Lowe’s Companies, Inc.’s $3 Billion Investment Grade Debt Offering and Related Tender Offer

Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and SunTrust Robinson Humphrey, Inc. as representatives of the underwriters in connection with Lowe’s Companies, Inc.’s public offering of $1.5 billion of its 3.10% notes due 2027 and $1.5 billion of its 4.05% notes due 2047. The firm also represented […]

London Stock Exchange Group (LSEG)’s $685 million acquisition of Fixed Income Analytics and Index Businesses of Citi

Citi has entered into an agreement to sell its Fixed Income Analytics and Index Businesses to London Stock Exchange Group (LSEG) for a total cash consideration of $685 million, subject to customary adjustments. The transaction includes Citi’s fixed income analytics platform, The Yield Book, and Citi Fixed Income Indices which include the World Government Bond […]

Province of Ontario’s $2.0 Billion Bond Offering

Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offering of US$2 billion of its 2.250% Bonds due May 18, 2022 (the “Bonds”). Ontario is the largest Canadian province by population and home to both the nation’s capital and most populous city. The following Shearman & Sterling team advised Ontario […]

Berkshire Hills Bancorp’s Acquisition of Commerce Bancshares

Simpson Thacher is representing J.P. Morgan Securities LLC as financial advisor to Berkshire Hills Bancorp, Inc. (NYSE: BHLB) in connection with its acquisition of Commerce Bancshares Corp. for approximately $209 million in an all-stock transaction. Closing of the transaction is subject to approval of Commerce’s shareholders, as well as state and federal regulatory agencies. Berkshire […]

Export Development Canada $1.25 Billion Global Bond Offering

Davis Polk advised the underwriters in connection with the offering of $1.25 billion aggregate principal amount of 2.000% U.S. dollar bonds due 2022 issued by Export Development Canada. BMO Capital Markets, BofA Merrill Lynch, Citigroup and RBC Capital Markets acted as Joint Book-Running Managers. Export Development Canada, a crown corporation of Canada, provides financing, insurance […]

LL 2851 Junction LLC’s $82 million acquisition of a big San Jose office building from The Blackstone Group

Jones Day has advised The Blackstone Group in the $82 million sale by its subsidiary BRE Junction Property Owner of a 156,000-square-foot, four-story office building at 2851 Junction Ave. in San Jose to LL 2851 Junction LLC. the recent purchase of the 2851 Junction Ave. office building shows a quick $6 million price increase for […]

$5.6 Billion of Committed Financing Related to Sinclair’s Acquisition of Tribune Media

Simpson Thacher represented JPMorgan Chase Bank, Royal Bank of Canada and Deutsche Bank in connection with $5.632 billion of committed financing for Sinclair Broadcast Group, Inc. (NYSE: SBGI) (“Sinclair”) in connection with its announced takeover offer for 100% of the outstanding shares of Tribune Media Company (NYSE: TRCO) (“Tribune”), for $43.50 per share for an […]

DexCom, Inc. $350 Million Convertible Notes Offering

Davis Polk advised the initial purchasers in connection with a Rule 144A offering by DexCom, Inc. of $350 million aggregate principal amount of its 0.75% senior convertible notes due 2022. J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as Initial Purchasers. Headquartered in San Diego, California, DexCom, Inc. is developing […]

New Mountain Capital’s Acquisition of OneDigital

Simpson Thacher is representing New Mountain Capital in connection with its acquisition of the majority ownership position in One Digital Health and Benefits (“OneDigital”) from Fidelity National Financial Ventures. Headquartered in Atlanta, OneDigital is the nation’s largest employee benefits-only company. OneDigital offers employers a combination of strategic advisory services, analytics, compliance support, HR capital management […]