Cravath represented the underwriter, J.P. Morgan Securities, in connection with the US$3 billion registered subordinated debt offering of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on September 10, 2014. More >>
Tags: Cravath, Swaine & Moore LLP | New YorkFlorida Power & Light Company $500 Million First Mortgage Bond Offering
Hunton & Williams LLP advised the underwriters in the sale of $500,000,000 Florida Power & Light Company’s 4.05% Series due October 1, 2044.
Florida Power & Light Company is the third-largest electric utility in the United States, serving approximately 4.7 million customer accounts across nearly half of the state of Florida. It is a leading Florida employer with approximately 8,900 employees. FPL is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. More >>
Tags: New YorkKirkland & Ellis Represents Taminco Corp. in Acquisition by Eastman Chemical Co. for $2.8 Billion
Kirkland & Ellis LLP is representing Taminco Corp. (NYSE:TAM), the world’s largest producer of alkylamines and alkylamine derivatives, which today announced a definitive agreement to be acquired by Eastman Chemical Company (NYSE: EMN) for $26.00 per share, for a total transaction value of approximately $2.8 billion in cash. The transaction was approved by the Taminco and Eastman boards of directors, and is expected to close in the fourth quarter of 2014 subject to a go-shop process, approvals and closing conditions. More information on the transaction is available here. More >>
Tags: Kirkland & Ellis LLP | New YorkSteel Dynamics, Inc.’s $1.2 Billion Senior Notes Offering
Shearman & Sterling represented Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Deutsche Bank Securities Inc., as joint bookrunning managers, and BMO Capital Markets Corp., PNC Capital Markets LLC and RBS Securities Inc. and Wells Fargo Securities, LLC as co-managers, in connection with a Rule 144A/Regulation S offering by Steel Dynamics, Inc. (the “Company”) of $700,000,000 aggregate principal amount of 5.125% Senior Notes due 2021 and $500,000,000 aggregate principal amount of 5.500% Senior Notes due 2024. The Senior Notes are guaranteed by certain subsidiaries of the Company. The Senior Notes were issued to escrow pending the Company’s planned acquisition of Severstal Columbus, LLC. More >>
Tags: New York | WashingtonShearman & Sterling Advises Lenders on $600 Million Bridge Financing for Gasoducto Sur Peruano Pipeline Project
Shearman & Sterling acted as designated lenders’ counsel in connection with the $600 million bridge financing for Gasoducto Sur Peruano S.A.’s southern gas pipeline project in Peru. The bridge financing is expected to be taken out by a $3.8 billion project financing. This financing is expected to be one of the largest non-recourse financings in the region. More >>
Tags: Shearman & Sterling LLP | New York | San FranciscoDavis Polk Advises Morgan Stanley on $2.25 Billion Subordinated Notes Offering
Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of $2.25 billion aggregate principal amount of 4.35% subordinated notes due September 8, 2026. The underwriters for the offering were led by Morgan Stanley & Co. LLC, and included Mitsubishi UFJ Securities (USA), Inc., ABN AMRO Securities (USA) LLC, Apto Partners, LLC, Banca IMI S.p.A., BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC, Commerz Markets LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, KeyBanc Capital Markets Inc., Lloyds Securities Inc., Mischler Financial Group, Inc., Natixis Securities Americas LLC, Scotia Capital (USA) Inc., SG Americas Securities, LLC, SunTrust Robinson Humphrey, Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. More >>
Tags: Davis Polk & Wardwell LLP | New YorkKleinberg Kaplan Bolsters Litigation & Risk Management Practice with Addition of Partner Steven R. Popofsky
Steven R. Popofsky has joined the firm as a partner in the Litigation and Risk Management department. With over 32 years in practice, Popofsky represents corporations, partnerships, private investment funds, individuals and family entities in a variety of complex and business litigation and arbitration matters. Popofsky previously was a litigation partner at Moses & Singer in New York. More >>
Tags: New YorkAkin Gump Advises Laclede Group on $625 Million Senior Note Offering
Akin Gump advised The Laclede Group, Inc. on the closing of a $625 million senior note offering. Laclede issued and sold $250 million aggregate principal amount of its floating rate senior notes due 2017, $125 million aggregate principal amount of its 2.55 percent senior notes due 2019 and $250 million aggregate principal amount of its 4.70 percent senior notes due 2044 in an underwritten public offering.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkMilbank Represents SMBC in NEXI-supported $200M Loan to Brazilian Agribusiness Amaggi to Boost Food Exports to Japan
Milbank, Tweed, Hadley & McCloy LLP advised Japan’s Sumitomo Mitsui Banking Corp. (SMBC) in providing a $200 million loan to leading Brazilian soybean producer Amaggi Commodities, a transaction insured by the Japanese export credit agency Nippon Export and Investment Insurance (NEXI). SMBC acted as Lender, Mandated Lead Arranger, Administrative Agent, Collateral Agent, and NEXI Agent.
Tags: Milbank LLP | New YorkMilbank Represents Initial Purchasers in $1.1 Billion Bond Offering by Chile’s GNL Quintero
Milbank, Tweed, Hadley & McCloy LLP represented a group of international banks as initial purchasers in the $1.1 billion bond offering by leading Chilean natural gas provider GNL Quintero S.A.
Tags: Milbank LLP | New York





