Experience

• Clean Tech | Renewable Energy

• • AIA Group in its $1 billion offering of 5.375% subordinated dated securities due 2034.
  • Artera Services and Clayton, Dubilier & Rice in the $2 billion comprehensive refinancing for Artera.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in its offering of $450 million aggregate principal amount of 6.500% senior notes due 2029.
  • B&M in the offering of £250 million of 8.125% senior secured notes due 2030, as well as the concurrent tender offer of a portion of its existing 3.625% senior secured notes due 2025.
  • Corebridge Financial, a majority owned subsidiary of American International Group, in its offering of $500 million aggregate principal amount of 6.050% senior notes due 2033.
  • Rexel in the placement of €400 million of 5.250% unsecured senior sustainability-linked notes due 2030.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in its offering of $400 million aggregate principal amount of 7.950% senior notes due 2028.
  • Booz Allen Hamilton in its inaugural investment grade notes offering, consisting of $650 million aggregate principal amount of 5.950% Senior Notes due 2033.
  • Morgan Stanley, Barclays, HSBC and Wells Fargo Securities, as representatives of the underwriters, in the public offering of $750 million aggregate principal amount of Tier 3 5.750% Senior Notes by RenaissanceRe due 2033.
  • AIA Group in its $600 million offering of 4.95% notes, due 2033.
  • Principal Financial Group in the offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2033 and $300 million aggregate principal amount of 5.500% Senior Notes due 2053.
  • Warner Bros. Discovery in the offering of $1.5 billion aggregate principal amount of 6.412% Senior Notes due 2026 by WarnerMedia Holdings.
  • Spirit Airlines in its $600 million secured notes offering, backed by assets and intellectual property of Spirit’s Free Spirit and Spirit Saver$ Club programs.
  • Corebridge Financial, a majority-owned subsidiary of American International Group, in its offering of $1.0 billion of 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes offering due 2052.
  • Corebridge Financial, a majority-owned subsidiary of American International Group, in its $6.5 billion offering of senior unsecured notes in relation to the separation of American International Group’s Life & Retirement business. At the time of announcement, this transaction was reported to be the largest-ever debt offering by an insurance company.
  • Manulife in its $750 million U.S. offering of 3.703% senior “green” notes due 2032.
  • Discovery, Inc. in the offering of $30 billion of senior unsecured notes in the acquisition of WarnerMedia.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in its offering of $550 million aggregate principal amount of 3.750% notes due 2027.
  • Warner Music Group in its private offering of $540 million senior secured notes.
  • PJSC Polyus in its $700 million Eurobond offering of 3.25% notes due 2028 and a related tender offer for outstanding notes due 2023 and 2024 for the aggregate principal amount of $605.3 million.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in its offering of $500 million aggregate principal amount of 2.750% notes due 2027.
  • Warner Music Group in its private offering of €445 million euro-denominated senior secured notes.
  • The underwriters in the $500 million public offering of depository shares by RenaissanceRe.
  • The underwriters in the offering and sale of $750 million fixed-to-fixed rate subordinated debentures due 2051 by Global Atlantic.
  • Ambac in the issuance and sale by Sitka Holdings, its newly formed special purpose entity, of its $1.175 billion aggregate principal amount of LIBOR plus 4.50% Floating Rate Senior Secured Notes due 2026.
  • The initial purchasers in the offering and sale of $650 million 3.125% senior notes due 2031 by Global Atlantic Financial Group.
  • NLMK in its €500 million Eurobond offering of 1.45% notes due 2026 and a related tender offer for outstanding notes due 2023 and 2024 for the aggregate principal amount of $470.6 million.
  • Spirit Airlines in its $500 million aggregate principal amount of new convertible notes offering 1.00% convertible senior notes due 2026, $146.8 million repurchase of its existing 4.75% existing convertible senior notes due 2025 and redemption of $340 million of its existing 8.00% senior secured notes due 2025.
  • White Cap Parent in the offer and sale of $300 million of 8.25%/9.00% Senior PIK toggle notes due 2026 to fund a dividend payment to the company's equity holders.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in the offer and sale of $500 million aggregate principal amount of 3.950% notes due 2026.
  • BNY Mellon in its role as the depositary bank in Ignitis grupė’s €450 million offering, and listing on the London Stock Exchange. The listing was named by CEE Legal Matters among its 2020 Deals of the Year.
  • JetBlue in its $808 million 2020-1 EETC offering and $116 million 2019-1B EETC offering.
  • Cornerstone Building Brands in the pricing of its $500 million offering of 6.125% unsecured senior notes due 2029.
  • Alaska Airlines and Horizon Air Industries in their $1.17 billion inaugural EETC offering.
  • PowerTeam Services, a Clayton, Dubilier & Rice portfolio company, in the financing aspects of its purchase of Miller Pipeline and Minnesota Limited for $850 million in cash.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in the placement of $215 million of senior unsecured notes.
  • AIA Group in its $1.75 billion offering of 3.2% subordinated fixed rate securities, due in 2040. The offering was named “Bond Deal of the Year” by FinanceAsia in its annual Achievement Awards.
  • The managers in an offering by Liberty Mutual (the "Company") of €500 million aggregate principal amount of 3.625% Series D Junior Subordinated Notes due 2059 (the "Notes"), which were structured as Euro-denominated hybrid securities. Net proceeds from the Notes were used to repay the outstanding amounts of the Company's Series B Junior Subordinated Notes and for general corporate purposes, including repurchases of the Company's Series A Junior Subordinated Notes pursuant to a tender offer.
  • Carlyle in the financing aspects of its $1.8 billion acquisition, with T&D Holdings, of a majority interest in Fortitude Re.
  • Globo Comunicação e Participações S.A. in a 144A/Reg S offering of $500 million of its 4.875% senior unsecured notes due 2030.
  • Clayton, Dubilier & Rice in its proposed $4 billion take private acquisition of Anixter International, a NYSE-listed company. (Terminated)
  • InterXion in the financing aspects of its combination with Digital Realty, valuing InterXion at $8.4 billion.
  • Prudential Financial in its $2.35 billion acquisition of Assurance IQ.
  • Rexel in its €600 million offering of 2.750% notes due 2026.
  • Delta Air Lines in its $500 million offering of enhanced equipment trust certificates (“EETC”) secured by two Airbus A220-100 aircraft, six Airbus A321-200 aircraft, four Boeing 737-900ER aircraft and two Airbus A350-900 aircraft, in two non-amortizing tranches, the first EETC offering by a major U.S. airline to include Airbus A220 aircraft as collateral.
  • Rexel in its €500 million offering of 2.125% notes due 2025.
  • AIA Group in its $500 million offering of 3.90% notes due 2028.
  • Ambac Assurance Corporation, a Wisconsin domiciled insurance company, in a holistic restructuring transaction that involved three exchange offers of existing debt securities and other payment obligations for approximately $2.2 billion of newly issued debt securities, as well as a new-money financing collateralized by the future proceeds of certain litigation claims against RMBS originators.
  • NLMK in its $500 million Eurobond offering of 4% notes due 2024, and a related tender offer for outstanding notes due 2018 and 2019 for the aggregate principal amount of $317 million.
  • AIA Group in its $500 million offering in Taiwan of 4.47% senior unsecured fixed rate notes due 2047.
  • Brand Energy and Infrastructure Services, a Clayton, Dubilier & Rice portfolio company, in its $700 million offering of senior unsecured notes in connection with the combination of Brand Energy and Safway Group.
  • Clayton, Dubilier & Rice in its $2.5 billion acquisition of HD Supply’s Waterworks Division, the largest distributor of waterworks products in the United States.
  • Brand Energy and Infrastructure Services, a Clayton, Dubilier & Rice portfolio company, in its $3.325 billion secured credit facility and $700 million offering of senior unsecured notes in connection with the combination of Brand Energy and Safway Group.
  • Nornickel in its $1 billion Eurobond offering of 4.10% notes due 2023.
  • Rexel in its €300 million offering of 2.625% senior notes due 2024.
  • High Ridge Brands, a leading personal care consumer products company and a Clayton, Dubilier & Rice portfolio company, in its $250 million offering of 8.875% senior notes due 2025.
  • Polyus Gold International in its $800 million Eurobond offering of 5.25% guaranteed notes due 2023.
  • B&M in its £250 million bond offering of 4.125% senior secured notes due 2022, and its related refinancing of certain of its existing senior credit facilities.
  • AXA Equitable Holdings in the offer and sale of $862.5 million of mandatorily exchangeable securities.
  • Principal Financial Group in the offer and sale of $400 million P-Caps of High Street Funding Trust I Redeemable 2028.
  • Warner Music Group in a two–part refinancing transaction, including its offer and sale of $250 million 4.875% dollar-denominated senior secured notes due 2024 and an offering of €345 million 4.125% euro-denominated senior secured notes due 2024 and the retirement of $450 million of outstanding dollar-denominated senior notes and €157 million of euro-denominated senior notes.
  • PartnerRe in its €750 million debut Eurobond offering of 1.25% notes due 2026.
  • Reynolds Group Holdings in the issuance of $2.1 billion senior secured fixed and floating rate notes and $800 million senior notes.
  • Rexel in its €650 million offering of 3.5% senior notes due 2023.
  • Verizon Communications in its $49 billion bond offering, the largest ever corporate bond issue, as well as over $10 billion in additional debt financing to finance, in part, Verizon’s acquisition of Vodafone Group Plc’s 45% indirect ownership interest in Verizon Wireless.
  • Westpac in its $1 billion offering of covered bonds and $3.75 billion offerings of fixed rate notes due 2018 and floating rate notes due 2020.
  • Goldman Sachs, BofA Merrill Lynch, Citigroup, J.P. Morgan and Morgan Stanley as bookrunners in MetLife’s offering of 1,500,000 shares of its 5.250% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C, valued at $1.5 billion.
  • Spirit Airlines in its $576.6 million offering of EETCs secured by 15 Airbus aircraft, which was Spirit Airlines’ inaugural EETC offering.
  • Stone Point Capital in a $1.34 billion senior secured term loan facility, $200 million senior secured revolving credit facility and $535 million offering of senior notes in connection with Stone Point’s significant equity investment in Alliant Insurance Services.
  • Principal Financial Group in its concurrent $400 million offering of 3.400% senior notes due 2025 and $400 million offering of 4.700% fixed-to-floating rate junior subordinated notes due 2055.
  • American International Group in a registered secondary offering of $3.4 billion of AerCap Holdings N.V. ordinary shares and a private sale of $750 million of AerCap Holdings N.V. ordinary shares to AerCap Holdings N.V. for $250 million in cash and $500 million of 6.50% fixed-to-floating rate junior subordinated notes issued by AerCap Global Aviation Trust.
  • Barclays, BofA Merrill Lynch, Credit Suisse and UBS Investment Bank as bookrunners in MetLife’s offering of $500 million of 3.000% senior notes due 2025 and $1.0 billion of 4.050% senior notes due 2045.
  • The initial purchasers in Liberty Mutual's €750 million debut Eurobond offering of 2.75% notes due 2026.
  • Morgan Stanley and Barclays as lead underwriters in the $300 million offering of 3.700% senior notes due 2025 issued by RenaissanceRe Finance and guaranteed by RenaissanceRe Holdings Ltd.
  • AIA Group in its offering of $750 million of 3.20% senior notes due 2025, listed on the Hong Kong Stock Exchange.
  • Guardian in its $450 million offering of 4.875% Surplus Notes due 2064.
  • BofA Merrill Lynch, Barclays, Deutsche Bank Securities, J.P. Morgan and Morgan Stanley as bookrunners in MetLife's issuance of $1 billion of 3.600% senior notes due 2024.
  • TIAA Asset Management, a subsidiary of TIAA, in its offering of $1.0 billion of 2.950% senior notes due 2019 and $1.0 billion of 4.125% senior notes due 2024. The notes financed in part the redemption of the pre-acquisition debt of Nuveen Investments.
  • TIAA in its offering of $1.65 billion of 4.900% surplus notes due 2044 and $350 million of 4.375% fixed-to-floating rate surplus notes due 2054. The surplus notes financed in part TIAA’s acquisition of Nuveen Investments.
  • International Paper in its $800 million offering of its 3.65% notes due 2024 and $800 million of its 4.80% notes due 2044, which were sold pursuant to an effective registration statement on Form S-3.
  • Pernod Ricard in the issuance of €850 million 2.000% Notes due 2020.
  • Westpac in its offering of $1.25 billion of 2.25% notes due 2019 and $250 million of floating rate notes due 2019.
  • American Airlines in its offerings of $512 million of class B pass through certificates, series 2013-2, $1.4 billion of class A enhanced equipment trust certificates series 2013-2 and $663.4 million of class A and class B enhanced equipment trust certificates series 2013-1.
  • Westpac Banking Corporation in its offering of $1.25 billion of floating rate notes due 2016 and $500 million of 1.050% notes due 2016.
  • Principal Financial Group in the offer and sale of $300 million of 4.300% senior notes due November 2046.
  • International Paper in the offer and sale of its $750 million commercial paper program.
  • Barclays, Goldman Sachs & Co., UBS Investment Bank and Wells Fargo Securities in the $1.0 billion offering of 4.875% senior notes due 2024 by an insurance company.
  • Polyus Gold International in its listing of $750 million 5.625% notes due 2020 on the London Stock Exchange.
  • Alstom in its €500 million offering of 3.00% bonds due 2019 under its EMTN program.
  • CLSA as placing agent for HK$1.2 billion of Zero Coupon Convertible Bonds issued by Paul Y. Engineering Group Limited, a Hong Kong Stock Exchange listed company, and the concurrent placement of HK$2.0 billion of shares of Paul Y. Engineering Group Limited.
  • Westpac in its $500 million offering of floating covered bonds due 2015, $1.5 billion offering of 1.375% floating covered bonds due 2015 and $1 billion of 2.45% global covered bonds due 2016, under its $20 billion Global Covered Bond Program.
  • Itaú Unibanco in its $1.375 billion offering of 5.5% subordinated notes due 2022 and $1.250 billion offering of 5.65% subordinated notes due 2022 under its $10 billion global medium-term note program.
  • International Paper in its $900 million offering of 4.75% notes due 2022 and in its $600 million of 6.00% notes due 2041.
  • Morgan Stanley, BofA Merrill Lynch, UBS Investment Bank and HSBC as joint book-runners in Cigna Corporation’s $600 million offering of 2.750% senior notes due 2016, $750 million of 4.000% senior notes due 2022 and $750 million of 5.375% senior notes due 2042.
  • iPayment Holdings in its $400 million offering of 10.25% senior notes due 2018.
  • Banc Of America Securities, Merrill Lynch, Credit Suisse, Deutsche Bank Securities, HSBC, UBS Investment Bank and Wells Fargo Securities as book-running managers in MetLife's $1.0 billion offering of 2.375% senior notes due 2014, $1.0 billion offering of 4.750% senior notes due 2021, $750 million offering of 5.875% senior notes due 2041 and $250 million offering of floating rate senior notes due 2013.
  • Principal Financial Group in its $100 million offering of 6.05% senior notes due 2036.
  • Rexel in its €500 million offering of 3.250% senior notes due 2022.