Willkie Client Centerview Partners serves as financial advisor to Salix Pharmaceuticals, a leader in the gastrointestinal market. More >>
Tags: New York
Simpson Thacher Represents the Underwriters in $1 Billion Debt Offering by The Charles Schwab Corporation
The Firm represented the underwriters, led by Citigroup Global Markets Inc., Goldman, Sachs & Co. and Wells Fargo Securities, LLC as joint bookrunning managers, in connection with a public offering of $1 billion aggregate principal amount of debt securities of The Charles Schwab Corporation, consisting of $625 million aggregate principal amount of 1.5% Senior Notes due 2018 and $375 million aggregate principal amount of 3% Senior Notes due 2025. The offering closed on March 10, 2015. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkAlabama Power Company $550 Million Senior Notes Offering
Pilgrim’s Pride Corporation $500 Million Senior Unsecured Notes Offering
Davis Polk advised Credit Suisse Securities (USA) LLC, Barclays Capital Inc., Rabo Securities USA, Inc., RBC Capital Markets, LLC, Wells Fargo Securities, LLC, SG Americas Securities, LLC and U.S. Bancorp Investments, Inc. as initial purchasers in connection with a $500 million offering of 5.750% senior unsecured notes due 2025 by Pilgrim’s Pride Corporation, which were issued pursuant to Rule 144A and Regulation S under the Securities Act. More >>
Tags: New York | Washington
Paul Hastings Advises Banks in Financing the $8.7 Billion Acquisition of PetSmart by a Consortium Led by BC Partners
Paul Hastings LLP, a leading global law firm, announced today that the firm advised the debt financing providers in connection with the $8.7 billion purchase of PetSmart, Inc. (“PetSmart”), North America’s leading specialty pet retailer of services and solutions for the lifetime needs of pets, by an investor consortium led by BC Partners. More >>
Tags: Paul Hastings, LLP | New York
Winston & Strawn Expands Corporate Practice with the Addition of Six Partners in New York and Washington, D.C.
Winston & Strawn LLP is pleased to announce that six partners have joined the firm across two offices. This latest acquisition underscores Winston’s commitment to expand its corporate practice to meet the evolving needs of its diverse clientele.
“We are placing an emphasis on strategically expanding our corporate practice in key markets including New York, Houston, London, Los Angeles, Silicon Valley, and Washington, D.C.,” said Tom Fitzgerald, Winston’s firmwide managing partner. More >>
Tags: Winston & Strawn LLP | New York
Kirkland Represents HGGC in Formation of $1.33 Billion Fund II
Kirkland & Ellis represented HGGC, a leading middle-market private equity investment firm, which last week announced that it completed fundraising for HGGC Fund II, L.P. with total capital commitments of approximately $1.33 billion. More >>
Tags: Kirkland & Ellis LLP | Chicago | Houston | Los Angeles | New York | Palo Alto | San Francisco | Silicon Valley | Washington
Davis Polk Advises Verisk Analytics on Its Acquisition of Wood Mackenzie
Davis Polk is advising Verisk Analytics, Inc. in connection with its £1.850 billion (approximately $2.8 billion) acquisition of Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders. The transaction is expected to close during the second quarter of 2015, subject to the completion of customary closing conditions, including receipt of regulatory approvals. More >>
Tags: Davis Polk & Wardwell LLP | London | New YorkVoya Financial, Inc. $1.4 Billion Block Trade
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and Citigroup Global Markets Inc. in connection with the SEC-registered secondary block trade of 32,018,100 shares of common stock of Voya Financial, Inc. (“Voya”). Total gross proceeds to ING Groep N.V., the selling stockholder in the offering, were $1.4 billion. Voya’s common stock is traded on the New York Stock Exchange under the symbol “VOYA.” More >>
Tags: Menlo Park | New YorkSun Life Financial Announces Groundbreaking C$5 Billion Longevity Insurance Transaction with BCE
Willkie advises Sun Life Financial in transaction with BCE, Canada’s largest communications company.
Willkie recently advised Sun Life Financial in its C$5 billion longevity insurance transaction with BCE, Canada’s largest communications company. Under the terms of the longevity insurance agreement, the first of its kind in North America, the Bell Canada Pension Plan will pay monthly premiums to Sun Life in exchange for Sun Life making monthly pension payments into the plan for the lifetime of existing pensioners. BCE maintains full responsibility for the Bell Canada Pension Plan and related payments to pensioners. Sun Life will reinsure a portion of the longevity risk to RGA Canada and SCOR Global Life. More >>
Tags: New York