Simpson Thacher on Google; Six firms help Osprey buy AWG; Largest-ever Mexican bank issuance

November 01, 2006


Equity capital markets

Four firms were brought on board to help Greek shipping company Danaos list on the New York Stock Exchange. Danaos, which is based in Piraeus and owns a fleet of container ships, raised $215 million through the initial public offering (IPO). Stephen Farrell of Morgan Lewis & Bockius was the issuer's lead US counsel, with White & Case offering tax advice and specialist shipping firm Watson Farley & Williams advising on matters relating to Marshall Islands and Liberian tax and law. John Gaffney of Cravath Swaine & Moore acted for the underwriters, Citigroup and Merrill Lynch.

Davis Polk & Wardwell and Heller Ehrman were outside counsel as SAIC raised more than $1.1 billion in its flotation on the New York Stock Exchange. SAIC was created in 2005 specifically to act as a vehicle for the IPO of its parent company, Science Applications International Corporation, an employee-owned government...



These so-called experts will be conservative in their approvals

A Korean in-house on the chances of the pre-approval committee allowing new OTC products

Web seminars

US and EU hybrid capital
February 3 2010
The future of hybrids, in a popular discussion between IFLR, Morrison & Foerster and Calyon

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March 2010

Basel III: The revenge of Basel
New Basel rules are affecting everyone differently. In the UK banks are worried about grandfathering, in Germany the headache is hybrids and in the US it's risk structures. Meanwhile Japan has some tips and Hong Kong structured its first hybrid [more]