Ashurst has advised UBS and DBS in connection with the US$180 million Hong Kong initial public offering of China Pioneer Pharma Holdings Limited. Pioneer Pharma is a leading marketing and promotion services provider for imported pharmaceutical products with a distribution network that covers over 7,500 hospitals and 40,000 drugstores in China.

UBS acted as sole global coordinator and sole sponsor in connection with the transaction, and UBS and DBS acted as joint bookrunners and joint lead managers.

Slaughter and May has advised International Personal Finance plc (IPF) on the public offer and issue of £31.5 million 6.125% retail denominated notes to be consolidated and form a single series with the existing £70 million 6.125% notes issued in April 2013 under its EUR 1 billion euro medium term note programme. The notes have been admitted to trading on the main market of the London Stock Exchange (the LSE) and are tradeable on the LSE's electronic Order Book for Retail Bonds.

Davis Polk advised Citigroup Global Markets Inc. as the underwriter in connection with an SEC-registered block trade of 15,000,000 ordinary shares of LyondellBasell Industries N.V. by funds affiliated with Apollo Management Holdings, L.P. The net proceeds of the offering to Apollo were approximately $1.1 billion. The ordinary shares are listed on the New York Stock Exchange under the symbol “LYB.” 

Davis Polk advised Morgan Stanley & Co. LLC as the underwriter on an SEC-registered block trade of 3,000,000 shares of common stock, par value $0.01 per share, of Tower International, Inc., sold by Tower International Holdings, LLC, an affiliate of Cerberus Capital Management, L.P. The net proceeds from the offering totaled $60.3 million. 

Davis Polk advised Barclays Capital Inc. and Wells Fargo Securities, LLC as joint book-running managers and representatives of the underwriters on a public offering by Laboratory Corporation of America Holdings (LabCorp) of $400 million aggregate principal amount of 2.5% senior notes due 2018 and $300 million aggregate principal amount of 4% senior notes due 2023.

Slaughter and May advised Standard Chartered PLC on its issue of EUR1,250,000,000 1.625% Senior Fixed Rate Notes due 2018 under its US$57,500,000,000 Debt Issuance Programme. Crédit Agricole CIB, Deutsche Bank, Goldman Sachs International, J.P. Morgan Cazenove and Standard Chartered Bank acted as joint lead managers.

CONTACTS

Capital Markets: Nilufer von Bismarck (partner), Andrew Chaplin (associate)

Davis Polk advised Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, BNP Paribas Securities Corp. and RBS Securities Inc. as joint book-running managers and representatives of the underwriters on an SEC-registered public debt offering by Bristol-Myers Squibb Company of $500 million principal amount of its 1.750% notes due 2019, $500 million principal amount of its 3.250% notes due 2023 and $500 million principal amount of its 4.500% notes due 2044.

Slaughter and May, working as a team with Uría Menéndez, advised CaixaBank, S.A. on its issue of EUR 594.3 million 4.50% unsecured bonds due 2016 exchangeable for ordinary shares of Repsol S.A., with an Issuer cash settlement option.

Morgan Stanley & Co. International plc and Citigroup Global Markets Limited acted as Joint Bookrunners. Application will be made for the bonds to be admitted to listing on the official list of the Irish Stock Exchange and admitted to trading on the regulated market of the Irish Stock Exchange.

CONTACTS

DLA Piper represented US Bank and Goldman Sachs in connection with the private bank financing for the construction of the new Minnesota Vikings stadium involving total financing sources of approximately US$1 billion. The financing includes capital from a combination of public and private sources, equity and NFL financing in the form of a loan repaid from stadium revenues.

Clifford Chance has advised Bank of America Merrill Lynch, Bayerische Landesbank, Commerzbank and UBS Investment Bank as joint bookrunners on the EUR 600 million inaugural bond issue of Telefónica Deutschland Finanzierungs GmbH. The bond is guaranteed by Telefónica Deutschland Holding AG. The bond has a term of five years and pays a 1.875 coupon.

Under its brand name O2 Telefónica Deutschland sells mobile telecommunication products, mobile data services, DSL fixed network telephony and high-speed internet services to its customers in Germany.