Milbank, Tweed, Hadley & McCloy has represented underwriters Bank of America Merrill Lynch and JP Morgan Securities in a $1 billion bond offering by Banco Nacional de Costa Rica, Costa Rica’s largest bank.

More >>

The Firm recently represented Empresa Nacional de Telecomunicaciones S.A. (“Entel”), one of Chile’s largest telecommunications providers, in a Rule 144A / Regulation S offering of US$1 billion of 4.875% Senior Notes due 2024. This transaction was Entel’s inaugural offering of securities in the international capital markets. HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. acted as representatives of the initial purchasers in the offering, which closed on October 30.

More >>

Simpson Thacher recently represented HCA Holdings, Inc. (“HCA”) and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 30,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $1.4 billion, and a concurrent share repurchase by HCA of 10,656,436 additional shares from the principal stockholder. The concurrent share repurchase resulted in additional gross proceeds of approximately $500 million.

More >>

Davis Polk advised Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as underwriters in connection with an $835 million SEC-registered secondary offering of 5,965,304 common shares in the capital of Canadian Pacific Railway Limited (CP) by certain funds managed by Pershing Square Capital Management, L.P. The common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “CP.”

More >>

Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, as representatives of the several initial purchasers, in connection with a Rule 144A/Regulation S offering by the Dayton Power and Light Company of $445 million of its First Mortgage Bonds 1.875% Series Due 2016.

More >>

Davis Polk advised Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, BNP Paribas Securities Corp. and RBS Securities Inc. as joint book-running managers and representatives of the underwriters on an SEC-registered public debt offering by Bristol-Myers Squibb Company of $500 million principal amount of its 1.750% notes due 2019, $500 million principal amount of its 3.250% notes due 2023 and $500 million principal amount of its 4.500% notes due 2044.

More >>

The Firm recently represented Citigroup Global Markets Inc. as initial purchaser in a US$500 Million offering of 6.6000% Amortizing Notes due 2024 issued by The Dominican Republic. The sovereign debt offering was conducted in reliance on Rule 144A and Regulation S.

More >>

Patton Boggs has established a public finance practice and significantly enhanced its private fund investment and infrastructure transactions capabilities with the addition of four prominent attorneys – three in its New York office and one in Washington DC. The move signals Patton Boggs’ continued focus on strengthening its capabilities in key areas where it is well positioned to deliver high quality services to its current and potential client base.

More >>

Simpson Thacher represented Wm. Wrigley Jr. Company in connection with the issuance of $3.0 billion aggregate principal amount of senior unsecured notes and the completion of a senior unsecured credit facility consisting of a $2,150.0 million term loan and a $500.0 million revolving credit facility. Wrigley used the proceeds from the senior unsecured notes offering and the term loan, together with cash on hand, to repay existing indebtedness, including amounts outstanding under its existing credit facility.

More >>

The Firm represented JPMorgan Chase Bank, N.A. and the Bank of Montreal in connection with $1.35 billion of committed financing to Darling International Inc. (NYSE: DAR) in its completed acquisition of Rothsay, the rendering and biodiesel division of Maple Leaf Foods Inc., for CAD $645 million.

More >>