Jenner & Block

 

Representative Transactions:

  • The Hertz Corporation in the separation of Herc Rentals, Inc., multiple private placements of US Dollar and Euro denominated totaling over $5 billion and subsequent Exxon Capital exchange offers, including $1.2 billion in notes issued in connection with the acquisition of Dollar Thrifty Automotive Group, multiple registered secondary offerings of common stock totaling over $4.0 billion and the privately-negotiated exchanges of common stock for over $390 million in senior secured convertible notes;
  • General Motors in a number of transactions, including its $23.1 billion IPO (the largest in history), the sale of substantially all of its assets to a new entity sponsored by the U.S. Treasury in connection with GM’s Chapter 11 bankruptcy filing, its proposed $27 billion exchange offer, its 2013 registered secondary offering of common stock by the US Treasury and the UAW VEBA, its 2013 registered dutch auction of warrants by the UAW VEBA, its 2008 issuance of $4.4 billion in convertible debentures in a private offering, its 2007 public offering of $1.5 billion in convertible debentures, and its 2004 registered underwritten secondary sale of approximately $911 million of The News Corporation’s preferred American depositary shares;
  • Swiss-based Lonza Group Ltd. in its $2.3 billion rights offering and $865 million common stock offering in connection with its acquisition of all outstanding shares of Capsugel SA, for a purchase price of $5.5 billion;
  • An NYSE-listed business process outsourcing company in the acquisition of an India-based business process outsourcing company from a Singapore-based private equity fund in exchange for a majority of the listed company’s outstanding common stock;
  • Aurora Cannabis Inc. in its $345 million 5.5% convertible senior notes due 2024 offering led by BMO Capital Markets and Cowen;
  • General Dynamics in multiple public offerings of senior notes of $2.4 billion, $1.5 billion, $1 billion and $750 million and multiple acquisition transactions, including its $360 million acquisition of publicly-traded Force Protection, Inc.;
  • Merge Healthcare Incorporated in multiple transactions including its $252 million tender offer for its outstanding senior secured notes, its $50 million private placement of common stock to a group of investors arranged by Guggenheim Corporate Funding, LLC and its $1 billion sale to IBM;
  • Behringer Harvard Holdings, a sponsor of non-listed real estate investment funds, in connection with transactions pursuant to which Monogram Residential Trust, Inc. (f/k/a Behringer Harvard Multifamily REIT I) became self- managed and contractual arrangements pursuant to which TIER REIT, Inc. (f/k/a Behringer Harvard REIT I), became self-managed;
  • The providers of business management and advisory services and property management services in connection with their $375 million sale to Retail Properties of America, Inc. (Inland Western Retail Real Estate Trust, Inc.);
  • Honeywell in connection with a number of acquisitions, including the acquisition of Callidus Technologies LLC;
  • Viskase Companies, Inc. in the private placement of $215 million of senior secured notes; and
  • The Chicago Board of Trade in connection with its 2005 restructuring and demutualization into a stock, for-profit company involving a public offering of securities to CBOT members and CBOT Holdings (holding company for the Chicago Board of Trade) in its $198 million IPO of common stock.