Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Citigroup Capital Markets Inc., and J.P. Morgan Securities LLC, in an offering by Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) of $1.5 billion aggregate principal amount of its fixed rate senior notes due 2017 and 2019. The offering was conducted pursuant to Rule 144A and Regulation S. The notes are listed on the Singapore Exchange. More >>
Tags: Simpson Thacher & Bartlett LLP | TokyoStephenson Harwood launches Seoul office
Stephenson Harwood celebrated the opening of its new office last night at The British Embassy in Seoul.
Two hundred clients and contacts joined key personnel from Stephenson Harwood at its launch event, which follows from the firm receiving its licence to open in August this year. The firm has for some time acted for some of Korea’s largest conglomerates across shipping, ship-building and ship finance work, banking, and trade sectors. Clients include the Export-Import Bank of Korea, STX Corporation, Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Merchant Marine (HMM), Sungdong Shipbuilding & Marine Engineering, and Korea Line, all of which were represented at the launch. More >>
Tags: Stephenson Harwood | SeoulMerck & Co., Inc. $2.5 Billion Notes Offering and Concurrent Tender Offer
Davis Polk advised underwriters represented by BNP Paribas, Deutsche Bank AG, London Branch and J.P. Morgan Securities plc in connection with the offering of $2.5 billion aggregate principal amount of notes issued by Merck & Co., Inc. (Merck). The notes were offered in three tranches, maturing in 2021, 2026 and 2034. More >>
Tags: New YorkNetScout Systems to Acquire Danaher’s Communications Business for $2.6 Billion
Cooley is advising NetScout Systems, Inc. on its definitive agreement to acquire the communications business of Danaher Corporation for $2.6 billion. According to The Wall Street Journal, the acquisition will create a global cybersecurity and IT management company.
NetScout is a market leading provider of performance analytics and operational intelligence solutions. Danaher is an industrial and health-care technology company, whose communications businesses specialize in protecting and improving network performance through testing, monitoring and threat protection. More >>
Tags: BostonShearman & Sterling Advises on Petróleos Mexicanos’ US $1 Billion Notes and US $1.5 Billion Bonds
Shearman & Sterling represented Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, in connection with (i) an issuance of 4.250% Notes due 2025 in an aggregate amount of U.S. $1,000,000,000 and (ii) an issuance of 5.50% Bonds due 2044 in an aggregate amount of U.S. $1,500,000,000 of Petróleos Mexicanos (Pemex) and guaranteed by its wholly-owned subsidiaries Pemex-Exploración y Producción, Pemex-Refinación and Pemex-Gas y Petroquímica Básica. More >>
Tags: Shearman & Sterling LLP | New YorkPaul Hastings Represents Banks in Financing DPx Holdings B.V.’s Acquisition of Gallus BioPharmaceuticals
Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS Securities LLC, J.P. Morgan Securities LLC, Jefferies Finance LLC, Keybank National Association and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners and UBS AG, Stamford Branch as administrative agent in connection with a $160 million and €70 million incremental add-on to DPx Holdings B.V.’s credit facility. The proceeds were used primarily for the purchase of Gallus BioPharmaceuticals, LLC, a contract manufacturing company involved in biologics development. More >>
Tags: Paul Hastings, LLP | New YorkMayer Brown advises Milestone Aviation Group and a consortium of financial investors in Milestone’s $1.775 billion sale to GE Capital
Mayer Brown represented Dublin-based helicopter lessor The Milestone Aviation Group and a consortium of financial investors led by private equity firm The Jordan Company in Milestone’s $1.775 billion stock sale to GE Capital Aviation Services, the aircraft leasing unit of GE. Milestone is the world’s largest helicopter-leasing company by fleet value and the first global aircraft operating lease company focused exclusively on the helicopter market. Mayer Brown also represented the financial investors in initially forming Milestone in 2010 and in multiple capital raising transactions. More >>
Tags: Mayer Brown LLP | Chicago | London | New York | WashingtonCPA Global further strengthens presence in Asia Pacific with opening of Taipei office
CPA Global, the world’s leading specialist in intellectual property (IP) management software and services, has further strengthened its presence in Asia Pacific with the opening of an office in the Taiwanese capital, Taipei.
The move will enable CPA Global to better serve its growing number of corporate and law firm clients in Taiwan, and to help meet the increasing demand for IP management software and services in this key innovation market, and more broadly across the Asia Pacific region. More >>
Tags: TaipeiCahill Represents Underwriter in $305 Million Secondary Sale of Common Stock of Burlington Stores
Cahill represented J.P. Morgan as sole book-running manager in connection with the public offering of 8,000,000 shares of Common Stock of Burlington Stores, Inc. (NYSE: BURL), resulting in gross proceeds of $304,800,000. The selling stockholders received all of the proceeds of the sale.
Tags: Cahill Gordon & Reindel LLP | New YorkLeading Intellectual Property Team Joins Manatt
Manatt, Phelps & Phillips, LLP, announced the addition of a three-partner group to its Intellectual Property practice, including Robert W. Dickerson Jr. and Lawrence R. LaPorte in the firm’s Los Angeles office, and Yasser M. El-Gamal in Orange County. The team joins from Dickstein Shapiro LLP, where Dickerson had served as co-leader of that firm’s Intellectual Property practice and El-Gamal had served as administrative partner of its Orange County office.
Dickerson joins as chair of Manatt’s national Intellectual Property practice. More >>