Axinn, Veltrop & Harkrider is pleased to announce that Delphine Knight Brown has joined its Intellectual Property Group as a partner. She will be based in the firm’s New York office.
Tags: Axinn, Veltrop & Harkrider LLP | New York
Simpson Thacher Represents JLL Partners, Inc. in Financing for the Formation of Joint Venture with Royal DSM
The Firm is representing JLL Partners in connection with the financing of its take-private purchase of its 55.7%-owned portfolio company, Patheon, Inc., and Patheon’s related combination with Royal DSM’s Pharmaceutical Products business. The transaction will be financed through a combination of equity investments and debt, including $1.65 billion in debt financing committed by J.P. Morgan, UBS, Jefferies, KeyBank and Morgan Stanley. The combined company will provide contract development and manufacturing services in the pharmaceutical industry and will be 51% owned by JLL and 49% owned by DSM.
Tags: Simpson Thacher & Bartlett LLP | New York
Davis Polk – Genesee & Wyoming Inc. Secondary Offering
Davis Polk advised Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as underwriters in connection with the SEC-registered secondary offering of 5,984,232 shares of Class A common stock of Genesee & Wyoming Inc. by investment funds associated with The Carlyle Group. The net proceeds from the offering were approximately $580.7 million.
Tags: Davis Polk & Wardwell LLP | New YorkSimpson Thacher Represents Jostens, Inc. in its Acquisition of American Achievement Group Holding Corp.
The Firm is representing Jostens, Inc. (“Jostens”) in connection with its announced acquisition of American Achievement Group Holding Corp. (“American Achievement”). American Achievement is a premier provider of commemorative jewelry and recognition products such as class rings, yearbooks, letter jackets and other jewelry, including military and family products. American Achievement’s products and brands include Balfour®, Taylor, ArtCarved® and Keepsake®. The transaction, which is subject to customary closing conditions and regulatory review, is expected to close not later than the second quarter of 2014.
Tags: Simpson Thacher & Bartlett LLP | New York
Cahill Represents Initial Purchasers in $500 Million Notes Offering by IAC/InterActiveCorp
Cahill represented the joint book-running managers and co-managers in connection with the Rule 144A offering of $500,000,000 aggregate principal amount of 4.875% Senior Notes due 2018 by IAC/InterActiveCorp, leading media and Internet company. Proceeds from the offering are to be used for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New York
Thompson Hine New York Brings on Third Litigation Partner in Three Months
Thompson Hine LLP is pleased to announce that Tammy Bieber, a securities litigator, has joined its New York office as a partner in the Business Litigation practice, which the firm has identified as a growth area for the office. She previously was a partner at Shearman & Sterling LLP and spent time at the U.S. Securities and Exchange Commission, where she served as a senior legal adviser to the Chief Accountant. Bieber is the third partner to join the Business Litigation practice in New York in recent months; the firm recently hired Michael W. Jahnke, who focuses on antitrust litigation, and Maranda Fritz, who focuses on white-collar criminal matters.
Tags: Thompson Hine LLP | New YorkSimpson Thacher Represents Capsugel S.A. in Offering of $465 Million Senior PIK Toggle Notes
The Firm recently represented Capsugel S.A., a newly formed société anonyme incorporated in Luxembourg, in its sale of $465 million of 7.00%/7.75% Senior PIK Toggle Notes due 2019, pursuant to Rule 144A and Regulation S. The net proceeds of the offering were used to fund a distribution to holders of Capsugel S.A.’s capital stock and to pay transaction-related fees and expenses. Goldman, Sachs & Co. led the group of initial purchasers for the offering.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Bank of America, BBVA, Banco Santander and Bancolombia in $600 Million Bridge Financing of CFR Pharmaceuticals S.A.’s Proposed Cross-Border Acquisition of Adcock Ingram Holdings Limited
Simpson Thacher is representing Bank of America, N.A., as administrative agent and lender, and Banco Bilbao Vizcaya Argentaria, Chile, Banco Santander – Chile, Bancolombia (Panama), S.A., and Bancolombia S.A., as lenders, in connection with $600 million in bridge financing for CFR Pharmaceuticals S.A.’s proposed 12.6 billion South African rand (US$1.2 billion) acquisition in cash and equity of Adcock Ingram Holdings Limited.
Tags: Simpson Thacher & Bartlett LLP | New York
Milbank Represents Lenders in $800 Million Syndicated Loan to Leading Mexican Steel Company Ternium
In its second large financing in Mexico this month, Milbank, Tweed, Hadley & McCloy advised four principal lenders in an $800 million syndicated financing for Ternium México S.A. de C.V., a leading steel, plastics, and aluminum processor that is the Mexican arm of Luxembourg-based steel concern Ternium SA (NYSE:TX).
Tags: Milbank LLP | New York
White & Case Enhances Global Asset Finance Practice with Addition of New Partner in New York
Global law firm White & Case LLP today announced that it has strengthened its Global Asset Finance Practice with the addition of Ji Hoon Hong as a partner in New York.
Tags: White & Case LLP | New York