Watson, Farley & Williams has advised ING Bank N.V. (“ING”) as sole bookrunner and facility agent for a syndicate of banks on a US$340 million loan facility made available to Euronav NV (“Euronav”).
Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as lead arranger in connection with an amendment to Tempur Sealy International, Inc.’s existing $1.44 billion senior secured credit facilities under which Bank of America, N.A. acts as administrative agent.
Milbank, Tweed, Hadley & McCloy LLP represented international banks acting as initial purchasers in offerings of two series of notes issued by Mexico’s state-owned oil company, Petróleos Mexicanos (Pemex) guaranteed by the US Export-Import Bank.
Legal Advisors, Abdulaziz I. Al-Ajlan & Partners In Association with Baker & McKenzie has advised the financial advisors and lead managers on the initial public offering (IPO) of The National Commercial Bank, Saudi Arabia's largest lender.
The deal, raising SAR22.5 billion (USD6 billion), is the second-largest IPO in the world this year and the largest-ever equity sale in the Middle East, surpassing the USD5 billion raised by Dubai’s DP World in 2007.
Oddo & Cie, Paris, a leading independent broker on French midcaps, is acquiring Close Brothers Seydler Bank AG, Frankfurt am Main, from the London-based Close Brothers Group Plc. The future company will take the name of Oddo Seydler. The transaction is subject to approval by the relevant regulatory authorities.
Shearman & Sterling advised Morgan Stanley Senior Funding, Inc., Deutsche Bank Securities Inc. and Jefferies Finance LLC as joint lead arrangers and joint bookrunners in connection with a $725 million financing, comprising of a $450 million first lien term loan facility, a $75 million revolving credit facility and a $200 million second lien term loan facility, related to the acquisition of Grocery Outlet Inc. by Hellman & Friedman LLC.
Shearman & Sterling acted as counsel to the underwriters, represented by Credit Agricole Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, in connection with Atmos Energy’s offering of $500 million aggregate principal amount of 4.125% Senior Notes due 2044.
Davis Polk advised J.P. Morgan and BofA Merrill Lynch as representatives of the several underwriters on a $97.8 million SEC-registered offering of common stock of Esperion Therapeutics, Inc., which includes the full exercise of the underwriters’ option to purchase additional shares. The common stock is listed on the NASDAQ Global Market under the symbol “ESPR.”
Davis Polk advised underwriters represented by Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith and Credit Suisse Securities (USA) LLC in connection with an SEC-registered offering of $500 million aggregate principal amount of 1.4% notes due 2017 and $500 million aggregate principal amount of 2.2% notes due 2019.
Herbert Smith Freehills has advised the joint bookrunners on two separate Hong Kong Stock Exchange Regulation S bond issuances for a total of RMB2.1 billion.