Davis Polk advised Westar Energy, Inc. in connection with its SEC-registered offering of $250 million in aggregate principal amount of 4.10% first-mortgage bonds due 2043. The joint book-running managers were BNY Mellon Capital Markets, LLC, Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated.
Tags: Davis Polk & Wardwell LLP | Silicon Valley
Shearman & Sterling represented Goldcorp Inc. in connection with a registered shelf takedown of $500 million aggregate principal amount of 2.125% Notes due 2018 and $1.0 billion aggregate principal amount of 3.700% Notes due 2023.
Tags: Shearman & Sterling LLP | Silicon ValleyDavis Polk advised E*TRADE Financial Corporation in connection with an SEC-registered block trade by Citadel Equity Fund Ltd., an affiliate of Citadel LLC, of 27,394,448 shares of E*TRADE common stock. Citadel received aggregate proceeds of approximately $309 million from the offering. Citigroup was the sole underwriter.
Tags: Davis Polk & Wardwell LLP | Silicon ValleyVLP Law Group LLP is very pleased to announce that trademark attorney Scott R. Austin, Board Certified by the Florida Bar in Intellectual Property Law, has joined the firm from Gordon & Rees LLP.
Tags: Silicon ValleyContinuing its investment in Silicon Valley, Bingham McCutchen LLP augmented its technology, life sciences, clean technology and emerging-markets capabilities with the addition of three lawyers to the Corporate Practice Group.
Tags: Silicon ValleyDavis Polk advised J.P. Morgan Securities LLC and Goldman, Sachs & Co. as joint book-running managers on an SEC-registered debt offering by Maxim Integrated Products, Inc. of $500 million aggregate principal amount of 3.375% senior notes due 2023.
Tags: Davis Polk & Wardwell LLP | Silicon ValleyDavis Polk advised Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC as representatives of the several underwriters on the $92.86 million initial public offering of 5,462,500 shares of common stock of Silver Spring Networks, Inc., including 712,500 shares from the full exercise of the underwriters’ option to purchase additional shares. Silver Spring Networks’s common stock is traded on the New York Stock Exchange under the symbol “SSNI.”
Tags: Davis Polk & Wardwell LLP | Silicon Valley
Simpson Thacher recently represented CBRE Group, Inc. in connection with the offering of $800 million aggregate principal amount of 5.00% Senior Notes due 2023 (the “Notes”). The Notes were issued by CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group, Inc., and are guaranteed by CBRE Group, Inc. and the subsidiaries that guarantee its senior secured credit facility. The Notes are being offered pursuant to an effective shelf registration statement that CBRE Group, Inc. previously filed with the Securities and Exchange Commission.
Tags: Simpson Thacher & Bartlett LLP | Silicon Valley
Pillsbury advised Santa Clara-based Tensilica Inc. in its sale to San Jose-based Cadence Design Systems Inc. for $380 million. Tensilica develops microprocessor cores that it licenses or sells to companies, while Cadence works in the telecommunications, networking and semiconductors space.
Tags: Pillsbury Winthrop Shaw Pittman LLP | Silicon Valley
O’Melveny & Myers LLP represented Synacor, the leading provider of next-gen startpages, TV Everywhere solutions, and cloud-based Identity Management services across multiple devices for cable, satellite, telecom, and consumer electronics companies, in its formation of a joint venture with Beijing-based Maxit Technology Inc., a leading intelligent Internet platform company.
Tags: O'Melveny & Myers, LLP | Silicon Valley