On March 16, Willkie client Teva Pharmaceutical Industries Limited announced that it has successfully priced a $750 million offering of senior notes. The debt offering, placed through one of Teva’s special purpose finance subsidiaries, consists of two tranches: $500 million of LIBOR+0.500% floating rate senior notes maturing in March 2014 and $250 million of 1.700% fixed rate senior notes also maturing in March 2014.
Tags: Willkie Farr & Gallagher LLPSalans Advises the EPISO Fund on €300M Mega Acquisition of an 80% Interest in VGP’s 6 Industrial Parks in the Czech Republic
Davis Polk – Windstream High-Yield Notes Offering and Concurrent Tender Offer
Davis Polk advised Citigroup Global Markets Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp., RBC Capital Markets, LLC and RBS Securities Inc. as joint book-running managers on a Rule 144A/Regulation S offering of $600 million aggregate principal amount of 7.50% senior notes due 2023 by Windstream Corporation. Advice is also being provided to Citigroup Global Markets Inc. and Wells Fargo Securities, LLC as joint dealer managers of a tender offer by Windstream Corporation to purchase outstanding notes previously issued by Windstream. The tender offer will be funded in part with the proceeds of the notes offering.
Tags: Davis Polk & Wardwell LLP White & Case Advises American Superconductor Corporation on its €190M Acquisition of The Switch Engineering Oy
Global law firm White & Case LLP has advised American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, on its €190 million acquisition of The Switch Engineering Oy, a power technologies company headquartered in Finland with substantial operations in China.
Tags: White & Case LLP Wragge & Co Secures Cross-Border Agreement for Chroma Therapeutics
Wragge & Co’s Life Sciences team has advised biotechnology company Chroma Therapeutics Ltd on a co-development and licensing agreement with biopharmaceutical company Cell Therapeutics Inc. (CTI).
Tags: Gowling WLG Mallesons Advises on Origin Energy’s $2.3B Equity Raising
Mallesons Stephen Jaques has acted on Origin Energy’s $2.3 bn entitlement offer, advising the underwriters JP. Morgan, Macquarie Capital Advisers and Merrill Lynch International (Australia).
Tags: King & Wood Mallesons Clayton Utz Advises Origin on Innovative $2.3B Entitlement Offer
Clayton Utz is the legal adviser to Origin Energy in its $2.3 billion pro rata renounceable entitlement offer announced to the market yesterday.
Clayton Utz’s national head of Equity Capital Markets, Stuart Byrne, led the Clayton Utz Equity Capital Markets team that advised Origin Energy on the transaction, with support from senior associate Richard Knott.
Tags: Clayton Utz Simpson Thacher Represents Underwriters in US$778.6M Secondary Offering of American Depositary Shares Representing Ordinary Shares of Ternium S.A.
Simpson Thacher represented J.P.Morgan Securities LLC, as global coordinator and joint bookrunner, and BTG Pactual US Capital Corp., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. Incorporated, as joint bookrunners, in connection with the public secondary offering of 21,628,728 American depositary shares representing ordinary shares of Ternium S.A. owned by Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas. Concurrently with the offering, Usiminas Europa A/S sold the remainder of its shares in Ternium S.A. to Ternium International Inc., a subsidiary of Ternium S.A., and Techint Holdings S.àr.l., the controlling shareholder of Ternium S.A., in a private transaction. The transaction closed on February 15, 2011, and the over-allotment option closed on February 18, 2011.
Tags: Simpson Thacher & Bartlett LLP Davis Polk Advises Digicel on Its Acquisition of Claro Jamaica and Sale of Digicel Honduras and El Salvador
Davis Polk is advising Digicel Group Limited on its agreement with América Móvil, S.A.B. de C.V. to acquire its Claro business in Jamaica and sell to América Móvil its businesses in El Salvador and Honduras. The completion of the transaction is subject to governmental and regulatory approvals in Honduras, El Salvador and Jamaica, among other conditions, and is expected to occur during the second quarter of 2011.
Tags: Davis Polk & Wardwell LLP Freshfields Advises Bridgepoint on the Acquisition of CABB
International law firm Freshfields Bruckhaus Deringer has advised Bridgepoint on the acquisition of CABB, a German global provider of fine and specialty chemicals and custom manufacturing solutions, from AXA Private Equity for an undisclosed sum.
Tags: Freshfields LLP 








