William Taylor is a capital markets associate in the London office of Kirkland & Ellis International LLP. William represents private equity sponsors, issuers and investment banks in high yield debt financings in Europe and the U.S., including leveraged buyouts, recapitalizations, restructurings and liability management transactions. He also has experience working on investment-grade debt offerings, equity offerings as well as general U.S. securities law matters.
Experience
Representative Matters
High Yield Offerings
Banijay in connection with a Rule 144A and Regulation S offering of €540 million senior secured notes and $400 million senior secured Notes
Madison Dearborn Partners in connection with the Rule 144A and Regulation S offering of $500 million senior secured Notes and $300 million preferred equity raise as part of its $1.8 billion leveraged buyout of MoneyGram
Emeria, a Partners Group portfolio company, in connection with a Rule 144A and Regulation S offering of €400 million senior secured Notes
MasMovil in connection with:
The inaugural Rule 144A and Regulation S offering of €720 million senior secured notes as part of its €3 billion leveraged buyout by KKR, Cinven and Providence*
Its subsequent Rule 144A and Regulation S offering of €80 million senior secured notes*
The Rule 144A and Regulation S offering of €1.55 billion senior secured notes and €500 million senior notes as part of its €2 billion leveraged buyout of Euskaltel*
T-Mobile in connection with the inaugural Rule 144A and Regulation S offering of €800 million senior secured notes and €550 million senior notes as part of its €5.1 billion leveraged buyout by Apax and Warburg Pincus*
David Lloyd, a TDR portfolio company, in connection with the inaugural Rule 144A and Regulation S offering of €300 million senior secured Floating Rate Notes and £645 million senior secured notes, £200 million PIK facility and £150 million equity raise as part of its comprehensive refinancing*
Constellation Automotive Group, a TDR portfolio company, in connection with the inaugural Rule 144A and Regulation S offering of £695 million senior secured notes*
LeasePlan in connection with a Rule 144A and Regulation S offering of €500 million senior secured notes*
Cirsa, a Blackstone portfolio company, in connection with a Rule 144A and Regulation S offering of €390 million senior secured notes*
The initial purchasers in connection with Fugro’s inaugural Rule 144A and Regulation S offering of €550 million senior secured notes*
Restructuring and Liability Management Transactions
Genesis Care in connection with its Chapter 11 reorganization and $1.7 billion debt restructuring, pursuant to which an existing creditor group emerged as the new majority equity owners of the reorganized company
Arrow Global Group in connection with the acquisition and successful recapitalization of AFE by way of a consent solicitation to amend and restate its €307 million senior secured floating rate notes and a private placement of €35 million of senior secured floating rate notes
New Look in connection with its debt-for-equity swap and concurrent private placement of £150 million (equivalent) senior secured PIK notes as part of its £1.35 billion debt restructuring*
Takko Fashion, an Apax portfolio company, in connection with its consent solicitation, €23.5 million senior secured facility and €30 million private placement as part of a COVID-19 liquidity package*
Pepper Money, a KKR portfolio company, in connection with its consent solicitation and concurrent redemption of its €230 million senior secured notes as part of its pre-IPO corporate reorganization*
Investment Grade Offerings
The underwriters in connection with SEC-registered debt offerings by KfW totaling approximately $30 billion (equivalent)*
The underwriters in connection with SEC-registered debt offerings by the RELX Group totaling approximately $1 billion*
BPPEH in connection with the establishment and annual updates of its €10 billion Euro Medium Term Note Programme, as well as subsequent takedowns thereunder totaling approximately €4 billion (equivalent) and various liability management transactions*
Logicor in connection with the establishment and annual updates of its €10 billion Euro Medium Term Note Programme, as well as subsequent takedowns thereunder totaling approximately €3 billion (equivalent) and various liability management transactions*
Equity Offerings
Various European banks in connection with equity financing transactions for Fugro, including:
A private placement of approximately 8.4 million new ordinary shares for total proceeds of €82 million*
A €250 million equity raise comprised of a €53 million private placement of cum-right shares and a €197 million partially underwritten rights issue*
