Sumo Logic’s $110 Million Series G Round Funding

Gunderson Dettmer advised Sumo Logic on the deal Sumo Logic, the leading cloud-native, machine data analytics platform that delivers continuous intelligence, executed a $110 million funding round led by Battery Ventures, with contributions from new investors including Tiger Global Management and Franklin Templeton, as well as participation from existing investors. With a current valuation over […]

Abry Partners’ $50 Million Convertible Preferred Equity Investment in New Global IoT Company

Lowenstein Sandler and Meitar Liquornik Geva Lesham Tal will serve as legal advisors to Abry Partners’ registration, redemption, preemptive, board designation, and consent rights. Canaccord Genuity will act as the financial advisor, and Olshan Frome Wolosky LLP and Goldfarb Seligman & Co. will act as legal advisors to I.D. Systems. ROTH Capital Partners will act […]

Sherlock Biosciences’ $31 Million Round Funding

Gunderson Dettmer advised Sherlock Biosciences on the round Sherlock Biosciences, an Engineering Biology company dedicated to making diagnostic testing better, faster, and more affordable, closed its Series A round, with a total investment of over $31 million from Northpond Ventures, Baidu Ventures, the Open Philanthropy Project, and other investors. The additional funds bring Sherlock’s total […]

Apollo Commercial Real Estate Finance’s $500 Million Term Loan B Credit Facility

Clifford Chance advised Apollo Commercial Real Estate Finance, Inc. in connection with its US$500 million secured credit facility. The proceeds of the term loans under the credit facility may be used for, among other things, working capital and other general corporate purposes. Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that […]

Duke Energy Corporation’s $600 Million Notes Offering

Hunton Andrews Kurth LLP advised Duke Energy Corporation on the transaction Duke Energy Corporation executed its SEC-registered offering of (i) $300 million aggregate principal amount of its Floating Rate Senior Notes due 2022 and (ii) $3000 million aggregate principal amount of its 3.227% Senior Notes due 2022. Duke Energy, together with its subsidiaries, is a […]

IBM’s $20 Billion Notes Offering

Davis Polk advised the representatives of the underwriters in connection with a public offering by International Business Machines Corporation. International Business Machines Corporation offerd $1.5 billion aggregate principal amount of its floating-rate notes due 2021, $1.5 billion aggregate principal amount of its 2.800% notes due 2021, $2.75 billion aggregate principal amount of its 2.850% notes […]

Florida Power & Light Company’s $1 Billion Floating Rate Notes Offering

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Florida Power & Light Company (FPL) of $1 billion aggregate principal amount of Floating Rate Notes, Series due May 6, 2022. Citigroup?, Morgan Stanley, RBC Capital Markets?, US Bancorp Wells Fargo Securities, ??Fifth Third Securities????? and Regions Securities LLC? acted as Joint Book-Running […]

SpringWorks Therapeutics’ $125 Million Series B Financing

Goodwin advised SpringWorks Therapeutics, Inc. on the deal SpringWorks Therapeutics, Inc. closed its $125 million Series B preferred stock financing led by Perceptive Advisors. The proceeds from the financing will be used to advance SpringWorks’ two late-stage rare disease oncology programs towards potential regulatory approval and commercialization: nirogacestat, a gamma secretase inhibitor for the treatment […]

Crestwood’s $485 Million Acquisition of Williams’ 50% Interest in Powder River Basin JV

Vinson & Elkins advised Crestwood Equity Partners LP on the deal Crestwood Equity Partners LP executed the acquisition by Crestwood Niobrara LLC of a 50% interest in Jackalope Gas Gathering Services, L.L.C. from The Williams Companies, Inc. for approximately $485 million. The acquisition of Williams’ interest is a continuation of Crestwood’s strategy to expand its […]