Insights Archive

Firm News April 10, 2025

Gibson Dunn Represented Five Dealer Managers in $450 Million Cash Tender Offer by Vale Overseas Limited

Gibson Dunn represented BMO Capital Markets, BofA Securities, Credit Agricole Securities (USA), HSBC Securities (USA), and J.P. Morgan Securities as dealer managers in connection with the tender offer by Vale Overseas Limited to purchase for cash Vale Overseas outstanding 8.250% Guaranteed Notes due 2034, 6.875% Guaranteed Notes due 2039, and 6.875% Guaranteed Notes due 2036.

Firm News February 27, 2025

Gibson Dunn Advises Underwriters on $750 Million Registered Note Offering by Vale Overseas Limited and Vale S.A.

Gibson Dunn advised BMO Capital Markets Corp., BofA Securities, Inc., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC, as global coordinators and joint bookrunners, and Morgan Stanley & Co. LLC and Santander US Capital Markets LLC, as joint bookrunners, in an additional $750 million registered note offering by Vale Overseas Limited and Vale S.A.

Article December 6, 2022

Parsing SEC’s Rule Extension For Fixed-Income Issuers

New York partner J. Alan Bannister, Houston partner Hillary Holmes and Orange County partner James Moloney are the authors of "Parsing SEC's Rule Extension For Fixed-Income Issuers" [PDF] published by Law360 on December 5, 2022.

Client Alert December 1, 2022

SEC Extends Phased-in Approach for Application of Rule 15c2-11 for Certain Fixed Income Securities, Including Most Notably Securities Being Sold Pursuant to Resales under Rule 144A

Our lawyers write that the SEC recently delayed the application of Phase 2 of Exchange Act Rule 15c2-11, which affects trading in securities offered by non-reporting issuers in Rule 144A offerings.

Client Alert November 21, 2022

Recent SEC Interpretation of Exchange Act Rule 15c2-11 May Pressure Private Issuers of Fixed Income Securities to Publicly Disclose Financial Information

Our lawyers discuss a recent SEC interpretation of Exchange Act Rule 15c2-11, which could impact the liquidity of issuers of fixed income securities.

Client Alert February 14, 2022

SEC Proposes Rule Changes to Shorten the Security Settlement Cycle to T+1 by March 31, 2024

Our lawyers discuss a new rule proposed by the Securities and Exchange Commission which would shorten the security settlement cycle from two business days after the trade date to one business day after the trade date.

Client Alert January 8, 2021

Open Questions Remain after SEC Approves Primary Direct Listings on the NYSE

Direct listings have emerged as one of the new innovative pathways to the U.S. public capital markets, thought to be ideal for entrepreneurial companies with a well-recognized brand name or easily understood business model.