Chadbourne & Parke LLP represented Southern Cross Latin America Private Equity Fund IV, L.P. (“Southern Cross”) in connection with its investment in Estrella International Energy Services Ltd. The deal closed August 8, 2012.
Tags: New YorkOrrick Advises VanceInfo in US$875 Million All-Stock Merger with hiSoft Technology
Orrick, Herrington & Sutcliffe LLP is representing VanceInfo Technologies Inc. in its tax-free, all-stock merger of equals with hiSoft Technology International Limited, valued at US$875 million.
Tags: Orrick, Herrington & Sutcliffe, LLP | New YorkDavis Polk Advises Treasury on Its $5.75 Billion Offering of AIG Common Stock
Davis Polk advised the United States Department of the Treasury (Treasury) in connection with its offering of approximately 188.5 million shares of common stock of American International Group, Inc. (AIG), which included the full exercise of the underwriters’ over-allotment option, representing proceeds to Treasury of approximately $5.75 billion. AIG agreed to purchase approximately 98.4 million shares in the offering, representing approximately $3.0 billion of Treasury’s proceeds from the sale. The offering reduced Treasury’s remaining investment in AIG to approximately 871.1 million shares of common stock and reduced Treasury’s percentage ownership of AIG’s outstanding shares of common stock from 61% to approximately 53%.
Tags: Davis Polk & Wardwell | New YorkDavis Polk – Celgene Corporation $1.5 Billion Senior Notes Offering
Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as joint book-running managers on an SEC-registered offering by Celgene Corporation of $500 million aggregate principal amount of its 1.9% senior notes due 2017 and $1 billion aggregate principal amount of its 3.25% senior notes due 2022.
Tags: Davis Polk & Wardwell | New YorkDavis Polk – Duff & Phelps Corporation Secondary Offering
Davis Polk advised Goldman, Sachs & Co. as the sole underwriter in connection with an SEC-registered secondary offering of 3,000,000 shares of Class A common stock of Duff & Phelps Corporation, of which 1,794,556 shares were sold by Vestar Capital Partners and its affiliates and 1,205,444 shares were sold by Shinsei Bank, Limited. The net proceeds of the offering were approximately $40 million. The Class A common stock is listed on the NYSE.
Tags: Davis Polk & Wardwell | New YorkShearman & Sterling Advises on $500 Million Senior Notes Offering for Omnicom
Shearman & Sterling represented the underwriters, led by J.P. Morgan Securities LLC, Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Wells Fargo Securities, Inc., in connection with the public offering of $500 million aggregate principal amount of 3.625% Senior Notes due 2022 of Omnicom Group Inc. and its wholly owned finance subsidiary, Omnicom Capital Inc. This offering is a reopening of its previous offering of 3.625% Senior Notes in April of this year.
Tags: Shearman & Sterling LLP | New YorkChadbourne Advises GE Energy on the Acquisition and Financing of Two Large Wind Farms in the U.S.
Chadbourne & Parke represented GE Energy Financial Services in its purchase, from Enel Green Power North America (EGP), of a majority stake in two large scale wind farms in the United States — the Prairie Rose Wind Project in Minnesota, and the Chisholm View Wind Project in Oklahoma.
Tags: New YorkCahill – Biomet Completes $1 Billion Notes Offering and Amended Credit Facility
Cahill represented the joint book-running managers and co-managers in the Rule 144A/Reg S offering of $1,000,000,000 6.5% Senior Notes due 2020 by Biomet, Inc., a leading orthopedic medical device company. Proceeds from the offering will be used to refinance existing indebtedness. Cahill also represented the dealer managers in connection with Biomet, Inc.’s tender offer for its outstanding 10 3/8% / 11 1/8% Senior Toggle Notes due 2017.
Tags: Cahill Gordon & Reindel LLP | New YorkProminent IP Litigator Dyan Finguerra-DuCharme Joins Pryor Cashman
Pryor Cashman LLP is pleased to announce the addition of Dyan Finguerra-DuCharme to its Intellectual Property and Litigation Groups where she will strengthen the firm’s already robust capabilities in these areas. Finguerra-DuCharme comes to Pryor Cashman from White & Case where she was a key member of that firm’s IP Group.
Tags: Pryor Cashman LLP | New YorkDavis Polk – Vantiv, Inc. Secondary Offering
Davis Polk advised J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC, as representatives of the underwriters, in connection with the $308 million SEC-registered secondary offering of 14,064,500 shares of Vantiv, Inc.’s Class A common stock by funds affiliated with Advent International Corporation and trusts affiliated with one of Vantiv’s directors, Pamela H. Patsley, at a price to the public of $21.90 per share. The underwriters’ over-allotment option to purchase additional shares of Class A common stock from the selling stockholders was exercised in full. The Class A common stock is listed on the New York Stock Exchange under the symbol “VNTV.”
Tags: Davis Polk & Wardwell | New York