McDermott advises Olam International on its $1.3 billion acquisition of Archer Daniels Midland Company’s global cocoa business

Wednesday, December 17, 2014

International law firm McDermott Will & Emery represented Olam International Limited in its pending acquisition of Archer Daniels Midland Company’s (ADM) global cocoa business. The US$1.3 billion transaction will establish Olam Cocoa as one of the world’s top three cocoa processors.

Based in Singapore and listed on the SGX-ST, Olam is a leading agri-business operating in 65 countries. Its Cocoa business is one of the world’s largest suppliers of sustainable cocoa and is a leader in long-term sustainability initiatives. More >>

Tags:  DLA Piper | London

Goodwin Procter Advises Charlesbank on Acquisition of Varsity Brands

Wednesday, December 17, 2014

Goodwin Procter attorneys recently advised private equity firm Charlesbank Capital Partners on its completed acquisition of Varsity Brands, a portfolio of brands that promote student participation in academics and athletics. The transaction will help ensure that Varsity Brands has the capital structure, resources, and financial flexibility to build its presence while delivering on its mission to elevate school pride and student achievement. More >>

Tags:  Goodwin Procter LLP | Boston | San Francisco

Fiat Chrysler’s $3.975 Billion Registered Common Shares and Registered Convertible Debt Offerings

Wednesday, December 17, 2014

Cravath represented the underwriters, led by J.P. Morgan Securities, Goldman, Sachs & Co., Barclays and UBS Investment Bank, in connection with the US$1.1 billion registered offering of common shares and the US$2.875 billion registered offering of mandatory convertible securities of Fiat Chrysler Automobiles N.V., the seventh largest automaker in the world. The transactions closed on December 16, 2014. More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Imperial Tobacco to Acquire Brands and Assets for $7.1 Billion from Reynolds American as Part of Its $27.4 Billion Acquisition of Lorillard

Tuesday, December 16, 2014

Davis Polk is advising Credit Suisse Securities (Europe) Limited as sole sponsor and joint financial adviser to Imperial Tobacco Group PLC on its $7.1 billion acquisition of U.S. cigarette brands Winston, Maverick, Kool, Salem and U.S. and international e-cigarette blu, plus other assets, from Reynolds American Inc. as part of its $27.4 billion acquisition of Lorillard Inc. A circular seeking shareholder approval of the transaction was published by Imperial Tobacco on December 15, 2014. The transaction, which is expected to close in the first half of 2015, is subject to shareholder and certain regulatory approvals. More >>

Tags:  London | New York

Clifford Chance Advised AEW Europe On €820MN Capital Raising For Logistis, Bringing Total Equity To More Than €1.3BN

Tuesday, December 16, 2014

Leading international law firm Clifford Chance advised AEW Europe on a €820mn capital raising for LOGISTIS. This represents the largest equity raising to date for AEW Europe and brings the total equity of LOGISTIS to more than €1.3bn. The new equity has been raised from a number of leading institutional investors from Europe and Asia, including APG and PGGM among others. The capital raised exceeded the original equity target, with the five largest new investors committing in excess of €600mn in aggregate. Existing investors also increased their investment, committing a further €130mn in aggregate. More >>

Tags:  Clifford Chance LLP | Luxembourg | Paris

Akin Gump Advises Banglalink on Inaugural $300 Million Bangladesh Bond

Tuesday, December 16, 2014

Akin Gump has advised Banglalink Digital Communications Limited, a subsidiary of VimpelCom Ltd., on an innovative $300 million Rule 144A/Regulation S high-yield bond offering “first.” Banglalink issued $300 million Senior Notes due 2019, listed on the Singapore Exchange.

This groundbreaking transaction represents the first international bond offering from Bangladesh—there has never been a Bangladesh sovereign bond or corporate bond issue on the international capital markets before. More >>

Tags:  Akin Gump Strauss Hauer & Feld LLP | London

Riverwood Capital Raises $1.25 Billion Private Equity Fund

Monday, December 15, 2014

Simpson Thacher represented Riverwood Capital Partners in connection with the organization of Riverwood Capital Partners II, L.P., an approximately $1.25 billion private equity fund focused on making equity-related growth investments in middle-market companies, primarily in the technology and services industries, seeking capital to achieve growth and profitability on a global scale. More >>

Tags:  Palo Alto

Shearman & Sterling Advises Lenders on Los Ramones Sur Gas Pipeline

Monday, December 15, 2014

Shearman & Sterling acted as lenders’ counsel for the Pemex and GDF Suez consortium in connection with the approximately $890 million senior secured financing related to the development, construction, operation and maintenance of the Los Ramones Sur gas transportation system. The new system will be comprised of a new natural gas pipeline of approximately 291.5 km in length and 42 inches in diameter and approximately 15.5 km of 16 inch diameter pipeline to be located in central Mexico, commencing at the point of interconnection with the Los Ramones II (Norte) Project located in the Municipality of Villa Hidalgo in the State of San Luis Potosi and terminating at the interconnection point with the 36-inch diameter natural gas pipeline owned by PGPB located in the Municipality of Apaseo El Alto in the State of Guanajuato. More >>

Tags:  Shearman & Sterling LLP | New York