Partner Set to Join Investment Funds Division of New York Legal Practice

International law firm Sidley Austin announced a new hire for a New York legal job, according to a press release.

Timothy J. Clark comes aboard the investment funds, advisers and derivatives practice of Sidley Austin as a partner, the law firm announced on Monday. His practice concentrates on serving private fund clients on a worldwide basis.

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Dorsey Adds Corporate Partner In New York Office

International law firm Dorsey & Whitney LLP announced today that Jonathan E. Silverblatt has joined the Corporate group in the Firm’s New York office as a Partner. Mr. Silverblatt’s practice focuses on representing public and privately-held companies, private equity sponsors and their related portfolio companies and investment banks in a full range of corporate transactions, including domestic and cross-border mergers and acquisitions, tender offers, securities offerings, leveraged financings, corporate reorganizations and joint ventures and strategic alliances. His experience covers a range of industries including media and technology, investment management, life sciences, transportation, consumer products, entertainment, restaurant and retail, natural resources and real estate.

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Loeb & Loeb Expands National Real Estate Department with the Addition of Real Estate Finance Team in New York

Loeb & Loeb LLP announced today that Steven M. Kornblau and David B. Kostman have joined the firm’s New York office as partners in the Real Estate Department. Previously, Kornblau was a partner and Kostman was counsel in the New York office of Bryan Cave LLP. The pair is joined by associate Emily Rakowicz, who practiced with them at Bryan Cave.

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Shearman & Sterling Advises on US/European Term Loan B Financing for the INEOS Group

Shearman & Sterling advised Barclays Bank PLC and J.P. Morgan Securities LLC as joint global coordinators and mandated lead arrangers and bookrunners in connection with a cross-border, multicurrency and covenant-lite Term Loan B bank financing consisting of a $2 billion term loan facility, a $375 million short-dated term loan facility and a €500 million term loan facility for certain affiliates of INEOS AG, one of the world’s largest chemical companies by revenue.

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Tags:  Shearman & Sterling LLP | New York

Davis Polk – Aetna Inc. $750 Million Senior Notes Offering

Davis Polk advised Aetna Inc. on its registered offering of $250 million aggregate principal amount of 1.75% senior notes due 2017 and $500 million aggregate principal amount of 4.5% senior notes due 2042. Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-running managers for the offering.

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Tags:  Davis Polk & Wardwell LLP | New York

Milbank Represents Initial Purchaser In $291 Million Add-On Note Offering By Tenet Healthcare Corporation

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partners Rod Miller and Paul Denaro, acted as counsel to Merrill Lynch, Pierce, Fenner & Smith Incorporated, as sole book-running manager, in a $291 million reopening offering of two tranches of notes by Tenet Healthcare Corporation. Tenet sold an additional $141,233,000 aggregate principal amount of 6.25% Senior Secured Notes due 2018, originally issued in 2011, and an additional $150,000,000 aggregate principal amount of 8% Senior Notes due 2020, originally issued in 2010.

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Simpson Thacher Represents BRF – Brasil Foods in its $500 Million Dual-Currency Loan Facility

The Firm represented BRF – Brasil Foods S.A. (formerly named Perdigão S.A.) in connection with its $500 million dual-currency loan facility comprised of a $454 million Dollar tranche and a $46 million-equivalent Euro tranche. The loan facility was led by Morgan Stanley, Santander and HSBC. Other banks involved included Banco Bradesco, Banco do Brasil, The Bank of Nova Scotia, The Bank of Tokyo-Mitsubishi, ING Bank, Mizuho Corporate Bank, Sumitomo Mitsui Banking, Standard Chartered Bank, Rabobank Curaçao, Credit Agricole Corporate and Investment Bank, BNP Paribas, Bank of China, Bank of Taiwan, Mega International Commercial Bank, United Taiwan Bank and Deutsche Bank.

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Tags:  Simpson Thacher & Bartlett LLP | New York