Wynnchurch Capital’s $2.277 Billion Fundraising

Ropes & Gray represented Wynnchurch Capital on fundraising for Fund V. Wynnchurch Capital, L.P., a leading middle market private equity firm, executed the closing of its fifth private equity fund, Wynnchurch Capital Partners V, L.P at $2.277 billion of committed capital. The Fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in […]

Sonnedix’s $15 Million Puerto Rican Solar Energy Plants Financing

Holland & Knight represented City National Bank in the financing. City National Bank, Florida’s third largest bank, issued a $15 million loan to Sonnedix. The non-recourse loan will be used to finance Sonnedix’s solar photovoltaic (PV) plants in Puerto Rico. The transaction was announced on January 14. Sonnedix is a global independent solar power producer. […]

Incline Equity Partners’ $1.165 Billion Fundraising

Kirkland & Ellis counseled Incline Equity Partners on the closing of Incline Equity Partners V, L.P. Incline Equity Partners V, L.P. closed on $1.165 billion of capital commitments. The Fund was oversubscribed above its initial target of $850 million after just three months of marketing. Fund V’s strategy focuses on middle-market durable businesses with multiple […]

Air Lease Corporation’s $1.4 Billion Medium-Term Notes Offering

O’Melveny & Myers acted as special counsel to Air Lease Corporation. Simpson Thacher represented the underwriters in connection with the public offering. Air Lease Corporation completed the issuance of $750 million aggregate principal amount of 2.3% Medium-Term Notes, Series A, due February 1, 2025 and $650 million aggregate principal amount of 3% Medium-Term Notes, Series […]

Energy Transfer Operating’s $4.5 Billion Senior Notes Offering

Hunton Andrews Kurth LLP represented the underwriters in connection with the senior notes offering. Energy Transfer Operating announced a $4.5 billion senior notes offering comprised of $1.0 billion aggregate principal amount of 2.900% senior notes due 2025, $1.5 billion aggregate principal amount of 3.750% senior notes due 2030, and $2.0 billion aggregate principal amount of […]

McDermott International’s Chapter 11 Restructuring

Bracewell LLP represented Crédit Agricole as agent to the revolving DIP lenders in prepacked Chapter 11 restructuring transaction for McDermott International, Inc. The restructuring transaction will be financed by a debtor-in-possession (DIP) financing facility of $2.81 billion. Subject to court approval, McDermott expects the DIP financing, combined with cash generated by McDermott, to enable the […]

Embotelladora Andina’s $300 Million International Bond Offering

Simpson Thacher advised Embotelladora Andina S.A. in the offering. Embotelladora Andina S.A. (“Andina”) completed the offering of US$300 million aggregate principal amount of 3.95% senior notes due 2050. The notes were offered and sold in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. Andina intends to use the proceeds […]

Danfoss’ $3.3 Billion Acquisition of Eaton’s Hydraulics Business

Winston & Strawn LLP represented Danfoss in the transaction. Danfoss executed the acquisition of Eaton’s Hydraulics business for a cash purchase price of $3.3 billion USD (approximately 3.0 billion EUR). The Danfoss and Eaton Hydraulics businesses are leaders in the industry and have many organizational similarities, including company culture and a focus on customers, R&D […]