AmerisourceBergen and MWI Veterinary Supply, Inc. announced that they have entered into a definitive merger agreement for AmerisourceBergen to acquire MWI Veterinary Supply (MWI), the leading animal health distribution company in the United States. Under the terms and conditions of the merger agreement, AmerisourceBergen, through a new wholly owned subsidiary, will make an all‑cash tender offer for all of the outstanding shares of MWI at a price of $190.00 per share, representing a $2.5 billion fully diluted equity value. Cravath represented AmerisourceBergen in connection with this transaction, which is expected to close during the March quarter of 2015. More >>
Tags: New YorkFedEx Corporation $2.5 Billion Notes Offering
Davis Polk advised FedEx Corporation (“FedEx”) on its SEC-registered offering of $400 million principal amount of 2.300% notes due 2020, $700 million principal amount of 3.200% notes due 2025, $500 million principal amount of 3.900% notes due 2035, $650 million principal amount of 4.100% notes due 2045 and $250 million principal amount of 4.500% notes due 2065. The joint book-running managers of the offering were Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC. More >>
Tags: Menlo Park | New YorkSimpson Thacher Represents Underwriters in $2.5 Billion Debt Offering by FedEx Corporation
The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC, in connection with a public offering by FedEx Corporation (“FedEx”) of $400 million aggregate principal amount of 2.300% Notes due 2020, $700 million aggregate principal amount of 3.200% Notes due 2025, $500 million aggregate principal amount of 3.900% Notes due 2035, $650 million aggregate principal amount of 4.100% Notes due 2045 and $250 million aggregate principal amount of 4.500% Notes due 2065. The Notes are guaranteed by 10 subsidiaries of FedEx. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkMorgan Lewis Advises Highstar Capital on Acquisition of Salem Harbor Power Station Project and $730 Million Construction Financing
Morgan Lewis represented Highstar Capital IV, L.P., and its affiliated funds (“Highstar IV”), managed by Oaktree Capital Management, L.P., in the acquisition and project financing of the Salem Harbor Power Station development project, a 700MW gas-fired power plant to be built in Salem, Massachusetts. More >>
Tags: Morgan, Lewis & Bockius LLP | New YorkMilbank Represents Lenders in US$800M Financing for Expansion of Metro System in Santiago, Chile
In a major transportation financing in Chile, Milbank, Tweed, Hadley & McCloy LLP represented international bank groups in committing a total of US$800 million in financing to be used for the expansion of the metropolitan subway system in Santiago, Chile. More >>
Tags: Milbank LLP | New YorkSimpson Thacher Represents Initial Purchasers in $600 Million Offering of Convertible Preferred Stock by WMI Holdings Corp.
Simpson Thacher represented Citigroup Global Markets Inc. and KKR Capital Markets LLC in their role as initial purchasers in the recent $600 million offering by WMI Holdings Corp. of shares of its 3.00% Series B Convertible Preferred Stock. The offering was conducted in reliance on Rule 144A. The net proceeds from the offering are expected to be used by WMI to explore and fund acquisitions and related expenses. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkMayer Brown represents Bristol-Myers Squibb in $1.4 billion pension de-risking
Mayer Brown LLP acted as counsel to Bristol-Myers Squibb Company in the transfer of $1.4 billion in US pension obligations, including related assets, for approximately 8,000 US retirees and their beneficiaries to The Prudential Insurance Company of America through the purchase of a group annuity contract. More >>
Tags: Mayer Brown LLP | Chicago | New York | Palo AltoHinshaw & Culbertson LLP Continues National Growth with Addition of Janis Meyer
The national law firm of Hinshaw & Culbertson LLP announced that Janis M. Meyer will join its New York office as a partner in the Lawyers for the Profession® practice group, effective January 1, 2015. Ms. Meyer will focus her practice on professional responsibility, legal ethics, risk management, human resources and insurance matters.
Prior to joining Hinshaw, Ms. Meyer was a partner and General Counsel at Dewey & LeBoeuf LLP, and subsequently served as a member of its Wind-Down Committee, overseeing the bankruptcy filing in 2012 and the wind-down of the firm. She has continued to serve as a consultant to the Dewey & LeBoeuf Liquidation Trust. More >>
Tags: Hinshaw & Culbertson LLP | New YorkBlank Rome Adds Top White Collar Defense Attorneys To New York Office
Blank Rome LLP is pleased to announce that Jeff Hoffman and Susan Wolfe have joined the Firm’s White Collar Defense and Investigations group in New York. Mr. Hoffman joins the Firm as a partner with more than 40 years of criminal defense experience, representing politicians, business leaders, attorneys, and many others in scores of federal and state cases. Ms. Wolfe, who joins Blank Rome as of counsel, also works with individuals facing criminal prosecution, focusing primarily on cases at the appellate level. Mr. Hoffman, a founding partner of Hoffman & Pollock, and Ms. Wolfe, also a partner at that firm, have moved their practices to Blank Rome. More >>
Tags: Blank Rome LLP | New YorkMilbank Represents Export Development Canada in US$1 Billion Global Bond Offering
Milbank, Tweed, Hadley & McCloy LLP has served as US counsel to Canada’s export credit agency, Export Development Canada, in its SEC-registered US$1 billion offering of 1.625% global bonds due 2019 which closed in December 2014. Proceeds will be used for corporate purposes. More >>
Tags: Milbank LLP | New York





