JPW’s $60 Million High-Yield Senior Secured Notes Offering


Cravath represented the initial purchaser, Goldman Sachs & Co. LLC, in connection with the $60 million 144A/Reg. S high-yield senior secured notes offering of JPW Industries Holding Corporation.

JPW Industries Holding Corporation is a designer, manufacturer, marketer and value-added distributor of proprietary branded specialty shop tools and equipment. Proceeds of the offering were used to finance the acquisition of Baileigh.

The Cravath team included partner Bill Whelan (Picture) and associates Virginie Marier, Shawn M. Quinn, Eugene Kim and Samyel Lee on securities matters, and associates Peter W. Rogers and Joyce Y. Kim on tax matters.

Involved fees earner: Eugene Kim – Cravath Swaine & Moore; Joyce Kim – Cravath Swaine & Moore; Samyel Lee – Cravath Swaine & Moore; Virginie Marier – Cravath Swaine & Moore; Shawn Quinn – Cravath Swaine & Moore; Peter Rogers – Cravath Swaine & Moore; William Whelan – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Goldman Sachs & Co.;

Author: Ambrogio Visconti