Shearman & Sterling represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and RBC Capital Markets, LLC, as joint bookrunning managers, and CIBC World Markets Corp., Morgan Stanley & Co. LLC, RBS Securities Inc., UBS Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc. and Scotia Capital (USA) Inc., as co-managers, in connection with Teck Resources Limited’s US$2 billion offering of US$300,000,000 aggregate principal amount of 3.15% notes due 2017, US$700,000,000 aggregate principal amount of 4.75% notes due 2022 and US$1,000,000,000 aggregate principal amount of 6.25% notes due 2041. The notes are fully and unconditionally guaranteed by Teck’s wholly-owned subsidiary, Teck Metals Ltd.

Dewey & LeBoeuf has represented the Polish Ministry of State Treasury, as the selling shareholder, in the PLN 5.4 billion (US$1.97 billion) listing of Jastrzębska Spółka Węglowa S.A. (JSW) on the Warsaw Stock Exchange. The IPO is Poland’s largest listing to date in 2011.

Mayer Brown JSM is pleased to announce that it advised PT Indika Energy Tbk (INDY), a leading integrated Indonesian energy group, in connection with the exchange offer of up to US$185,000,000 of Indo Integrated Energy B.V.’s 8.50% Senior Notes due 2012 for Indo Energy Finance B.V.’s 7.00% Senior Notes due 2018, together with simultaneous consent solicitations for the 2012 Notes and Indo Integrated Energy II B.V.’s 9.75% Senior Notes due 2016 and new money issue of US$115,000,000.

Covington & Burling LLP represented Microsoft Corp. in the $4.5 billion winning bid in the auction of Nortel Networks Corporation’s 6000 patents and patent applications. A consortium of Microsoft and several other technology companies will share Nortel’s 4G wireless, data networking, optical, voice, Internet, service provider, semiconductors and other patent portfolios.

Walter Investment Management Corp. completed its acquisition of GTCS Holdings LLC (“Green Tree”)  on July 1, 2011 in a transaction valued at $1.065 billion.  Walter Investment  issued  approximately 1.8 million shares of common stock to the seller, assumed  approximately $20 million of existing Green Tree debt, issued $810  million of new debt and utilized cash on hand to effect the acquisition.  Green Tree, based in St. Paul, Minnesota, is a leading independent, fee-based business services company which provides high-touch, third-party servicing of credit-sensitive consumer loans.