Cravath represented the underwriters, led by Deutsche Bank Securities, J.P. Morgan Securities, BofA Merrill Lynch, Goldman, Sachs & Co. and Wells Fargo Securities, in connection with the US$183 million registered offering of common stock of TriMas Corporation, a global manufacturer and distributor of products for industrial, commercial and consumer end markets. The shares were listed on the NASDAQ Global Select Market. The transaction closed on September 16, 2013.

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Milbank, Tweed, Hadley & McCloy LLP announced that it has represented the underwriters in the largest corporate debt offering on record – Verizon Communication’s $49 billion bond sale to fund the company’s purchase of Vodafone Group PLC’s interest in Verizon Wireless.

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Davis Polk is advising Sterling Financial Corporation in connection with its $2 billion merger with Umpqua Holdings Corporation. The transaction, which is subject to approval by each company’s shareholders, regulatory approvals and other customary closing conditions, is expected to close during the first half of 2014.

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Simpson Thacher represented the Toronto-Dominion Bank (“TD Bank”) in its offering of $2.5 billion Floating Rate Senior Medium-Term Notes due 2016, $500 million 1.500% Senior Medium-Term Notes due 2016 and $750 million 2.625% Senior Medium-Term Notes due 2018.

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Shearman & Sterling advised on Sprint Corporation’s $6.5 billion high-yield bond offering—reportedly the largest-ever high-yield bond offering sold directly to investors. The firm represented J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., and RBC Capital Markets LLC as joint book-running managers; Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC as senior co-managers; and The Williams Capital Group, L.P. as co-manager. The offering consisted of $2.25 billion of 7.250% notes due 2021 and $4.25 billion of 7.875% notes due 2023.

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Davis Polk advised Citigroup Global Markets Inc. as the underwriter in connection with an SEC-registered block trade of 16,000,000 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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Maria Luisa Canovas has joined the New York Officeof global law firm Jones Day as a partner in the M&A Practice. She was formerly a partner in the New York office of Hogan Lovells.

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On September 10, 2013, IBM and SYNNEX Corporation announced a definitive agreement in which SYNNEX will acquire IBM’s worldwide customer care business process outsourcing services business for $505 million, consisting of approximately $430 million in cash and $75 million in stock. Cravath represented IBM in connection with this transaction.

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Chapman and Cutler LLP is pleased to announce that Michael Friedman, Larry G. Halperin, Joon P. Hong, and Nicholas A. Whitney, formerly of Richards Kibbe & Orbe LLP, joined the firm as partners, located in the New York office.

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Cahill represented BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, and RBC Capital Markets as joint book-running managers and the co-managers in connection with the public offering of $750,000,000 aggregate principal amount of 4.75% Senior Guaranteed Notes due 2018 by Ally Financial Inc. Proceeds from the offering will be used to redeem certain outstanding debt securities.

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