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High-Yield and Other Debt Capital Markets

We have become one of the premier practices in the U.S., Europe and Latin America for high-yield and other debt capital markets, representing investment banks, sponsors, issuers and institutional investors. Our Capital Markets Group and its high-yield practice have been nationally recognized in Chambers USA for our “tough negotiation skills, practicality and deep industry knowledge” and US Legal 500 notes that our practice is praised by clients for “our solid team of capital markets lawyers with particular expertise in facilitating complex high-yield bond transactions with a focus on client service and responsiveness.”

Underwriter/Initial Purchaser Representations

  • Morgan Stanley in an offering of perpetual notes by Companhia Siderúrgica Nacional, one of the largest steel companies in Brazil and Latin America
  • Citigroup in the offering of subordinated notes by Banco de Crédito del Perú
  • Goldman Sachs in the offering of floating rate notes by Forbes Energy
  • Jefferies in the offering of senior secured notes by numerous issuers, including: BioScrip, Inc., Real Mex Restaurants, OnCure, Pharmanet and Ceagro
  • Jefferies, Bank of America Merrill Lynch and JPMorgan Chase in the offering of senior secured notes by Altra Holdings
  • Jefferies, Bank of America Merrill Lynch and Wells Fargo in the offering of senior secured notes by United Maritime Group
  • Jefferies and UBS in the offering of senior secured notes by Landry's Restaurants
  • Jefferies and BMO in the offering of senior notes by CPM Holdings
  • Global Hunter Securities in numerous high-yield debt offerings, including the Rule 144A offering of senior secured notes of RAAM Energy, ATP Oil, Black Elk Energy and Platinum Energy
  • Imperial Capital, LLC in the offering of senior secured notes and warrants by Jack Cooper Holdings Corp.

Issuer Representations

  • Grifols, Inc. in its offering of senior notes to finance, in part, its acquisition of Talecris Biotherapeutics
  • Icahn Enterprises in a high-yield bond offering, and a tack on bond offering
  • Celgene Corporation in the offering of three tranches of investment grade unsecured senior notes
  • Banco de Crédito del Perú in the offering of subordinated notes with Morgan Stanley as initial purchaser
  • Ares Capital Corporation in its first public offering of investment grade debt
  • Banco Votorantim SA in the 144A offering of senior unsecured notes with BB Securities, Bradesco, and UBS as joint book-running managers
  • Blaze Recycling & Metals in the offering of senior secured notes and senior subordinated notes with Jefferies as initial purchaser
  • General Nutrition Centers in the offering of senior floating rate toggle notes and senior subordinated notes with JPMorgan and Goldman Sachs as initial purchasers
  • Overseas Shipping Group in the offering of senior notes with Citigroup Global Markets, Morgan Stanley and HSBS Securities (USA) as joint book-running managers
  • Pacific Rubiales Energy Corp. in the offering of senior notes with Banc of America Securities  and Citigroup Global Markets as joint book-running managers
  • Stream Global Services in the offering of senior secured notes with Goldman Sachs, Wells Fargo, Morgan Stanley and RBC as initial purchasers
  • Suburban Propane Partners in the offering of senior notes with Bank of America Merrill Lynch and Goldman Sachs as joint book-running managers