Simpson Thacher Represents First Data in Refinancing

Simpson Thacher represented First Data Corporation (“First Data”) in connection with its Rule 144A and Regulation S offering of $785 million aggregate principal amount of 11.25% Senior Notes due 2021. Simpson Thacher also represented First Data in connection with its borrowing of $258 million in aggregate principal amount of incremental term loans due 2018.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk Advises Comcast on Its Acquisition of General Electric’s Common Equity Stake in NBCUniversal

Davis Polk is advising Comcast Corporation on its $16.7 billion acquisition of General Electric Company’s 49% common equity stake in the NBCUniversal Media, LLC joint venture. NBCUniversal will also purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, New Jersey for approximately $1.4 billion. The transaction is subject to customary closing conditions and is expected to close by the end of the first quarter of this year.

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Tags:  Davis Polk & Wardwell LLP | New York

Cahill Represents Initial Purchasers in $650 Million Notes Offering by Atlas Pipeline Partners

Cahill represented BofA Merrill Lynch, Wells Fargo Securities, Deutsche Bank Securities, Citigroup, and J.P. Morgan, as joint book-running managers, and the co-managers in connection with the Rule 144A offering of $650,000,000 aggregate principal amount of $5-7/8% Senior Notes due 2023 by Atlas Pipeline Partners, L.P.

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Tags:  Cahill Gordon & Reindel LLP | New York

Cahill Represents Initial Purchasers in $220 Million Notes Offering by Universal Hospital Services

Cahill represented Barclays, BofA Merrill Lynch and RBC Capital Markets as joint book-running managers and Wells Fargo Securities and PNC Capital Markets LLC as co-managers in connection with the Rule 144A offering of $220,000,000 aggregate principal amount of 7.625% Second Lien Senior Secured Notes due 2020 by Universal Hospital Services, Inc.

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Tags:  Cahill Gordon & Reindel LLP | New York

Shearman & Sterling Advises Jefferies on Financing for SESAC Acquisition

Shearman & Sterling advised Jefferies Finance LLC, as administrative agent, collateral agent, sole lead arranger and sole lead bookrunner, in connection with a $360 million financing, comprised of a $250 million first lien financing and $110 million second lien financing, related to the acquisition of SESAC Holdings, Inc. by Rizvi Traverse Management.

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Tags:  Shearman & Sterling LLP | New York

Simpson Thacher Represents Issuer in Inaugural Global Equity Offering by Second Largest Mexican Beverage Company

The Firm recently represented Organización Cultiba, S.A.B. de C.V., in connection with its inaugural global offering of 98,004,889 common shares. The shares were offered to the public in Mexico, to qualified institutional buyers in the United States in reliance on Rule 144A and to non-U.S. persons elsewhere in reliance on Regulation S. The global offering, which included a secondary offering by certain of Cultiba’s shareholders, raised approximately US$270 million in gross proceeds. Cultiba’s common shares are listed on the Mexican Stock Exchange.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents BTG Pactual and Deutsche Bank in US$300 Million High Yield Notes Offering by SMU S.A.

The Firm recently represented Banco BTG Pactual S.A. and Deutsche Bank Securities Inc., as initial purchasers, in connection with a US$300 million international offering of 7.750% Senior Notes due 2020 by SMU S.A. The offering was made to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.

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Tags:  Simpson Thacher & Bartlett LLP | New York