Cravath represented the initial purchasers, led by BofA Merrill Lynch, Citigroup, J.P. Morgan Securities, Mizuho Securities and Rabo Securities USA Inc., in connection with the US$3 billion 144A/Reg. S debt offering of Wm. Wrigley Jr. Company, the world’s largest manufacturer and marketer of gum and a leader in the non‑chocolate confections category. The proceeds from the offering were used to repay borrowings from Mars, Incorporated, fees and expenses related to other refinancing transactions and general corporate purposes. The transaction closed on October 21, 2013.

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Loeb & Loeb LLP announced today that David G. Mallen, the deputy director of the National Advertising Division (NAD) of the Council of Better Business Bureaus (CBBB) and an experienced attorney in the areas of advertising and consumer protection law, has joined the firm as a partner in the New York office. Mallen brings with him nearly 15 years of experience from NAD, the advertising industry’s self–regulatory body, which investigates and adjudicates issues relating to truth and accuracy in advertising.

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Paul Hastings LLP, a leading global law firm, announced today that it represented Grupo Lala, Mexico’s largest dairy company and one of the leading dairy companies in Latin America, in completing its $1.1 billion initial public offering of common stock. The offering is the largest IPO of the year from Latin America.

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On October 20, 2013, Crown Castle International Corp. and AT&T Inc. announced that they have entered into a definitive agreement pursuant to which Crown Castle will acquire rights to approximately 9,700 AT&T towers for US$4.85 billion in cash at closing, subject to certain limited adjustments. Cravath represented Crown Castle in connection with this transaction.

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Paul Hastings LLP, a leading global law firm, announced today that it represented private equity firm Ventura Capital Privado, S.A. de C.V in its successful takeover of Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO), a facilities-based telecommunications provider. The takeover, led by Ventura on behalf of a group of investors, was accomplished through a simultaneous public tender offer for the shares of Maxcom in Mexico and an SEC registered tender offer in the U.S. The takeover was conditioned on a complete reorganization of Maxcom’s capital structure which was accomplished by the filing of a prepackaged Chapter 11 bankruptcy plan in Delaware. The U.S. bankruptcy filing was needed to compel all of the holders of Maxcom’s internationally traded bonds to agree to the terms of the restructuring. In the restructuring, Maxcom’s existing bondholders were issued new bonds.

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Davis Polk advised L Brands, Inc. in connection with its SEC-registered offering of $500 million aggregate principal amount of 5.625% senior notes due 2023. The notes are guaranteed by certain subsidiaries of L Brands, Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC were the joint book-running managers.

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Morgan Lewis announced today that Glenn E. Siegel—a lawyer with more than 25 years of experience handling high level bankruptcy matters for a diverse client base-—has joined the firm as a partner in its Business and Finance Practice and co-head of its Bankruptcy and Restructuring Group, resident in New York.

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Cozen O’Connor continues to increase the depth of the firm’s litigation capabilities in New York with the recent hiring of five new partners. Partners residing in the firm’s New York office who have joined in recent months include John J. Sullivan, Michael B. de Leeuw, Patrick B. Sardino, William K. Kirrane and Adam I. Stein.

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Simpson Thacher represented First Data Holdings Inc. (“First Data”) in steps designed to increase its flexibility and options to refinance and extend the maturities of its current capital structure. To effect these changes, First Data agreed to issue $300 million of new convertible preferred equity to KKR and other existing shareholders. The net proceeds will be used to repay a portion of the approximately $2 billion of its 11.5% senior PIK notes due 2016, with the remainder to be exchanged for new 14.5% senior PIK notes due 2019.

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Global law firm White & Case LLP has advised the New York branch of Deutsche Bank AG as Administrative Agent as well as Deutsche Bank Securities Inc., RBC Capital Markets and UBS Securities LLC as Joint Lead Arrangers and Joint Bookrunners of senior secured facilities provided by a syndicate of banks for the acquisition financing of German-based CeramTec Group by European private equity firm Cinven from US chemicals manufacturer Rockwood Holdings.

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