Emerging-Companies Laywer Linda Lorenat Joins King & Spalding in Silicon Valley

Tuesday, March 17, 2015

In a continued expansion of its corporate practice in California, King & Spalding has recruited Linda Lorenat as a partner to its Silicon Valley office. Lorenat joins King & Spalding from Latham & Watkins, where she worked in the firm’s emerging companies practice. Lorenat’s arrival brings to seven the total number of partners in the firm’s corporate practice in its Palo Alto and San Francisco offices More >>

Tags:  King & Spalding LLP | Silicon Valley

Cravath – Actavis Funding SCS’s $21 Billion Registered Fixed and Floating Rate Notes Offering

Tuesday, March 17, 2015

Cravath represented the underwriters, led by J.P. Morgan Securities, Mizuho Securities, Wells Fargo Securities, Barclays, BNP Paribas, HSBC, MUFG, RBS, SMBC Nikko and TD Securities, in connection with the US$21 billion registered fixed and floating rate notes offering of Actavis Funding SCS, an indirect wholly owned subsidiary of Actavis plc, a global specialty pharmaceutical company. Proceeds of the offering were used to finance the acquisition of Allergan, Inc. by Actavis. The transaction, which closed on March 12, 2015, was the second largest corporate debt issuer offering to date More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Cooley Adds Leading Life Sciences Partners in London

Tuesday, March 17, 2015

Cooley is enhancing its life sciences corporate group with the arrival of London-based partners John Wilkinson and Nicola Maguire. Wilkinson and Maguire, who have worked together for many years, join from Reed Smith. They are among the first partner additions to Cooley’s London office since its 20-partner January launch More >>

Tags:  Cooley LLP | London

Willkie Represents Lenders and Anchor Investors in Vivarte’s €2.5 Billion Restructuring

Monday, March 16, 2015

Deal marks the largest-ever fully consensual lender-led restructuring in France

Willkie represented members of the ad hoc lender committee and anchor investors as part of the financial restructuring of the French fashion retailer Vivarte, marking the largest-ever fully consensual French restructuring. The restructuring involved a debt for equity swap/write off of €2 billion and a €500 million infusion of new money. More >>

Tags:  Willkie Farr & Gallagher LLP | Paris

Simpson Thacher Advises the Underwriters on Berkshire Hathaway Inc.’s Inaugural €3 Billion Euro-Denominated Bond Offering

Monday, March 16, 2015

Simpson Thacher represented Deutsche Bank AG, London Branch, Goldman, Sachs & Co., Merrill Lynch International and Wells Fargo Securities International Limited in connection with Berkshire Hathaway Inc.’s first registered public offering of euro-denominated notes. Berkshire Hathaway Inc. (“Berkshire”) offered €3 billion aggregate principal amount of debt securities, consisting of €750 million of 0.75% Senior Notes due 2023, €1.250 billion of 1.125% Senior Notes due 2027 and €1 billion of 1.625% Senior Notes due 2035. The offering closed on March 16, 2015. The notes will be listed on the New York Stock Exchange. More >>

Tags:  Simpson Thacher & Bartlett LLP | New York