Skadden is representing the consortium of Alfa-Access-Renova (AAR) in connection with the $56 billion sale of TNK-BP to Russian state-owned oil company Rosneft, announced on December 12.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP | Moscow
Simpson Thacher Represents the International Managers in Japanese IPO of Daiwa House REIT Investment Corporation
The Firm recently represented the joint international managers in connection with the initial public offering of Daiwa House REIT Investment Corporation on the Tokyo Stock Exchange, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥54 billion (US$675 million) which was used together with bank financing to acquire an initial portfolio of assets for the J-REIT. Morgan Stanley, Nomura Securities and UBS acted as joint international managers for the offering.
Tags: Simpson Thacher & Bartlett LLP | TokyoSimpson Thacher Represents Volvo Car Financial Services in Connection with the Structuring of Automobile Financing Program
The Firm recently represented Volvo Car Financial Services U.S., LLC, a newly created U.S. captive auto finance subsidiary of Volvo Car Corporation, in connection with the structuring of a program with Bank of America, N.A. for the origination and financing of automobile retail installment contracts and leases.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Underwriters in Ps. 15 Billion Debt Offering by América Móvil, S.A.B. de C.V.
The Firm represented Deutsche Bank Securities, HSBC, Morgan Stanley, BBVA, Citigroup and Credit Suisse in connection with a public offering of Ps. 15 billion aggregate principal amount of 6.45% Senior Notes due 2022 by América Móvil.
Tags: Simpson Thacher & Bartlett LLP | New York
Cahill Represents Financing Sources in Acquisition Financing for Clean Harbors
Cahill represented the joint-book running managers and co-managers in connection with the Rule 144A/Reg S offering of $600,000,000 aggregate principal amount of 5.125% Senior Notes due 2021 by Clean Harbors, Inc. that closed today. Proceeds from the offering are intended to be used to fund a portion of the cost of the proposed acquisition by Clean Harbors of Safety-Kleen, Inc. If the acquisition does not occur, the notes will be subject to mandatory redemption.
Tags: Cahill Gordon & Reindel LLP | New York
Akerman Senterfitt Represents Swisher Hygiene in Securities Sale
Akerman Senterfitt announced it recently represented Swisher Hygiene Inc., a NASDAQ and TSX listed company, in the sale of voting securities of Choice Environmental Services Inc., for $123.5 million. The purchaser is Waste Services of Florida Inc., a subsidiary of Progressive Waste Solutions Ltd.
Tags: Akerman LLP
Kennedys Adds Eleventh Partner to Sheffield Office
King & Wood Mallesons Advises Adcorp on Its Acquisition of Paxus
King & Wood Mallesons has advised Adcorp, South Africa’s largest employment services company, on its acquisition of Computer Sciences Corporation’s Australian IT staffing unit, Paxus.
Tags: King & Wood Mallesons
Akin Gump Advises Renova on the Historic Sale of AAR’s $28 Billion Stake in TNK-BP to Rosneft
Akin Gump Strauss Hauer & Feld LLP is advising longstanding client Renova, a leading private business group, as a member of the Alfa-Access-Renova (AAR) consortium, in relation to the sale of AAR’s stake in TNK-BP to Rosneft for an all-cash consideration of $28 billion.
Tags: Akin Gump Strauss Hauer & Feld LLP | Moscow
Barnes & Thornburg Adds Franchise Attorney Matthew B. Gruenberg to Los Angeles Office
Matthew B. Gruenberg, a noted corporate lawyer, has joined Barnes & Thornburg LLP’s Los Angeles office as a partner in the firm’s Corporate Department and will chair the Franchising & Distribution Law Practice Group.
Tags: Barnes & Thornburg LLP | Los Angeles