Milbank Acts on Two Philippine Perpetual Capital Securities Offerings

The international law firm Milbank, Tweed, Hadley & McCloy LLP recently advised on two significant international capital markets transactions in the Philippines involving International Container Terminal Services, Inc. (ICTSI) and SMC Global Power Holdings Corp. (SMC Global Power). The two transactions, both completed in August, raised a total of US$750 million, signifying the country’s continuing strong position in the global capital markets despite recent challenging market conditions. More >>

Tags:  Milbank LLP | Hong Kong

James Mackler Joins Frost Brown Todd

Frost Brown Todd is pleased to announce the addition of member James E. Mackler. Mackler joins the firm’s growing Nashville office and regulated business practice, where he will specialize in advising businesses on the use of Unmanned Aircraft Systems (UAS), more commonly known as “drones.” He will work with clients on various regulatory and compliance elements of drone usage across a spectrum of industries, including agriculture, real estate, construction, video production, entertainment and surveying. More >>

Tags:  Frost Brown Todd LLP | Nashville

Goodwin Procter Advises Medical Properties Trust on Combined $1.5 Billion Financing Transactions

A cross-practice team of Goodwin attorneys recently advised Medical Properties Trust (MPT), a public healthcare REIT, on a series of financings in connection with MPT’s €700 million acquisition of a portfolio of 35 healthcare facilities from MEDIAN Kliniken, a leading provider of post-acute and acute rehabilitation services in Germany, and MPT’s pending $900 million acquisition of Capella Healthcare, a private owner of 13 acute care and specialty hospital facilities in U.S. states. More >>

Tags:  Goodwin Procter LLP | Boston | New York

Cravath – Cameron’s $14.8 Billion Acquisition by Schlumberger

Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at approximately $14.8 billion. Cravath represented Cameron in connection with this transaction. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share. More >>

Tags:  Cravath, Swaine & Moore LLP | New York