Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 21-02-2013 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Citigroup Purchase of Best Buy-Branded Cards Portfolio | Industry: | Financial Services |
| Description: |
The Firm is representing Best Buy Co., Inc. (NYSE: BBY) in connection with the announced agreement by Citigroup to purchase from Capital One Financial Corporation (NYSE: COF) and issue and manage for Best Buy the $7 billion portfolio of Best Buy-branded private label and co-branded credit cards in the United States. The transaction is subject to customary conditions.
The Simpson Thacher team includes Maripat Alpuche and Matt Rogers.
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| Financial Center: | New York | Value: | 5000.01-10000.00 |
| Advised Party: | Vendor | Law Firm | Simpson Thacher |
| Assets | United States | Acquiror | United States |
| Classification: |
Loan and Portfolio Sales Credit Card Portfolio Sales |
Lawyer | Maripat Alpuche |
