Davis Polk advised Israel Chemicals Ltd. in connection with a Rule 144A/Regulation S offering of $800 million aggregate principal amount of its 4.500% senior notes due 2024. Barclays Capital Inc., Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. acted as joint book-running managers for the offering. More >>
Tags: Davis Polk & Wardwell LLP | London | New York | Sao Paulo
Herbert Smith Freehills has advised Virgin Australia Holdings Limited, Australia’s second largest airline group, on its US$300 Rule 144A/Regulation S issue of Senior Notes due 2019 (the “Notes”), which completed on 21 November 2014. The issue represents Virgin Australia’s debut issue of unsecured notes in the international debt capital markets. More >>
Tags: Herbert Smith Freehills Kramer LLP | Brisbane | Melbourne | Perth | Sydney
On November 26, 2014, an affiliate of The Energy & Minerals Group, LP (“EMG”) closed on its $460 million equity commitment to American Energy Minerals Holdings, LLC (“AEMN”), an affiliate of American Energy Partners, LP, representing a 92% interest in AEMN. AEMN was formed to pursue a business plan focused on the acquisition of minerals and overriding royalty interests (“ORRIs”) across targeted high-return onshore basins in the United States. An aggregate of $350 million was funded at the initial closing, which will be used to acquire 28,000 net mineral acres and 29,000 acres of ORRIs across the Utica, Marcellus, Woodford and Permian Basin plays as well as to provide AEMN with initial working capital. More >>
Tags: Baker Botts L.L.P. | Austin | HoustonThe Firm represented La Quinta Holdings Inc. in connection with a $460 million secondary offering, consisting of 23,000,000 shares of common stock (including 3,000,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares) at a public offering price of $20.00 per share. More >>
Tags: New York
Shearman & Sterling advised the underwriters of Cardinal Health, Inc.’s public offering of $450,000,000 2.400% Notes due 2019, $400,000,000 3.500% Notes due 2024, and $350,000,000 4.500% Notes due 2044. Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC. acted as joint bookrunning managers for the offering. More >>
Tags: Shearman & Sterling LLP | New York
Mayer Brown, a leading global law firm, represented the Texas Department of Transportation (TxDOT) in a competitive procurement for and structuring of a public-private partnership (PPP) for the design, construction, financing, operation and maintenance of Texas SH 183 managed lanes project, located in the Dallas/Ft. Worth area. More >>
Tags: Mayer Brown LLP | Chicago
Hunton & Williams LLP successfully represented Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), and a group of commercial banks on a $4.369 billion senior secured project debt finance, letter of credit and working capital facilities to finance the construction and operation of Train 1 of a multi-train natural gas liquefaction and export facilities project to be located on Quintana Island near Freeport, Texas. More >>
Tags: Hunton Andrews Kurth LLP | New York
The placing agreement was signed on 30 November 2014, pursuant to which the sole Placing Agent, Morgan Stanley, will, on behalf of Ping An, place an aggregate of 594,056,000 new H shares at the placing price of HK$62.00, to no fewer than six but no more than ten independent professional, institutional and/or individual investors on a fully underwritten basis. More >>
Tags: DLA Piper | Beijing | Shanghai
White and Williams LLP announced the relocation of its northern New Jersey office from Paramus to Newark, NJ on November 24, 2014. The office will accommodate growth of the firm’s practice areas in the region as well as provide a key location for the firm’s clients.
White and Williams’ Newark office is located in 8,500 square feet of the Legal Center at the One Riverfront Plaza building, within a two-minute walk of Newark Penn Station. The office will be led by Robert Wright, Managing Partner. Four partners and two associates will be resident at the new office. More >>
Tags: White and Williams, LLP | Newark