Michael F Cremers

Biography

Michael F Cremers
Michael Cremers is an associate in Weil’s Capital Markets practice and is based in New York. Michael participates in advising issuers, underwriters and private equity sponsors in connection with public and private offerings of securities and other capital markets transactions. He has been involved in investment grade and high-yield debt offerings as well as primary and secondary equity offerings.

Michael has been part of the teams advising:

  • Acacia Research Corporation, as issuer, in a $150 million recapitalization of 41,151,299 shares of common stock held by Starboard Value LP
  • AMC Entertainment Holdings, Inc. in its $950 million issuance of first lien 144A / Reg S senior secured notes to refinance existing indebtedness and an up to $56 million acquisition of common shares of Hycroft Mining Corporation.
  • Arrival Ltd. in its $320 million offering of senior unsecured 144A/Reg S green convertible notes, concurrently with its $354 million follow-on offering of ordinary shares, to generate operating capital.
  • Brookfield Property REIT Inc. in a $750 million senior secured 144A notes offerings to repay borrowings under existing credit facilities.
  • Citi and other financial institutions, as dealer managers, in a debt tender offer by Lear Corporation to purchase $200 million aggregate principal amount of its outstanding senior notes due 2027, financed by Lear’s simultaneous $700 million offering of senior unsecured notes.
  • Citi, HSBC and another financial institution, as representatives of the underwriters, in a $700 million senior unsecured notes offering by Lear Corporation to refinance existing indebtedness and for general corporate purposes, including to finance Lear's acquisition of Kongsberg Automotive's Interior Comfort Systems business unit.
  • Diversified Healthcare Trust, a real estate investment trust in a $941 million offering of zero coupon senior secured notes due 2026.
  • The financial advisor to Occidental Petroleum Corp. in its pending approximately $12 billion acquisition of CrownRock LP
  • A financial institution, as representative of the underwriters, in a $1.25 billion 144A/Reg S offering of senior unsecured notes by Royal Caribbean Cruises Ltd. to repay existing indebtedness.
  • Morgan Stanley, as representative of the underwriters, in a $1 billion 144A/Reg S offering of senior unsecured notes by Royal Caribbean Cruises Ltd. to replenish capital as a result of indebtedness redemption.
  • Morgan Stanley, as representative of the underwriters, in a $650 million 144A/Reg S offering of senior unsecured notes by Royal Caribbean Cruises Ltd. to refinance existing indebtedness.
  • Softbank Group Corp. in its $550 million secondary offering of 144A/Sub S senior notes of WeWork Companies LLC.
  • Softbank Vision Fund II-2 L.P. as purchaser of senior secured notes of WeWork Companies LLC
  • Tianjin Zhonghuan Semiconductor Co., Ltd., as a major shareholder of Maxeon Solar Technologies, Ltd., in its $207 million purchase of first lien senior secured convertible notes from Maxeon.
  • Willis North America Inc. (a subsidiary of Willis Towers Watson PLC) in its $750 million senior unsecured notes offering to refinance existing indebtedness.

Prior to joining Weil, Michael was a Corporate associate at another international law firm.

Michael received his J.D. from the University of British Columbia Peter A. Allard School of Law, where he was an Oswyn John Boulton Bursary recipient, his M.M. from the UBC Sauder School of Business and his B.A. from the University of British Columbia.

Awards and Recognition, Speaking Engagements, Guides and Resources, Latest Thinking, Firm News & Announcements

Firm News & Announcements