Juridia Bützow to join Eversheds broadening international reach

Friday, November 14, 2014

One of Finland’s leading law firms, Juridia Bützow, is to join Eversheds, further broadening the international reach of both firms.

Juridia Bützow is one of Finland’s leading full service law firms with a nationwide coverage across five offices, Helsinki, Hämeenlinna, Jyväskylä, Tampere and Turku. Juridia Bützow group company Heinonen & Co. specialises in global intellectual property rights. In total Juridia Bützow employs more than 165 professionals. More >>

Tags:  Eversheds Sutherland | Helsinki

Davis Polk Advises Hitachi, Ltd. on a $581 Million Secondary Offering of Western Digital Corporation Common Stock

Friday, November 14, 2014

Davis Polk advised Hitachi, Ltd. as the selling stockholder in connection with an SEC-registered secondary offering of 6,250,000 shares of Western Digital Corporation common stock. Goldman, Sachs & Co. and BofA Merrill Lynch acted as lead book-running managers and J.P. Morgan Securities LLC and RBC Capital Markets, LLC acted as joint book-running managers for the offering. The total net proceeds to Hitachi from the offering were approximately $581 million. More >>

Tags:  Davis Polk & Wardwell LLP | Tokyo

Allen & Overy advises on financing for USD2.8 billion Donggi-Senoro project

Friday, November 14, 2014

Allen & Overy has advised on the financing for the USD2.8 billion Donggi-Senoro Liquefied Natural Gas (DSLNG) project which was signed today.

Donggi-Senoro LNG is the fourth liquefied natural gas (LNG) project in Indonesia and is scheduled to start production in mid-2015. The liquefaction plant will have the capacity to produce 2 million tons of LNG per year. The Republic of Indonesia has the largest economy in Southeast Asia and is the world’s fourth-largest exporter of LNG. DSLNG is the first LNG project in Indonesia to adopt a downstream development model, enabling separate development of upstream (natural gas and condensates production) and downstream (LNG and condensates) businesses. The Donggi-Senoro LNG project is only the world’s second non-integrated merchant LNG plant. Allen & Overy advised the project company, PT Donggi Senoro LNG, a subsidiary of the sponsors, Mitsubishi Corporation, PT Pertamina (Persero), Korea Gas Corporation (KOGAS) and PT Medco Energi Internasional TBK. More >>

Tags:  Allen & Overy LLP | Sydney | Tokyo

Air Lease Forms $2 Billion Aircraft Leasing Joint Venture

Thursday, November 13, 2014

Munger, Tolles & Olson LLP represented Air Lease Corp. (ALC) in a joint venture with Napier Park Global Capital (US) LP announced Nov. 6, 2014.

The joint venture, which will be named Blackbird Capital I LLC and managed by ALC, plans to buy up to $2 billion worth of commercial airplanes by the end of 2016 to be leased to other airlines globally. More >>

Tags:  Los Angeles

Morgan Lewis Advises Susquehanna Bancshares, Inc. in sale to BB&T Corporation

Thursday, November 13, 2014

Morgan Lewis represented Susquehanna Bancshares, Inc. in specialized matters related to its acquisition by BB&T Corporation for a cash and stock transaction valued at approximately $2.5 billion.

The firm handled matters related to employee benefits, intellectual property and trademark matters. The deal was announced on November 12, 2014. More >>

Tags:  Morgan, Lewis & Bockius LLP | New York

LinkedIn Corporation $1.3 Billion Convertible Senior Notes Offering

Thursday, November 13, 2014

Davis Polk advised Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the initial purchasers in connection with a Rule 144A offering by LinkedIn Corporation of $1.3 billion aggregate principal amount of its 0.50% convertible senior notes due 2019 (including the full exercise of the initial purchasers’ option to purchase additional notes). In addition, Davis Polk advised Citibank, N.A., Bank of America, N.A. and JPMorgan Chase Bank, National Association, London Branch, as counterparties to convertible note hedge and warrant transactions in connection with the offering. More >>

Tags:  Linklaters LLP

General Motors Company $2.5 Billion Senior Notes Offering

Thursday, November 13, 2014

Davis Polk advised J.P. Morgan Securities LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, as representatives of the several underwriters, on an SEC-registered offering by General Motors Company of $2.5 billion in aggregate principal amount of senior notes, consisting of $500 million in aggregate principal amount of 4% senior notes due 2025, $750 million in aggregate principal amount of 5% senior notes due 2035 and $1.25 billion in aggregate principal amount of 5.2% senior notes due 2045. General Motors intends to use the net proceeds from this offering to pay a portion of the redemption price to redeem outstanding shares of its Series A fixed-rate cumulative perpetual preferred stock. Any remaining proceeds will be used for general corporate purposes. More >>

Tags:  New York

Fasken Martineau advises TVA Group on its $118 million acquisition of Vision Globale

Thursday, November 13, 2014

Fasken Martineau, a leading international business law and litigation firm, announced today that it advised TVA Group, a subsidiary of Quebecor Media, on its acquisition of all the assets of Vision Globale for a total of approximately $118 million.

The transaction is subject to Competition Bureau approval. The acquired operations will become part of TVA Group in the media group segment of Quebecor Media. More >>

Tags:  Fasken Martineau DuMoulin LLP | Montreal

Shearman & Sterling Advises Lead Arrangers on $19.8 Billion Financing for Medtronic

Wednesday, November 12, 2014

Shearman & Sterling advised Bank of America, N.A. and other lead arrangers in connection with a $19.8 billion dollar financing for Medtronic. The financing was comprised of a $11.3 billion senior unsecured bridge facility and a $5 billion senior unsecured term loan facility for Medtronic Inc.’s acquisition of Covidien plc and an amended and restated revolving credit facility for Medtronic, Inc. and Medtronic Global Holdings SCA. More >>

Tags:  Shearman & Sterling LLP | New York