Experience

Our commercially savvy lawyers regularly lead strategic transactions and complex disputes for clients in a variety of industries and regions. We’ve included a small selection of matters for your convenience.
Practice
Industry
Region

Windstream Holdings, a privately held fiber and cloud based communications provider, in the issuance of $800 million Senior First Lien Notes and the incurrence of a $500 million new term loan facility to refinance a portion of its outstanding indebtedness and a separate consent solicitation to modify certain terms of its $1.4 billion outstanding Senior First Lien Notes in anticipation of its proposed merger with Uniti Group.

Debevoise & Plimpton LLP has advised Windstream in connection with the issuance of $800 million Senior First Lien Notes and the incurrence of a $500 million new term loan facility to refinance a portion of its outstanding indebtedness and a separate consent solicitation to modify certain terms of its $1.4 billion outstanding Senior First Lien Notes in anticipation of its proposed merger with Uniti Group (NASDAQ: UNIT). Read More>

PetSafe Brands, a Clayton, Dubilier & Rice portfolio company, in the $925 million refinancing of existing debt facilities.

Debevoise & Plimpton LLP has advised PetSafe Brands, a portfolio company of Clayton, Dubilier & Rice, in connection with the $925 million refinancing of existing debt facilities, which included an offering of $775 million 9.500% senior secured notes due 2029 and an amendment to maturity of $150 million asset-based lending credit facility. The proceeds from the 9.500% senior secured notes due 2029 were used to redeem $700 million in aggregate principal amount of 6.500% senior secured notes due 2025 and payoff and termination of approximately $73 million of term loans. Read More>

AIA Group in its $1.25 billion offering of subordinated securities, consisting of $500 million of 4.950% subordinated dated securities due 2035 and $750 million of 5.400% subordinated dated securities due 2054.

Debevoise & Plimpton LLP has advised AIA Group Limited (“AIA”) in its $1.25 billion offering of subordinated securities, consisting of $500 million of 4.950% subordinated dated securities due 2035 and $750 million of 5.400% subordinated dated securities due 2054. The offering was conducted under AIA’s $16 billion Global Medium Term Note and Securities Programme. The securities are expected to qualify as “Tier 2” group capital under the Hong Kong Insurance (Group Capital) Rules. Read More>

LGT Capital Partners in the formation of Crown Global Secondaries VI, a $7 billion+ private equity secondaries fund.

Debevoise & Plimpton LLP has advised LGT Capital Partners in the final close of its flagship secondaries fund, Crown Global Secondaries VI (“CGS VI”), at more than $7 billion, exceeding the original target size of $6 billion. Read More>

S&S Activewear, a Clayton, Dubilier & Rice portfolio company, in its acquisition of alphabroder, including a financing of $1.175 billion, consisting of a $600 million senior secured notes offering, $575 million pari senior first lien secured term loans and an upsize to the ABL credit agreement to a total $800 million facility.

Debevoise & Plimpton LLP has advised S&S Activewear, a portfolio company of Clayton, Dubilier & Rice, in connection with its acquisition of alphabroder. S&S Activewear undertook a financing of $1.175 billion, consisting of a $600 million senior secured notes offering, $575 million pari senior first lien secured term loans and an upsize to the ABL credit agreement to a total $800 million facility. Read More>