Shearman & Sterling represented Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Deutsche Bank Securities Inc., as joint bookrunning managers, and BMO Capital Markets Corp., PNC Capital Markets LLC and RBS Securities Inc. and Wells Fargo Securities, LLC as co-managers, in connection with a Rule 144A/Regulation S offering by Steel Dynamics, Inc. (the “Company”) of $700,000,000 aggregate principal amount of 5.125% Senior Notes due 2021 and $500,000,000 aggregate principal amount of 5.500% Senior Notes due 2024. The Senior Notes are guaranteed by certain subsidiaries of the Company. The Senior Notes were issued to escrow pending the Company’s planned acquisition of Severstal Columbus, LLC. More >>
Tags: New York | Washington
Shearman & Sterling Advises Lenders on $600 Million Bridge Financing for Gasoducto Sur Peruano Pipeline Project
Shearman & Sterling acted as designated lenders’ counsel in connection with the $600 million bridge financing for Gasoducto Sur Peruano S.A.’s southern gas pipeline project in Peru. The bridge financing is expected to be taken out by a $3.8 billion project financing. This financing is expected to be one of the largest non-recourse financings in the region. More >>
Tags: Shearman & Sterling LLP | New York | San Francisco
Simpson Thacher Represents The Carlyle Group in Raising $3.9 Billion Asia Buyout Fund
Simpson Thacher represented The Carlyle Group in the establishment of its fourth fund dedicated to buyouts and other private equity investments in Asia, Carlyle Asia Partners IV, L.P. Carlyle has announced that CAP IV raised $3.9 billion of total commitments, exceeding its target. The fund is reported to be the second-largest private equity fund ever raised for Asia investments. More >>
Tags: Simpson Thacher & Bartlett LLP
Baker Botts Represents Windsor Foods in $800 Million Sale to Ajinomoto
Ajinomoto Co. Inc., a Tokyo-based, worldwide leader in high-quality processed foods and seasonings and a household name in Asia , announced today that it has entered into an agreement, through its subsidiary Ajinomoto North America, Inc., to acquire Texas-based Windsor Quality Holdings LP, a leading manufacturer of ethnic frozen foods in the U.S., including brands such as Ling Ling and Josè Olè. More >>
Tags: Baker Botts L.L.P. | Dallas
Davis Polk Advises Morgan Stanley on $2.25 Billion Subordinated Notes Offering
Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of $2.25 billion aggregate principal amount of 4.35% subordinated notes due September 8, 2026. The underwriters for the offering were led by Morgan Stanley & Co. LLC, and included Mitsubishi UFJ Securities (USA), Inc., ABN AMRO Securities (USA) LLC, Apto Partners, LLC, Banca IMI S.p.A., BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC, Commerz Markets LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, KeyBanc Capital Markets Inc., Lloyds Securities Inc., Mischler Financial Group, Inc., Natixis Securities Americas LLC, Scotia Capital (USA) Inc., SG Americas Securities, LLC, SunTrust Robinson Humphrey, Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. More >>
Tags: Davis Polk & Wardwell LLP | New York
FaegreBD Represents General Mills in Acquiring Annie’s, Inc.
Faegre Baker Daniels is representing General Mills in acquiring Annie’s, Inc., a leading producer of organic and natural food products. General Mills announced that it has entered into a definitive agreement on Sept. 8, and the transaction, with an approximate aggregate value of $820 million, is expected to close by the end of 2014. More >>
Tags: Faegre Drinker Biddle & Reath LLP | Minneapolis
Gibson Dunn Adds Real Estate Partner Stuart Graiwer in Los Angeles
Gibson, Dunn & Crutcher LLP is pleased to announce that Stuart Graiwer has joined the firm’s Century City office as a partner. Graiwer, formerly a partner with Stroock & Stroock & Lavan, will continue his commercial real estate practice. More >>
Tags: Gibson, Dunn & Crutcher LLP | Los Angeles
Goodwin Procter Advises Investor Consortium in Rakuten’s $1 Billion Acquisition of Ebates
Goodwin attorneys recently advised an investor consortium in connection with Rakuten Inc.’s announced $1 billion cash acquisition of retail website Ebates. The investor group, which together owns a substantial majority of Ebates, includes August Capital, Canaan Partners and Foundation Capital. The transaction is expected to close in October 2014. More >>
Tags: Goodwin Procter LLP | Tokyo
Locke Lord and Edwards Wildman to Explore Potential Combination of The Two Law Firms
The management teams of Locke Lord LLP and Edwards Wildman Palmer LLP have signed a Letter of Intent to combine the two law firms. If a combination is achieved, the combined firm – Locke Lord Edwards LLP – would have more than 1,000 lawyers in 23 cities around the globe. More >>
Tags: Locke Lord LLPKleinberg Kaplan Bolsters Litigation & Risk Management Practice with Addition of Partner Steven R. Popofsky
Steven R. Popofsky has joined the firm as a partner in the Litigation and Risk Management department. With over 32 years in practice, Popofsky represents corporations, partnerships, private investment funds, individuals and family entities in a variety of complex and business litigation and arbitration matters. Popofsky previously was a litigation partner at Moses & Singer in New York. More >>
Tags: New York