Simpson Thacher represented Citigroup Global Markets Inc. and KKR Capital Markets LLC in their role as initial purchasers in the recent $600 million offering by WMI Holdings Corp. of shares of its 3.00% Series B Convertible Preferred Stock. The offering was conducted in reliance on Rule 144A. The net proceeds from the offering are expected to be used by WMI to explore and fund acquisitions and related expenses. More >>
Tags: Simpson Thacher & Bartlett LLP | New York
Shearman & Sterling represented Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, as joint bookrunning managers, in connection with a Rule 144A/Regulation S offering of $625 million aggregate principal amount of 6.75% Senior Notes due 2020 of Cott Beverages Inc., a wholly owned subsidiary of Cott Corporation. The offering was used to finance Cott Corporation’s acquisition of DSS Group, Inc., parent company of DS Services of America, Inc., a leading water and coffee direct-to-consumer services provider in the United States. More >>
Tags: Shearman & Sterling LLP | Palo Alto | Toronto
Ropes & Gray is advising Dunkin’ Brands Group, Inc. on the planned refinancing of its senior secured credit facility with a new $2.4 billion securitized financing facility. The new facility is expected to be comprised of $2.3 billion of senior fixed-rate term notes and $100 million of variable funding notes. Dunkin’ Brands is the parent company of Dunkin’ Donuts and Baskin-Robbins. The offering was announced Jan. 6 and is expected to close in the first quarter of 2015. More >>
Tags: Ropes & Gray LLP | Boston
Mayer Brown LLP acted as counsel to Bristol-Myers Squibb Company in the transfer of $1.4 billion in US pension obligations, including related assets, for approximately 8,000 US retirees and their beneficiaries to The Prudential Insurance Company of America through the purchase of a group annuity contract. More >>
Tags: Mayer Brown LLP | Chicago | New York | Palo Alto
The national law firm of Hinshaw & Culbertson LLP announced that Janis M. Meyer will join its New York office as a partner in the Lawyers for the Profession® practice group, effective January 1, 2015. Ms. Meyer will focus her practice on professional responsibility, legal ethics, risk management, human resources and insurance matters.
Prior to joining Hinshaw, Ms. Meyer was a partner and General Counsel at Dewey & LeBoeuf LLP, and subsequently served as a member of its Wind-Down Committee, overseeing the bankruptcy filing in 2012 and the wind-down of the firm. She has continued to serve as a consultant to the Dewey & LeBoeuf Liquidation Trust. More >>
Tags: Hinshaw & Culbertson LLP | New York
Burr & Forman LLP is pleased to announce the addition of Laurence S. Litow as a partner in the firm’s Fort Lauderdale office and a member of the Commercial Litigation practice group. He was previously a partner with Roetzel & Andress. Litow’s arrival follows the firm’s recent relocation to a larger office in Fort Lauderdale to accommodate the growth of the firm’s South Florida practice since the office opened in 2012. More >>
Tags: Burr & Forman LLP | Fort Lauderdale
Akin Gump today announced that Andrew J. Brady, a former special counsel in the Securities and Exchange Commission (SEC)’s Office of Chief Counsel of the Division of Corporation Finance, has joined the firm as a corporate partner in its Washington, D.C. office. Mr. Brady comes to Akin Gump from Skadden Arps, where he served as a primary point of contact on complex matters arising under various securities regulations and the listing standards of the major stock markets. More >>
Tags: Akin Gump Strauss Hauer & Feld LLP | Washington
Blank Rome LLP is pleased to announce that Jeff Hoffman and Susan Wolfe have joined the Firm’s White Collar Defense and Investigations group in New York. Mr. Hoffman joins the Firm as a partner with more than 40 years of criminal defense experience, representing politicians, business leaders, attorneys, and many others in scores of federal and state cases. Ms. Wolfe, who joins Blank Rome as of counsel, also works with individuals facing criminal prosecution, focusing primarily on cases at the appellate level. Mr. Hoffman, a founding partner of Hoffman & Pollock, and Ms. Wolfe, also a partner at that firm, have moved their practices to Blank Rome. More >>
Tags: Blank Rome LLP | New York
Nossaman LLP is pleased to announce the addition of Ashley Dunning and Michael Toumanoff to the Firm’s Public Pensions and Investments Practice Group. Ms. Dunning will be based in the Firm’s San Francisco office as a Partner and Co-Chair of the Public Pensions and Investments Group, and Mr. Toumanoff will be based in the Firm’s Los Angeles office as Of Counsel. Both join from Manatt Phelps & Phillips. More >>
Tags: Nossaman LLP | Los Angeles | San Francisco
Milbank, Tweed, Hadley & McCloy LLP has served as US counsel to Canada’s export credit agency, Export Development Canada, in its SEC-registered US$1 billion offering of 1.625% global bonds due 2019 which closed in December 2014. Proceeds will be used for corporate purposes. More >>
Tags: Milbank LLP | New York