The Hong Kong and Palo Alto offices of the Firm represented Alibaba Group Holding Limited (“Alibaba Group”) in connection with its debut offering of US$8 billion aggregate principal amount of senior unsecured notes, consisting of US$300 million floating rate notes due 2017, US$1 billion 1.625% notes due 2017, US$2.25 billion 2.5% notes due 2019, US$1.5 billion 3.125% notes due 2021, US$2.25 billion 3.6% notes due 2024 and US$700 million 4.5% notes due 2034. The notes are rated A1 by Moody’s, A+ by Standard & Poor’s and A+ by Fitch. More >>
Tags: Hong Kong | Palo Alto
Robinson+Cole Opens Office in Miami
Robinson+Cole, an Am Law 200 firm with 200 lawyers in nine offices serving clients from start-ups to Fortune 500 companies, has opened an office in Miami. The new office is located at 801 Brickell Avenue. The firm also has offices in Connecticut, Massachusetts, New York, Rhode Island, and California.
Eugene P. Murphy, a partner with the firm in the Insurance + Reinsurance Group, is overseeing the Miami location, where he is joined by associate Laura Farach, most recently with the firm of Avila Rodriguez Hernandez Mena & Ferri LLP, and paralegal Melanie Hoffman. More >>
Tags: Robinson & Cole LLP | Miami
Shearman & Sterling Advises Managers in €3.1 Billion Re-IPO of Endesa
Shearman & Sterling advised managers Credit Suisse Securities (Europe) Limited, J.P. Morgan Securities plc, Banco Bilbao Vizcaya Argentaria, S.A. and Banco Santander, S.A., as joint global coordinators and joint bookrunners, Goldman Sachs International, Morgan Stanley & Co. International plc and UBS Limited, as joint bookrunners, in connection with the €3.1 billion sale of shares in Endesa, S.A. by Enel Energy Europe, S.L.U. (a wholly-owned subsidiary of Enel S.p.A.). The offering is one of the largest equity offerings in Europe in 2014. More >>
Tags: Shearman & Sterling LLP | London
Paul Hastings Represents Gruma, S.A.B. de C.V. in US$400 Million Senior Notes Offering
Paul Hastings LLP, a leading global law firm, represented Gruma, S.A.B. de C.V., the world’s largest tortilla and corn flour producer in its US$400 million international bond offering and the redemption of likely the only corporate perpetual bond ever issued in Mexico. The offering involved the issuance of US$400 million of 4.875% Senior Notes due 2024. The proceeds from the sale of the notes will go principally to redeem the perpetual bonds issued ten years ago at an interest rate of 7.75%. The notes were issued pursuant to Rule 144A and Regulation S in a more than seven times oversubscribed offering. The managing underwriters involved were Goldman, Sachs & Co. and Santander Investment Securities Inc. More >>
Tags: Paul Hastings, LLP | New York
MGC Opens Office in Wilmington
McAngus Goudelock & Courie, a regional insurance defense firm, is pleased to announce that has opened its eleventh office in Wilmington, NC. More >>
Tags: McAngus Goudelock & Courie LLC | Wilmington
K&L Gates Acts for PT Tower Bersama Infrastructure TBK in US$1.3 Billion Financing
Global law firm K&L Gates has advised PT Tower Bersama Infrastructure TBK (TBIG) in connection with a US$1.3 billion financing to assist in the refinancing of the group’s existing debt program. The facilities include a US$1 billion syndicated credit agreement involving a term loan facility and two revolving credit facilities. It also consists of a separate US$300 million syndicated revolving credit agreement, each with a syndicate of international banks, on an unsecured basis. More >>
Tags: K&L Gates LLP | Perth
Dechert Advises on Two Major Debt Capital Markets Transactions in Kazakhstan
Dechert’s emerging markets team has advised on another two important capital markets transactions involving Kazakhstan issuers.
Dechert advised KazMunaiGaz Finance Sub B.V. (“KMG Finance”) and JSC National Company KazMunayGas (“KMG”), the largest oil & gas company in Kazakhstan, on the update of the US$10,500,000,000 Global Medium Term Note Programme established by KMG Finance and KMG and the issuances by KMG of US$500,000,000 4.875% Notes due 2025 (Series 8) and US$1,000,000,000 6.00% Notes due 2044 (Series 9) under the Programme. More >>
Tags: Dechert LLP | Almaty | LondonChadbourne Represents Lenders on US$4 Billion Financing for Train Two of the Freeport LNG Liquefaction Project
Chadbourne & Parke represented the lenders on the US$4.025 billion financing of Train Two of the Freeport LNG liquefaction and export project at Quintana Island near Freeport, Texas. The Freeport LNG liquefaction project is an approximately US$11 billion project, making it the largest fully non-recourse construction financing project ever. More >>
Tags: Los Angeles | New York | Washington
Bracewell Represents Kinder Morgan, Inc. in Closing of KMP, KMR and EPB Acquisition for Approximately $76 Billion in Transaction Value
Bracewell & Giuliani LLP is representing Kinder Morgan, Inc. (NYSE: KMI) in connection with the completion of its acquisition 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) for approximately $76 billion in total transaction value. The transaction was initially announced on August 10, 2014. More >>
Tags: Bracewell LLP | Houston
