The Firm represented OHL México, S.A.B. de C.V. in connection with its Rule 144A/Regulation S offering of an aggregate of 209,700,401 Series I shares of common stock, which raised approximately Ps. 5.90 billion (approximately US$458.5 million) in net proceeds. OHL México, S.A.B. de C.V. is a leading transportation infrastructure concession operator in the private sector in Mexico. The Series I shares of common stock of OHL México, S.A.B. de C.V. are listed on the Mexico Stock Exchange. UBS and BBVA acted as the global coordinators and joint bookrunners, Goldman Sachs and J.P. Morgan acted as joint bookrunners and Societe General acted as co-manager.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in Offering of Preferred Shares of Cementos Argos
The Firm recently represented J.P. Morgan, HSBC, Merrill Lynch, Credit Suisse, Itaú BBA, Banca de Inversión Bancolombia and Valores Bancolombia, as initial purchasers, in connection with the first ever simultaneous offering in the Colombian and international markets of 209,300,000 preferred shares issued by Cementos Argos S.A. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. A total of approximately $880 million in net proceeds was raised in the offering.
Tags: Simpson Thacher & Bartlett LLP | New YorkDavis Polk Adds Finance Partner Monica Holland
Davis Polk & Wardwell LLP today announced that Monica L. Holland will join the firm in New York as a partner in its Credit Group. The addition of Ms. Holland, who is highly experienced in corporate and leveraged finance, further strengthens Davis Polk’s distinguished banking and finance practice, widely recognized as among the best in the nation.
Tags: Davis Polk & Wardwell LLP | New YorkOgletree Deakins Maintains Swift Growth in New York City with Addition of Shareholder Brian Gershengorn
Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to welcome Brian Gershengorn as a shareholder in its New York City office. Gershengorn joins Ogletree Deakins from Proskauer Rose LLP, where he practiced in the firm’s Labor & Employment Law Department. The fourth shareholder to join Ogletree Deakins’ New York City office in 2013, Gershengorn represents clients in the hospitality, financial services, sports, entertainment, educational, and retail industries.
Tags: Ogletree Deakins | New YorkBallard Spahr and Stillman & Friedman Join Forces in New York City
The national law firm Ballard Spahr LLP and Stillman & Friedman, P.C., a Manhattan litigation boutique widely regarded as one of the top white collar criminal defense firms, have formed a new partnership in New York—Ballard Spahr Stillman & Friedman LLP. The partnership, which gives Ballard Spahr its 14th U.S. location and a prominent presence in New York, brings together two firms with dynamic litigation practices and creates a powerful force in white collar defense and securities litigation and enforcement.
Tags: Ballard Spahr LLP | New YorkKevin R. Hackett Joins Proskauer to Enhance Private Equity Real Estate Platform
Proskauer announced today that Kevin R. Hackett has joined the firm as a member of the Private Equity Real Estate practice, resident in the New York office. Mr. Hackett’s extensive real estate experience will be a tremendous complement to Proskauer’s robust private equity real estate platform and seasoned team.
Tags: Proskauer Rose LLP | New YorkSRZ Secures Reorganization Plan for Quigley in Contentious Asbestos-Related Chapter 11 Case
SRZ successfully secured the confirmation of a reorganization plan for Quigley Company Inc. in its heavily litigated Chapter 11 case.
Tags: Schulte Roth & Zabel LLP | New YorkAkerman Senterfitt Expands Litigation Practice Group with Team of Commercial Litigators in New York
Akerman Senterfitt today announced the expansion of its Litigation Practice Group and continued growth of its New York office with a team of commercial litigators, including shareholder David Bayne, of counsel Jim Maloney, and associate Steven Cordero.
Tags: Akerman LLP | New YorkSimpson Thacher Represents Arch Coal in Sale of its Subsidiary to Bowie Resources
The Firm is representing Arch Coal, Inc. (NYSE: ACI) in connection with the sale of its wholly-owned subsidiary, Canyon Fuel Company, LLC, for $435 million in cash to Bowie Resources, LLC. Canyon Fuel includes the Sufco and Skyline longwall mines and the Dugout Canyon continuous miner operation in Utah. In addition, Bowie will receive approximately 105 million tons of bituminous coal reserves in Utah. The transaction is subject to customary adjustments for working capital and other items. The transaction is expected to close in the third quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Best Buy in $500 Million Revolving Credit Facility and First Amendment to $1.5 Billion Revolving Credit Facility
The Firm recently represented Best Buy Co., Inc. (NYSE: BBY), in a new $500 million revolving 364-day credit facility and a First Amendment to their existing $1.5 billion revolving five-year credit facility. The new 364-day credit facility replaces an existing facility that was to expire in August 2013.
Tags: Simpson Thacher & Bartlett LLP | New York