LYB International Finance III, LLC’s $1 Billion Guaranteed Notes Offering

Davis Polk advised the joint book-running managers on an SEC-registered offering by LYB International Finance III, LLC, a wholly owned subsidiary of LyondellBasell Industries N.V., of $1 billion aggregate principal amount of its 4.200% guaranteed notes due 2049. The notes are fully and unconditionally guaranteed by LyondellBasell Industries N.V. LyondellBasell is one of the largest […]

General Electric Company’s $5 Billion Cash Tender Offers

Davis Polk advised the joint dealer-managers in connection with the transaction. General Electric Company acquired up to $2.5 billion aggregate of its outstanding USD denominated 4.500% notes due 2044; 4.125% notes due 2042; 3.375% notes due 2024; and 2.700% notes due 2022 and up to $2.5 billion aggregate purchase price of its outstanding Euro denominated […]

Interbank’s Investment Grade Bond Offerings and Tender Offer

Simpson Thacher represented Citigroup and J.P. Morgan as dealer managers and solicitation agents in connection with a concurrent cash tender offer and consent solicitation whereby Interbank offered to purchase any and all of its outstanding 5.75% Secured Notes due 2020. Interbank is a leading provider of a wide range of financial products and banking services […]

Banco Internacional del Perú S.A.A.’s $400 Million Senior Notes Offering

Simpson Thacher represented Citigroup and J.P. Morgan as initial purchasers in connection with the offering by Banco Internacional del Perú S.A.A. Banco Internacional del Perú S.A.A. (“Interbank”) offered an aggregate principal amount of US$400 million 3.25% Senior Notes due 2026, which was conducted in reliance upon Rule 144A and Regulation S under the Securities Act, […]

RigUp, Inc.’s $300 Million Series D Funding Round

WilmerHale represented RigUp, Inc. On October 10, 2019, RigUp, Inc., the energy industry’s largest marketplace for on-demand services and skilled labor, announced that it secured $300 million in a Series D funding round led by Andreessen Horowitz, with additional investors Founders Fund, Bedrock Capital and Quantum Energy Partners. This recent investment will be used by […]

Halcón Resources Corporation’s Bankruptcy Exit Financing

Simpson Thacher represented Bank of Montreal, as administrative agent and lead arranger, in the $750 million exit facility in connection with Halcón Resources Corporation’s financial restructuring and emergence from bankruptcy. The exit financing was effectuated through a plan of reorganization filed with the United States Bankruptcy Court for the Southern District of Texas on August […]

Cerberus Capital Management’s Acquisition of CSI Businesses and Facilities

Goldman Sachs & Co. LLC acted as exclusive financial advisor to Reynolds Group and CSI. Schulte Roth & Zabel LLP acted as legal counsel to Cerberus, and Debevoise & Plimpton LLP served as legal counsel to Reynolds Group and CSI. Cerberus Capital Management, L.P., through an affiliate, executed the acquisition of the North American, Costa […]

GIC Special Investment Pte. Ltd. And Abertis Infraestructuras S.A.’s 70% Acquisition Stake In Red De Carreteras De Occidente S.A.B

Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd. Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd. (“GIC”) in connection with its joint acquisition with Abertis Infraestructuras, S.A. (“Abertis”) of an approximate 70 percent stake in Red de Carreteras de Occidente S.A.B. de C.V. (“RCO”) from Goldman Sachs Infrastructure Partners […]

Blackstone Holdings Finance Co.’s $900 Million Senior Notes Offerings and Related Tender Offer and Redemption

Simpson Thacher advised Blackstone on the issuance and sale by Blackstone Holdings Finance Co. L.L.C., an indirect finance subsidiary of The Blackstone Group Inc., of $500 million aggregate principal amount of 2.5% Senior Notes due 2030 and $400 million aggregate principal amount of 3.5% Senior Notes due 2049. The notes are guaranteed by The Blackstone […]