Milbank Represents Dealer Manager in Tender Offer and Initial Purchasers in $350 Million Offering for USG Corporation

Thursday, February 26, 2015

Milbank, Tweed, Hadley & McCloy LLP represented BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities, Goldman, Sachs & Co., RBC Capital Markets and SunTrust Robinson Humphrey as initial purchasers in connection with the private offering of $350 million aggregate principal amount of USG Corporation’s 5.50% Senior Notes due 2025. In addition, Milbank, Tweed, Hadley & McCloy LLP represented BofA Merrill Lynch as dealer manager in the concurrent cash tender offer for any and all of USG Corporation’s 8.375% Senior Notes due 2018. More >>

Tags:  Milbank LLP | New York

Prominent Corporate/REIT Group joins Dentons in Dallas

Thursday, February 26, 2015

Dentons announced today that Toni Weinstein, Donald A. Hammett Jr. and X. Lane Folsom have joined its Corporate Practice as partners. The integrated team they lead focuses on public securities and transactional matters, particularly in Real Estate Investment Trusts (REITs), and real estate investment and operating structures. They are resident in the Firm’s Dallas office.

With their arrival, Dentons continues the momentum of significant corporate and tax hires around the world who are able to support clients with complex corporate transactions. More >>

Tags:  Dentons | Dallas

Cahill Represents Initial Purchasers in $750 Million Senior Notes Offering by Nielsen Finance

Thursday, February 26, 2015

Cahill represented the joint book-running managers and co-managers in connection with the Rule 144A offering of $750,000,000 aggregate principal amount of 5% Senior Notes due 2022 by Nielsen Finance LLC and Nielsen Finance Co., a leading global performance management company. Proceeds from the offering will be used for general corporate purposes and to refinance existing indebtedness.

Tags:  Cahill Gordon & Reindel LLP | New York

White Collar Litigator Booker T. Roberts, Jr., Joins Ballard Spahr in Phoenix

Thursday, February 26, 2015

Booker T. Roberts, Jr., a prominent white collar criminal defense attorney and commercial litigator with more than 25 years of experience defending multimillion-dollar cases for businesses and individuals, has joined Ballard Spahr as a partner in Phoenix, firm Chair Mark Stewart announced today.

Mr. Roberts was Chief Deputy District Attorney in Las Vegas and an Assistant U.S. Attorney in Nevada and Arizona before entering private practice. He currently serves as Judge Pro Tem for the Maricopa County Superior Court. More >>

Tags:  Ballard Spahr LLP | Phoenix

BLP bolsters Real Estate Finance expertise with appointment of Daniyal Ansari as Partner

Wednesday, February 25, 2015

International law firm Berwin Leighton Paisner LLP (BLP) has today (25 February 2015) announced the appointment of real estate finance specialist, Daniyal Ansari, as Partner in its Real Estate Finance (REF) Group. He will join the firm on 4 March 2015.

Previously a partner in the London banking team at Eversheds LLP, Daniyal brings a broad range of real estate finance expertise including investment, development and complex structured debt. More >>

Tags:  Berwin Leighton Paisner LLP | London

Kemper Corporation $250 Million Senior Notes Offering

Wednesday, February 25, 2015

Davis Polk advised underwriters represented by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC in connection with an offering by Kemper Corporation of $250 million aggregate principal amount of its 4.350% senior notes due 2025. More >>

Tags:  New York

Cravath Acts on Indian Lender HDFC’s $1.6B Share Sale

Wednesday, February 25, 2015

Cravath, Swaine & Moore and Davis Polk & Wardwell have advised on a $1.6 billion share sale by Mumbai-based HDFC Bank Ltd.

HDFC, one of India’s largest lenders, raised $1.3 billion by selling 22 million American depositary receipts in the U.S. and another $324 million in equity shares through a qualified institutional placement in India. The proceeds will be used to “fund growth and bolster reserves,” according to The Wall Street Journal. More >>

Tags:  Cravath, Swaine & Moore LLP

Shearman & Sterling Advises on Sprint Corporation’s $1.5 Billion High Yield Notes Offering

Wednesday, February 25, 2015

Shearman & Sterling represented Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and SMBC Nikko Securities America, Inc., as joint bookrunning managers, and Wells Fargo Securities, LLC, as senior co-manager, and The Williams Capital Group, L.P., as co-manager, in connection with Sprint Corporation’s registered offering of an aggregate principal amount of $1.5 billion of 7.625% Notes due 2025. More >>

Tags:  Shearman & Sterling LLP | New York | Toronto

Firm Advises Mainstream Renewable Power on $1.9 billion Joint Venture in Africa

Wednesday, February 25, 2015

International law firm Simmons & Simmons has advised Mainstream Renewable Power (‘Mainstream’) on its $1.9 billion US dollar joint venture in Africa with pan-emerging markets investor Actis.

The joint venture is 40% owned by Mainstream and 60% by Actis. The new platform, Lekela Power, is intended to deliver between 700 and 900 MW of wind and solar projects across the continent by 2018. More >>

Tags:  Africa