Paul Hastings Represents Alpek, S.A.B. de C.V. in $300M Notes Offering

Paul Hastings LLP, a leading global law firm, represented Alpek, S.A.B. de C.V., the largest petrochemical company in Mexico and one of the largest in the world, in connection with an international issuance of debt securities. The offering involved the issuance of $300 million of 5.375% Senior Notes due 2023 pursuant to Rule 144A and Regulation S. The underwriters involved were HSBC and J.P. Morgan.

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Simpson Thacher Represents The Mosaic Company in Phosphate Joint Venture in Saudi Arabia

Simpson Thacher represented The Mosaic Company (“Mosaic”) (NYSE: MOS) in connection with its investment in a joint venture to produce phosphate in Saudi Arabia.  The $7 billion project will be 60% owned by Saudi Arabian Mining Company (“Ma’aden”), 25% by Mosaic and 15% owned by petrochemical company Saudi Basic Industries Corporation (“SABIC”).  Mosaic’s role will be to help design, build and operate the project, in exchange for one quarter of the project’s production.  Subject to final financing terms, Mosaic’s cash investment is expected to be up to $1 billion, funded over a four-year period beginning in 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk – LyondellBasell Industries N.V. $1.1 Billion Block Trade

Davis Polk advised Barclays Capital Inc. as the underwriter in connection with an SEC-registered block trade of 16,500,000 ordinary shares of LyondellBasell Industries N.V. by funds affiliated with Apollo Management Holdings, L.P. The net proceeds of the offering to Apollo were approximately $1.1 billion. The ordinary shares are listed on the New York Stock Exchange under the symbol “LYB.”

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Tags:  Davis Polk & Wardwell LLP | New York

James Duffy Recruited to K&L Gates

James Duffy, a highly experienced international arbitration lawyer, has been hired by K&L Gates.  The partner joins the NYC office.

The attorney specializes in multi-jurisdictional international disputes for banks, governements, and energy industry clients.  He joins from DLA Piper.

“We are very happy to welcome J.P. to K&L Gates,” said Woody Collins, Administrative Partner of K&L Gates’ New York office. “His broad international experience will serve as a tremendous resource for our clients both in the United States and around the globe.”

Mr. Duffy is a 2001 graduate of St. John’s University School of Law and received his undergraduate degree from Colgate University.  He is fluent in French and Spanish.

If you would like to discuss this New York career move or and other topics that relate to your job search, contact some of the best legal recruiters in the market at Kinney Recruiting today!

Tags:  K&L Gates LLP | New York

Simpson Thacher Represents Underwriters in $3 Billion Note Offering by Halliburton Company

The Firm represented the underwriters led by Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and RBS Securities Inc. in connection with a registered offering by Halliburton Company of an aggregate of $3 billion principal amount of new senior notes.  The offering consisted of notes of four separate tranches, $600 million principal amount of 1.0% Senior Notes due 2016, $400 million principal amount of 2% Senior Notes due 2018, $1.1 billion principal amount of 3.5% Senior Notes due 2023 and $900 million principal amount of 4.75% Senior Notes due 2043.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Initial Purchasers in US$750 Million Sovereign Debt Offering by the Government of Bermuda

The Firm represented Barclays Capital Inc., J.P. Morgan Securities LLC and CIBC World Markets Corp., as initial purchasers, in connection with a Rule 144A/Regulation S offering of US$750 million of 4.854% Notes due 2024 by the Government of Bermuda. This was the single largest sovereign bond offering by the Government of Bermuda to date.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Emerson Electric in Sale of Majority Interest in its Embedded Computing & Power Business to Platinum Equity

Simpson Thacher is representing Emerson Electric Co. (NYSE: EMR) in connection with the sale of a majority interest in its Embedded Computing & Power business to an affiliate of Platinum Equity Advisors, LLC. Under the terms of the transaction, Emerson will receive aggregate consideration of approximately $300 million and retain a 49% equity stake in the business. The transaction is subject to regulatory approvals and other customary conditions to closing.

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Tags:  Simpson Thacher & Bartlett LLP | New York