Your Securities Digest for September 6, 2016

September 6, 2016

SECurities Digest NewsletterStay connected to the top weekly transactions with the SECurities Digest Newsletter from Business Law Center on Westlaw. With Business Law Center, you’ll get the deal and SEC filing highlights you need delivered right to your inbox.

See below for featured transactions in each of the following categories:

  • Mergers & Acquisitions
  • Offering Summaries
  • No-Action Letters
  • SEC Comment Letters
  • International Prospectuses & 144As

Log-in to Business Law Center >

THIS WEEK’S FEATURED TRANSACTIONS:

Mergers & Acquisitions See all recent M&A >

Target Acquiror Amount Description Filing Date Deal Summary
Cynapsus Therapeutics Inc. Sunovion Pharmaceuticals Inc. $624 Million Acquisition of Canadian Cynapsus adds their Parkinson’s treatment candidate to Sunovion’s pipeline of central nervous system drugs. August 31, 2016 Deal Summary
Interactive Intelligence Group Inc. Genesys Telecommunications Laboratories Inc. $1.4 Billion Cash merger for 36% premium. Target CEO has executed Voting Agreement for his 17% stake to approve merger. August 31, 2016 Deal Summary
Aleris Corporation Zhongwang USA LLC $2.33 Billion Chinese Acquirer purchasing US aluminum producer from private equity owners Oaktree, Apollo and Bain, among others. August 29, 2016 Deal Summary

 

Offering Summaries See all recent Offering Summaries>

Issuer Security Amount Description Filing Date Offering Summary
Mammoth Energy Services, Inc. Common Stock $100 Million First IPO by an oilfield services company since 2014. September 2, 2016 Offering Summary
Fulgent Genetics, Inc. Common Stock $50 Million IPO by genetic testing provider after recent spin-off of pharmaceutical business. September 2, 2016 Offering Summary
CapStar Financial Holdings, Inc. Common Stock $46 Million$46 Million Piggyback IPO by Nashville-based bank. August 29, 2016 Offering Summary

 

International Prospectuses & 144As See all recent International Prospectuses >

Issuer Security Amount Description Filing Date Filings
The Province of Chaco 9.375% Notes $250 Million Sub-sovereign Argentine 144A and Regulation S debt offering. Proceeds will be used for refinancing existing debt, logistics and social development. August 23, 2016 Filings
The Republic of Trinidad and Tobago 4.5% Notes $1 Billion 144A / Reg S Notes issued under an indenture that contains collective action clauses. August 10, 2016 Filings
Marfrig Holdings (Europe) B.V. 8% Senior Notes $250 Million Animal protein provider Marfrig Global Foods with 144A / Regulation S offering that closely follows a similar $750 million notes offering on June 8. August 8, 2016 Filings

 

SEC Comment Letters See all recent SEC Comment Letters >

Issuer Description Filing Date Documents
Bancolombia S.A. SEC concludes review of loan write-offs and reconciliation of Colombian banking GAAP to IFRS. August 5, 2016 Documents
Liberty Property Trust Issuer provides SEC-requested disclosure regarding defaulted mortgage loan on Northern Virginia office property. August 3, 2016 Documents
Insys Therapeutics, Inc. Discussion of net revenue disclosures including claim that the “national opioid epidemic” has resulted in decrease in prescriptions for their drug Subsys. August 5, 2016 Documents

 

No-Action Letters See all recent No-Action Letters >

Issuer Rule Description Filing Date Letters
The Proctor & Gamble Company 13e-4(d)(1) Staff will not recommend enforcement action against “day 18” pricing mechanism for recent Reverse Morris Trust transaction. September 1, 2016 Letters
Acuity Brands, Inc. 14a-8(i)(7) Request to omit shareholder proposal by Stephen F. Kraus requesting a dividend increase. August 23, 2016 Letters