Cravath represented the borrower, Qualcomm Incorporated, in connection with its $4 billion five‑year senior unsecured revolving credit facility made available by Bank of America, as agent, to be used for working capital, capital expenditures and other general corporate purposes. Qualcomm is a world leader in 3G, 4G and next‑generation wireless technologies. The transaction closed on February 18, 2015. More >>

Winston & Strawn LLP is pleased to announce that four finance and securities attorneys have joined the firm’s New York office from Pillsbury Winthrop Shaw Pittman LLP.

The latest group to join Winston includes leveraged finance attorney Mats Carlston, who will serve as Winston’s co-chair of global finance. He has more than 20 years of experience and represents lead arrangers, agents, lenders, investors, and borrowers in domestic and cross-border financings, with an emphasis on leveraged buyouts and recapitalizations of private equity-sponsored enterprises. More >>

Davis Polk advised the underwriters in connection with the offering of $3.5 billion aggregate principal amount of 1.125% U.S. dollar bonds due March 19, 2018, issued by Her Majesty in right of Canada. More >>

Paul, Weiss client HCP, Inc. announced that it has entered into a definitive agreement to acquire from Chartwell Retirement Residences a portfolio of private pay senior housing communities for $849 million. The portfolio will be acquired using a RIDEA joint venture structure formed by HCP in which Brookdale Senior Living will own a 10 percent interest. More >>

Cravath represented The Priceline Group Inc. in connection with its €1 billion registered senior debt offering. The Priceline Group Inc. is a leading provider of online travel and travel‑related reservation and search services. The notes were listed on the New York Stock Exchange. The transaction closed on March 3, 2015. More >>

Andrew M. Felner has joined the New York office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Corporate practice group. Felner joins from FDX Capital LLC/FDX Offshore LLC, where he was co-founder and managing partner of the financial advisory firm and affiliated merchant bank, and where he will remain as a board member. In addition to private practice, Felner spent 10 years at Citigroup Inc., where he was Deputy General Counsel, overseeing all proprietary M&A activity and several other key legal practice groups for the global bank, including securities issuance and SEC reporting More >>

Cravath represented the underwriters, led by J.P. Morgan Securities, Mizuho Securities, Wells Fargo Securities, Barclays, BNP Paribas, HSBC, MUFG, RBS, SMBC Nikko and TD Securities, in connection with the US$21 billion registered fixed and floating rate notes offering of Actavis Funding SCS, an indirect wholly owned subsidiary of Actavis plc, a global specialty pharmaceutical company. Proceeds of the offering were used to finance the acquisition of Allergan, Inc. by Actavis. The transaction, which closed on March 12, 2015, was the second largest corporate debt issuer offering to date More >>

Simpson Thacher represented Deutsche Bank AG, London Branch, Goldman, Sachs & Co., Merrill Lynch International and Wells Fargo Securities International Limited in connection with Berkshire Hathaway Inc.’s first registered public offering of euro-denominated notes. Berkshire Hathaway Inc. (“Berkshire”) offered €3 billion aggregate principal amount of debt securities, consisting of €750 million of 0.75% Senior Notes due 2023, €1.250 billion of 1.125% Senior Notes due 2027 and €1 billion of 1.625% Senior Notes due 2035. The offering closed on March 16, 2015. The notes will be listed on the New York Stock Exchange. More >>

Offit Kurman has opened a new office location in New York City. Located in the heart of Midtown Manhattan, the office occupies the 51st floor of One Grand Central Place, a historic skyscraper overlooking Grand Central Terminal. Financial institutions regulatory attorney Daniella Casseres will spearhead the expansion. More >>