Fiat Chrysler’s $3.975 Billion Registered Common Shares and Registered Convertible Debt Offerings

Cravath represented the underwriters, led by J.P. Morgan Securities, Goldman, Sachs & Co., Barclays and UBS Investment Bank, in connection with the US$1.1 billion registered offering of common shares and the US$2.875 billion registered offering of mandatory convertible securities of Fiat Chrysler Automobiles N.V., the seventh largest automaker in the world. The transactions closed on December 16, 2014. More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Imperial Tobacco to Acquire Brands and Assets for $7.1 Billion from Reynolds American as Part of Its $27.4 Billion Acquisition of Lorillard

Davis Polk is advising Credit Suisse Securities (Europe) Limited as sole sponsor and joint financial adviser to Imperial Tobacco Group PLC on its $7.1 billion acquisition of U.S. cigarette brands Winston, Maverick, Kool, Salem and U.S. and international e-cigarette blu, plus other assets, from Reynolds American Inc. as part of its $27.4 billion acquisition of Lorillard Inc. A circular seeking shareholder approval of the transaction was published by Imperial Tobacco on December 15, 2014. The transaction, which is expected to close in the first half of 2015, is subject to shareholder and certain regulatory approvals. More >>

Tags:  London | New York

Shearman & Sterling Advises Lenders on Los Ramones Sur Gas Pipeline

Shearman & Sterling acted as lenders’ counsel for the Pemex and GDF Suez consortium in connection with the approximately $890 million senior secured financing related to the development, construction, operation and maintenance of the Los Ramones Sur gas transportation system. The new system will be comprised of a new natural gas pipeline of approximately 291.5 km in length and 42 inches in diameter and approximately 15.5 km of 16 inch diameter pipeline to be located in central Mexico, commencing at the point of interconnection with the Los Ramones II (Norte) Project located in the Municipality of Villa Hidalgo in the State of San Luis Potosi and terminating at the interconnection point with the 36-inch diameter natural gas pipeline owned by PGPB located in the Municipality of Apaseo El Alto in the State of Guanajuato. More >>

Tags:  Shearman & Sterling LLP | New York

Simpson Thacher Represents the Initial Purchasers in $400 Million Senior Notes Offering by First Tennessee Bank National Association

The Firm represented Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and FTN Financial Securities Corp. as the initial purchasers in connection with the Section 3(a)(2) exempt offering of $400 million aggregate principal amount of 2.950% Senior Notes due 2019 by First Tennessee Bank National Association. More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Shearman & Sterling Advises Lenders on Los Ramones Sur Gas Pipeline

Shearman & Sterling acted as lenders’ counsel for the Pemex and GDF Suez consortium in connection with the approximately $1.1 billion senior secured financing related to the development, construction, operation and maintenance of the Los Ramones Sur gas transportation system. The new system will be comprised of a new natural gas pipeline of approximately 291.5 km in length and 42 inches in diameter and approximately 15.5 km of 16 inch diameter pipeline to be located in central Mexico, commencing at the point of interconnection with the Los Ramones II (Norte) Project located in the Municipality of Villa Hidalgo in the State of San Luis Potosi and terminating at the interconnection point with the 36-inch diameter natural gas pipeline owned by PGPB located in the Municipality of Apaseo El Alto in the State of Guanajuato. More >>

Tags:  Shearman & Sterling LLP | New York

Kirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company

Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock. More >>

Tags:  Kirkland & Ellis LLP | Chicago | Houston | Los Angeles | New York | Palo Alto | San Francisco | Silicon Valley | Washington

Paul Hastings Represents Real Estate Capital Asia Partners IV in the Formation of $850 Million Fund

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Real Estate Capital Asia Partners IV and its investment manager, SC Investment Management Pte. Ltd., in the formation of an $850 million private investment fund that will focus on real estate investment opportunities across the Asia Pacific region. The Fund held its final closing on December 5, 2014, raising capital from a diverse institutional investor base including, among others, public and private pension funds, endowments and private foundations. Paul Hastings also represented the Fund in establishing a $150 million subscription line credit facility. More >>

Tags:  Paul Hastings, LLP | New York