Davis Polk advised Merrill Lynch International, Citigroup Global Markets Limited, The Hongkong and Shanghai Banking Corporation Limited and China Merchants Securities (HK) Co., Limited as initial purchasers in connection with the CNY1 billion Regulation S offering by Fantasia Holdings Group Co., Limited of its 7.875% notes due 2016.

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Global law firm K&L Gates LLP has added Virginia Tam as a partner in the corporate and transactional practice, along with Sacha Cheong as counsel in the litigation and dispute resolution practice, both in the firm’s Hong Kong office. Additionally, Soheui Choe joins the firm’s Seoul office as counsel in the intellectual property practice.

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Paul Hastings, a leading global law firm, announced today that it represented China Daye Non-Ferrous Metals Mining Limited (“China Daye”) in its issuance of RMB denominated USD-settled convertible bonds in an aggregate principle amount of RMB820 million, due 2018 (the “Bonds”). China Daye is listed on the Hong Kong Stock Exchange and is a state-owned enterprise principally engaged in the mining and processing of mineral ores and the trading of metal products in the PRC. The Bonds are convertible into ordinary shares of the Company at the option of the bondholders, subject to the terms and conditions of the Bonds. The listing of and permission to deal in the Bonds on the Hong Kong Stock Exchange is expected to commence on May 31, 2013.

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Baker & McKenzie is advising Champion Real Estate Investment Trust (“Champion REIT”) on its acquisition of the remaining four floors of Citibank Tower which it does not currently own, from The Financial Secretary Incorporated for a consideration of HK$2.155 billion. The acquisition is expected to be completed in July 2013.

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The Firm is representing Smithfield Foods (NYSE: SFD) in connection with its definitive merger agreement with Shuanghui International Holdings Limited. Under the terms of the deal, Smithfield shareholders will receive US$34.00 per share in cash, which values Smithfield at US$7.1 billion, including the assumption of Smithfield’s net debt. The transaction, which is expected to close in the second half of 2013, is subject to shareholder approval and other customary closing conditions.

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Paul Hastings, a leading global law firm, announced today that the firm is representing Shuanghui International Holdings Limited, the owner of China’s largest publicly-traded meat processing enterprise, in a US$7.1 billion agreement to acquire Smithfield Foods, Inc. (NYSE: SFD), the largest U.S. publicly-traded pork processor and hog producer. The combination will create one of the largest global pork production, processing and packaged meat companies in the world.

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The Firm recently represented Sumitomo Mitsui Trust Bank, Limited (the “Bank”) and Sumitomo Mitsui Trust Holdings, Inc., its parent company (the “Parent”), in connection with a Rule 144A and Regulation S offering by the Bank of US$650 million aggregate principal amount of 1.80% Senior Notes due 2018, guaranteed by the Parent. J.P. Morgan, Goldman Sachs International and Citigroup were the joint lead managers for the offering.

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Davis Polk advised China Galaxy Securities Co., Ltd (“China Galaxy Securities”) in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. The gross proceeds from the offering amounted to approximately HK$8.3 billion ($1.1 billion) without the exercise of the over-allotment option. This is the largest offering in Hong Kong since the PICC Group raised $3.6 billion in its initial public offering in December 2012.

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Sidley advised San Miguel Corporation (SMC) in its $800M overseas bond offering, which set a record as the largest U.S. dollar-denominated corporate bond issue out of the Philippines.

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Ropes & Gray is representing the Blackstone-led buyer group consortium in the going-private transaction of China-based Pactera Technology International Ltd. (Pactera).

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