Simpson Thacher Represents The Carlyle Group in Sale of Prime Fifth Avenue Retail Property

The Firm represented affiliates of The Carlyle Group in connection with a series of transactions relating to the retail portion of 666 Fifth Avenue in New York City. On December 6, 2012, a Carlyle led investor group closed on a $707 million sale of the remaining retail condominium unit owned by Carlyle to affiliates of Vornado Realty Trust. The retail condominium unit that was sold is currently occupied by Hollister (an Abercrombie & Fitch brand), Uniqlo and Swatch.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Deutsche Bank and J.P. Morgan in US$300 Million High Yield Notes Offering by CFR Pharmaceuticals

The Firm recently represented Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, as initial purchasers, in connection with a US$300 million international offering of 5.125% Senior Notes due 2022 by CFR Pharmaceuticals S.A. and certain of its subsidiaries. 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. The net proceeds from the offering is expected to finance part of the purchase price for CFR’s acquisition of Laboratorio Franco Colombiano Lafrancol S.A.S.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Jackson Walker Represents Select Milk Producers in Joint Venture with The Coca-Cola Company

Jackson Walker L.L.P. successfully represented Select Milk Producers, Inc., a cooperative of 87 large family-owned dairies, in a joint venture with The Coca-Cola Company to operate a health and wellness company known as Fair Oaks Farms Brands. Based in Chicago, Fair Oaks Farms Brands produces and markets premium quality nutrition products, including Core Power®, a high-protein milkshake that is currently being distributed in select regions of the U.S., with a national distribution rollout underway through Coca-Cola Refreshments.

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Tags:  Jackson Walker, LLP | Dallas

Herbert Smith Freehills Acts on S$519 Million Acquisition of Compass Point Mall, Singapore

Herbert Smith Freehills LLP has acted for Gemshine Investments (S) Pte Ltd (Gemshine) in its acquisition of Compass Point mall, which completed on 20 November 2012. Compass Point is a 5 storey strata-titled suburban mall in Sengkang, Singapore, with a net lettable area of 269,546 sq ft. The acquisition involved shares and debt for a purchase price of S$519 million.

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Tags:  Herbert Smith Freehills LLP | Singapore