The Firm recently represented Organización Cultiba, S.A.B. de C.V., in connection with its inaugural global offering of 98,004,889 common shares. The shares were offered to the public in Mexico, to qualified institutional buyers in the United States in reliance on Rule 144A and to non-U.S. persons elsewhere in reliance on Regulation S. The global offering, which included a secondary offering by certain of Cultiba’s shareholders, raised approximately US$270 million in gross proceeds. Cultiba’s common shares are listed on the Mexican Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents BTG Pactual and Deutsche Bank in US$300 Million High Yield Notes Offering by SMU S.A.
The Firm recently represented Banco BTG Pactual S.A. and Deutsche Bank Securities Inc., as initial purchasers, in connection with a US$300 million international offering of 7.750% Senior Notes due 2020 by SMU S.A. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Initial Purchasers in €250 Million Senior Secured Notes Offering by ENCE
The Firm recently represented the initial purchasers, led by Deutsche Bank AG, London Branch, in an offering of €250 million of 7.25% Senior Secured Notes due 2020 by ENCE Energía y Celulosa, S.A. (“ENCE”), guaranteed by certain of its subsidiaries.
Tags: Simpson Thacher & Bartlett LLPSimpson Thacher Represents Underwriters in $400 Million Senior Notes Offering by Air Lease Corporation
Simpson Thacher represented the underwriters, led by BofA Merrill Lynch, Deutsche Bank Securities and J.P. Morgan, in connection with the offering by Air Lease Corporation of $400 million aggregate principal amount of 4.750% Senior Notes due 2020. The Notes are being offered pursuant to an effective shelf registration statement that the Company previously filed with the Securities and Exchange Commission. The net proceeds of the offering will be used to fund the acquisition of commercial aircraft and for other general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleySimpson Thacher Represents Deutsche Bank in €100 Million Senior Notes Offering and Related Revolving Credit Facility for Cirsa
The Firm recently represented Deutsche Bank AG, London Branch as initial purchaser in an offering of €100 million of 8.75% senior notes due 2018 issued by Cirsa Funding Luxembourg S.A. and guaranteed by Cirsa Gaming Corporation, S.A. (“Cirsa”) and certain of its subsidiaries. The Firm also acted for Deutsche Bank AG, London Branch as agent and lender in connection with the amendment of Cirsa’s revolving credit facility. Proceeds of the offering were used to refinance existing indebtedness, including €50.0 million of indebtedness under the revolving credit facility.
Tags: Simpson Thacher & Bartlett LLPSimpson Thacher Represents Banco de Credito e Inversiones (Bci) in Its Global Debt Offering
The Firm represented Banco de Crédito e Inversiones (Bci), a leading Chilean bank, in connection with a US$500 million global offering of 4.00% Senior Notes due 2023 pursuant to Rule 144A and Regulation S under the Securities Act of 1933.
Tags: Simpson Thacher & Bartlett LLP | New YorkK&L Gates Launches Houston Office with Addition of Leading Securities Partner
Global law firm K&L Gates LLP has added a fourth Texas office — its 25th in the United States and 47th worldwide — with the opening of a Houston office. Joining K&L Gates in the establishment of the office is corporate partner Charles L. Strauss, who arrives at the firm from the Houston office of Fulbright & Jaworski L.L.P., where he was a partner since 1991 and served as head of the firm’s securities practice group. During his 30 years with Fulbright & Jaworski, Strauss advised clients across a wide range of industry sectors on various corporate and securities matters, including clients based in the oil and gas, aerospace, trucking, and financial services industries, among others. Strauss also served in a variety of management functions at Fulbright & Jaworski, such as the partners committee and multiple diversity and inclusion committees.
Tags: K&L Gates LLP | HoustonSeyfarth Continues Strategic Expansion of Real Estate Department, Adds Group of Six in New York
Leading law firm Seyfarth Shaw announced today the arrival of six new attorneys to its Real Estate department in New York, who join from three different laws firms across a variety of practice areas. Led by partner Adrian Zuckerman, partners Linda Bielik, Cynthia Mitchell and counsel Ralph Berman have joined from LeClair Ryan, alongside partner Mitchel Hill from Troutman Sanders and partner Juan Reyes from Reed Smith.
Tags: Seyfarth Shaw LLP | New YorkAkin Gump Advises CITIC PE in Buyout Bid for Chinese Biotech Firm 3SBio in Going-Private Deal
Akin Gump Straus Hauer & Feld LLP is advising a unit of China’s CITIC Private Equity Funds Management Co. (CITIC PE) in its buyout bid for Chinese biotech firm 3SBio Inc. CITIC PE formed a consortium group with the management team of 3SBio Inc. in connection with the buyout.
Tags: Akin Gump Strauss Hauer & Feld LLP | Hong KongCorporate Partner Tony Mou Joins Sheppard Mullin Shanghai
Tony K. Mou has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the Corporate practice group and will be based in the firm’s Shanghai office. Mou joins from Morgan Lewis in Beijing.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Shanghai