Davis Polk advised PepsiCo, Inc. on its registered offering of £500 million aggregate principal amount of 2.5% senior notes due 2022. Deutsche Bank AG, London Branch, HSBC Bank plc and UBS Limited acted as joint book-running managers for the offering.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Ingram Micro Inc. and Ingram Funding Inc. in amending Ingram Micro’s revolving trade account receivable-backed financing program. Amending this financing program will extend its maturity date to November 1, 2015, will increase the financing program’s limit to $675 million with permitted future increases of up to $900 million, and make other changes to permit future inclusion of foreign obligor receivables and to adjust the dilution reserve applicable to the receivables pool. The Bank of Nova Scotia will serve as the new administrative agent under the amended financing program.
Tags: Davis Polk & Wardwell LLP | New York
Skadden represented Rosetta Stone in settling its trademark infringement suit against Google, announced on October 31.
Tags: Skadden, Arps, Slate, Meagher & Flom LLPSkadden represented Corning Incorporated in securing antitrust approvals of its $730 million acquisition of Becton, Dickinson and Company’s Discovery Labware division.
Tags: Skadden, Arps, Slate, Meagher & Flom LLPStamford Law is advising Mainboard-listed Kian Ann Engineering Ltd. in its S$200 million privatisation by way of a scheme of arrangement, pursuant to a cash offer by Invicta Asian Holdings Pte. Ltd., an indirect subsidiary of Invicta Holdings Limited, which is listed on the Johannesburg Stock Exchange.
Tags: SingaporeToday Preti Flaherty announced that William L. Roberts and Brian M. Haney have joined the firm’s Boston, MA office.
In a precedent-setting private placement deal in Brazil, Milbank, Tweed, Hadley & McCloy has represented the world’s largest FPSO company SBM Offshore N.V. in a $500 million bond offering. The 15-year fixed bond, with a 5.5% coupon, was placed with 16 international institutional investors.
Tags: Milbank LLP
Mark Levine has joined Akerman Senterfitt’s Real Estate Practice Group and will be based in New York as a member of the firm’s Land Use and Development team. He joins from Herrick, Feinstein LLP, where he previously served as chair of the Land Use and Environmental Group. More >>
Tags: Akerman LLP | New York
Lewis Brisbois is pleased to announce the opening of its Seattle, Washington office. The trial attorneys of Barrett & Worden, PS have joined Lewis Brisbois, and effective November 1, 2012, will form the core of the firm’s presence in the Pacific Northwest.
Tags: Lewis Brisbois Bisgaard & Smith LLP
Recognizing Africa’s growing importance for clients, global law firm Baker & McKenzie has strengthened its presence on the continent.
The Firm, which is the world’s largest law firm by revenue, is today celebrating the launch of its Johannesburg office. Over 100 clients are attending the celebration at the city’s Westcliff Hotel. More >>
Tags: Baker McKenzie