News & Announcements

Weil Advises the Initial Purchasers and the Lead Arrangers in Clarios’ Upsized Private Offering of Senior Secured Notes and Upsized Term Loan Facility

Weil has advised the initial purchasers in connection with Clarios Global LP’s upsized $750M offering of 6.750% senior secured notes due 2028, and the lead arrangers in connection with an upsized $2.75B term loan facility maturing in 2030. Clarios is owned by Brookfield Business Partners together with institutional partners of Brookfield Asset Management.

The Weil team was led by Banking & Finance partner Justin Lee and Capital Markets partner Michael Hickey. The team also included Banking & Finance associates Evan Nichols, Silvia Lengauer, Hans-Christian Mick, Claudia Stantzyk-Guzek and Nick Swan (Not Yet Admitted in New York); Capital Markets associates Joseph Hahn, Federica Marini and Ari Anderson (Not Yet Admitted in New York); Finance counsel Thomas Zimmermann and associate Johannes Hilpert; Environmental partner Annemargaret Connolly and counsel Matthew Morton; Executive Compensation & Benefits partner Sarah Downie; Employment Litigation associate Sahar Merchant; Tax partner Daniel Nicholas and associates Sydnei Jones and Dylan Lionberger; Technology & IP Transactions partner Olivia Greer and associates Phillip Grudzina, Catherine Kim and Sabrina Chishti (Not Yet Admitted in New York); Regulatory Transactions partner Timothy Welch; and Restructuring counsel Matthias Eiden.