News & Announcements

Weil Advises the Initial Purchasers and the Lead Arrangers in Dye & Durham’s $905 Million Inaugural U.S. Debt Financings

Weil has advised the initial purchasers in connection with Dye & Durham Corporation’s upsized $555M offering of 8.625% senior secured notes due 2029, and the lead arrangers in connection with an $350M term loan facility maturing in 2031 and CAD $105M revolving credit facility. Dye & Durham Corporation is a wholly owned subsidiary of Dye & Durham Limited and this is its debut offering in the U.S. debt capital markets.

The Weil deal team was led by Capital Markets partner Michael Hickey and Banking & Finance partner Justin Lee, along with Capital Markets associates Sakshi Sharma, Chris Martin, Emma McBride and Ari Anderson; Banking & Finance partners Jessie Chiang and Reena Gogna, counsel Nick Cusack and associates Alexander Skudder, Solomon Leung, Hye-Jin Kim, Danielle Cepelewicz, Katharine Pacoli (Not Yet Admitted in NY) and Johnathan Doyle (Trainee Associate); Tax partner Greg Featherman and associate Ricardo Fernandez; Technology & IP Transactions partners Dennis Adams III and Olivia Greer and associate Tamsin Kantor; Regulatory partners Timothy Welch and Marc Schubert, counsels Hannah Laurie and Arup Sen and associate Jessica Nash; Employee Benefits and Executive Compensation partner Sarah Downie; and Environmental partner Matthew Morton.