Davis Polk advised Credit Suisse Securities (USA) LLC and Cowen and Company, LLC as joint book-running managers in connection with the $70.5 million initial public offering of common stock by BIND Therapeutics, Inc. BIND’s common stock is listed on the Nasdaq Global Select Market under the symbol "BIND."

Based in Cambridge, Massachusetts, BIND Therapeutics is a clinical-stage nanomedicine platform company developing targeted and programmable therapeutics called Accurin.

Davis Polk advised Morgan Stanley in connection with its $862.5 million SEC-registered offering of 34,500,000 depositary shares, each representing 1/1,000th interest in a share of its fixed-to-floating-rate non-cumulative preferred stock, Series E. The depositary shares sold in the offering include shares sold pursuant to the underwriters’ fully exercised option to purchase additional shares. The offering was made through an underwriting syndicate led by Morgan Stanley & Co. LLC, Goldman, Sachs & Co., J.P.

CMS has been working with long-standing client, Royal Mail on issues surrounding the Government’s transfer of a 10% stake in Royal Mail to employees for free as well as advising it on other aspects of its IPO, which successfully concluded today.
 

Herbert Smith Freehills is advising Goldman Sachs Australia Pty Ltd and Macquarie Capital (Australia) Limited in relation to their role as joint lead managers of OzForex Group’s initial public offering and listing on the Australian Securities Exchange.

Travers Smith Head of Corporate Spencer Summerfield, Tax Partner Simon Yates and Senior Corporate Associate Daniel Simons have advised The Bank of London and The Middle East, the largest Islamic bank in Europe, in connection with the implementation of a corporate reorganisation and its introduction and admission to trading on NASDAQ Dubai.

The investment funds team at Lawrence Graham LLP has advised new client Chenavari Capital Solutions Limited on its admission to trading on the Specialist Fund Market and listing on the CISX raising £130.3 million by way of a placing and limited U.S. subscription offer.

Chenavari Capital Solutions is a new closed-ended investment fund which will undertake "Capital Solutions" transactions with European banks seeking to earn an attractive rate of return with exposure to well defined credit risk whilst contributing to reduce the risk weighted assets of these banks.

Cravath represented the underwriters, led by J.P. Morgan Securities, BofA Merrill Lynch and Wells Fargo Securities, in connection with the US$874 million initial public offering of class A common stock of Premier, Inc., a national healthcare alliance. The shares were listed on the NASDAQ Global Select Market. The transaction closed on October 1, 2013.

Hong Kong, China, 7 October 2013 – Baker & McKenzie advised the joint sponsors - BOCI Asia Limited (“BOCI”) and J.P. Morgan Securities (Far East) Limited - and the joint global coordinators - BOCI and J.P. Morgan Securities (Asia Pacific) Limited, as Hong Kong and US law counsel, on the HK$2,016 million global offering of Nexteer Automotive Group Limited ("Nexteer"), a global leading automotive steering and driveline systems supplier. The shares commenced trading on The Stock Exchange of Hong Kong Limited on 7 October 2013.

Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., UBS Securities LLC and RBC Capital Markets, LLC in connection with the public offering by Fiduciary/Claymore MLP Opportunity Fund of 2,850,000 of its common shares of beneficial interest.

The Firm represented the underwriters of the initial public offering in Hong Kong and Rule 144A/Regulation S offering by China Huishan Dairy Holdings Company Limited  (Huishan Dairy). Huishan Dairy offered an aggregate of 3,787,596,000 ordinary shares, which raised approximately HK$10.1 Billion (US$1.3 billion) in gross proceeds for Huishan Dairy and the selling shareholders. Huishan Dairy is a leading and the most vertically integrated dairy company in China, and it currently owns the largest upstream resources and the second largest herd of dairy cows in China.