Simpson Thacher Represents Initial Purchasers and Lenders in Financing Transactions Related to the Acquisition of Burger King Holdings, Inc. by 3G Capital

The firm represented J.P. Morgan Securities LLC and Barclays Capital Inc. as representatives of the initial purchasers of $800 million of 9.875% Senior Notes due 2018, the proceeds of which were used to finance a portion of the acquisition of Burger King Holdings, Inc. by private equity firm 3G Capital.  The Firm also represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with approximately $2.0 billion in new senior credit facilities for Burger King.

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Shearman & Sterling Advises on R&R Ice Cream’s €350 Million High Yield Offering and €60 Million Super Senior Revolving Credit Facility

Shearman & Sterling has acted as US, English, German and French counsel to Barclays Capital, Credit Suisse and HSBC, as initial purchasers in connection with R&R Ice Cream plc’s €350 million senior secured bond offering. Shearman & Sterling also acted as US, English, German and French counsel to Barclays Capital, Credit Suisse and HSBC, as mandated lead arrangers and lenders in connection with R&R Ice Cream plc’s €60 super senior revolving credit facility. The transactions closed on November 5.

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Orrick Represents StreamServe in its Acquisition by Open Text Corporation

Orrick, Herrington & Sutcliffe LLP recently represented long time client StreamServe Inc. in connection with its all cash merger with a wholly owned subsidiary of Open Text Corporation (NASDAQ: OTEX).  The transaction was completed on October 26, 2010, and is valued at approximately US$71 million, subject to customary purchase price and holdback adjustments.

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Orrick Represents SodaStream in IPO on Nasdaq

Orrick, Herrington & Sutcliffe LLP represented SodaStream International Ltd. in its initial public offering on the Nasdaq Global Select Market.  J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. acted as the joint bookrunning managers for the offering.  The estimated net proceeds to SodaStream, after deducting the underwriting discount and estimated offering expenses payable by the company, are US$98.9 million.

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Shearman & Sterling Advises on Enel Green Power, the Largest European IPO since 2008

Shearman & Sterling acted as US counsel to a consortium of 27 banks led by Banca IMI, Credit Suisse, Goldman Sachs International and Mediobanca as Joint Global Coordinators in connection with the initial offering by Enel, Italy’s largest electricity company, and concurrent listing of the ordinary shares of Enel Green Power. The transaction, which raised gross proceeds for approximately €2.264 billion, is the largest IPO in Europe since 2008. Enel Green Power has been included in the FTSE MIB as one of the 40 largest listed companies in Italy in terms of market capitalization.

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