Morgan Lewis Advises Republic of Kazakhstan on $2.5 Billion Sovereign Bond Offering

The Republic of Kazakhstan has today closed a $2.5 billion Eurobond offering.

The offering was made under Rule 144A and Regulation S, and the bonds are listed on the London Stock Exchange. The bonds were issued in two tranches, a $1.5 billion tranche of 3.875% Notes due 2024 and a $1 billion tranche of 4.875% Notes due 2044. More >>

Tags:  Morgan, Lewis & Bockius LLP | Almaty | London

Shearman & Sterling Represents InRetail Consumer in Senior Notes Offering, Offer to Purchase and Consent Solicitation

Shearman & Sterling represented InRetail Consumer, a Peruvian trust, along with its subsidiaries, in connection with (1) its issuance of US$300,000,000 aggregate principal amount of 5.250% Senior Notes due 2021 and (2) its offer to purchase and consent solicitation for any and all of the outstanding 8.875% Senior Secured Notes due 2018 of Interproperties Retail Trust, a Cayman trust. More >>

Tags:  Shearman & Sterling LLP | New York | San Francisco | Washington

Anbang Insurance Group Agrees to Purchase Waldorf Astoria Hotel

Skadden is representing Anbang Insurance Group (China) in its $1.95 billion acquisition of the iconic New York Waldorf Astoria Hotel from Hilton Worldwide. When completed, the sale will be the largest real estate acquisition to date by a Chinese company in the U.S. and the first real estate investment by Anbang outside of China.

Tags:  New York

United Rentals (North America) Inc.’s Registered High-Yield Senior Debt Offerings

Cravath represented the underwriters, led by Morgan Stanley, BofA Merrill Lynch, Wells Fargo Securities, Barclays, Citigroup, Credit Suisse and Deutsche Bank Securities, in connection with the US$850 million and US$525 million registered high‑yield senior debt offerings of United Rentals (North America) Inc. (URNA), the largest equipment rental company in the world at the time of the offering. URNA intends to use the net proceeds from these offerings to finance its acquisition of National Pump, a specialty pump and industrial equipment rental businesses, and refinance existing indebtedness. The offerings closed on March 26, 2014. More >>

Tags:  New York

Province of Ontario C$500 Million Global Green Bond Offering

Davis Polk advised underwriters represented by CIBC World Markets Inc., HSBC Securities (Canada) Inc., Merrill Lynch Canada Inc. and RBC Dominion Securities Inc. in connection with the offering of C$500 million aggregate principal amount of 1.75% bonds due October 9, 2018, issued by the Province of Ontario. The net proceeds of the bonds will be used for special environmental projects. This is the inaugural green bonds offering for the Province of Ontario. More >>

Tags:  Dallas | Ontario

DLA Piper advises Synergy Health PLC on its $5.2 billion merger with Steris Corporation

DLA Piper has advised Synergy Health plc (“Synergy”), a leading global supplier of outsourced services to healthcare providers and other customers concerned with health management, on its recommended combination with STERIS Corporation (“STERIS”), a major provider of infection prevention and other procedural products and services focussed primarily on healthcare, pharmaceutical and research markets. The transaction, which was announced this morning, values Synergy at $1.9 billion, and the combined group at $5.2 billion. More >>

Tags:  DLA Piper | New York

Paul Hastings Advises Ivanhoé Cambridge in Latin America Real Estate Partnership with Black Creek

Paul Hastings LLP, a leading global law firm, represented Ivanhoé Cambridge, the second largest pension fund in Canada, in the creation of a new partnership with Black Creek Group (Black Creek), a real estate private equity firm with extensive experience sponsoring real estate companies in Mexico.

Ivanhoé Cambridge, a real estate subsidiary of institutional fund manager Caisse de dépôt et placement du Québec, together with Black Creek, will invest in the development of mixed-use urban communities in the main cities of Mexico including Mexico City, Monterrey and Guadalajara through MIRA, Black Creek’s fully-integrated real estate and development platform in Mexico. Ivanhoé Cambridge intends to invest up to US$500 million in assets, as part of its strategy of developing a long-term active presence in growth markets. More >>

Tags:  Paul Hastings, LLP | New York

Dentons advises BTMU on landmark US$100 million commodity murabahah facility to ICD

Dentons has advised Bank of Tokyo-Mitsubishi UFJ (Malaysia) on an Islamic commodity murabahah facility of US$100 million to the Islamic Corporation for the Development of the Private Sector.

ICD is one of the most influential agencies in the Islamic finance markets and the facility is the first ever financing by BTMU with a multilateral international financial entity. More >>

Tags:  Dentons | Dubai

Greenberg Traurig Represents Gentiva Health Services in $1.8 Billion Acquisition by Kindred Healthcare

A multioffice team of attorneys with international law firm Greenberg Traurig represented longtime client Gentiva Health Services, Inc. (NASDAQ:GTIV) in its definitive merger agreement with Kindred Healthcare, Inc. (NYSE:KND). The transaction is valued at $1.8 billion, including the assumption of net debt. The companies expect the closing of the transaction to occur in the first quarter of 2015. More >>

Tags:  Greenberg Traurig, LLP | Atlanta | New York