Alborz Tolou

Since joining Kirkland, Alborz has been involved in the following matters:

Debt Offerings

• Nexstar Broadcasting, Inc. in connection with its $1.0 billion 144A/Reg S high-yield senior notes offering
• Windstream Holdings, Inc. in connection with the issuance of $1.4 billion 144A/Reg S high-yield senior first lien notes issued by Windstream Escrow LLC and Windstream Escrow Finance Corp. as part of Windstream Holdings’ exit financing transactions for emergence from Chapter 11
• Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. in connection with their $350 million 144A/Reg S high-yield senior notes offering
• Jefferies, LLC, as initial purchaser, in connection with Powdr Corp.’s $300 million 144A/Reg S high-yield senior secured notes
• Macy’s, Inc. in connection with its $1.3 billion 144A/Reg S high-yield senior secured notes offering
• Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. in connection with their $500 million 144A/Reg S high-yield senior secured notes offering
• Restaurant Brands International Inc. (Burger King) in connection with a $500 million 144A/Reg S high-yield first lien senior secured notes offering
• Allied Universal Holdco LLC and Allied Universal Finance Corporation, in connection with their $540 million 144A/Reg S high-yield senior secured offering
• Aveanna Healthcare LLC in connection with its $560 million 144A/Reg S high-yield first lien notes offering
• Univar Solutions USA Inc. in connection with its $500 million 144A/Reg S high-yield senior notes offering issued in order to refinance its existing notes

Equity Offerings

• viagogo in connection with its issuance of $400 million of senior preferred stock to finance part of its $4.05 billion acquisition of StubHub from eBay 

Mergers and Acquisitions

• SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, on its definitive agreement with Huntsman Corporation (NYSE: HUN) to purchase Huntsman’s shares in Venator Materials PLC (NYSE: VNTR) for approximately $100 million cash
• Collier Creek Holdings, a special purpose acquisition company, on its agreement to combine with Utz Quality Foods, LLC, a leading U.S. manufacturer of branded salty snacks, to form Utz Brands, Inc.
• Bristol Myers Squibb in connection with the closing of its $90 billion acquisition of Celgene Corporation and its related $13.4 billion divesture of Celgene’s OTEZLA® program to Amgen

Restructuring and Liability Management Transactions

• Associated Materials Group, Inc. in connection with several recapitalization transactions, including the exchange of senior secured notes for equity units of a newly formed parent entity and the issuance of $250 million of senior secured notes
• Macy’s, Inc. and certain of its subsidiaries, in connection with an exchange offer to exchange six series of outstanding senior notes for newly issued senior secured notes and a concurrent consent solicitation to amend certain covenants included in an existing indenture
• Intelsat S.A. and certain of its affiliates in connection with their Chapter 11 cases in the United States Bankruptcy Court for the Eastern District of Virginia. Intelsat had approximately $14.7 billion in funded debt as of its Chapter 11 filing and operates the world’s largest satellite fleet and connectivity infrastructure, and provides diversified communication services to many of the world’s leading media companies, telecommunications operators, Internet service providers, and the United States government and military
• Acosta, Inc., a multinational full-service sales, marketing and retail merchandising agency with 30,000 employees, serving 1,200 blue chip companies across the globe, in connection with the issuance of $325 million of shares of preferred stock through a rights offering and a direct investment as part of its Chapter 11 prepackaged restructuring of $3 billion of indebtedness

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

Debt Offerings

• Goldman Sachs International and the other initial purchasers, in connection with the €300 million Reg S/144A high-yield senior secured notes offering of Inter Media and Communication S.p.A.,a first-time issuer and the sole manager and operator of the media, broadcast and sponsorship business of its parent company, F.C. Internazionale Milano S.p.A., a prominent European football club
• Credit Suisse Securities (Europe) Limited, BNP Paribas and the other initial purchasers, in connection with the €350 million Reg S/144A and £225 million Reg S/144A high-yield senior notes offering of La Financière Atalian S.A.S., a French leading player in the facility management market, in order to finance its acquisition of Servest Limited, a similar business active in the UK market
• J.P. Morgan Securities plc and the other initial purchasers, in connection with the €150 million Reg S/144A high-yield senior secured notes offering of Infopro, a leading player in the European market for B2B media and business information, in order to finance its acquisition of DOCUgroup, a similar business active in the DACH market
• J.P. Morgan Securities plc and the other initial purchasers in connection with a Reg S/144A high-yield senior notes offering of a French issuer for a dividend recapitalization
• A first time issuer in connection with a Reg S/144A high-yield senior secured notes offering in order to refinance its existing credit facilities extended in the context of its restructuring

EMTN Offerings

• J.P. Morgan Securities plc and the other dealers, in connection with the $65 billion and $25 billion Euro medium term note program of JPMorgan Chase & Co. and JPMorgan Chase Bank, NA
• J.P. Morgan Securities plc and the other managers, in connection with a €1.5 billion fixed-to-floating rate notes offering of JPMorgan Chase & Co
• J.P. Morgan Securities plc and the other managers, in connection with a €2 billion fixed-to-floating rate notes offering of JPMorgan Chase & Co

Equity Offering

• The underwriters in connection with a registered equity offering of series C preferred shares by a NASDAQ-listed business

Reporting

• Ferroglobe plc in connection with the filing of its annual report on Form 20-F
• Anglogold Ashanti Limited in connection with the filing of its annual report on Form 20-F