Simpson Thacher recently represented a group of underwriters in connection with the initial public offering of DoubleLine Income Solutions Fund (the “Fund”). The offering raised $2.3 billion and represents one of the largest IPOs for any closed-end bond fund in the U.S. The Fund is a newly organized, non-diversified, closed-end management investment company which trades on the New York Stock Exchange under the symbol “DSL”. The lead underwriters in the transaction were UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC.

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Davis Polk advised The AES Corporation in an SEC-registered offering of $500 million aggregate principal amount of 4.875% senior notes due 2023, and on its concurrent tender offers for any and all of its outstanding 7.75% senior notes due 2014, and up to a total of $300 million aggregate principal amount of its outstanding 7.75% senior notes due 2015, 9.75% senior notes due 2016 and 8.00% senior notes due 2017. Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and RBS Securities Inc. were joint book-running managers for the offering of the senior notes. Morgan Stanley & Co. LLC is serving as dealer manager for the tender offers.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented SunTrust Bank and SunTrust Robinson Humphrey, Inc. as the sole lead arranger in connection with the underwriting of debt financing commitments relating to Avista Capital Partners’ $253 million proposed acquisition of Telular Corporation (Nasdaq:WRLS). The proposed acquisition by Avista Capital Partners is currently expected to close within 50 to 75 days.

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Paul Hastings, a leading global law firm, announced today that the firm represented the lead arrangers UBS AG, Stamford Branch and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the financing of the first lien credit facility of U.S. Shipping Corp., a leading provider of long-haul marine transportation services. The financing consisted of a $220 million first lien term facility and $50 million second lien term facility.

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Edwards Wildman Palmer LLP is pleased to announce that Howard H. Jiang has joined the firm as a partner and Jie Xiu as counsel in its Business Law Department. Jiang and Xiu will be resident in the firm’s office in New York City. Their practice focuses on all aspects of corporate law, including mergers and acquisitions, business ventures, and securities and corporate governance.

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The Firm recently represented Pinnacle Foods Inc. (“Pinnacle Foods”) and its indirect wholly-owned subsidiary, Pinnacle Foods Finance LLC, in connection with a new senior secured credit facility, consisting of a $1,630 million term loan due 2020 and a $150 million revolving credit facility due 2018, as well as the sale of $350 million aggregate principal amount of 4.875% senior unsecured notes due 2021.

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Simpson Thacher represented the initial purchasers, led by joint book-running managers, J.P. Morgan Securities LLC, Goldman, Sachs & Co., Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Credit Agricole Securities (USA) Inc., and by co-manager, CRT Capital Group LLC, in the sale of an aggregate principal amount of $500 million 3.375% Senior Notes due 2016 by Realogy Group LLC (“Realogy”). The notes are guaranteed on an unsecured senior subordinated basis by Realogy Holdings Corp., the indirect parent of Realogy, and on an unsecured senior basis by each of Realogy’s existing and future domestic subsidiaries that is a guarantor under Realogy’s senior secured credit facility and its existing secured notes or that guarantees certain other indebtedness in the future, subject to certain exceptions. Realogy intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of its outstanding 11.50% Senior Notes due 2017.

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SRZ represented Credit Suisse on the sale of Strategic Partners to Blackstone Group LP. Strategic Partners is the dedicated secondary private equity arm of Credit Suisse Group and has raised over $11.5 billion in capital commitments since the inception of its platform in 2000.

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Mark S. Cohen Chair of the Life Science Practice Group of Pearl Cohen Zedek Latzer represents Prolor Biotec in its patent and licensing matters, and represented PROLOR on patent and licensing matters as related to the OPKO purchase of PROLOR.

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On April 23, 2013, Zhong Lun Law Firm announces the opening of its New York office. Located in the heart of Midtown Manhattan, the new office is led by Philip Zhang and T.K. Chang. Both of them have over tens of years of private practice experience with leading international law firms. The office is also supported by over 40 partners in Zhong Lun’s worldwide offices who hold U.S. law degrees, and who would be able to provide clients with seamless round-the-clock legal service.

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