR in Magma Fincorp Investment

The Firm is representing Kohlberg Kravis Roberts & Co. in connection with a Rs. 4.4 billion (approximately US$97 million) investment by Zend Mauritius VC Investments Limited, a holding company controlled by funds advised by KKR (“Zend Mauritius”), and International Finance Corporation (“IFC”) in Magma Fincorp Limited (“Magma”).  Following the investment, Zend Mauritius will hold a 14.95% stake in Magma and IFC will have a 12.8% stake in the company.

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Freshfields Advises Terex on Public Tender Offer for Demag Cranes

International law firm Freshfields Bruckhaus Deringer is advising Terex Corporation, the US listed manufacturer of industrial machines and equipment, on a voluntary public cash tender offer launched by Terex Industrial Holding AG, an indirect wholly-owned subsidiary of Terex, for the outstanding share capital of Düsseldorf-based Demag Cranes AG, the listed German cranes and port automation technology manufacturer.

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Ashurst Advises Lamprell on US$336.1 Million Offer for MIS, Associated Rights Issue and New Credit Facilities

Ashurst is advising Lamprell plc on its US$336.1 million offer for Maritime Industrial Services (MIS), its US$225.1 million 3 for 10 rights issue and new US$305 million facilities agreement, the proceeds of which will in part be used to fund the acquisition of MIS. The rights issue is fully underwritten by J.P. Morgan Cazenove, Merrill Lynch International and HSBC Bank plc.

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Davis Polk – Rio Tinto $2 Billion Notes Offering

Davis Polk advised J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., RBS Securities Inc., Morgan Stanley & Co. Incorporated, RBC Capital Markets, LLC and SG Americas Securities, LLC as joint bookrunners and representatives of the underwriters on an SEC-registered offering by Rio Tinto Finance (USA) Limited of $2 billion aggregate principal amount of notes guaranteed by Rio Tinto plc and Rio Tinto Limited. The offering consisted of $700 million principal amount of 2.5% notes due 2016, $1 billion principal amount of 4.125% notes due 2021 and a reopening in an aggregate principal amount of $300 million of its 5.2% notes due 2040, issued on November 2, 2010.

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