Davis Polk advised Jefferies & Company, Inc. as manager of the placement agents in connection with the approximately $132 million SEC-registered direct offering of 21,639,774 shares of common stock of Scorpio Tankers Inc. The shares are listed on the New York Stock Exchange under the symbol “STNG.”
Tags: Davis Polk & Wardwell | New YorkShearman & Sterling Represents Intellectual Ventures in Acquisition of Eastman Kodak Company’s Digital Imaging Patent Portfolio
Shearman & Sterling is acting as lead counsel to a consortium of 12 of the largest technology companies in the world, organized by Intellectual Ventures and RPX Corporation, in connection with the acquisition and licensing of Eastman Kodak Company’s digital imaging patent portfolio.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling Advises Centrais Elétricas do Pará S.A. and Equatorial Energia S.A. in Connection with Chapter 15 Bankruptcy, M&A Transaction and Mandatory Exchange
Shearman & Sterling is counsel to the foreign representative of Centrais Elétricas do Pará S.A. (“Celpa”) and Equatorial Energia S.A. (“Equatorial”). Celpa is the sole electricity transmission and distribution company in the state of Pará, Brazil, and Equatorial is a diversified energy company operating in Brazil.
Tags: Shearman & Sterling LLP | New YorkAkin Gump Advises Alterra Capital Holdings in $3.1 Billion Sale of Company
A team from Akin Gump Strauss Hauer & Feld LLP advised Alterra Capital Holdings in its planned sale to specialty insurer Markel Corporation. The $3.1 billion deal was announced December 19.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkAkin Gump Advises Solar Capital Ltd. in Planned Acquisition of Crystal Capital Financial Holdings
A team from Akin Gump Strauss Hauer & Feld advised Solar Capital Ltd. in its planned acquisition of Crystal Capital Financial Holdings, a commercial finance company providing asset-based and other secured financing solutions.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkSimpson Thacher Represents Nielsen Holdings N.V. in its Announced $1.26 Billion Acquisition of Arbitron Inc.
The Firm is representing Nielsen Holdings N.V. (NYSE: NLSN) in connection with its announced acquisition of Arbitron Inc. (NYSE: ARB) for a transaction valued at approximately $1.26 billion, or $48 per share in cash. The transaction is subject to customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in Connection with Cinemark USA, Inc.’s $400 Million Senior Notes Offering and the Lenders in Connection with the Amendment and Restatement of Cinemark USA, Inc.’s Senior Credit Facility
The Firm recently represented the initial purchasers in connection with Cinemark USA, Inc.’s private placement of $400 million aggregate principal amount of 5.125% Senior Notes due 2022 and Barclays Bank PLC and the other lenders in connection with the amendment and restatement of the Cinemark USA, Inc. Senior Credit Facility. Barclays Capital Inc., Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Wells Fargo Securities LLC acted as joint book-running managers, and Nomura Securities International, Inc. acted as co-manager, in connection with the senior notes offering. Barclays acts as joint bookrunner, Deutsche Bank Securities Inc., acts as joint bookrunner and co-documentation agent, Morgan Stanley Senior Funding, Inc. acts as joint bookrunner and syndication agent, Wells Fargo Securities, LLC acts as joint bookrunner and co-documentation agent, Webster Bank, N.A. acts as co-documentation agent and Barclays Bank PLC continues to act as administrative agent in connection with the amended and restated credit facility. Cinemark USA, Inc. intends to use the net proceeds from the senior notes offering and borrowings under the amended and restated credit facility to fund the repayment of all remaining outstanding amounts under its previous credit facility, to fund a portion of the purchase price for substantially all of the theaters of Rave cinemas and for fees and expenses related to the refinancing transactions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in $250 Million Debt Offering by Brandywine Operating Partnership, L.P. and Brandywine Realty Trust
The Firm represented underwriters, led by J.P. Morgan, Bank of America Merrill Lynch and RBS, in a $250 million public offering of 3.95% Guaranteed Notes due 2023 of Brandywine Operating Partnership, L.P. The Notes are guaranteed by Brandywine Realty Trust, the parent company of Brandywine Operating Partnership, L.P.
Tags: Simpson Thacher & Bartlett LLP | New YorkWillkie Advises Teva in $2 Billion Public Debt Offering and $3 Billion Credit Facility
On December 18, Willkie client Teva Pharmaceutical Industries Limited closed on its debt offering by its special purpose finance subsidiaries, consisting of two tranches:
Tags: Willkie Farr & Gallagher LLP | New YorkMilbank Represents Underwriters in $400 Million Bond Offering by Scotiabank Peru
In its latest capital markets transaction in Latin America’s banking sector, Milbank, Tweed, Hadley & McCloy has represented a group of major investment firms in their role as initial purchasers of a 400 million offering by Peru’s third-largest bank, Scotiabank Peru SAA.
Tags: Milbank LLP | New York