May 05, 2023
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.