Simpson Thacher Represents Underwriters in IPO of Stone Harbor Emerging Markets Total Income Fund

Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., and UBS Securities LLC in connection with the initial public offering of Stone Harbor Emerging Markets Total Income Fund (the “Fund”). The offering raised approximately $276 million, assuming full exercise of the underwriters’ option to purchase additional shares.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents TransUnion Holding Company, Inc. in $400 Million Offering of Senior PIK Toggle Notes and Related Consent Solicitation

The Firm represented TransUnion Holding Company, Inc. (the “Company”) in connection with a 144A/Regulation S offering of $400 million 8.125%/8.875% Senior PIK Toggle Notes due 2018. The net proceeds of the offering were used to pay a one-time dividend to the Company’s shareholders. The Firm also represented the Company in the concurrent consent solicitation to amend the indenture governing the Company’s existing notes to permit the dividend.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Chadbourne Represents Credit Suisse and HSBC as Initial Purchasers of Sabine Pass LNG’s $420 Million Senior Secured Notes and Credit Suisse as Dealer Manager in a Related $550 Million Tender Offer for the Company’s Outstanding Notes

Chadbourne & Parke represented Credit Suisse and HSBC as initial purchasers of Sabine Pass LNG’s $420 million Senior Secured Notes due 2020. Chadbourne also represented Credit Suisse as dealer/manager in connection with a concurrent $550 million tender offer for the Company’s outstanding 7.25% Senior Secured Notes due 2013. Sabine Pass LNG is an indirect wholly-owned subsidiary of Cheniere Energy Partners, L.P.

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Tags:  New York

Shearman & Sterling Advises on CSX’s Senior Notes Offering

Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC, in connection with CSX Corporation’s public offering of $800 million aggregate principal amount of 4.100% Senior Notes due 2044. The proceeds of the offering will be used for general corporate purposes.

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Tags:  Shearman & Sterling LLP | New York

Davis Polk Advises Ingram Micro and Ingram Funding on $675 Million Revolving Financing Program

Davis Polk advised Ingram Micro Inc. and Ingram Funding Inc. in amending Ingram Micro’s revolving trade account receivable-backed financing program. Amending this financing program will extend its maturity date to November 1, 2015, will increase the financing program’s limit to $675 million with permitted future increases of up to $900 million, and make other changes to permit future inclusion of foreign obligor receivables and to adjust the dilution reserve applicable to the receivables pool. The Bank of Nova Scotia will serve as the new administrative agent under the amended financing program.

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Tags:  Davis Polk & Wardwell | New York