Davis Polk is advising Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole lead arranger and bookrunner in connection with $2.12 billion of financing provided to Tempur-Pedic International Inc. for its proposed acquisition of Sealy Corporation. The financing consists of $1.42 billion senior secured term loan facilities, a $350 million senior secured revolving credit facility and a $350 million senior unsecured bridge facility.

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Davis Polk advised underwriters represented by Credit Suisse Securities (Europe) Limited, HSBC Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Scotia Capital (USA) Inc. in connection with the offering of $1.25 billion aggregate principal amount of 1.65% bonds due 2019, issued by the Province of Ontario.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented ARCH Capital Management, a boutique Asian real estate investment firm specializing in the management of real estate private equity funds in Asia, as U.S. legal counsel in forming a new real estate private equity fund, ARCH Capital-TRG Asian Master Partners, L.P.

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Simpson Thacher is representing Sealy Corporation (NYSE: ZZ) in connection with its announced acquisition by Tempur-Pedic International Inc. (NYSE: TPX) to create a $2.7 billion global bedding provider. The transaction is valued at approximately $1.3 billion, including the assumption of debt.

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Harris Beach is pleased to announce that Antoinette L. Banks has joined the firm as a partner in the New York City office practicing in the Insurance Litigation and Product Liability Defense and Mass Torts and Industry-Wide Litigation Practice Groups. Her practice concentrates in insurance coverage, toxic tort, product liability, environmental, construction accident, property damage losses, appeals and commercial litigation. She has litigated and counseled clients on a wide range of insurance coverage issues, including disputes arising out of environmental liability, toxic tort exposure, additional insured claims, first-party property claims, professional liability, directors and officers liability, and bad faith claims. Ms. Banks also provides defense to insureds and commercial clients in connection with toxic torts, products liability claims, contract disputes, construction and Labor Law claims, insurance premium disputes, and reformation and rescission claims. Ms. Banks’ practice includes arbitrations, mediations, trials and appeals in state and federal courts throughout the United States.

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Simpson Thacher represented Celulosa Arauco y Constitución S.A., a Chilean corporation, in its purchase of all of the shares of Flakeboard Company Limited, a Canadian company which owns and operates seven production facilities in the United States and Canada and is the largest producer of composite wood panels in North America. The transaction value including assumed debt was approximately US$434.7 million. The transaction closed on September 24, 2012.

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Cahill represented Bank of America as administrative agent and BofA Merrill Lynch and Credit Suisse as joint lead arrangers in connection with a $1,000,000,000 Second Lien Term Loan credit agreement for Samson Investment Company.

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Davis Polk advised Grupo Aval Acciones y Valores S.A. in connection with its global offering of $1 billion aggregate principal amount of 4.75% senior notes due 2022. The notes were issued by Grupo Aval’s wholly owned finance subsidiary, Grupo Aval Limited, and guaranteed by Grupo Aval and were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933.

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Orrick, Herrington & Sutcliffe LLP announced today that David L. Concannon has joined the firm as a partner in its Emerging Companies Group, resident in its New York office.

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The global law firm Jones Day is pleased to announce that Ian Blumenstein joined the New York Office as a partner in theCapital Markets Practice. He was previously a partner with Cooley LLP in New York, where he was a member of the Credit Finance, Public Companies, and Public Offering practices.

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