Davis Polk is advising Chemtura Corporation in connection with the $200 million sale of its Antioxidant and UV Stabilizers business to an affiliate of SK Capital Partners. The transaction is subject to customary closing conditions and expected to close by the end of 2012 or in early 2013.

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Morrison Cohen LLP has announced the admission to the Firm of its newest lateral partner,Terence K. McLaughlin. Mr. McLaughlin will join the Firm’s Business Litigation Department. Immediately prior to joining, Mr. McLaughlin was a partner in the Litigation Department of Willkie Farr & Gallagher LLP.

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The Firm recently represented RBC Capital Markets, LLC, as initial purchaser, in connection with an offering of US$300 million of 4.375% Amortizing Bonds due 2027 by the Caribbean Development Bank. The offering was conducted in reliance on Rule 144A and Regulation S.

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Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. in the recent sale of an aggregate principal amount of $1.05 billion additional 9.250% Senior Notes due 2019 of Laureate Education, Inc. pursuant to Rule 144A and Regulation S. The firm also represented J.P. Morgan Securities LLC as dealer manager in connection with Laureate’s tender offers to purchase its existing 10.25%/11% Senior Toggle Notes due 2015 and 10% Senior Notes due 2015. Laureate will use the net proceeds from the note offering to fund the tender offers and for other repayments of outstanding indebtedness.

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Schulte Roth & Zabel is pleased to announce that Brian T. Daly has joined the firm as a partner in its Investment Management and Regulatory & Compliance groups. Resident in the firm’s New York office, Mr. Daly concentrates on advising hedge and private equity fund managers on regulatory, compliance and operational matters, including registration and disclosure obligations, trading issues, advertising and marketing, and the establishment of compliance programs.

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Leading law firm Seyfarth Shaw LLP announced today that Miles Borden has joined as a partner to the firm’s Real Estate Department in New York. Borden was previously a partner at Troutman Sanders.

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Carter Ledyard is pleased to announce that Justin A. Greenblum has joined the firm as partner in its Litigation Department effective November 9, 2012.

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Davis Polk advised Goldman Sachs Lending Partners LLC as lead arranger and Bank of America, N.A. as administrative agent in connection with the redemption of McJunkin Red Man Corporation’s (MRMC) 9.5% senior secured notes due 2016 (the “Notes”) with a new $650 million senior secured term loan credit facility. The new credit facility is secured by a security interest in substantially all the assets of MRMC, MRC Global, Inc. (MRC Global), the parent of MRMC, and MRC Global’s material domestic subsidiaries on a first-lien or, in the case of certain assets also securing MRC Global’s asset-based revolving facility, a second-lien basis. The Notes will be redeemed with the proceeds of term loans under the new facility and drawings under MRMC’s revolving facility. U.S. Bank National Association is acting as collateral trustee under the new term loan facility.

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Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated and Goldman, Sachs & Co. as joint lead managers in connection with the issuance by the Estado Plurinacional de Bolivia of U.S.$500,000,000 4.875% Notes due 2022. This was the first sovereign debt issuance by Bolivia since 1920.

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Shearman & Sterling represented BMO Capital Markets Corp., Morgan Stanley & Co. LLC, Barclays Capital Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC as lead underwriters in connection with Bank of Montreal’s registered public offering of $1.0 billion aggregate principal amount of 0.80% Senior Notes due 2015 and $1.0 billion aggregate principal amount of 2.55% Senior Notes due 2022 under its US medium-term note program.

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