LyondellBasell’s $2.25 Billion Acquisition of A. Schulman, Inc.

Shearman & Sterling LLP is serving as LyondellBasell’s legal counsel, while J.P. Morgan and Dyal Co. are serving as co-financial advisors. Skadden, Arps, Slate, Meagher & Flom LLP is serving as A. Schulman’s legal counsel, while Citigroup Global Markets, Inc. is serving as financial advisor. LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and […]

Oaktree’s $220 Million Class A Unit Offering

Simpson Thacher represented Oaktree Capital Group, LLC in its offering of 5,000,000 Class A units representing limited liability company interests of Oaktree, resulting in approximately $220 million in net proceeds to the Company. Morgan Stanley & Co. LLC was the underwriter for the offering. The offering was made pursuant to the Company’s effective shelf registration […]

Costamare’s $115 million Registered Perpetual Preferred Stock Offering

Cravath represented Costamare Inc. in connection with its $115 million registered perpetual preferred stock offering. Costamare is an international owner of containerships, chartering its vessels to many of the world’s largest liner companies. The company, led by Konstantinos Konstantakopoulos, Gregory Zikos and Anastassios Gabrielides in 2017 recorded $412 Million Revenues. The shares were listed on […]

Broadcom’s Committed Debt Financing of $100 Billion

Simpson Thacher represented Broadcom Limited (NASDAQ: AVGO) in connection with its securing $100 billion of committed debt financing to fund its proposed acquisition of Qualcomm Incorporated (NASDAQ: QCOM) and post-closing working capital needs, including restructuring activities, at the combined companies. Broadcom Limited is a leading designer, developer and global supplier of a broad range of […]

Hovnanian Enterprises’ Debt Financing Transactions

Simpson Thacher represented Hovnanian Enterprises, Inc. (“Hovnanian”), one of the nation’s largest homebuilders, in connection with its recent financing transactions with GSO Capital Partners LP (“GSO”). As part of the financing transactions, K. Hovnanian Enterprises, Inc., its wholly owned subsidiary (“K. Hovnanian”), consummated the exchange (the “Exchange”) of approximately $170.2 million aggregate principal amount of […]

Alleghany Capital Corporation’s Acquisition of Hirschfeld Industries

Willkie Farr & Gallagher LLP acted as legal counsel to W&W|AFCO. Cowen advised Hirschfeld on the transaction and Hunton & Williams LLP acted as legal counsel to the Company. Alleghany Capital Corporation (“Alleghany Capital”), a subsidiary of Alleghany Corporation, today announced that WWSC Holdings, LLC (“W&W|AFCO”) has acquired the Hirschfeld Industries group of companies (“Hirschfeld” […]

Canadian National Railway Company $900 Million Notes Offering

Davis Polk advised the joint book-running managers and representatives of the underwriters on a registered public offering by Canadian National Railway Company of $300 million aggregate principal amount of its 2.400% notes due 2020 and its $600 million aggregate principal amount of its 3.650% notes due 2048. CN offered the notes under the Multijurisdictional Disclosure […]

Genesee & Wyoming’s Investment in Cargomatic

Simpson Thacher represented Genesee & Wyoming Inc. (NYSE: GWR) in connection with its investment in Cargomatic, Inc., a technology platform connecting shippers and truck carriers with a focus on short-haul markets. Genesee & Wyoming Inc. (G&W) (NYSE:GWR) has made an investment in and formed a strategic alliance with Cargomatic, Inc. (Cargomatic), a technology platform connecting […]

White Mountains’s $250 Million Investment in Kudu

Cravath represented White Mountains in connection with the transaction. Kudu Investment Management, LLC, a leading capital provider to asset management and wealth management firms, announced that it closed a $250 million investment from funds managed by Oaktree Capital Management, L.P., the global alternative investment management firm, and from White Mountains Insurance Group, Ltd. (“White Mountains”), […]

Oxford Nanopore Technologies Ltd. v. Pacific Biosciences of California, Inc.

Baker Botts L.L.P., a leading international law firm, announced another victory for firm client Oxford Nanopore Technologies Ltd., in a high profile competitor case at the U.S. International Trade Commission (ITC). The full Commission ruled in favor of Oxford Nanopore by affirming summary determination of noninfringement by Oxford’s nanopore sequencing technology in a patent infringement […]