Davis Polk – Goldcorp Inc. $1.5 Billion Senior Notes Offering

Davis Polk advised HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with a $1.5 billion SEC-registered debt offering by Goldcorp Inc., consisting of $500 million aggregate principal amount of 2.125% notes due 2018 and $1 billion aggregate principal amount of 3.700% notes due 2023.

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Tags:  Davis Polk & Wardwell LLP | New York

Simpson Thacher Represents Blackstone in Sale of Warrants in General Growth Properties

The Firm represented Blackstone in the sale of its warrants to purchase shares of common stock of General Growth Properties, Inc. General Growth acquired all the warrants held by affiliates of Blackstone and Fairholme Funds, Inc. for approximately $633 million. The warrants were exercisable into an aggregate of approximately 52 million shares and were issued in connection with the restructuring of General Growth and its emergence from bankruptcy in 2010. The Firm represented Blackstone in the restructuring.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Jennifer Coplan Joins Sidley Austin LLP as a Partner in the Technology Transactions Practice in New York

Sidley Austin LLP is pleased to announce that Jennifer B. Coplan has joined the firm in its New York office as a partner in its global Technology Transactions practice. Ms. Coplan regularly advises public and emerging companies on digital media, intellectual property and information technology matters in both domestic and international transactions.

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Tags:  Sidley Austin LLP | New York

Cravath – Sabra Health Care REIT’s Preferred Stock Offering

Cravath represented the underwriters, led by Jefferies, BofA Merrill Lynch, and Citigroup, in connection with the US$125 million series A cumulative redeemable perpetual preferred shares of Sabra Health Care REIT, Inc., a real estate investment trust that owns and invests in real estate serving the healthcare industry. The transaction closed on March 21, 2013.

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Tags:  Cravath, Swaine & Moore LLP | New York

Paul Hastings Represents Initial Purchasers in Fibra Inn’s $300 Million International IPO

Paul Hastings LLP, a leading global law firm, represented the initial purchasers in connection with the initial public offering by Fibra Inn on the Mexican Stock Exchange. Fibra Inn is the second lodging Real Estate Investment Trust (REIT) in Latin America and is the fifth publicly traded Mexican REIT to be created in the wake of a comprehensive legal overhaul in Mexico that created the “FIBRA”, a new Mexican investment vehicle, which bears many similarities to the U.S. REIT. The offering involved the issuance of approximately $300 million in Fibra Inn’s stock publicly on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S. The initial purchasers involved in this transaction were Credit Suisse and Santander.

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Tags:  Paul Hastings, LLP | New York

Weil Advises American Realty in $9B Offer to Buy Cole Credit

A Weil team led by Corporate Chairman Michael Aiello is advising real estate investment trust American Realty Capital Properties, Inc. (American Realty) in connection with its approximately $9 billion unsolicited offer (including assumption of debt) to purchase 100% of the outstanding common stock of Cole Credit Property Trust III, Inc. When completed, the transaction will create the largest publicly traded real estate investment trust in the net lease sector.

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Tags:  Weil, Gotshal & Manges, LLP | New York

Paul Weiss – Liberty Media to Acquire 27% Stake in Charter Communications for $2.6 Billion

As has been widely reported in several news outlets including BloombergReuters and The Wall Street Journal, Charter Communications, Inc. and Liberty Media Corporation announced that Liberty Media has entered into a definitive agreement with investment funds managed by, or affiliated with, Oaktree Capital Management, Apollo Management and Crestview Partners. Paul, Weiss represented Oaktree in the transaction. The firm was first retained in 2008 to represent Oaktree and a committee of bondholders in restructuring Charter, so this transaction is the culmination of many years of work.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Simpson Thacher Represents MDC Partners Inc. in its $550 Million Senior Notes Offering and $225 Million Amended and Restated Revolving Credit Facility

Simpson Thacher represented MDC Partners Inc. (“MDC”) in connection with a Rule 144A/Regulation S offering of $550,000,000 aggregate principal amount of its 6.75% Senior Notes due 2020, fully and unconditionally guaranteed by all of its existing and future subsidiaries that guarantee its senior secured credit facility. MDC used the net proceeds of the offering to redeem all $425 million aggregate principal amount of its 11% senior notes due 2016, to pay accrued interest, related premiums, fees and expenses. Any remaining net proceeds will be used for general corporate purposes, including funding of deferred acquisition consideration. Simpson Thacher also represented MDC and certain of its subsidiaries in connection with the entry into an amended and restated $225,000,000 senior secured revolving credit facility. The notes offering and credit facility closed on March 20, 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York