Shearman & Sterling is advising Mizuho Bank, Ltd., a wholly-owned subsidiary of Mizuho Financial Group, Inc., on its acquisition of the $36.5 billion US and Canadian loan portfolio of Royal Bank of Scotland Group in a $3.2 billion transaction. More >>
Tags: Shearman & Sterling LLP | New York | Palo Alto | TokyoGreenberg Traurig Announces Tokyo Office, Expanding Asia Practice
International law firm Greenberg Traurig, LLP has reinforced its depth of coverage across the Asia Pacific with the opening of a new office in Tokyo, Japan.
The Tokyo office is the firm’s third in the region and will work collaboratively with existing teams in Shanghai, China and Seoul, Korea. It is Greenberg Traurig’s 37th office worldwide. Greenberg Traurig Tokyo Law Offices will be operated by Greenberg Traurig Horitsu Jimusho, an affiliate of Greenberg Traurig, P.A. and Greenberg Traurig, LLP. More >>
Tags: Greenberg Traurig, LLP | TokyoMorgan Lewis Expands in Japan with Addition of 16-Person Team from Bingham McCutchen
Morgan Lewis has enhanced its practice in Japan with the addition of a 16-person team, including five partners, from Bingham McCutchen. The new team comprised of 10 lawyers and six staff significantly strengthens Morgan Lewis’s cross-border asset management, IP, financial services, and M&A practices in Japan. Together with the firm’s long-standing joint enterprise with TMI Associates, Morgan Lewis and its 29 lawyers and staff resident in Tokyo provide deep and broad capabilities for both in-bound and out-bound legal services in Japan. More >>
Tags: Morgan, Lewis & Bockius LLP | TokyoOpening of Broad & Bright Tokyo Office
Broad & Bright Tokyo Office is established by Broad & Bright in association with Japan Toranomon Chuo Law Firm (hereinafter referred to as ‘Toranomon Chuo Firm’) in a form of joint venture, which has been approved by the Ministry of Justice of Japan and Japan Federation of Bar Association, and registered in Japan as an overseas branch of Broad & Bright. The official registered name is Toranomon Chuo Law Firm Broad & Bright Foreign Law Firm (foreign law joint venture). More >>
Tags: TokyoRecruit’s IPO Raises $1.8 Billion
The Tokyo office of Simpson Thatcher recently represented Recruit Holdings Co., Ltd. (“Recruit”) in connection with its initial public offering on the Tokyo Stock Exchange and global offering to institutional investors pursuant to Rule 144A and Regulation S under the Securities Act. Recruit sold 21,589,600 shares in the international offering, with an additional 6,000,000 shares sold by the selling shareholders in the international offering. More >>
Tags: TokyoClifford Chance advises Mitsubishi Corporation on its acquisition of Cermaq ASA
Leading international law firm Clifford Chance has advised Mitsubishi Corporation on its voluntary cash offer for the entire issued share capital of Cermaq ASA, a multinational fish farming group listed on the Oslo Stock Exchange. The acquisition, which is valued at approximately NOK8,880million (£838million) completed earlier in November. More >>
Tags: Clifford Chance LLP | London | Paris | Tokyo | Warsaw | WashingtonDavis Polk Advises Hitachi, Ltd. on a $581 Million Secondary Offering of Western Digital Corporation Common Stock
Davis Polk advised Hitachi, Ltd. as the selling stockholder in connection with an SEC-registered secondary offering of 6,250,000 shares of Western Digital Corporation common stock. Goldman, Sachs & Co. and BofA Merrill Lynch acted as lead book-running managers and J.P. Morgan Securities LLC and RBC Capital Markets, LLC acted as joint book-running managers for the offering. The total net proceeds to Hitachi from the offering were approximately $581 million. More >>
Tags: Davis Polk & Wardwell | TokyoAllen & Overy advises on financing for USD2.8 billion Donggi-Senoro project
Allen & Overy has advised on the financing for the USD2.8 billion Donggi-Senoro Liquefied Natural Gas (DSLNG) project which was signed today.
Donggi-Senoro LNG is the fourth liquefied natural gas (LNG) project in Indonesia and is scheduled to start production in mid-2015. The liquefaction plant will have the capacity to produce 2 million tons of LNG per year. The Republic of Indonesia has the largest economy in Southeast Asia and is the world’s fourth-largest exporter of LNG. DSLNG is the first LNG project in Indonesia to adopt a downstream development model, enabling separate development of upstream (natural gas and condensates production) and downstream (LNG and condensates) businesses. The Donggi-Senoro LNG project is only the world’s second non-integrated merchant LNG plant. Allen & Overy advised the project company, PT Donggi Senoro LNG, a subsidiary of the sponsors, Mitsubishi Corporation, PT Pertamina (Persero), Korea Gas Corporation (KOGAS) and PT Medco Energi Internasional TBK. More >>
Tags: Allen & Overy LLP | Sydney | TokyoSimpson Thacher Represents Managers in $1.5 Billion Senior Notes Offering by Mitsubishi UFJ Trust and Banking Corporation
Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Citigroup Capital Markets Inc., and J.P. Morgan Securities LLC, in an offering by Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) of $1.5 billion aggregate principal amount of its fixed rate senior notes due 2017 and 2019. The offering was conducted pursuant to Rule 144A and Regulation S. The notes are listed on the Singapore Exchange. More >>
Tags: Simpson Thacher & Bartlett LLP | TokyoMizuho Bank Completes Offering of an Aggregate of US$2.5 Billion of Senior Notes Guaranteed by Mizuho Financial Group
The Firm recently represented Japan’s Mizuho Bank, Ltd., as issuer, and Mizuho Financial Group, Inc., as guarantor, in connection with the offerings of US$500 million of 1.70% Senior Notes due 2017, US$1.0 billion of 2.65% Senior Notes due 2019, US$500 million of 3.60% Senior Notes due 2024 and US$500 million of Senior Floating Rate Notes due 2017, each pursuant to Rule 144A and Regulation S under the Securities Act. Mizuho Securities USA Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Goldman, Sachs & Co. were the joint lead managers for the offering. Mizuho Bank, Ltd. is one of Japan’s largest banks and is a wholly owned subsidiary of Mizuho Financial Group, Inc., one of Japan’s largest banking groups. More >>
Tags: Tokyo