Michael A.Andreani (Mike)

Associate

Cleveland + 1.216.586.7003

Mike Andreani advises clients on capital markets and commercial financing transactions. He has represented private and public corporate clients, including private equity firms, and financial institutions. His transactional practice includes public and private equity and debt offerings and restructurings, including initial public offerings, Rule 144A offerings, tender offers, at-the-market offerings, and exchange offers. He also regularly advises public companies on corporate governance, securities laws, stock exchange rules and regulations, and periodic reporting responsibilities.

Companies Mike has recently advised include Athersys, CECO Environmental, Cintas, Cooper Tire & Rubber Company, Cortec Group, Lincoln Electric, Louisiana Pacific, Marathon Petroleum, MPLX, National Fuel Gas Company, Olympic Steel, Parker Hannifin, QuickLogic, SITE Centers, and YETI. He has also represented financial institutions, including Bank of America, KeyBank, and Wells Fargo.

Mike is a member of the American Bar Association, the Ohio State Bar Association, and the Cleveland Metropolitan Bar Association. Prior to attending law school, he served as a corps member for Teach For America, where he taught elementary school in Cleveland.

Experience

  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day is acting as U.S. counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • AcuityAds completes IPO in United States and public offering in Canada totaling US$57.5 millionJones Day represented AcuityAds Holdings Inc., headquartered in Toronto, Canada, in connection with its initial public offering of Common Shares in the United States.
  • Coronado Global Resources completes US$550 million in combined financingJones Day represented Coronado Global Resources Inc., in connection with (i) an offering of US$350 million aggregate principal amount of 10.750% Senior Secured Notes due 2026, (ii) a secured asset-based revolving credit agreement in an initial aggregate principal amount of US$100 million, and (iii) an offering of US$100 million aggregate principal amount of shares of its Common Stock in the form of CHESS Depositary Interests, which are listed on the Australian Stock Exchange.
  • Verint Systems completes $315 million Convertible Notes offeringJones Day represented Verint Systems Inc., a provider of Actionable Intelligence® solutions and value-added services, in connection with an offering of $315 million aggregate principal amount of 0.25% Convertible Senior Notes due 2026.
  • Cleveland-Cliffs completes public offering of Common SharesJones Day represented Cleveland-Cliffs Inc., the largest flat-rolled steel producer and the largest supplier of iron ore pellets in North America, in connection with its issuance of 20,000,000 Common Shares by Cleveland-Cliffs Inc. and 40,000,000 Common Shares by an indirect, wholly owned subsidiary of ArcelorMittal S.A., as a selling shareholder.
  • Playboy becomes public company by combining with Mountain Crest Acquisition Corp.Jones Day advised Playboy Enterprises, Inc. in its business combination with Mountain Crest Acquisition Corp. (Nasdaq: MCAC) ("Mountain Crest"), a publicly-traded special purpose acquisition corporation (SPAC), whereby Playboy shareholders received shares of common stock in Mountain Crest, and Mountain Crest assumed outstanding Playboy debt, for a total purchase price valued at approximately $381 million.
  • GrafTech International Ltd. completes offering of $500 million of Senior Secured NotesJones Day represented GrafTech International Ltd., a leading manufacturer of high quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals, in connection with the issuance by its wholly-owned subsidiary, GrafTech Finance Inc., of $500 million aggregate principal amount of its 4.625% Senior Secured Notes due 2028 in a private offering pursuant to Rule 144A and Regulation S.
  • GrafTech International Ltd. completes offering of Common Stock by existing stockholdersJones Day represented GrafTech International Ltd., a leading manufacturer of high quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals, in connection with the offering of 8,500,000 shares of Common Stock by affiliates of Brookfield Asset Management Inc. and Brookfield Business Partners LP, members of the Brookfield consortium that have a majority ownership interest in GrafTech.
  • Cleveland-Cliffs acquires ArcelorMittal USA for approximately $1.4 billionJones Day advised Cleveland-Cliffs Inc. in connection with the acquisition and financing of substantially all of the operations of ArcelorMittal USA for approximately $1.4 billion.
  • Funds managed by EagleTree Capital complete $238 million IPO of Corsair GamingJones Day acted as legal counsel to funds managed by EagleTree Capital, LP in Corsair Gaming Inc.’s $238 million initial public offering, reflecting an enterprise value of approximately $1.7 billion.
  • Diebold Nixdorf completes offering of $700 million of Senior Secured NotesJones Day represented Diebold Nixdorf, Incorporated, a global leader in driving connected commerce for the banking and retail industries, in connection with the issuance of its $700 million aggregate principal amount of 9.375% Senior Secured Notes due 2025 in a Rule 144A and Regulation S offering.
  • Diebold Nixdorf completes offering of €350 million of Senior Secured NotesJones Day represented Diebold Nixdorf, Incorporated, a global leader in driving connected commerce for the banking and retail industries, in connection with the issuance by its wholly-owned Dutch subsidiary, Diebold Nixdorf Dutch Holding B.V., of €350 million aggregate principal amount of 9.000% due 2025 in a Rule 144A and Regulation S offering.
  • Cleveland-Cliffs completes $120 million Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of an additional $120 million aggregate principal amount of 6.75% Senior Secured Notes due 2026.
  • Five9 completes $747.5 million Convertible Notes offeringJones Day represented Five9, Inc., a leading provider of the intelligent cloud contact center, in connection with an offering of $747.5 million aggregate principal amount of 0.500% Convertible Senior Notes due 2025 and the repurchase and exchange of $181.0 million aggregate principal amount of its outstanding 0.125% Convertible Notes due 2023.
  • PolyOne completes $650 million Senior Notes offeringJones Day represented PolyOne Corporation, a premier provider of specialized polymer materials, services and sustainable solutions, in connection with a Rule 144A and Regulation S offering of $650 million aggregate principal amount of 5.750% Senior Notes due 2025.
  • Cleveland-Cliffs completes $555.2 million Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of an additional $555.2 million aggregate principal amount of 9.875% Senior Secured Notes due 2025 and the repurchase and cancellation of $736.4 million aggregate principal amount of outstanding Senior Notes.
  • Cleveland-Cliffs completes $400 million Senior Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of $400 million aggregate principal amount of 9.875% Senior Secured Notes due 2025
  • Cleveland-Cliffs completes offers to exchange 6.375% Senior Notes and 7.00% Senior Notes issued by AK Steel CorporationJones Day represented Cleveland-Cliffs Inc. (“Cliffs”), a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with its offers to exchange any and all 6.375% Senior Notes due 2025 and 7.00% Senior Notes due 2027 issued by AK Steel Corporation for the same aggregate principal amount of new notes issued by Cliffs’.
  • Cleveland-Cliffs acquires AK Steel in $1.1 billion stock swapJones Day advised Cleveland-Cliffs Inc. (NYSE: CLF) in its merger with AK Steel Holding Corporation (NYSE: AKS) pursuant to which Cliffs acquired all of the issued and outstanding shares of AK Steel common stock.
  • Cleveland-Cliffs issues $725 million of 6.75% Senior Secured NotesJones Day represented Cleveland-Cliffs Inc. ("Cliffs"), a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with an offering of $725 million aggregate principal amount of 6.75% Senior Secured Notes due 2026.