Sitting within a wider finance capital markets group housing experts from the firm’s finance group, Debevoise & Plimpton LLP‘s capital markets team advises clients such as Morgan Stanley and J.P. Morgan Securities, in addition to other large conglomerates in varying industries. The practice shows particular credentials in SPAC and PIPE transactions on the issuer side, and advises private equity firms and their portfolio companies in every phase of a high-yield transactional life cycle, including restructuring transactions. Paul Rodel and Steven Slutzky in New York, whose practices revolve around securities offerings and related transactions, are at the helm, embodying the wider group focus on managing senior secured notes offerings and adjacent debt tenders. The team is also active in IPOs, offerings of equity, debt, and structured securities,
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Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Key clients
- Access Industries
- Alaska Air Group
- American Airlines
- American International Group, Inc.
- Antares Holdings
- Atkore, Inc.
- Barclays
- Booz Allen Hamilton
- Brand Industrial Services
- Citigroup
- Clayton, Dubilier & Rice
- Corebridge Financial, Inc.
- Cornerstone Building Brands
- Deutsche Bank AG
- Elliott Investment Management, L.P.
- Focus Financial Partners
- Fortitude Group Holdings, LLC
- Goldman Sachs
- Hawaiian Airlines
- J.P. Morgan Securities
Work highlights
Advised Clayton, Dubilier & Rice on the financing aspects in its acquisition, together with TowerBrook Capital Partners, of R1 RCM Inc. (NASDAQ: RCM) (“R1”), at an enterprise value of $8.9 billion.
Advised Windstream on its 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).
Advised Wm Morrison Supermarkets Group (“Morrisons”) in its group’s offering of £500 million 8.75% senior secured notes due 2031 and €500 million 6.75% senior secured notes due 2031.
Lawyers
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Practice head
Paul Rodel; Steven Slutzky