Pratik Ranjan Das

Since joining Kirkland, Pratik has represented:

Equity Offerings

• Ares Management Corporation, a leading global alternative investment manager, in connection with its $100 million preferred stock investment in Vinci Partners Investments Ltd. (NASDAQ: VINP)
• Goldman Sachs and Baird, in connection with Ranpak Holdings Corp.’s (NYSE: PACK) secondary offering of $105 million of Ranpak’s common stock
• OneSpaWorld Holdings Limited (NASDAQ: OSW) and Steiner Leisure Limited, a portfolio company of L Catterton, in connection with a secondary offering of $76.6 million of OneSpaWorld Holdings’ common shares
• Option Care Health (NYSE: OPCH) and Madison Dearborn Partners in connection with over $1 billion of primary and secondary offerings of Option Care Health’s common stock
• Alight Inc. (NYSE: ALIT) and Blackstone in connection with a secondary offering of approximately $180 million of Alight Inc.’s common stock
• viagogo in connection with its issuance of $365 million of senior preferred stock

High Yield and Investment Grade Debt Offerings

• Amcor plc (NYSE: AMCR; ASX: AMC) in connection with its approximately $2.2 billion three-tranche investment grade notes offering in connection with its acquisition of Berry Global Group Inc. (NYSE: BERY)
• Avis Budget Group, Inc. (NASDAQ: CAR) in connection with approximately €1.2 billion of EUR-denominated senior notes offerings
• Avis Budget Group, Inc. (NASDAQ: CAR) in connection with approximately $1.2 billion of USD-denominated senior notes offering
• Builders FirstSource, Inc. (NYSE: BLDR), in connection with its $300 million add-on senior notes offering
• Staples, Inc. in connection with its $100 million add-on senior secured notes offering
• Clearlake Capital Partners in connection with a $400 million senior notes offering to finance Clearlake’s acquisition of PriSo Holdings Corporation (PrimeSource)
• Eli Lilly and Company (NYSE: LLY) in connection with a four-tranche investment grade notes offering worth over $2 billion and including Eli Lilly’s inaugural “Sustainability Bonds” as well as the corresponding tender offer
• Imperial Dade, a portfolio company of Bain Capital, in connection with its $660 million senior notes offering
• Restaurant Brands International Inc. (Burger King) in connection with approximately $1.5 billion of senior secured notes offering
• Stone Point Capital in its $6 billion acquisition of CoreLogic, including CoreLogic’s $750 million senior secured notes offering

Liability Management Transactions

• WeWork Inc. (NYSE: WE) and its subsidiaries in connection with a comprehensive restructuring of its capital structure through a series of transactions with an ad hoc group of noteholders representing more than 60% of the company’s public notes, a third-party investor and affiliates of SoftBank Group Corp., implemented through certain exchanges of $1.2 billion of WeWork’s existing unsecured notes for new debt and equity securities and the issuance of $675 million of new secured notes for cash
• Alkegen, a Clearlake portfolio company, in connection with a comprehensive refinancing transaction including a new $1,925 million first-lien term loan and first-lien senior secured notes and a new $200 million first-out revolving credit facility to refinance in full Alkegen’s existing first lien term loans, pay down outstanding borrowings under Alkegen’s existing revolving credit facility, extend maturities and provide additional liquidity, and an exchange of secured and unsecured notes for new second lien notes
• Radiology Partners, Inc. and certain of its affiliates in connection with a series of liability management transactions, including (i) the replacement of its existing revolver due 2024 with a new revolver due 2028 (including a portion converted to a “first out” revolver), (ii) an uptier exchange by the lenders under its existing first lien term loans due 2025 for new first lien term loans due 2029 and a partial prepayment, (iii) an uptier exchange by the holders of its secured notes due 2025 for new first lien secured notes due 2029 and a partial prepayment, (iv) an uptier exchange by the holders of its unsecured notes due 2028 for new second lien secured notes due 2030, and (v) a new equity capital raise
• The Lycra Company and its subsidiaries in connection with a comprehensive debt refinancing, including a refinancing of its existing senior secured notes and associated transactions
• The Lycra Company and its subsidiaries in connection with a comprehensive settlement of its existing debt, including simultaneous consent solicitations in connection with substantial amendments to its existing euro- and dollar-denominated senior secured notes and associated transactions
• Amcor plc (NYSE: AMCR; ASX: AMC) in connection with a consent solicitation for five series of notes of Berry Global Group Inc (NYSE: BERY) in connection with Amcor’s acquisition of Berry Global Group Inc
• Wheel Pros and Clearlake Capital in connection with a comprehensive liability management transaction, including the exchange of approximately $272 million of Wheel Pros’ unsecured notes for new second lien notes and a corresponding covenant strip consent procedure
• Modivcare, Inc. in connection with a comprehensive liability management transaction, including a $75 million first-lien incremental term loan, the issuance of $30 million of new second lien notes, the exchange of approximately $270 million of existing unsecured notes for new second lien notes and a corresponding covenant strip consent procedure

Tender and Exchange Offers

• Macy’s, Inc. (NYSE: M), in connection with a $220 million cash tender offer with respect to nine outstanding series of senior notes
• Staples, Inc. in connection with a comprehensive debt refinancing involving the issuance of $2.4 billion in new senior secured notes and an uptier exchange offer and simultaneous private exchange of approximately $950 million of its existing senior notes
• Anywhere Real Estate (NYSE: HOUS) in connection with an uptier exchange offer and simultaneous private exchange of approximately $800 million of its existing senior notes
• CFG Investments S.A.C. in connection with a tender offer to repurchase over $32 million of its first lien senior secured notes and second lien senior secured notes
  

Chapter 11 Proceedings

• WeWork Inc. and certain of its affiliates in their Chapter 11 cases in connection with the exchange of approximately $3 billion of WeWork’s funded debt for post-emergence equity and cash as well as associated corporate governance and securities matters
• Invitae Corporation certain of its affiliates in their prearranged Chapter 11 cases in connection with its go-forward sale process and corresponding paydown of approximately $1.5 billion in funded debt obligations
• Avaya Holdings Corp. and certain of its affiliates in their Chapter 11 cases in connection with corporate governance and securities matters
• Wheel Pros, LLC and certain of its affiliates in their Chapter 11 cases in connection with securities matters
  

Public Company Mergers, Reorganizations and Special Purpose Acquisition Company Transactions

• Amcor plc (NYSE: AMCR; ASX: AMC) in its pending $37 billion of Berry Global Group Inc (NYSE: BERY)
• Ferguson Enterprises Inc. (NYSE: FERG), formerly Ferguson plc, in connection with transactions to redomicile its ultimate parent company from the Bailiwick of Jersey to the United States
• Tailwind Two Acquisition Corp. (NYSE: TWNT), a special purpose acquisition company focused on the technology and direct-to-consumer sectors, in its $300 million initial public offering
• Tailwind International Acquisition Corp. (NYSE: TWNI), a special purpose acquisition company focused on the technology and direct-to-consumer sectors in Europe, in its $300 million initial public offering
• Yucaipa Acquisition Corporation (NYSE: YAC), a special purpose acquisition company on its $3.2 billion business combination with SIGNA Sports United
• KORE Group Holdings, Inc. (NYSE: KORE) on its $1 billion business combination with Cerberus Telecom Acquisition Corp., an affiliate of Cerberus Capital Management, L.P.

SEC Compliance, Disclosure and Corporate Governance

• Option Care Health (NYSE: OPCH)
• Waters Corporation (NYSE: WAT)

Prior to joining Kirkland, Pratik was involved in the following matters:

Debt Capital Markets

• Advised the joint structuring advisors/lead arrangers on India's first issuance of listed debt securities by a real estate investment trust
• Advised India's largest public sector bank on its dual tranche Rule 144A/Regulation S-compliant issuance of senior notes on the London Stock Exchange
• Advised on the Regulation S-compliant listed debt offering by an Indian subsidiary of a Canadian asset management company

Equity Capital Markets

• Advised the issuer and major selling shareholders on one of the first initial public offerings by a life insurance corporation in India
• Advised on several initial public offerings and private placement of listed stock for companies in the real estate, infrastructure, healthcare and facilities management sectors in India

Associate, Shardul Amarchand Mangaldas & Co., Mumbai, India, 2017–2019