Cahill represented the joint book-running managers and the co-managers in connection with the Rule 144A/Reg S offering of $400,000,000 aggregate principal amount of 4.875% Senior Notes due 2020 by Huntsman International LLC. Proceeds from the offering will be used to refinance existing indebtedness.

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In a transaction announced November 19, 2012, Kirkland represented private equity firm American Industrial Partners in its acquisition of the U.S. subsidiaries of Hampson Industries PLC, a UK public company. The investment is comprised of five operating divisions with a total of approximately $210 million in sales, approximately 1,140 employees and 10 manufacturing facilities located in California, Michigan and Texas that have unique product offerings and capabilities to serve the global aerospace market. The subsidiaries are Odyssey Industries, LLC; Global Tooling Systems, LLC; Coast Composites, LLC; Composites Horizons, LLC and Texstars, LLC. The acquisition was made through a UK ‘pre-pack’, shortly after the appointments of Simon Kirkhope and Chad Griffin of FTI Consulting as administrators of Hampson Industries PLC.

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Funds advised by Apax Partners, a global private equity firm, today announced that they have entered into a definitive agreement to acquire Cole Haan LLC, a leading designer and retailer of premium footwear and related accessories, from NIKE, Inc. for $570 million in cash. The transaction is expected to close in early 2013.

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Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent in connection with a five year $5.5 billion senior secured revolving credit facility and a three year $5.5 billion senior secured revolving credit facility for General Motors Holdings LLC, a wholly-owned subsidiary of General Motors Company.

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The Firm recently represented Wells Fargo, as representative of the several initial purchasers, in a $300 million offering of 6.0% Senior Notes due 2020 by Antero Resources Finance Corporation. The offering of notes was made to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act.

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Shearman & Sterling advised the underwriters in connection with Sprint Nextel Corporation’s offering of $2.28 billion of 6.000% notes due 2022. BofA Merrill Lynch, Barclays Capital, Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co., and J.P. Morgan, acted as joint bookrunners.

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Shearman & Sterling represented The Dow Chemical Company in connection with a $2.5 billion underwritten public offering of debt securities, including $1.25 billion aggregate principal amount of 3.000% notes due 2022 and $1.25 billion aggregate principal amount of 4.375% notes due 2042.

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Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as Global Coordinators and Joint Physical Book-Running Managers, and Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBS Securities Inc. as Joint Book-Running Managers, in connection with Royal Caribbean Cruises Ltd.’s public offering of $650 million of its 5.250% Senior Notes due 2022.

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Shearman & Sterling advised the joint lead arrangers and joint bookrunners in connection with a refinancing and one-time dividend for SumTotal Systems Inc., a portfolio company of private equity sponsor Vista Equity Partners, comprised of a $370 million first lien term loan, a $30 million revolving credit facility and a $140 million second lien term loan.

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Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in the sale of an aggregate principal amount of $500 million 6.25% Senior Notes due 2022 of New Gold Inc., a British Columbia corporation (“New Gold”). The offering was conducted as a private offering in reliance upon Rule 144A and Regulation S. The notes are guaranteed by certain of New Gold’s direct and indirect subsidiaries. The transaction closed on November 14, 2012. The Firm also worked on an offering by New Gold of $300 million of 7.00% Senior Notes due 2020 earlier this year.

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