James Hardie Industries’ €400 Million Notes Offering

DLA Piper represented James Hardie Industries, a global manufacturer and marketer of fiber cement products, in its €400 million debut euro bond offering.

The sole physical bookrunner in the offering is HSBC and the bookrunning managers are Bank of America Merrill Lynch, Wells Fargo, Commonwealth Bank of Australia and US Bancorp. The transaction closed on October 4, 2018. Proceeds from the offering will be used to repay the bridge loan that supports the company’s recent acquisition of Fermacell, a fiber gypsum board manufacturer. DLA Piper had previously represented the company in the Fermacell acquisition.

The DLA Piper team was led by partners Andrew Weil (Picture) and Jamie Knox (New York) and associate Jesse Kirsch (New York); and included partners Marjorie Adams (New York), Rita Patel (Washington, DC) and Kelly Lovegrove (London); and associates Eric Rubin and Witold Jurewicz (both of New York), and Brittany McCants (Washington, DC).

Involved fees earner: Andrew Weil – DLA Piper; Jamie Knox – DLA Piper; Jesse Kirsch – DLA Piper; Marjorie Sybul Adams – DLA Piper; Eric Rubin – DLA Piper; Rita Patel – DLA Piper; Brittany Ann McCants – DLA Piper; Kelly Lovegrove – DLA Piper; Witold Jurewicz – DLA Piper;

Law Firms: DLA Piper;

Clients: James Hardie Industries PLC;

Author: Ambrogio Visconti