Despite Declining Demand, DC Law Firms Still See ‘Strong’ Revenue Growth

According to Citi’s first-half survey, D.C. law firms are facing demand challenges as the new administration affects the pipelines for investigations, compliance, and regulatory work. Despite this, D.C. businesses saw double-digit revenue growth because they gently increased their workforce and effectively managed their expenses. Firms in D.C. say they have a positive view for the…

Read More

Bracewell Represents Masdar-led Consortium on Financial Closing of Approximately $1.1 Billion 2-GW Solar IPP in Saudi Arabia

Bracewell (UK) LLP acted for the consortium comprising Abu Dhabi Future Energy Company (Masdar), Korea Electric Power Corporation (KEPCO) and GD Power in relation to the successful bid, development, financing and shareholder arrangements in relation to the 2-GW Al Sadawi solar PV project in the Kingdom of Saudi Arabia.

Read More

NXP $1.5 billion senior notes offering

Davis Polk represented the joint bookrunners and representatives of the several underwriters in an SEC-registered public debt offering by NXP B.V., NXP Funding LLC and NXP USA, Inc. of $500 million principal amount of 4.300% senior notes due 2028, $300 million principal amount of 4.850% senior notes due 2032 and $700 million principal amount of…

Read More

Eli Lilly $6.75 billion notes offering

Davis Polk represented the joint book-running managers and representatives of the several underwriters in a registered offering by Eli Lilly and Company of $6.75 billion aggregate principal amount of senior notes, consisting of $750 million of its Floating Rate Notes due 2028, $1 billion of its 4.000% notes due 2028, $750 million of its 4.250%…

Read More

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering of $700 million aggregate principal amount of 6.125% senior notes due 2033 by Match Group Holdings II, LLC, an indirect wholly owned subsidiary of Match Group

Davis Polk represented the initial purchasers in regard to a Rule 144A / Regulation S offering of $700 million aggregate principal amount of 6.125% senior notes due 2033 by Match Group Holdings II, LLC, an indirect wholly owned subsidiary of Match Group, Inc.

Read More

Ashurst advises global financial trade associations on landmark DLT Capital Markets Report

Ashurst represented a consortium of global financial trade associations, including GFMA, ASIFMA, SIFMA, AFME, FIA, IIF, ISDA, FSF, BPI, GBBC, and GDF in regard to the release of their comprehensive Distributed Ledger Technology (DLT) report, “The Impact of DLT in Capital Markets.” The law firm also assisted with the accompanying letter to the Basel Committee…

Read More