Latham & Watkins represented Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc., as the Joint Book-Running Managers, and China Renaissance Securities (Hong Kong) Limited and UBS Securities LLC, as the Co-Managers, on the US$900 million convertible bond issuance by Qihoo 360 Technology Co. Ltd. (“Qihoo 360”), a Chinese internet and mobile security products and services provider.
Tags: Latham & Watkins LLP
Continuing its national expansion, Lowenstein Sandler has opened an office in Washington, DC. The new office brings together accomplished, sophisticated lawyers in the firm’s antitrust, investment management, commercial and insurance litigation practices.
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Ropes & Gray LLP advised Goldman Sachs, Deutsche Bank and Nordea in connection with the €1.45 billion financing of Nordic Capital’s acquisition of a majority stake in Norway-based Lindorff, one of Europe’s leading providers of debt-related administrative services.
Tags: Ropes & Gray LLP
Paul Hastings LLP, a leading global law firm, announced today that the firm represented global CRM leader Teleperformance USA in the successful completion of the $610 million acquisition of Aegis USA, Inc., a major outsourcing and technology company in the United States, the Philippines and Costa Rica.
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Hunton & Williams LLP advised the underwriters in connection with the sale of $243,850,000 Louisiana Local Government Environmental Facilities and Community Development Authority System Restoration Bonds (Louisiana Utilities Restoration Corporation Project/ELL) Series 2014 (Federally Taxable) and $71,000,000 Louisiana Local Government Environmental Facilities and Community Development Authority System Restoration Bonds (Louisiana Utilities Restoration Corporation Project/EGSL) Series 2014 (Federally Taxable).
Earlier today, Kinder Morgan, Inc. (NYSE: KMI) announced its intention to acquire by merger of all of the outstanding equity securities of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Kinder Morgan Management, LLC (NYSE: KMR) and El Paso Pipeline Partners, L.P. (NYSE:EPB), all of which are controlled by KMI. The proposed mergers, the consideration of which is valued at approximately $70 billion in the aggregate, collectively represent the largest energy M&A transaction since the merger of Exxon and Mobil. The combined entity will be the largest energy infrastructure company in North America and the third largest energy company overall with an estimated enterprise value of approximately $140 billion.
Tags: Baker Botts L.L.P. | HoustonDavis Polk advised Goldman, Sachs Lending Partners LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Morgan Stanley Senior Funding Inc., and RBC Capital Markets as joint lead arrangers and joint bookrunners, and KKR Capital Markets LLC, MCS Capital Markets LLC and Blackstone Holdings Finance Co. LLC as co-managers, in connection with a $390 million senior secured credit facility extended to Infinity Acquisition, LLC, comprised of a $345 million senior secured term facility and a $45 million senior secured revolving credit facility. The proceeds of the senior secured term facility, together with an equity contribution and the proceeds of a notes offering, were used to fund in part the acquisition of Ipreo Holdings LLC by funds managed by The Blackstone Group L.P. and Goldman Sachs Merchant Banking Division.
The Firm recently represented RBC Capital Markets and JPMorgan Chase in connection with credit facilities relating to Sinclair Television Group, Inc.’s. $985.0 million acquisition of certain television station assets from Allbritton Communication Co.
Tags: Simpson Thacher & Bartlett LLP
Herbert Smith Freehills is advising Roc Oil Company Limited (Roc Oil) on all aspects of its proposed takeover by Fosun International Limited (Fosun) valued at approximately A$474 million.
Tags: Herbert Smith Freehills LLP