|
| Glen Scarcliffe, Cleary
Gottlieb |
Cleary Gottlieb Steen & Hamilton has acted for Finnish
company Neste Chemicals on the latest step of its proposed
acquisition of Norway's Dyno. In the most recent deal, Neste raised
euro 240 million ($215 million) in a high-yield debt issue to help
fund the acquisition.
The senior notes are listed on the Luxembourg Stock Exchange and
will clear through Clearstream and Euroclear. The notes were
offered privately, in offshore transactions under Regulation S and
to qualified institutional investors in the US. Cleary Gottlieb
partner Glen Scarcliffe, who is leading his firm's team advising
Neste, says the decision to...