International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partners Rod Miller and Paul Denaro, acted as US counsel in a $900 million offering by Tenet Healthcare Corporation (“Tenet”) of its 6.25% Senior Secured Notes due in 2018, pursuant to Rule 144A and Regulation S. The offering raised net proceeds of approximately $885 million. Tenet will use the net proceeds from the offering to fund its cash tender offer for all of its outstanding $714 million 9% Senior Secured Notes due 2015, and for other general corporate purposes, including the repayment of indebtedness and drawings under its revolving credit facility.
Tags: Milbank LLP | New York Dewey & LeBoeuf Represents Synopsys in $507 Million Acquisition of Magma Design Automation
A team of lawyers from Dewey & LeBoeuf’s Silicon Valley and New York offices represented Synopsys, Inc., a world leader in electronic design automation (EDA), on its definitive agreement to acquire Magma Design Automation Inc., a publicly traded provider of chip design software headquartered in San Jose, California, for more than $500 million.
Tags: New York Davis Polk Advises Affymetrix on Its Acquisition of eBioscience
Davis Polk is advising Affymetrix, Inc. on its approximately $330 million acquisition of eBioscience Holding Company, Inc. The transaction, which is expected to close in the fourth quarter of 2011, is subject to customary regulatory approvals and closing conditions, including receipt by Affymetrix of the proceeds of the debt financing for the transaction.
Tags: Davis Polk & Wardwell LLP | New York Simpson Thacher Represents Underwriters in Follow-on Offering by Dunkin’ Brands Group, Inc.
The Firm recently represented a group of underwriters, led by J.P. Morgan Securities LLC, Barclays Capital Inc., Morgan Stanley & Co. LLC and BofA Merrill Lynch, in connection with a registered public offering of common stock of Dunkin’ Brands Group, Inc. (“Dunkin’ Brands”), a portfolio company of Bain Capital LLC, The Carlyle Group and Thomas H. Lee Partners. A total of approximately $543.9 million in proceeds was raised in the offering. Affiliates of Bain Capital LLC, The Carlyle Group, Thomas H. Lee Partners and certain other selling stockholders received all of the gross proceeds from the offering.
Tags: Simpson Thacher & Bartlett LLP | New York Corporate Lawyer Joins Gibson Dunn’s New York Office
Gibson, Dunn & Crutcher LLP is pleased to announce that John Gaffney has joined the firm’s New York office as a partner. Before joining one of his clients, Gaffney spent most of his career as a partner with Cravath, Swaine & Moore where he focused on complex corporate and commercial transactions, mergers and acquisitions, and capital markets transactions, with particular emphasis on the media, telecom, renewable energy and shipping industries.
Tags: Gibson, Dunn & Crutcher LLP | New York Greenberg Traurig Represents DPL in $3.5 Billion Merger with AES
Greenberg Traurig represented DPL Inc., a publicly traded electric utility and power supplier, in connection with The AES Corporation’s $3.5 billion acquisition of DPL. The transaction closed Monday, November 28.
Tags: Greenberg Traurig, LLP | New York Davis Polk Advises TE Connectivity on Its Exclusive Negotiations to Acquire Deutsch Group
Davis Polk is advising TE Connectivity Ltd. in connection with its exclusive negotiations with the Wendel Group and has made a binding offer to acquire Deutsch Group SAS in a transaction valued at €1.55 billion (approximately $2.06 billion at current exchange rates). The proposed acquisition will enable TE to provide a wide range of industry-leading connectivity products for harsh environment applications. The potential acquisition is expected to close by the end of June 2012.
Tags: Davis Polk & Wardwell LLP | New York Polsinelli Shughart Welcomes Prominent New York International Tax Attorney Susan F. Klein to its Chicago Office
Polsinelli Shughart welcomes attorney Susan F. Klein to the firm as a senior partner where she will practice international tax law. She focuses her practice on taxation and international private transactions, as well as private equity and mergers and acquisitions. She previously practiced at the New York City office of a large international law firm.
Tags: Polsinelli PC | New York Milbank Represents Lenders In US $786 Million Financing For Embraport Terminal In Brazil’s Santos Port
International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Project Finance partner Dan Bartfeld and senior associate Sarah Glenn, represented the Inter-American Development Bank (IDB) and the four international commercial participants, Caixa Geral, HSBC, Santander and WestLB AG, in connection with their US$430 million syndicated financing of the construction, operation and maintenance of a new private mixed-use container and liquids terminal in Brazil’s Santos Port. A parallel financing of approximately R$633.4 million will be provided by Caixa Econômica Federal through a repasse loan provided by BNDES, to complete the total senior debt financing package of approximately US$786 million.
Tags: Milbank LLP | New York Simpson Thacher Represents Initial Purchasers in $500 Million Debt Offering by WPP
The Firm represented the initial purchasers in connection with a Rule 144A/Regulation S offering of $500 million of 4.75% Senior Notes due 2021 issued by WPP Finance 2010, a finance subsidiary of WPP plc. The notes are guaranteed by WPP plc and certain of its subsidiaries.
Tags: Simpson Thacher & Bartlett LLP | New York 





