Cravath represented the underwriter, J.P. Morgan Securities, on the deal. JPMorgan Chase & Co. completed its $2.25 billion registered fixed-to-floating rate notes offering. The transaction closed on March 13, 2020. JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The Cravath team included […]
Simpson Thacher represented the underwriters in the offering. Pfizer Inc. completed a public offering of $1,25 Billion aggregate principal amount of 2.625% Notes due 2030. Pfizer intends to allocate an amount equivalent to the net proceeds from the offering to finance or refinance, in whole or in part, one or more eligible projects that have […]
Davis Polk advised Comcast Corporation on the deal. Comcast Corporation executed its $4.0 billion SEC-registered debt offering of 3.100% notes due 2025, 3.300% notes due 2027, 3.400% notes due 2030 and 3.750% notes due 2040. Comcast is a global media and technology company with three primary businesses, Comcast Cable, NBCUniversal and Sky. Comcast Cable is […]
Clifford Chance has advised Berjaya Corporation Berhad and its subsidiary, Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha on this transaction. The five-star Hotel commenced operations in 2016 under the Four Seasons brand. The development was Berjaya’s first hotel development project in Japan. Godo Kaisha Tigre acquired the hotel component. The Clifford Chance team, who began […]
Paul Hastings LLP advised Jacobs Engineering Group, Inc. and Jacobs U.K. Limited in connection with a $1 billion term loan facility. Under the term loan facility, Jacobs Engineering Group, Inc., one of the world’s largest and most diverse providers of highly technical services, will borrow an aggregate principal amount of $730,000,000 and Jacobs U.K. will […]
Bracewell LLP represented Phillips 66, as borrower, in a $1 billion 364-day delayed draw term loan agreement with Mizuho Bank, Ltd. as administrative agent and lead arranger. Pursuant to the agreement, Phillips 66 has the option to increase the amount of the facility by up to an additional $1 billion, subject to, among other things, […]
K&L Gates LLP advised Churchill Asset Management LLC on the deal. Churchill Asset Management LLC completed the fundraising of a $2 billion fund that will provide traditional senior and unitranche loans to middle-market, private equity-backed businesses in the United States. The fund surpassed its initial target of $1 billion and received capital commitments from a […]
Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Florida Power & Light Company (FPL) of $1.1 billion aggregate principal amount of First Mortgage Bonds, 2.85% Series due April 1, 2025. FPL was incorporated under the laws of Florida in 1925 and is a rate-regulated electric utility engaged primarily in the generation, […]
Fried Frank acted as counsel to Humana in its underwritten public offering, while Simpson Thacher advised the underwriters. Humana completed the offering of US$1.1 billion of senior notes comprised of two tranches: US$600 million of 4.500% senior notes due 2025 and US$500 million of 4.875% senior notes due 2030. BofA Securities, Goldman Sachs, and J.P. […]
Linklaters advised the People’s Bank of China on this deal. On 26 March 2020, the People’s Bank of China (PBOC) successfully issued RMB 10 billion six-month Bills in Hong Kong SAR through the tendering platform CMU BID operated by the Hong Kong Monetary Authority (HKMA), with the final interest rate of 2.19%. This is the […]
Jenner & Block acted as special counsel to General Dynamics Corporation, while Davis Polk advised the joint book-running managers and representatives of the underwriters in its SEC-registered offering. General Dynamics Corporation’s offering consisted of $750 million aggregate principal amount of 3.250% notes due 2025, $750 million aggregate principal amount of 3.500% notes due 2027, $1 […]
Davis Polk advised the joint book-running managers in connection with the debt offering, while Gibson, Dunn & Crutcher advised Intel Corporation. The offering consisted of $1.5 billion aggregate principal amount of 3.400% senior notes due 2025, $1.0 billion aggregate principal amount of 3.750% senior notes due 2027, $1.5 billion aggregate principal amount of 3.900% senior […]
