Slaughter and May, working as a team with Cravath, Swaine & Moore LLP and De Brauw Blackstone Westbroek, advised Royal Dutch Shell plc on the issue of a quadruple-tranche US$4 billion bond under its US shelf programme. The issue consists of US$1 billion 0.900% Fixed Rate Notes due 2016, US$1.25 billion 2.000% Fixed Rate Notes due 2018, US$750 million Floating Rate Notes due 2015 and US$1 billion Floating Rate Notes due 2016, in each case issued by Shell International Finance B.V. and guaranteed by Royal Dutch Shell plc.

Global law firm White & Case LLP has advised Greentown China Holdings Ltd, a luxury residential property developer in China, on its high yield offering of US$300 million 8 percent Senior Notes due 2019.

Together with this latest offering, White & Case has represented Greentown in high yield offerings and bank financings in 2013 which secured approximately US$2 billion in aggregate of long-term funding for Greentown.

Global law firm White & Case LLP has advised Atlantia S.p.A. on its issuance of €750 million 2.875 percent Notes due February 2021.

The Notes, which were listed on the Irish Stock Exchange on October 29, are guaranteed by Autostrade per l'Italia S.p.A. under Atlantia's €10 billion Medium Term Note Programme.

The White & Case team was led by partners Michael Immordino (Milan and London), Ferigo Foscari (Milan) and Nicholas Lasagna (Milan) and included partner Michael Doran (London) and associates Federico Morelli (Milan) and Tamara Dyer (London)

Simpson Thacher represented Wm. Wrigley Jr. Company in connection with the issuance of $3.0 billion aggregate principal amount of senior unsecured notes and the completion of a senior unsecured credit facility consisting of a $2,150.0 million term loan and a $500.0 million revolving credit facility. Wrigley used the proceeds from the senior unsecured notes offering and the term loan, together with cash on hand, to repay existing indebtedness, including amounts outstanding under its existing credit facility.

The Firm recently represented Citigroup Global Markets Inc. as initial purchaser in a US$500 Million offering of 6.6000% Amortizing Notes due 2024 issued by The Dominican Republic. The sovereign debt offering was conducted in reliance on Rule 144A and Regulation S.
 
The Simpson Thacher team for the transaction included Jaime Mercado, Jessica Garcia and Fernando Burman (Capital Markets) and Jonathan Cantor and Michael Cardella (Tax).

The Firm recently represented BB Securities Limited, Banco Bradesco BBI S.A., Banco BTG Pactual S.A. – Cayman Branch, J.P. Morgan Securities LLC and Santander Investment Securities Inc., as initial purchasers, in a sale of US$1.0 billion of 7.75% Senior Notes due 2020 issued by JBS Investments GmbH and unconditionally guaranteed by its parent company JBS S.A., a Brazilian corporation, and JBS Hungary Holdings Kft., a wholly owned subsidiary of JBS S.A.  The offering was conducted in reliance upon Rule 144A and Regulation S.

Shearman & Sterling represented Goldman, Sachs & Co., Jefferies LLC, William Blair & Company LLC, Oppenheimer & Co. Inc. and BB&T Capital Markets, a division of BB&T Securities, as initial purchasers in connection with the offering by Titan International, Inc. of $400 million of its 6.875% Senior Secured Notes due 2020. The Senior Notes are guaranteed by certain subsidiaries of Titan.

Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in connection with CSX Corporation’s public offering of $500 million aggregate principal amount of its 3.700% Notes due 2023.

CSX Corporation is a leading provider of traditional rail services and transportation for intermodal containers and trailers. The proceeds of the offering will be used for general corporate purposes.

Global legal practice Norton Rose Fulbright has advised leading regional developer Majid Al Futtaim on one of the first international hybrid bond issuances by a corporate borrower in the Gulf region. The issuance of US$500 million Reset Subordinated Perpetual Notes, callable after five years, were rated BB+ and received a 50 per cent equity credit by both Standard & Poor's and Fitch.

Slaughter and May, Hong Kong, advised Wing Tai Properties Limited, a company listed on the Hong Kong Stock Exchange, on the annual update of  the US$1,000,000,000 MTN programme established by its wholly-owned subsidiary. Notes issued under the programme are guaranteed by Wing Tai Properties. HSBC and Standard Chartered were the arrangers for the programme.

CONTACTS

Neil Hyman (partner), Alana Lam (associate), Catherine Hau (associate)