Michael Stein is a partner in Weil’s Capital Markets practice and is based in New York. Michael advises both issuers and underwriters in connection with public and private offerings of securities and other capital markets transactions, including initial public offerings, investment grade and high yield debt offerings and tender and exchange offers. He also advises companies with respect to SEC reporting obligations, corporate governance and other corporate and securities law matters.
- TPG Inc. in its $1.1 billion initial public offering.
- AMC Entertainment Holdings, Inc. in several (i) at-the-market and private offerings raising over $1.5 billion in aggregate equity proceeds, (ii) first and second lien note issuances raising over $4.1 billion in aggregate proceeds and (iii) various other liability management transactions.
- Dun & Bradstreet Holdings, Inc. in its $460 million senior notes offering and redemption of certain other senior notes.
- Citi, J.P. Morgan, Wells Fargo and another financial institution, as representatives of the underwriters, in a $13 billion fixed and floating rate senior notes offering by Occidental Petroleum Corporation, to finance its acquisition of Anadarko Petroleum Corporation.
- 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.
- JPMorgan Chase, Goldman Sachs, Citi and another financial institution, as representatives of the initial purchasers, in an $8 billion 144A bond offering by an affiliate of Keurig Green Mountain (a portfolio company of JAB Holding Company) to finance the $23.1 billion merger of Keurig Green Mountain Inc. and Dr Pepper Snapple Group, Inc.
- WPX Energy, Inc. in its $900 million senior unsecured notes offering to finance in part its acquisition of Felix Energy, LLC.
- International counsel to Goldman and the other underwriters in the $515 million initial public offering of Oncoclinicas do Brasil Servicos Medicos SA (a portfolio company of Josephina Fundo de Investimento em Participações Multiestratégia (Josephina Fund for Investment in Multistrategy Participations)).
- NCS Multistage Holdings, Inc. (a portfolio company of Advent International) and certain selling stockholders in its $186 million initial public offering.
- Deutsche Bank, as representative of the initial purchasers, in a $650 million 144A bond offering and a $400 million senior unsecured 144A notes offering by OUTFRONT Media, Inc.
- Fortress Value Acquisition Corp. IV, a SPAC sponsored by Fortress Investment Group, in its $600 million initial public offering.
- Fortress Capital Acquisition Corp., a SPAC sponsored by Fortress Capital Acquisition Sponsor LLC, in its $400 million initial public offering.
- Jack Creek Investment Corp., a SPAC sponsored by KSH Capital, in its $345 million initial public offering.
- Fortress Investment Group, on behalf of certain affiliated selling shareholders, in a $242 million secondary offering of MP Materials Corp.
- Fortress Value Acquisition Corp. III, a SPAC sponsored by Fortress Investment Group, in its $230 million initial public offering.
- Maxim Integrated Products, Inc. in its $500 million offering of investment grade, senior unsecured notes.
- Fortress Value Acquisition Corp., a SPAC sponsored by Fortress Investment Group, in its $345 million initial public offering.
- Fortress Investment Group LLC in the $345 million initial public offering of Mosaic Acquisition Corp., a SPAC co-sponsored by Fortress.
- Citi, as administrative agent, and Citi and another financial institution, as joint lead arrangers and joint bookrunners, in $21.8 billion bridge and term loan facilities and a $5 billion revolving working capital facility to support the $55 billion acquisition by Occidental Petroleum Corporation (OXY) of Anadarko Petroleum Corporation.
- Goldman Sachs in a $6.8 billion bridge financing commitment to support the $6.4 billion acquisition by Marsh & McLennan Companies, Inc. of Jardine Lloyd Thompson Group plc.
- 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.
- Goldman Sachs and Morgan Stanley in a $5 billion bridge financing commitment to support the $6 billion merger of CenterPoint Energy, Inc. and Vectren Corporation.
- 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.
- Federal Street Acquisition Corp., a SPAC sponsored by Thomas H. Lee Partners, in its $460 million initial public offering.
- Deutsche Bank Securities, as underwriter in the $200 million initial public offering of RMG Acquisition Corp.
Prior to joining Weil, Michael was a Capital Markets associate at a leading international law firm in Boston, Massachusetts.
Michael received his J.D. from Boston University Law and his B.A. from George Washington University.