Former WellCare Executive Rejoins King & Spalding

John C. Richter, 48, formerly vice president and deputy general counsel at WellCare Health Plans, Inc., is rejoining King & Spalding as a partner in its special matters and government investigations practice in Washington, D.C., effective September 4, the firm announced today. Richter, a veteran prosecutor with more than 20 years of legal experience, will focus primarily on health care investigations and qui tam cases.

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Clifford Chance Advises on the EUR 750 Million Financing of a 450 MW Lignite-fired Power Plant in Tufanbeyli, Turkey

The international law firm Clifford Chance together with its associate firm Yegin Legal Consultancy advised Société Générale, London Branch as Structuring Bank and Bookrunner on the signing of a EUR 142 million commercial loan facility and a EUR 608 million loan facility backed by the Korea Trade Insurance Corporation (KSure) to finance the development and construction of a 450 megawatt lignite-fired power plant and associated lignite mine and limestone quarries, to be located near Tufanbeyli, Adana in the Republic of Turkey. The Borrower, EnerjiSA Enerji Üretim A.Ş., is sponsored by VERBUND AG and Hacı Ömer Sabancı Holding A.Ş.

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Simpson Thacher Represents Underwriters in $2.25 Billion Debt Offering by Philip Morris International Inc.

The Firm represented the underwriters, led by Credit Suisse, Deutsche Bank Securities, J.P. Morgan and RBS, as joint book-running managers, in connection with an offering by Philip Morris International Inc. of $750 million of 1.125% Notes due 2017, $750 million of 2.500% Notes due 2022 and $750 million of 3.875% Notes due 2042. The notes were sold in a public offering and will be listed for trading on the New York Stock Exchange.

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Simpson Thacher Acts as U.S. Counsel for Underwriters in CAD$250 Million Senior Secured Notes Offering by Postmedia

Simpson Thacher acted as U.S. counsel for the underwriters, led by Scotia Capital Inc. and Morgan Stanley & Co. LLC, as joint bookrunners, in connection with an offering of CAD$250 million aggregate principal amount of 8.25% Senior Secured Notes due 2017 issued by Postmedia Network Inc. (“Postmedia”). The Notes are guaranteed by Postmedia Network Canada Corp., Postmedia’s parent. Postmedia is the largest publisher by circulation of paid English-language daily newspapers in Canada, representing some of the country’s oldest and best known media brands.

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Tags:  Simpson Thacher & Bartlett LLP | New York