Tender offers by Micron Technology, Inc. to purchase its 5.625% Senior Notes due 2026 and 5.5% Senior Notes due 2025

Simpson Thacher represented Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as dealer managers, in connection with the tender offers by Micron Technology, Inc. to purchase its 5.625% Senior Notes due 2026 and 5.5% Senior Notes due 2025 (collectively, the “Notes”) for cash up to an aggregate purchase price of $1 billion. The […]

The Royal Bank of Scotland Group plc’s $3 Billion Notes Offering

Davis Polk advised The Royal Bank of Scotland Group plc, a public limited company incorporated under the laws of Scotland, in connection with its SEC-registered shelf takedown of $1.5 billion aggregate principal amount of 3.498% fixed-rate/floating-rate senior notes due 2023 and $1.5 billion aggregate principal amount of floating-rate senior notes due 2023. RBSG is the […]

Qualcomm’s $5 Billion Amended and Restated Senior Unsecured Revolving Credit Facility and $4 Billion Senior Unsecured Term Facility

Cravath represented the borrower, Qualcomm Incorporated, in connection with its $5 billion amended and restated senior unsecured revolving credit facility, made available by Bank of America, N.A. and its $4 billion senior unsecured delayed‑draw term facility, made available by Goldman Sachs Bank USA. The revolving credit facility will be used for working capital, capital expenditures […]

TDK Corporation’s $1.3 billion acquisition of InvenSense, Inc.

TDK Corporation has completed the all-cash acquisition of InvenSense, Inc. The acquisition price was $13.00 USD per InvenSense share, and the total acquisition price was approximately $1.3 billion USD. TDK currently focuses on three market segments: automotive, industrial equipment & energy, and information & communications technology (ICT). As part of its strategy for growth in […]

AXA Investment Managers’ $1.1 Billion Acquisition of Gramercy Property Trust’s Real Estate Fund

A Goodwin London and Frankfurt cross-border team advised Gramercy Property Europe plc (the “Fund”), a Europe-focused real estate investment fund sponsored by Gramercy Property Trust (Gramercy), on the sale of 100% of the Fund’s assets to a consortium of clients managed by AXA Investment Managers – Real Assets (the “Buyer”). The deal is worth approximately […]

Telefónica Group’s $3.5 Billion Restructuring Process in Chile

Guerrero Olivos assisted Telefónica Group in a major corporate restructuring process worth EUR3.5 billion. The restructuring was made to simplify the corporate structure, reduce costs and move forward to a more efficient business platform. Telefónica, S.A. provides mobile and fixed communication services primarily in the European Union and Latin America. The company, led by José […]

Pieris Pharmaceuticals and AstraZeneca Strike up to $2.1 Billion Collaboration on Anticalin-based Inhaled Treatments for Respiratory Diseases

Goodwin represented Pieris Pharmaceuticals in its strategic collaboration with AstraZeneca to develop novel inhaled drugs that leverage Pieris’ Anticalin® platform. AstraZeneca will make an upfront and near term milestone payments to Pieris in the amount of $57.5 million. Further, Pieris has the potential to receive development-dependent milestone and commercial payments of up to $2.1 billion, […]

Sabra Health Care and Care Capital Properties to Combine in US$7.4 Billion Transaction

UBS Investment Bank is acting as financial advisor to Sabra and O’Melveny & Myers LLP and Fried, Frank, Harris, Shriver & Jacobson LLP are acting as legal advisors to Sabra. BofA Merrill Lynch is acting as lead financial advisor and Barclays is acting as financial advisor to CCP. Sidley Austin LLP is acting as legal […]

Virtu Financial’s $1.4 Billion Acquisition of KCG Holdings

Paul, Weiss is representing high-speed trading firm Virtu Financial, Inc. in its approximately $1.4 billion all-cash acquisition of retail electronic trading firm KCG Holdings, Inc. Virtu intends to fund the cash transaction and a debt refinancing with new gross borrowings of $1.65 billion and the sale of $750 million of Virtu’s common stock to Temasek […]

Lundin Mining’s $1.136 Billion Sale of Interest in Tenke Copper Project

Paul, Weiss represented Lundin Mining Corporation in the sale of its indirect interest in the Tenke copper project in the Democratic Republic of Congo to an affiliate of Chinese private equity firm BHR Partners for $1.136 billion in cash and contingent consideration of up to $51.4 million. Concurrently with the completion of the sale, Lundin […]