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.

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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).

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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.

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On October 30, 2013, a U.K. and a U.S. affiliate of Rolls-Royce plc jointly issued $700 million of their senior secured notes in five series (comprised of fixed and floating rate notes) to a group of 21 institutional investors, including New York Life, MetLife, TIAA-CREF and Prudential, among others. Willkie represented the investors in connection with the private placement.

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Pryor Cashman LLP is pleased to announce that Jeffrey Alberts has joined the firm as a partner and leader of the White Collar Defense and Investigations Practice.  He joins Pryor Cashman from the U.S. Attorney’s Office for the Southern District of New York, where he served for six years as an Assistant U.S. Attorney in the Criminal Division and played a key role in the Asset Forfeiture Unit.

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Cravath represented Lazard in connection with its US$500 million registered offering of senior notes due 2020. Lazard is one of the world’s preeminent financial advisory and asset management firms. The transaction closed on November 14, 2013.

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Holland & Knight represented Eletson Holdings, who with funds managed by Blackstone Tactical Opportunities, formed a new joint venture, Eletson Gas, a $700 million liquefied petroleum (LPG)/ liquefied ethylene (LEG) gas shipping company. Eletson Gas will have one of the world’s newest and largest LPG/LEG fleets, majority-owned by Eletson and operated and managed by Eletson Holdings subsidiaries.  New York partner Jovi Tenev led the Holland & Knight team in the representation.

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Davis Polk is advising Telecom Italia S.p.A. on its $960 million sale of its entire controlling interest in Telecom Argentina to Fintech Telecom LLC, an affiliate of Fintech Advisory, Inc.

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The Firm represented the underwriters, led by Barclays, Citigroup, Credit Suisse, HSBC and J.P. Morgan as joint book-running managers, in connection with an offering by Philip Morris International Inc. of $750 million of 1.875% Notes due 2019, $500 million of 3.600% Notes due 2023 and $750 million of 4.875% Notes due 2043. The notes were sold in a public offering and will be listed for trading on the New York Stock Exchange.

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Shearman & Sterling represented Banco Nacional de Costa Rica, the largest bank in Costa Rica, in connection with its 144A/Regulation S offering of $500,000,000 aggregate principal amount of its 4.875% Senior Notes due 2018 and $500,000,000 aggregate principal amount of its 6.250% Senior Notes due 2023. This is Banco Nacional de Costa Rica’s first issuance of securities in the international capital markets.

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