Shearman & Sterling is advising long-time client Bunge Limited in connection with the sale of its Brazilian fertilizer business, including blending facilities, brands and warehouses, for $750 million in cash to Yara International ASA.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling has advised Studio City Finance on its Rule 144A/Regulation S high yield bond offering of senior notes guaranteed by its subsidiaries. Deutsche Bank AG, Singapore Branch, Australia and New Zealand Banking Group Limited, BOCI Asia Limited, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, Merrill Lynch International and UBS AG, Hong Kong Branch were the joint bookrunners on the offering.
Tags: Shearman & Sterling LLP | Hong Kong
Adding another large capital markets transaction for leading Chilean retailer Cencosud S.A., Milbank, Tweed, Hadley & McCloy has advised the company in its sale of $1 billion in 10-year bonds – the offering was increased by $200 million due to strong investor demand.
Tags: Milbank LLP | New York
Hunton & Williams LLP continues its strategic growth with the addition of partner Colleen Doyle and counsel Diana Martin to the firm’s environmental law practice group. Formerly with Bingham McCutchen LLP, Doyle and Martin are based in the firm’s Los Angeles office and rejoin partner Scott Burton, who moved to the firm from Bingham in 2008.
Tags: Hunton Andrews Kurth LLP | Los Angeles
Paul Hastings LLP, a leading global law firm, represented Wells Fargo Capital Finance, LLC, a unit of Wells Fargo Bank, N.A. in financing two acquisitions made by Bullhorn Inc., a recruiting software company owned by private equity firm Vista Equity Partners. Bullhorn Inc. has acquired MaxHire Solutions Inc. of Vancouver, Canada, and Sendouts LLC based in St. Louis. The two software firms provide services to staffing and recruiting agencies.
Tags: Paul Hastings, LLP | Los Angeles
The firm is representing TD Bank Group in connection with its announced acquisition of Epoch Holding Corporation for $28.00 per share in cash. The transaction is valued at approximately $668 million. Epoch Holding’s subsidiary, Epoch Investment Partners, Inc., provides investment management and investment advisory services to institutional, sub-advisory and high net worth clients. With the acquisition of Epoch, TD expects to add approximately $24 billion in assets under management to the $207 billion already under management by TD Asset Management. The transaction is expected to close in the first half of 2013, subject to satisfaction of customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher represented JPMorgan Chase Bank, N.A. as administrative agent in connection with a $1.75 billion multi-currency revolving credit facility for Starwood Hotels & Resorts Worldwide, Inc. The facility includes sub-tranches in Canadian Dollars, Euros, Pounds Sterling, Australian Dollars, Yen and Mexican Pesos which are available to be drawn by certain subsidiaries of Starwood Hotels & Resorts Worldwide, Inc.
Tags: Simpson Thacher & Bartlett LLP | New York
King & Wood Mallesons has acted on Ten Network Holding Ltd’s (TEN) approximately $230 million accelerated non-renounceable entitlement offer.
Tags: King & Wood MallesonsKing & Wood Mallesons has advised CHAMP Private Equity in relation to Shelf Drilling Holdings Ltd’s (Shelf Drilling) US$1.05 billion acquisition of oil rig assets and associated operations from Transocean Ltd.
Tags: King & Wood Mallesons
International law firm Weil, Gotshal & Manges announced today that Gil Strauss will join as a partner in the European Finance practice. Specialising in US securities, Gil joins from Freshfields where he leads their high yield practice. Gil trained at Simpson Thacher in New York and has represented underwriters, private equity sponsors and issuers in high yield bond offerings, restructurings, initial public offerings and other corporate finance transactions.
Tags: Weil, Gotshal & Manges, LLP