Davis Polk – CEVA Group Plc, Inc. $800 Million High-Yield Sponsored Notes Offerings

Davis Polk advised Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc, Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, UBS Securities LLC and Apollo Global Securities, LLC as initial purchasers on a Rule 144A/Regulation S offering by CEVA Group Plc of $325 million aggregate principal amount of 8⅜% senior secured notes due 2017 and $475 million aggregate principal amount of 12¾% senior notes due 2020. CEVA Group Plc consummated several concurrent transactions with the notes offering, including a redemption of certain indebtedness, a debt-for-equity exchange and a debt-for-debt exchange with funds affiliated with Apollo Global Management LLC.

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Tags:  Davis Polk & Wardwell LLP | New York

Venable Expands its New York Real Estate Group with New Partner

Venable LLP has added veteran real estate attorney Peter G. Koffler to its New York office to lead the Real Estate Group, looking to further expand and strengthen its New York real estate profile and to complement its well-respected national real estate practice.  He joins Venable from Stroock & Stroock & Lavan LLP, where he practiced for the last decade.

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Tags:  Venable LLP | New York

Covington Advises SandRidge in $1.275 Billion Acquisition of Dynamic Offshore Resources and Related Financing

Covington & Burling advised SandRidge Energy, Inc. on its announced acquisition of Dynamic Offshore Resources, LLC for $1.275 billion in cash and stock. Under the agreement, SandRidge will pay about $680 million in cash and approximately 74 million shares of SandRidge common stock valued at $8.02 per share. Covington also advised SandRidge on the related $725 million in committed financing from Bank of America Merrill Lynch, SunTrust Robinson Humphrey and Royal Bank of Scotland that the Company may use to fund the cash portion of the consideration.

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Tags:  Covington & Burling LLP | New York

Pillsbury Expands in Structured Finance with New York Partners

Pillsbury today announced that Anthony Schouten and Jeffrey Stern have joined its Finance group as partners in New York. Formerly with Stroock & Stroock & Lavan LLP, the highly-regarded partners’ experience includes securitization, derivatives, commodities and cross-border structured financings. Their addition continues Pillsbury’s strategic expansion of its New York office and further strengthens the firm’s capabilities for advising commercial and investment banks, asset managers, private equity funds and global businesses in structured finance.

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Tags:  Pillsbury Winthrop Shaw Pittman LLP | New York

Eric Simonson Joins Blank Rome and Enhances the Firm’s Corporate and Securities Experience

Blank Rome LLP is pleased to announce that Eric Simonson has joined the Firm as a partner in the Mergers & Acquisitions and Private Equity group. Mr. Simonson has more than 25 years of experience in the areas of mergers and acquisitions, securities, corporate finance, technology transactions, general business and corporate law. Mr. Simonson is based in the Firm’s New York office.

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Tags:  Blank Rome LLP | New York