Simpson Thacher represented Crestwood Midstream Partners LP (“Crestwood”) and Crestwood Midstream Finance Corp. as co-issuers in connection with a Rule 144A/Regulation S offering of $600 million aggregate principal amount of 6.125% Senior Notes due 2022, guaranteed by each of Crestwood’s existing and future domestic subsidiaries that guarantee any indebtedness for borrowed money.
Tags: Simpson Thacher & Bartlett LLP | New YorkCravath – Toll Brothers, Inc.’s $1.6 Billion Acquisition of Shapell Industries, Inc.
On November 6, 2013, Toll Brothers, Inc., the nation’s leading builder of luxury homes, and Shapell Industries, Inc., a premier private California builder, announced that they have entered into a definitive purchase agreement under which Toll Brothers will acquire the home building business of Shapell in a stock acquisition for approximately US$1.6 billion in cash. Cravath represented Toll Brothers, Inc. in connection with this transaction, which is expected to close in the first quarter of 2014 following satisfaction of customary closing conditions.
Tags: Cravath, Swaine & Moore LLP | New YorkDavis Polk – Export Development Canada $1 Billion Global Bond Offering
Davis Polk advised underwriters represented by Goldman Sachs International, HSBC Securities (USA) Inc., Mizuho International plc and RBC Capital Markets, LLC in connection with the offering of $1 billion aggregate principal amount of 0.625% U.S. dollar bonds due 2016, issued by Export Development Canada.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – IBM €2.5 Billion Notes Offering
Davis Polk advised underwriters represented by Deutsche Bank AG, London Branch, Goldman, Sachs & Co., Société Générale and UniCredit Bank AG in connection with a public offering by International Business Machines Corporation of €1.5 billion principal amount of its 1.875% notes due 2020 and €1 billion principal amount of its 2.875% notes due 2025.
Tags: Davis Polk & Wardwell LLP | New YorkVeteran Private Equity Partner from New York Joins Ice Miller in Columbus
Ice Miller LLP welcomes veteran transactional attorney, Edward Braum, to its Columbus, Ohio, office. Braum, who joins the firm as a partner in the Business Group, focuses his practice on market leading complex business transactions, including mergers and acquisitions, leveraged buyouts and debt and equity investments.
Tags: Ice Miller LLP | New YorkCravath – Bennu Oil & Gas, LLC’s $700 Million Acquisition/$350 Million Credit Facility
On November 1, 2013, Bennu Oil & Gas, LLC completed its approximately $700 million acquisition of all the Gulf of Mexico oil and gas assets of ATP Oil & Gas Corporation. The transaction was effected pursuant to a “credit bid” under section 363 of the Bankruptcy Code. Bennu was formed by the lenders under ATP’s debtor‑in‑possession (DIP) credit facility to effect the acquisition. Cravath represented Credit Suisse AG throughout ATP’s bankruptcy case in its capacity as administrative agent under ATP’s DIP facility (including in connection with various litigation matters relating to the case), as well in connection with Credit Suisse’s arrangement of a $350 million credit facility provided to Bennu to finance the acquisition and related transactions.
Tags: Cravath, Swaine & Moore LLP | New YorkBracewell & Giuliani Adds Former Federal Prosecutor to New York Office
Bracewell & Giuliani LLP announced today that Glen A. Kopp, a former federal prosecutor, has joined the firm’s New York office as a partner in the White Collar Defense, Internal Investigations and Regulatory Enforcement practice. Most recently, Kopp served for almost six years as an Assistant U.S. Attorney in the Southern District of New York, where he led complex domestic and international investigations and prosecutions of high-profile cases involving fraud, terrorism, national security, hostage taking, and narcotics and weapons trafficking.
Tags: Bracewell LLP | New YorkCravath – Weyerhaeuser’s $2.7 Billion Sale of Homebuilding Business to TRI Pointe Homes
On November 4, 2013, Weyerhaeuser Company (“Weyerhaeuser”) announced that it has entered into a definitive agreement pursuant to which Weyerhaeuser’s homebuilding subsidiary, Weyerhaeuser Real Estate Company (“WRECO”), will be spun off or split off to Weyerhaeuser’s shareholders and, following the spin‑off or split‑off, will merge with a subsidiary of TRI Pointe Homes, Inc. (“TRI Pointe”) in a Reverse Morris Trust transaction. Cravath represented Weyerhaeuser in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New YorkFDA and Compliance Attorney, Bethany J. Hills, Joins Epstein Becker Green’s National Health Care and Life Sciences Practice
The national law firm of Epstein Becker Green is pleased to announce that Bethany J. Hills, a seasoned FDA and corporate compliance attorney, has joined as a Member of the Firm in the Health Care and Life Sciences practice, in the New York office.
Tags: Epstein Becker & Green, P.C. | New YorkSimpson Thacher Represents Underwriters in $3.2 Billion Notes Offering by Altria Group, Inc. and Dealer Managers in Related Tender Offer
The Firm represented the underwriters, led by Goldman, Sachs & Co., Morgan Stanley, RBS and Scotiabank, in connection with a public offering by Altria Group, Inc. of $1.4 billion aggregate principal amount of its 4.000% Notes due 2024 and $1.8 billion aggregate principal amount of its 5.375% Notes due 2044. The offering closed on October 31, 2013.
Tags: Simpson Thacher & Bartlett LLP | New York





