Shearman & Sterling represented Viacom Inc. in connection with a $500 million issue of Viacom’s 2.500% Senior Notes due 2018, a $1.25 billion issue of Viacom’s 4.250% Senior Notes due 2023 and a $1.25 billion issue of Viacom’s 5.850% Senior Debentures due 2043.
Headquartered in New York, Viacom is among the world’s leading global entertainment content companies.
Davis Polk advised Westar Energy, Inc. in connection with its SEC-registered offering of $250 million in aggregate principal amount of 4.625% first-mortgage bonds due 2043. The joint book-running managers were Mitsubishi UFJ Securities (USA), Inc., UBS Securities LLC and Wells Fargo Securities, LLC.
Westar Energy is the largest electric utility in Kansas, providing electric generation, transmission and distribution services to approximately 694,000 customers.
Milbank, Tweed, Hadley & McCloy has represented the Government of Bermuda in its largest-ever sovereign bond issuance, $750 million of 4.854% senior notes due 2024.
The notes are dual listed on the Luxembourg and the Bermuda Stock Exchanges. Proceeds from the offering will pay for outstanding debt and certain budgeted government expenses.
New York, NY- Paul Hastings LLP, a leading global law firm, announced today that it recently represented Credivalores-Crediservicios, S.A.S. in connection with its establishment of a EuroNotes program for issuance of up to $150 million of EuroNotes. Credivalores completed its first issuance under the program shortly after the program was established.
Shearman & Sterling represented Morgan Stanley & Co. LLC, as representative of the several underwriters, in connection with The AES Corporation’s offering of $500 million of its 4.875% Senior Notes due 2023. In a subsequent reopening of the notes, the firm represented Morgan Stanley & Co. LLC, as sole underwriter, in AES’s offering of $250 million of its 4.875% Senior Notes due 2023. The proceeds from both offerings were used to fund concurrent tender offers for four series of AES’s outstanding senior notes identified below.
Shearman & Sterling represented Transelec S.A. in connection with the Rule 144A/Regulation S offering of $300 million aggregate principal amount of its 4.625% Senior Notes due 2023.
Transelec S.A. is the largest power transmission company in Chile, providing power to cities in which 98% of the Chilean population live and to large-scale industrial users and miners.
Simpson Thacher recently represented International Transmission Company (“ITCTransmission”), a wholly-owned subsidiary of ITC Holdings Corp. (“ITC Holdings”), in connection with its offering pursuant to Rule 144A and Regulation S of $285 million aggregate principal amount of its 4.625% First Mortgage Bonds, Series E, due 2043. The offering closed on August 14, 2013.
Shearman & Sterling Advises on Intralot’s €325 Million Notes Offering and Tender OfferShearman & Sterling represented Citigroup Global Markets Limited, HSBC plc, Barclays Bank PLC and Société Générale as joint bookrunners on Intralot Finance Luxembourg S.A.’s offering of €325 million of its 9.750% Senior Notes due 2018. The offering, which was conducted pursuant to Rule 144A and Regulation S under the US Securities Act, closed on August 8, 2013.
Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as joint book-running managers, BMO Capital Markets Corp., BNP Paribas Securities Corp., CIBC World Markets Corp., Credit Suisse Securities (USA) LLC, RBS Securities Inc. and Scotia Capital (USA) Inc., as senior co-managers, and Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc.
The Firm represented BofA Merrill Lynch and Morgan Stanley as representatives of the several underwriters in connection with CA, Inc.’s $250 million public offering of its 2.875% Senior Notes due 2018 and $250 million public offering of its 4.500% Senior Notes due 2018.
CA, Inc. is a leading provider of enterprise information technology (IT) management software and solutions that help customers manage and secure complex IT environments.