Pratik Ranjan Das

Equity Offerings

• ITG, Inc. (Nasdaq: ITG) and Oaktree Capital Management, in ITG, Inc’s initial public offering
• Ares Management Corporation in its $100 million preferred stock investment in Vinci Partners Investments Ltd. (Nasdaq: VINP)
• Goldman Sachs and Baird, in Ranpak Holdings Corp.’s (NYSE: PACK) secondary offering of $105 million of Ranpak’s common stock
• OneSpaWorld Holdings Limited (Nasdaq: OSW) and L Catterton, in a secondary offering of $76.6 million of OSW’s common shares
• Option Care Health (NYSE: OPCH) and Madison Dearborn Partners in over $1 billion of primary and secondary offerings of Option Care Health’s common stock
• Alight Inc. (NYSE: ALIT) and Blackstone in a secondary offering of approximately $180 million of Alight Inc.’s common stock
• viagogo in its issuance of $365 million of senior preferred stock

High Yield and Investment Grade Debt Offerings

• Waters Corporation (NYSE: WAT) in its $3.5 billion registered investment grade notes offering in connection with its business combination with Becton, Dickinson’s (NYSE: BDX) Biosciences & Diagnostic Solutions business
• CoreWeave (Nasdaq: CRWV) in its $1.75 billion offering of 9.00% senior notes due 2031
• CoreWeave (Nasdaq: CRWV) in its $2.00 billion offering of 9.25% senior notes due 2030
• Amcor plc (NYSE: AMCR; ASX: AMC) in 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 approximately €1.2 billion of EUR-denominated senior notes offerings
• Avis Budget Group, Inc. (Nasdaq: CAR) in approximately $1.2 billion of USD-denominated senior notes offering
• Builders FirstSource, Inc. (NYSE: BLDR), in its $300 million add-on senior notes offering
• Staples, Inc. in its $100 million add-on senior secured notes offering
• Greenbriar Equity Group in a $500 million senior notes offering to finance its strategic partnership with AIT Worldwide Logistics
• Clearlake Capital Partners in a $400 million senior notes offering to finance it’s acquisition of PrimeSource
• Eli Lilly and Company (NYSE: LLY) in 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 its $660 million senior notes offering
• Restaurant Brands International Inc. (Burger King) in approximately $1.5 billion of senior secured notes offerings
• 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 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.
• Alkegen, a Clearlake portfolio company, in 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 debt, and an exchange of secured and unsecured notes for new second lien notes
• Radiology Partners, Inc. and certain of its affiliates in 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 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 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 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 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 a $220 million cash tender offer with respect to nine outstanding series of senior notes
• Staples, Inc. and Sycamore Partners, in 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
• American Bath Group and Centerbridge Partners, in a comprehensive debt refinancing involving the issuance of $500 million in new first lien notes and an uptier exchange offer and simultaneous private exchange of approximately $520 million of its existing senior notes
• PrimeSource and Clearlake Capital, in a comprehensive debt refinancing involving the issuance of $800 million in new first lien notes and an uptier exchange offer of approximately $640 million of its existing senior notes
• Anywhere Real Estate (NYSE: HOUS) in an uptier exchange offer and simultaneous private exchange of approximately $800 million of its existing senior notes
• Automotores Gildemeister and Elliot Management, in an exchange offer with respect to its existing senior secured and subordinated notes
• CFG Investments S.A.C. in 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

• Waters Corporation (NYSE: WAT) in its $39 billion Reverse Morris Trust combination with Becton, Dickinson’s (NYSE: BDX) Biosciences & Diagnostic Solutions business
• Amcor plc (NYSE: AMCR; ASX: AMC) in connection with its $37 billion business combination with of Berry Global Group Inc (NYSE: BERY)
• CRH plc (NYSE: CRH) in its pending $8.5 billion acquisition of Arcosa, Inc. (NYSE: ACA)
• Centerbridge Partners in its $2 billion acquisition of MeridianLink, Inc. (NYSE: MLNK)
• KORE Group Holdings, Inc. (NYSE: KORE) in its $1 billion business combination with Cerberus Telecom Acquisition Corp., an affiliate of Cerberus Capital Management, L.P.
• Ferguson Enterprises Inc. (NYSE: FERG), formerly Ferguson plc, in transactions to redomicile its ultimate parent company from the Bailiwick of Jersey to the United States
• Yucaipa Acquisition Corporation (NYSE: YAC), a special purpose acquisition company in its $3.2 billion business combination with SIGNA Sports United
• 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 connection with its $300 million initial public offering

SEC Compliance, Disclosure and Corporate Governance

• Waters Corporation (NYSE: WAT)
• Pegasystems Inc. (Nasdaq: PEGA)
• Eli Lilly and Company (NYSE: LLY)
• Option Care Health (NYSE: OPCH)

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