Weil advised leading financial institutions, as initial purchasers, in connection with Clarios Global LP’s offering of $1.2 billion 6.750% Senior Notes due 2032. The proceeds will be used to redeem certain outstanding 8.500% Senior Notes due 2027 and to pay related fees and expenses. Clarios was acquired by Brookfield, in consortium with CDPQ, through a carve-out in 2019.

The Weil deal team was led by Capital Markets Co-Head Michael Hickey. The team also included Capital Markets associates Michael Cremers, Federica Marini and Nereese Watson; Tax partner Greg Featherman and associates Dylan Lionberger and Sydnei Jones; Environmental Head Annemargaret Connolly, partner Matthew Morton and associate Caleb Holland; Regulatory Transactions partner Timothy Welch and associate Sisi Liu; Banking & Finance counsel Thomas Zimmermann and associates Hans-Christian Mick and Antonia Fichtner.