The Firm represented the underwriters, led by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers, in connection with a public offering of 17,000,000 Depositary Shares, each representing a 1/40th interest in a share of 6.00% Non-Cumulative Perpetual Preferred Stock, Series B, par value $0.01 per share, with a liquidation preference of $1,000 per share, of The Charles Schwab Corporation. The Underwriters have the right to purchase up to an additional 2,550,000 depositary shares at the public offering price to cover over-allotments. The offering closed on June 6, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkTop Financial Services Lawyer Joins Holland & Knight
Holland & Knight continues to strengthen its New York office by adding distinguished partners to the team. The firm is pleased to announce that Eileen Bannon, formerly of Dewey & LeBoeuf LLP, is now a partner in its Financial Services Practice Group. She joins Stuart Saft and Ken Lowenstein as the third high-profile partner to be added within the last six months.
Tags: Holland & Knight LLP | New YorkSimpson Thacher Represents the Initial Purchasers in $1.5 Billion Notes Offering by Inmet Mining Corporation
The Firm recently represented the initial purchasers, led by J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC as global coordinators and joint book-running managers, in a Rule 144A/Regulation S offering by Inmet Mining Corporation of $1.5 billion principal amount of 8.75% Notes due 2020. The offering closed on May 18, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in €1.335 Billion Debt Offering by Philip Morris International Inc.
The Firm represented the underwriters, led by BNP Paribas, Citigroup, HSBC and Société Générale, as joint book-running managers, in connection with an offering by Philip Morris International Inc. of €750 million of 2.125% Notes due 2019 and €600 million of 2.875% Notes due 2024. Banca IMI, ING and Santander acted as co-managers for the offering. The notes were sold in a public offering and will be listed for trading on the New York Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | New YorkDeborah J. Piazza Joins TKD as a Partner in the Bankruptcy and Corporate Restructuring Practice Group
Tarter Krinsky & Drogin LLP is pleased to announce that Deborah J. Piazza has joined the firm as a Partner in the Bankruptcy and Corporate Restructuring Practice Group.
Tags: New YorkDavis Polk – Eastman Chemical Company $2.4 Billion Notes Offering
Davis Polk advised Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, RBS Securities Inc. and Wells Fargo Securities, LLC as joint book-running managers in connection with an offering by Eastman Chemical Company of $1 billion aggregate principal amount of its 2.4% notes due 2017, $900 million aggregate principal amount of its 3.6% notes due 2022 and $500 million aggregate principal amount of its 4.8% notes due 2042.
Tags: Davis Polk & Wardwell LLP | New YorkPhillips Nizer Opens Law Office in East Hampton, New York
Phillips Nizer is pleased to announce the opening of a new law office in East Hampton, New York. Located at 34 Pantigo Road, the branch will be led by Senior Counsel, Andrew E. Goldstein, a member of the firm’s Corporate & Business Law Department and Securities & Private Placement Practice. This is the second office on Long Island for Phillips Nizer, with the first being in Garden City, for the 85-year old law firm. Founded in 1926, the firm also has an office in Hackensack, New Jersey and maintains its headquarters in Manhattan.
Tags: Phillips Nizer LLP | New YorkTai-Heng Cheng Joins New York Offices of Quinn Emanuel Urquhart & Sullivan as Partner
Quinn Emanuel Urquhart & Sullivan brought aboard Tai-Heng Cheng to fill a New York legal job, according to a press release.
Cheng joins the firm as a partner for the international arbitration practice, becoming the sixth specialist in international arbitration to accept a job with the firm during the past nine months.
Tags: Quinn Emanuel Urquhart & Sullivan, LLP | New YorkWillkie Advises Kenneth Cole in Deal to Take Company Private
On June 6, Kenneth Cole Productions, Inc. announced that it has entered into a definitive merger agreement under which Willkie client Kenneth D. Cole, Chairman and Chief Creative Officer of the company, will acquire the company in a going-private transaction with a total enterprise value of approximately $245 million. Mr. Cole is currently the beneficial holder of approximately 46% of the company’s outstanding common stock (representing approximately 89% of the voting power). The acquisition will be made through KCP Holdco, Inc., an entity controlled by Mr. Cole and formed for the purposes of the acquisition. Under the agreement, the company’s shareholders, excluding Mr. Cole and his affiliated entities, will receive $15.25 per share in cash upon completion of the transaction. Kenneth Cole Productions, Inc. designs, sources, and markets a broad range of footwear, handbags, apparel and accessories under the brand names Kenneth Cole New York, Kenneth Cole Reaction, and Unlisted, as well as footwear under the proprietary trademark Gentle Souls.
Tags: Willkie Farr & Gallagher LLP | New York





