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.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson 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.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson 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.
Tags: Simpson Thacher & Bartlett LLP | New YorkThompson Hine Expands White Collar Criminal Practice in New York – Maranda E. Fritz Most Recent Lateral Partner to Join Firm
Thompson Hine LLP is pleased to announce that Maranda E. Fritz has joined its New York office as a partner in the firm’s Business Litigation practice, where she will focus on white collar crime, internal investigations and securities litigation. Growth of its White Collar Criminal Practice is a priority at Thompson Hine, and the addition of Fritz advances this goal. Fritz, who is known for aggressive and effective defense of criminal and regulatory matters, has been lead counsel in numerous federal jury trials and briefed and argued more than a dozen cases in federal and state courts in the past several years alone.
Tags: Thompson Hine LLP | New YorkCahill Represents Initial Purchasers in $750 Million Notes Offering by IMS Health
Cahill represented the joint book-running managers and the co-managers in connection with the public offering of $750,000,000 aggregate principal amount of 7.375%/8.125% Senior PIK Toggle Notes due 2018 by Healthcare Technology Intermediate, Inc., holding company of IMS Health Incorporated. Proceeds from the offering will be used to pay a dividend.
Tags: Cahill Gordon & Reindel LLP | New YorkMorgan Lewis Advises Sprouts Farmers Market on IPO
Sprouts Farmers Market, Inc. (Sprouts) today announced the closing of its initial public offering (IPO) of 21,275,000 shares of common stock, including 2,775,000 shares of common stock issued as a result of the exercise in full of the underwriters’ option to purchase additional shares, at a price of $18 per share. Sprouts sold 20,477,215 shares of common stock, including the additional shares, and certain stockholders sold the remaining 797,785 shares.
Tags: Morgan, Lewis & Bockius LLP | New YorkSimpson Thacher Represents Hellman & Friedman in Acquisition of Hub International
Simpson Thacher is representing Hellman & Friedman in the acquisition of Hub International Limited in a transaction that values Hub International at approximately $4.4 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkMorrison & Foerster Adds Financial Transactions Partner Mark Wojciechowski in New York
Morrison & Foerster today announced that Mark Wojciechowski, a highly regarded finance lawyer with more than three decades of experience handling complex financing and M&A transactions for commercial and investment banks, investment funds and public and private companies, has joined the Financial Transactions Group in New York as a partner.
Tags: Morrison & Foerster LLP | New YorkDavis Polk – BM $2.15 Billion Notes Offering
Davis Polk advised underwriters represented by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC in connection with a public offering by International Business Machines Corporation of $1.5 billion principal amount of its 3.375% notes due 2023 and $650 million principal amount of its floating rate notes due 2015.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – The Travelers Companies, Inc. Senior Notes Offering
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and U.S. Bancorp Investments, Inc. as representatives of the several underwriters in connection with an SEC-registered offering by The Travelers Companies, Inc. of $500 million aggregate principal amount of 4.6% senior notes due 2043.
Tags: Davis Polk & Wardwell LLP | New York





