Debt Offerings

Experience

    • 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 Corp., 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.
    • Brand Energy and Infrastructure Services, a portfolio company of Clayton, Dubilier & Rice, in its $700 million offering of senior unsecured notes in connection with the combination of Brand Energy and Safway Group.
    • Brand Energy and Infrastructure Services, a portfolio company of Clayton, Dubilier & Rice, 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.
    • High Ridge Brands, a leading personal care consumer products company and a portfolio company of Clayton, Dubilier & Rice, in its $250 million offering of 8.875% senior notes due 2025.
    • The initial purchasers in Liberty Mutual's €750 million debut Eurobond offering of 2.75% notes due 2026.
    • 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 Banking Corporation 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 & Co., 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.
    • 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 Life Insurance in its $450 million offering of 4.875% Surplus Notes due 2064.
    • International Paper in its $800 million 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.
    • 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.
    • Pernod Ricard in the issuance of €850 million 2.000% Notes due 2020.
    • Westpac Banking 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.
    • 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 Banking Corporation 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.