SorinRand, leading advisor to early stage and emerging growth companies in technology and tech-enabled industries and the investors who support them, is joining forces with McCarter & English. The transaction, which becomes effective October 1, will give the combined firm nine offices and approximately 425 attorneys. It will continue to be known as McCarter & English. More >>
Tags: McCarter & English, LLP
Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Arnold Peinado, Transportation and Space partners Hugh Robertson and Jim Pascale and Global Securities special counsel Kevin MacLeod, acted as US counsel to the underwriters in a public offering of $956 million aggregate face amount of enhanced equipment trust certificates (“EETCs”) by American Airlines, Inc. (“American”). More >>
Tags: Milbank LLP | New York
Clyde & Co has obtained the formal approval from the authorities in the Kingdom of Saudi Arabia (KSA) that will enable it to open a fully integrated Clyde & Co office in Riyadh.
Clyde & Co has been providing advice and assistance to its clients in relation to their operations in Saudi Arabia via its associated law firm in Riyadh, Abdulaziz Al-Bosaily Law Office, since 2009. The move to a fully integrated Clyde & Co office is a major step forward for Clyde & Co in KSA providing a solid platform for further expansion of its KSA business. The firm will be only one of two global law firms operating in KSA to move away from the traditional associated office structure. More >>
Tags: Clyde & Co LLP | Riyadh
Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint lead arrangers and joint book managers in connection with a $10 billion 364-day credit facility for Johnson & Johnson. More >>
Tags: Shearman & Sterling LLP | New York
The Firm recently represented Pinnacle Foods Inc. (“Pinnacle Foods”) and the selling stockholders, consisting primarily of certain funds affiliated with The Blackstone Group, L.P., in connection with a secondary offering of 15,000,000 shares of common stock of Pinnacle Foods by the selling stockholders for aggregate gross proceeds of approximately $478.5 million. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkJenner & Block represented Brown Jordan International in financing matters related to Brown Jordan’s acquisition of Tropitone Furniture Co., Inc. Brown Jordan owns and operates companies that serve the indoor and outdoor furniture industries. The company offers a wide range of furniture products and accessories under various brands. The acquisition combines leading providers of outdoor casual furniture with the retail and hospitality markets into a company generating consolidated net sales of nearly $400 million. The combined company will be headquartered in Florida. News of the acquisition was reported in the Miami Herald and Furniture World, among other outlets. More >>
Tags: Miami
DLA Piper has advised Blackstone on the acquisition of a pan-European portfolio of 18 logistics assets from SEB Investment GmbH (‘SEB’), valued in excess of €275 million. The transaction is the most geographically diverse logistics portfolio to ever be sold in Europe.
The 18 property portfolio is spread across eight European countries: Austria; France; Germany; Hungary; the Netherlands; Norway; Spain and the United Kingdom. More >>
Tags: DLA Piper | Amsterdam | Vienna
Dentons has advised the Government of Sharjah, acting through Sharjah Finance Department, on the issuance of US$750 million Trust Certificates due 2024 which completed on 17 September 2014. The Certificates were listed on the Irish Stock Exchange and on the Nasdaq Dubai and represented the Government’s first ever Sukuk issuance. More >>
Tags: Dentons | Dubai
Allen & Overy has advised HSBC and Standard Chartered Bank as joint global coordinators and bookrunners along with several other bookrunners and co-managers on the USD1 billion sukuk offering by The Government of the Hong Kong Special Administrative Region of the People’s Republic of China, the first Islamic bond issuance by the HKSAR Government. The AAA-rated 5-year trust certificates were offered in a combined Rule 144A/Regulation S transaction to institutional investors internationally. More >>
Tags: Allen & Overy LLP | Hong Kong
Global law firm White & Case LLP has advised the Joint Lead Managers on the issuance by the Republic of Indonesia of US$1.5 billion, 4.35 percent Sukuk due 2024.
“This transaction represents an important innovation in the way that sovereigns can issue Sukuk to fund public infrastructure development projects,” said UAE-based partner Shibeer Ahmed who, together with fellow Singapore-based partner, Kaya Proudian, led the White & Case team which advised on the issuance. “The reaction from the market demonstrates the strong investor interest in the Republic’s capital markets issuances.” More >>
Tags: White & Case LLP | Dubai | Singapore