Michael Hickey is a partner in Weil’s Capital Markets practice and is based in New York. Mr. Hickey focuses on advising financial institutions on leveraged finance matters, and more generally advises underwriters and issuers in connection with public and private securities offerings, including initial public offerings, high yield and investment grade debt offerings and tender and exchange offers.
Prior to joining Weil, Mr. Hickey was a Managing Director and Head of the Leveraged Finance Legal Team at Goldman Sachs, where he was responsible for the leveraged finance, middle market financing, restructuring, and bank debt portfolio groups. While at Goldman Sachs, he worked on a broad array of global financing matters with various private equity sponsors and corporate clients, including domestic and cross-border acquisition financings, dividend recapitalizations, leveraged spin transactions, working capital facilities, repricings, bond and loan exchanges, debtor-in-possession financings, bankruptcy exit facilities, structured finance transactions, and emerging markets financing transactions. He also served as counsel to various firm committees and bodies, including the Credit Markets Capital Committee and Staple Working Group.
- Morgan Stanley and the other managers in a $6.25 billion Rule 144A private offering of senior unsecured notes by Nutrition & Biosciences, Inc. (N&B) to finance in part its pending merger with International Flavors & Fragrances Inc., following N&B's spin-off by DuPont.
- J.P. Morgan, as representative of the underwriters, in a $3 billion offering of senior unsecured notes by Occidental Petroleum Corporation (OXY) and OXY's simultaneous $3 billion tender offer for, and consent solicitations relating to, certain outstanding fixed and floating rate notes of multiple series.
- Citi, as representative of the underwriters, in a $2 billion offering of senior unsecured notes by Occidental Petroleum Corporation (OXY), and OXY's simultaneous $2 billion tender offer for, and consent solicitations relating to, certain outstanding fixed and floating rate notes of multiple series.
- Goldman Sachs, as first and second lien administrative agent and a lead arranger, in $2.2 billion first and second lien committed financing to support the pending $4.2 billion acquisition of Duff & Phelps LLC by an investor consortium led by Stone Point Capital and Further Global.
- Citi, another major financial institution and the other dealer managers in offers aggregating $11.9 billion to exchange certain newly issued senior unsecured debt securities of Occidental Petroleum Corporation for any and all of certain outstanding debt securities of Anadarko Petroleum Corporation.
- Brookfield Asset Management Inc. in its approximately $4.8 billion acquisition of a 61.2% stake in Oaktree Capital Group, LLC.
- Goldman Sachs in a $9 billion bridge facility to support the spin-off by Twenty-First Century Fox, Inc. to its shareholders of a new “Fox,” an entity comprising highly-rated news, sports and broadcast businesses, as part of a series of transactions that also included the combination of the rest of the Twenty-First Century Fox businesses with The Walt Disney Company.
- Goldman Sachs, as agent, in $9 billion bridge and term loan facilities to support the $10.9 billion acquisition by Conagra Brands, Inc. of Pinnacle Foods Inc.
- Citi, as administrative agent, in an amended and upsized $1.9 billion asset-based revolving credit facility for Tenet Healthcare Corporation to temporarily increase aggregate credit commitments.
- Goldman Sachs and the other managers in a $1.5 billion Rule 144A private offering of senior unsecured notes guaranteed by Great-West Lifeco Inc., to finance in part the acquisition by its subsidiary, Empower Retirement, of the retirement services business of Massachusetts Mutual Life Insurance Company.
- Goldman Sachs, as a joint lead arranger, in $875 million senior secured facilities for ProQuest LLC (a portfolio company of CIG, Atairos Management and Broad Street Principal Investments) to refinance existing indebtedness.
- Goldman Sachs and certain other initial purchasers of $770 million second lien floating rate notes of Sotera Health LLC (a portfolio company of Warburg Pincus) to refinance existing indebtedness.
- Morgan Stanley and the other managers in a $500 million Rule 144A private offering of senior unsecured notes by Great-West Lifeco Inc. to finance in part the $1 billion acquisition of Personal Capital Corporation by its subsidiary, Empower Retirement LLC.
- Goldman Sachs, as administrative agent, collateral agent and lead arranger, in a senior secured multi-draw term facility for REVA Medical, Inc.
- Goldman Sachs, as lead arranger and bookrunner, in a $325 million senior secured term exit facility for Premier Brands Group Holdings LLC (f/k/a Nine West Holdings, Inc.) to finance operations upon its exit from bankruptcy proceedings.
- The lead arrangers in $125 million asset-based revolving, $440 million first lien term and $275 million bridge facilities to finance One Rock Capital's approximately $932 million take-private of Innophos Holdings, Inc.
- Cannae Holdings, Inc. in its $474 million follow-on offering of 11 million common shares primarily to fund future acquisitions.
- Goldman Sachs, as agent, in $240 million senior secured term and $35 million ABL multicurrency revolving facilities to finance Palladium Equity Partners' acquisition of Kymera International.
- Goldman Sachs, as lender alongside UBS, in $150 million of committed financing for the acquisition by Duff & Phelps LLC (a portfolio company of Permira) of Prime Clerk LLC.
- Highbridge, as lead investor, in an $82 million high-yield offering by Senseonics Holdings, Inc. of convertible notes and an associated consent solicitation.
- Highbridge, as lender and holder, in an up to $20 million first lien term loan for Senseonics Holdings, Inc., simultaneously with an exchange by Senseonics of outstanding senior convertible notes for second lien secured notes, shares of common stock and warrants, to provide working capital.
- Highbridge, as holder and lender, in a $24 million exchange of outstanding senior convertible notes for second lien secured notes, shares of common stock and warrants by Senseonics Holdings, Inc., simultaneously with an up to $20 million first lien term loan, to provide working capital.
- J.P. Morgan, Citi and another major financial institution, as representatives of the underwriters, in the $2.375 billion offering of senior unsecured notes by Hasbro, Inc. to finance in part its approximately $4 billion acquisition of Entertainment One Ltd.
- Morgan Stanley and Credit Suisse in $7.5 billion committed bridge financing to support the pending merger of International Flavors & Fragrances Inc. with the Nutrition & Biosciences (N&B) Business of DuPont in a deal that values the combined company at $45 billion on an enterprise value basis.
Mr. Hickey is recognized as a “Notable Practitioner” for Capital Markets: Debt, Equity and High-Yield Debt in the U.S. by IFLR1000 and is recommended for Capital Markets: Debt by Legal 500 US.
Mr. Hickey received his J.D., magna cum laude, from Notre Dame Law School, and his M.B.A., magna cum laude, from the Mendoza College of Business at the University of Notre Dame in 1999. He received his B.A. in Philosophy from Georgetown University in 1995, where he graduated magna cum laude and was elected to Phi Beta Kappa.