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 >>

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 >>

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.

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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.

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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.

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Paul Hastings LLP, a leading global law firm, represented Credit Suisse, J.P. Morgan, Itaú BBA and GBM as initial purchasers in connection with Promotora y Operadora de Infraestructura, S.A.B. de C.V.’s US$570 million follow-on equity offering of Series “L” Shares.  Pinfra’s follow-on offering of Series “L” Shares was the first L-share offering in Mexico in over 10 years.  The issued stock was offered publicly in Mexico on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S.  
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Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets, LLC and Credit Suisse Securities (USA) LLC as joint bookrunning managers in connection with the offering of $850 million principal amount of 6.125% senior notes due 2023 by Sanchez Energy Corporation, an independent exploration and production company focused on the acquisition and development of unconventional oil resources in the onshore U.S. Gulf Coast. 
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Wisconsin Energy Corp. (NYSE: WEC) and Integrys Energy Group Inc. (NYSE: TEG) today announced that they have entered into a definitive agreement under which Wisconsin Energy will acquire Integrys in a transaction valued at $9.1 billion. Upon completion of the transaction, the combined company will be named WEC Energy Group, Inc. The combined entity is projected to have a regulated rate base of $16.8 billion in 2015, serve more than 4.3 million total gas and electric customers across Wisconsin, Illinois, Michigan and Minnesota, and operate nearly 71,000 miles of electric distribution lines and more than 44,000 miles of gas transmission and distribution lines.
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