Bracewell Represents Kinder Morgan Energy Partners in $1.8 Billion Asset Sale

Bracewell & Giuliani LLP is representing Kinder Morgan Energy Partners, L.P. (KMP) in its agreement to sell Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and the company’s 50 percent interest in the Rockies Express Pipeline (REX) to Tallgrass Energy Partners, LP.

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Tags:  Bracewell LLP | Houston

Baker Botts Represents The Energy & Minerals Group in Tallgrass Energy Partners Purchase of Midstream Assets From Kinder Morgan

Tallgrass Energy Partners, LP (“Tallgrass”), announced today that it has entered into a purchase and sale agreement with Kinder Morgan Energy Partners, L.P. (NYSE: KMP) to buy Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and KMP’s 50 percent interest in the Rockies Express Pipeline (“REX”)

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Tags:  Baker Botts L.L.P. | Austin

Davis Polk Advises Sterling Financial Corporation on Secondary Common Stock Offering

Davis Polk advised Sterling Financial Corporation in connection with its SEC-registered secondary offering of 5,738,637 shares of its common stock by the U.S. Department of the Treasury (Treasury) for proceeds of approximately $115 million. Treasury’s initial preferred stock investment in Sterling, made as part of the Troubled Asset Relief Program’s (TARP) Capital Purchase Program (CPP), was exchanged for common stock on August 26, 2010, as part of a larger recapitalization of the company.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk Advises Aetna on Its Acquisition of Coventry Health Care

Davis Polk is advising Aetna Inc. on its acquisition of Coventry Health Care, Inc. valued at $7.3 billion, including the assumption of Coventry debt. The transaction is subject to customary closing conditions, including receipt of Coventry stockholder approval and antitrust and state regulatory approvals. The transaction is expected to close in mid-2013.

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Tags:  Davis Polk & Wardwell LLP | New York

Cahill – H&E Equipment Services Completes $530 Million Notes Offering

Cahill represented Deutsche Bank Securities, Credit Suisse, and BofA Merrill Lynch as joint book-running managers in connection with the Rule 144A/Reg S offering of $530,000,000 Senior Notes due 2022 by H&E Equipment Services, Inc., one of the largest integrated equipment dealerships in the United States. Cahill also represented the dealer manager in connection with the consent solicitation and tender offer for any and all of H&E’s outstanding 8.375% Senior Notes due 2016.

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Tags:  Cahill Gordon & Reindel LLP | New York