Law firm Eversheds has advised New World China Land Limited (NWCL) on the establishment of its US$1.5 billion Medium Term Note Programme and its first issuance under the Programme. More >>
Tags: Eversheds Sutherland | Hong Kong
Willkie Launches Houston Office
Willkie Farr & Gallagher LLP today announced that it is opening an office in Houston, Texas. The office will be the New York firm’s first new domestic office opening in more than 30 years. Willkie has a substantial client base in Texas including a number of the most highly regarded energy-related funds and most active industrial buyout firms in the region. This move furthers the firm’s strategy to combine the strengths of its existing relationships, the private equity, leveraged finance, M&A and capital markets skills of a traditional Wall Street firm and the talents of Houston-based attorneys specializing in energy and buyout transactions.
Launching the Houston office will be Willkie corporate partner Bruce Herzog, together with Michael Piazza, who joins from Bracewell & Giuliani LLP, and Angela Olivarez, who joins from Jones Day. More >>
Tags: Willkie Farr & Gallagher LLP | Houston
McDermott Advises Constellation Brands in $800 Million Notes Offering
International law firm McDermott Will & Emery LLP represented Constellation Brands, Inc., a leading beverage alcohol company, in its concurrent issuances on November 3, 2014 of $400 million aggregate principal amount of Senior Notes due 2019 and $400 million aggregate principal amount of Senior Notes due 2024 in a public offering under a shelf registration statement filed with the Securities and Exchange Commission. More >>
Tags: McDermott Will & Emery LLP | BostonHall Render Expands National Presence with New Offices in Denver and Philadelphia
Hall Render is growing its presence by expanding into the West and Northeast with the addition of offices in Denver and Philadelphia.
“This expansion is part of a larger objective to extend the firm’s national reach in providing legal counsel to the health care industry that is more locally accessible, comprehensive and reasonably priced,” said John Ryan, president of Hall Render. More >>
Tags: Denver | Philadelphia
Herbert Smith Freehills advises on Tata Motors US$750 million bond offering in Singapore
Herbert Smith Freehills has advised the joint lead managers and joint bookrunners on Tata Motors Limited’s US$750 million dual-tranche fixed rate bond offering. The deal represents the first bond offering by an Indian corporate to take advantage of the new 5% withholding tax on foreign currency bond issuances by Indian entities. More >>
Tags: Herbert Smith Freehills Kramer LLP | Hong Kong | SingaporeChina Travel Service (Holdings) Hong Kong Limited US$300 Million 3.875% Guaranteed Notes and US$700 Million 5.625% Guaranteed Notes Offering
Davis Polk advised The Hongkong and Shanghai Banking Corporation Limited, UBS AG, Hong Kong Branch, CCB International Capital Limited, ABCI Capital Limited, Industrial and Commercial Bank of China (Asia) Limited and J.P. Morgan Securities plc as joint bookrunners and joint lead managers in connection with the Regulation S only offering by King Power Capital Ltd. (“Issuer”) of its US$300 million 3.875% guaranteed notes due 2019 and US$700 million 5.625% guaranteed notes due 2024 (“Notes”). The Notes are unconditionally and irrevocably guaranteed by China Travel Service (Holdings) Hong Kong Limited (香港中旅(集團)有限公司)(“Guarantor”). The Issuer is a wholly owned subsidiary of the Guarantor. More >>
Tags: Hong Kong
Sapient’s $3.7 Billion Acquisition by Publicis Groupe
Publicis Groupe and Sapient announced that they have entered into a definitive agreement under which Publicis Groupe will acquire Sapient in an all‑cash transaction for $25.00 per share, or approximately $3.7 billion. Cravath represented Sapient in this transaction, which is expected to close in the first quarter of 2015, subject to the satisfaction of customary closing conditions and regulatory approvals. More >>
Tags: Cravath, Swaine & Moore LLP | New York
Cahill Represents Initial Purchasers in Acquisition Financing for Lundin Mining
Cahill represented BofA Merrill Lynch and Scotiabank as joint book-running managers and ING, Societe Generale, SEB, BMO Capital Markets, and GMP Securities as co-managers in connection with the Rule 144A offering of $1,000,000,000 aggregate principal amount of senior secured notes, comprised of $550,000,000 aggregate principal amount of 7.5% Senior Secured Notes due 2020 and $450,000,000 aggregate principal amount of 7.875% Senior Secured Notes due 2022 by Lundin Mining Corporation, a diversified base metals mining company. Proceeds will be used, in part, fund the acquisition of 80% of the equity interests in the Candelaria mine and Ojos del Salado mine in Chile. Funds will be released from escrow upon the closing of the transaction.
Tags: Cahill Gordon & Reindel LLP
Brach Eichler Opens Florida Office
The law firm of Brach Eichler LLC has opened an office in Palm Beach, Florida, located at 2875 South Ocean Blvd., with Lani M. Dornfeld as resident member. More >>
Tags: Brach Eichler LLC | Palm Beach
Milbank Represents SBM Offshore in US$450M Bond Offering for “Deep Panuke” Natural Gas Production Platform
In its latest large capital markets transaction in the energy sector, Milbank, Tweed, Hadley & McCloy LLP has represented SBM Offshore N.V. in the $450 million bond offering supporting the company’s natural gas production center deployed in the Deep Panuke natural gas field off the coast of Nova Scotia. More >>
Tags: Milbank LLP | New York