Beacon Roofing Supply’s $346 Million Registered Common Stock Offering


Cravath represented the underwriters, led by Citigroup, Wells Fargo Securities, Bank of America Merrill Lynch, RBC Capital Markets and SunTrust Robinson Humphrey, in connection with the $346 million registered common stock offering of Beacon Roofing Supply, Inc.

Beacon Roofing Supply, Inc. is the second largest distributor of residential and non-residential roofing materials in the United States at the time of the offering. The shares were listed on the NASDAQ Global Select Market. Proceeds of the offering will be used to finance the acquisition of Allied Building Products Corp. by Beacon Roofing Supply.

The Cravath team included partner Stephen L. Burns (Picture) and associates Andrew M. Wark and Eliza S. Marshall on securities matters, and associates Tara L. Rhoades and Andrew L. Mandelbaum on tax matters. Ana Drmanovic also worked on securities matters.

Involved fees earner: Stephen L. Burns – Cravath Swaine & Moore; Andrew Wark – Cravath Swaine & Moore; Eliza Marshall – Cravath Swaine & Moore; Tara Rhoades – Cravath Swaine & Moore; Andrew Mandelbaum – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Bank of America Merrill Lynch; Citigroup Inc.; RBC Capital Markets; Wells Fargo; SunTrust Robinson Humphrey, Inc.;

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Author: Ambrogio Visconti