Proskauer London represented Banco Popolare in its recently completed €1.5 billion ($2.1 billion) capital increase in the form of a rights offering in reliance on Regulation S. The capital increase was fully subscribed and represents the largest completed equity capital markets transaction in Italy in 2014 to date.
Hunton & Williams LLP Represents Owner of 20 Exchange Place in $240M Construction Loan
Hunton & Williams LLP advised DTH Capital Inc. in connection with a $240 million construction loan with respect to 20 Exchange Place, the landmark Art Deco building built in 1931 as headquarters for firms that ultimately became Citigroup.
A number of the tower floors were previously converted to apartments following construction financing obtained in 2006. The proceeds of the loan will be used, in part, to convert the remaining floors to residential apartments, significantly upgrade the residential amenities and build out commercial space on the mezzanine and subcellar floors.
Tags: Hunton Andrews Kurth LLP | New York
Herbert Smith Freehills Advises China Merchants Bank Hk Branch On Us$5 Billion Mtn Program And First Drawdown
Herbert Smith Freehills has advised China Merchants Bank Co. Ltd. Hong Kong Branch on the establishment of its US$5 billion Medium Term Note (MTN) program and the first drawdown of US$500 million.
Tags: Herbert Smith Freehills LLPRange Resources Corporation $399.5 Million Block Trade
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC as underwriters in connection with a $399.5 million SEC-registered primary block trade of 4,560,000 shares of common stock of Range Resources Corporation. The common stock is listed on the New York Stock Exchange under the symbol “RRC.”
Gilbert + Tobin advises TPG led consortium on acquisition of DTZ for $1.215 billion
Gilbert + Tobin is advising a consortium, comprising TPG Asia, Inc (TPG), Hong Kong investment manager PAG Asia Capital (PAG) and Canada’s Ontario Teachers’ Pension Plan (OTPP) (together TPG and Partners) on its acquisition of DTZ, a global property services business of UGL Limited (ASX:UGL) for the $1.215 billion transaction.
Tags: Gilbert, LLPINEOS Group Holdings S.A.’s High-Yield Senior Debt Offering
Cravath represented INEOS Group Holdings S.A. in connection with its €600 million and US$590 million 144A/Reg. S high‑yield senior debt offering, guaranteed by INEOS Luxembourg S.A., INEOS Holdings Limited and certain of their subsidiaries. INEOS is one of the world’s largest chemical companies and has highly integrated, world‑class chemical facilities and production technologies. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on February 18, 2014.
Cooley Advises MobileIron on $100 Million Initial Public Offering
Cooley LLP announced today that it advised MobileIron, Inc. on its $100 million IPO. MobileIron offers software solutions that enable enterprises to secure and manage mobile applications, content and devices while providing their employees with device choice, privacy and a native user experience. MobileIron’s stock now trades on the NASDAQ Global Stock Market under the symbol “MOBL.”
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Jackson Walker Represents Prophet Equity in Formation of $345 Million Private Equity Fund
Jackson Walker successfully represented Prophet Equity, a Southlake, Texas–based private equity firm, in connection with the formation and fundraising activities for its second fund, Prophet Equity II LP. Prophet Equity debuted in 2008 with a $271 million fund, and held an initial closing for Fund II on March 21, 2014, having raised $255.6 million of a targeted $345 million in under seven weeks. Prophet Equity completed capital raising for Fund II on May 30, 2014, having raised all of the targeted $345 million.
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Acquisition of 45% stakeholding in a Vietnamese project company – US$2.3 billion
Rodyk is acting for a Chinese state-owned EPC contractor in its US$2.3 billion acquisition of 45% stakeholding in a Vietnamese project company to develop a 2 x 660 MW coal-fired thermal power facility in Vietnam including advising on the build-operate-transfer agreement, power purchase agreement, coal supply agreement, EPC contract and related bonds and guarantees.
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Selman Breitman Welcomes New Partner John P. Katerndahl
John Katerndahl brings more than 25 years’ experience handling cases involving toxic tort products liability, premises liability, discrimination and business litigation. He has represented manufacturers, retailers, premises owners, telephone companies and contractors, and has amassed an impressive record of trial victories.
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