Gibson, Dunn & Crutcher acted as special counsel to Kimberly-Clark Corporation, while Simpson Thacher represented the underwriters in connection with the debt offering. Kimberly-Clark Corporation issued $750 Million aggregate principal amount of 3.100% Notes due 2030. The net proceeds from the transaction will be used for general corporate purposes, including the repayment of a portion […]
Sullivan & Cromwell LLP advised Key Energy Services in an out-of-court restructuring. Key Energy Services, Inc. announced that it has entered into a Restructuring Support Agreement (including the exhibit thereto, the “RSA”) with lenders under its term loan facility collectively holding over 99.5% (the “Supporting Term Lenders”) of the principal amount of the Company’s outstanding […]
Davis Polk advised the joint book-running managers in connection with the debt offering, while Gibson, Dunn & Crutcher advised Intel Corporation. The offering consisted of $1.5 billion aggregate principal amount of 3.400% senior notes due 2025, $1.0 billion aggregate principal amount of 3.750% senior notes due 2027, $1.5 billion aggregate principal amount of 3.900% senior […]
King & Spalding won Federal Circuit affirmance on behalf of Galderma Laboratories. A federal appeals court on Wednesday partially upheld a patent ruling that blocked Amneal Pharmaceuticals LLP from launching a generic version of the Galderma Laboratories LP rosacea drug Oracea. The U.S. Court of Appeals for the Federal Circuit affirmed in part a decision […]
Wilson Sonsini Goodrich & Rosati advised FuboTV, while Facebank was represented by Loeb & Loeb and Anthony L.G. as legal counsel; IndexAtlas AG as M&A adviser; and Axxcess Capital as financial adviser. FaceBank Group, a celebrity and sports focused virtual entertainment company, and fuboTV, a live TV streaming platform, announced the companies have entered into […]
Fried Frank acted as counsel to CVS in the transaction. CVS executed the acquisition of the retail and specialty pharmacy business of Schnuck Markets, Inc., a grocery chain in the Midwest. CVS will acquire and operate 99 of Schnuck’s pharmacies (and will brand them as CVS Pharmacy) and will also acquire the prescription files from […]
Gunderson Dettmer advised Coefficient Capital on the operation. Coefficient Capital announced it has raised a $170 million initial fund focused on investing in digitally powered consumer brands. Coefficient Capital, LLC operates as a venture capital firm. The Company invests in small, early-stage, and emerging firms. The Gunderson Dettmer deal team was led by Charlie Glass […]
Morgan Lewis represented The New York Times Company, while Fenwick & West represented Audm in the transaction. The New York Times Company executed the acquisition of Audm, a subscription-based audio app that offers listeners quality longform journalism read aloud word-for-word by celebrated audiobook narrators. Launched in 2016 by Ryan Wegner and Christian Brink, Audm transforms […]
Vinson & Elkins advised WPT Industrial REIT in its acquisition of a portfolio of 26 U.S. distribution and logistics properties. WPT Industrial Real Estate Investment Trust announced the closing of the previously announced acquisition of a portfolio of 26 U.S. distribution and logistics properties totaling approximately nine million square feet of gross leasable area (“GLA”) […]
Jones Day represented Cleveland-Cliffs Inc in connection with the offering. Cleveland-Cliffs Inc. (NYSE: CLF) announced that it has priced $725 million aggregate principal amount of Senior Secured Notes due 2026 in an offering that is exempt from the registration requirements of the Securities Act of 1933. The Notes will bear interest at an annual rate […]
Fenwick & West represented Espressive in the transaction. Espressive raised $30 million in its Series B financing led by Insight Partners with participation from existing investors General Catalyst and Wing Venture Capital. The financing will be used by Espressive to fuel company growth and product innovation, while addressing the demands of its rapidly growing customer […]
Davis Polk represented SS&C Technologies Holdings, Inc. in the transaction. SS&C Technologies Holdings, Inc. executed its acquisition of Captricity. Financial terms of the transaction were not disclosed. SS&C is a global provider of services and software for the financial services and healthcare industries. The Oakland, California-based Captricity offers an enterprise-grade machine learning solution that enables […]
