Cravath represented the initial purchasers, led by Credit Suisse, J.P. Morgan Securities, BofA Merrill Lynch, Barclays, Citigroup and Goldman, Sachs & Co., in connection with the US$2.1 billion and €360 million 144A/Reg. S high‑yield senior debt offering of The Chemours Company related to its proposed separation from E. I. du Pont de Nemours and Company. Cravath also represented Credit Suisse and J.P. Morgan Securities in their third‑party tender offer for US$500 million aggregate principal amount of DuPont bonds and their subsequent debt‑for‑debt exchange with DuPont for Chemours notes. In addition, Cravath represented J.P. Morgan Securities, Credit Suisse, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, Barclays, HSBC and RBC, as joint lead arrangers of a credit agreement providing for a seven‑year US$1.5 billion senior secured Term Loan B Facility and a five‑year US$1.0 billion senior secured Revolving Credit Facility. The transactions closed on May 12, 2015. More >>
Tags: New York
Andrew Charles Joins Kramer Levin as Partner in Real Estate Practice
Kramer Levin Naftalis & Frankel LLP announced today that Andrew Charles has joined the firm as a partner in the Real Estate practice.
Mr. Charles has extensive experience in all aspects of commercial real estate law, including, partnerships and joint ventures, financing for borrowers and lenders, acquisitions and sales, and development and leasing. His client base includes private equity funds, financial institutions, developers and operators in the acquisition, financing, development, sale and leasing of all classes of commercial properties including office, hotel, multi-family, retail, public storage, mixed use and condominium properties. Mr. Charles focuses on structuring transactions for institutional investors and opportunity funds such as joint ventures, preferred equity investments, mezzanine financing and mixed debt/equity investments. He was formerly a partner in King & Spalding’s Capital Transactions and Real Estate Group. More >>
Tags: Kramer Levin Naftalis & Frankel LLP | New York
Manatt Continues Strategic Growth in Washington, D.C.
Manatt, Phelps & Phillips, LLP, today announced that Daniel R. Addison has joined its Federal Government Affairs and Public Policy practice as a partner in the Washington, D.C., office. Addison comes to Manatt from Squire Patton Boggs. His move comes on the heels of three major Washington, D.C., additions in April, as Douglas C. Boggs, Alan M. Noskow and Joseph G. Passaic joined Manatt, also from Squire Patton Boggs. More >>
Tags: Manatt, Phelps & Phillips, LLP | Washington
Shearman & Sterling Advises Anglo American on $1.5 Billion Notes Offering
Shearman & Sterling advised Anglo American plc in an offering of $850 million 3.625% Senior Notes due 2020 and $650 million 4.875% Senior Notes due 2025. The notes were issued by Anglo American Capital plc and guaranteed by Anglo American plc. The issuance was carried out by way of a private placement to institutional investors only (including in the United States pursuant to Rule 144A). Settlement of the notes took place on May 14, 2015. More >>
Tags: Shearman & Sterling LLP | London
Simpson Thacher Advises on Apple’s $8 Billion Bond Offering
Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the registered public offering by Apple Inc. (NASDAQ: AAPL) of $8 billion aggregate principal amount of notes over seven tranches with maturities ranging from 2 to 30 years. The net proceeds from the offering will be used for general corporate purposes, including repurchases of common stock and payment of dividends under Apple’s recently expanded program to return capital to shareholders, funding for working capital, capital expenditures and acquisitions, and repayment of debt. More >>
Tags: Simpson Thacher & Bartlett LLP | Palo Alto | Silicon Valley
Baker Joins Real Estate Group as Partner
Daniel J. Baker, (resident of Huntington), has joined Certilman Balin Adler & Hyman, LLP, as a Partner in the Real Estate and Land Use and Zoning Practice Groups. Mr. Baker was formerly a Partner at the firm of Sahn Ward Coschignano & Baker, PLLC. He concentrates his practice in the areas of real estate, zoning and land use, and environmental law. More >>
Tags: Certilman Balin Adler & Hyman, LLP | East Meadow
Tom Romer Joins Greenberg Traurig as a Shareholder in the Firm’s Corporate & Securities Practice
Thomas B. Romer joined international law firm Greenberg Traurig’s Denver office as shareholder in its Corporate & Securities Practice. Romer will focus his practice on mergers and acquisitions, securities, finance, and business formation.
Romer has developed a successful domestic and cross-border transactional practice by using legal project management strategies to more effectively and efficiently manage complex transactions for his clients. Romer assisted Mexico Retail Properties and MRP Group, LP in completing the largest ever real estate transaction in Mexico’s history consisting of the sale of 49 commercial properties and the sale of MRP Group’s property management platform for an aggregate purchase price of approximately $2 billion. As a founding member of an American Bar Association Task Force charged with developing legal project management tools for deal lawyers, Romer has helped to expand the use of legal project management strategies by other transactional lawyers. More >>
Tags: Greenberg Traurig, LLP | Denver
Jackson Lewis Welcomes Immigration Ace Matthew Martinez in Phoenix
Jackson Lewis P.C., one of the country’s largest and fastest-growing workplace law firms, is pleased to announce Matthew J. Martinez has joined the firm’s Phoenix office as Shareholder. Mr. Martinez, who joins the firm from Fennemore Craig, brings to Jackson Lewis over 13 years of experience in immigration and nationality law. Mr. Martinez’s arrival strengthens the firm’s Immigration Practice Group, which recently benefited from the addition of immigration pro Lucrecia Davis in Houston. More >>
Tags: Jackson Lewis P.C. | PhoenixShearman & Sterling Advises Pall Corporation on $13.8 Billion Acquisition by Danaher Corporation
Shearman & Sterling is advising Pall Corporation, a global leader in filtration, separation and purification technologies, on its acquisition by Danaher Corporation for $127.20 per share in cash, or $13.8 billion including assumed debt and net of acquired cash. The transaction is subject to customary closing conditions, including approval by Pall shareholders and is expected to close in calendar 2015.
Pall Corporation (NYSE:PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The company’s engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation is an S&P 500 company serving customers worldwide. More >>
Tags: Shearman & Sterling LLP | New York | Washington
Weil Advises Verizon Communications Inc. in its $4.4 Billion Acquisition of AOL Inc.
Weil is advising Verizon Communications Inc. in its agreement to purchase AOL Inc. for approximately $4.4 billion, in a deal that will further drive Verizon’s LTE wireless video and OTT (over-the-top video) strategy. The transaction is subject to customary regulatory approvals and is expected to close this summer. More >>
Tags: Weil, Gotshal & Manges, LLP | New York