KatharineDonaldson

Experience

SAP acquires Qualtrics for $8 billion
Jones Day advised SAP in its $8 billion acquisition of Qualtrics International Inc., the global pioneer in the experience management software category.

Health & Safety Institute acquires EMS Safety Services
Jones Day represented The Riverside Company in connection with the add-on acquisition and related financing of EMS Safety Services, Inc., a provider of first aid and CPR training solutions, by portfolio company Health & Safety Institute, a provider of comprehensive health and safety training courses.

Gray Television acquires Raycom Media for $3.6 billion
Jones Day advised Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, in connection with its acquisition of privately-owned Raycom Media, Inc., a Montgomery, Alabama-based television broadcast company, in a cash and stock transaction with an enterprise value of approximately $3.6 billion.

M&G debtors confirm chapter 11 plan of liquidation and close sale of Corpus Christi plant for $1 billion
On December 17, 2018, the United States Bankruptcy Court for the District of Delaware entered an order confirming the Third Amended Plan of Liquidation (the "Plan") of Jones Day client M&G USA Corporation and eight of its affiliates (the "M&G Debtors"), which prior to the chapter 11 filing, were, along with their affiliates in Mexico, Brazil and Europe, one of the largest producers of polyethylene terephthalate resin – used for packaging applications – in the world. On December 28, 2018, after receiving antitrust approval, the M&G Debtors closed the sale of their partially constructed manufacturing facility in Corpus Christi, Texas, (the "Corpus Christi Plant") with a deal value in excess of $1 billion.

Newell Brands obtains $1 billion term loan facility
Jones Day advised Newell Brands Inc., a leading global consumer goods company with a strong portfolio of well-known brands, in connection with a $1 billion senior unsecured term loan facility with Credit Suisse AG, Cayman Islands Branch, as lender and administrative agent.

Newell Brands amends and restates $1.25 billion revolving credit agreement
Jones Day advised Newell Brands Inc., a leading global consumer goods company with a strong portfolio of well-known brands, in connection with the $1.25 billion amendment and restatement of its unsecured revolving credit agreement.

Wabtec announces new financing arrangements
Jones Day represented Wabtec Corporation in connection with the refinancing and replacement of its existing revolving credit facility in the aggregate principal amount of $1.2 billion; a refinancing term loan in an aggregate principal amount of $350 million; and a new delayed draw term loan in an aggregate principal amount of $400 million.

Southern Power to sell minority interest in solar portfolio to Global Atlantic Financial Group for $1.175 billion
Jones Day is advising Southern Power Company in its $1.175 billion sale of a 33 percent minority interest in its solar portfolio to Global Atlantic Financial Group Limited.

Riverside portfolio company acquires Vivid Learning Systems
Jones Day represented The Riverside Company in connection with the acquisition and related financing by portfolio company, Health & Safety Institute, a provider of comprehensive health and safety training courses, of Vivid Learning Systems, Inc., a provider of online safety training.

Owens Corning acquires Paroc Group, a leading European mineral wool manufacturer, for approximately €900 million (US$1.04 billion)
Jones Day advised Owens Corning in its acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe, from CVC Capital Partners for an enterprise value of approximately €900 million ($1.04 billion).

ShopOne Centers REIT obtains $325 million secured credit facility
Jones Day represented ShopOne Centers REIT Inc., a private real estate investment trust focused on acquiring, operating, and managing market-dominant, grocery-anchored shopping centers, in connection with a $325 million secured credit facility with KeyBanc Capital Markets as lead arranger.

KeyBank amends and restates $250 million revolving credit facility for Davey Tree Expert Company
Jones Day represented KeyBank National Association, as administrative agent, in connection with an amendment and restatement of a $250 million revolving credit facility provided to the Davey Tree Expert Company, a provider of a wide range of arboricultural, horticultural, environmental, and consulting services to customers throughout the U.S. and Canada.

AGIC Capital acquires RiteDose Corporation from Olympus Partners
Jones Day advised AGIC Capital ("AGIC"), a leading Asian-European private equity firm focused on industrial technology investments, in connection with the acquisition and related financing of The RiteDose Corporation ("RiteDose") from Olympus Partners.

North American Coal amends and restates credit agreement
Jones Day represented The North American Coal Corporation, an American coal mining and mining services company and subsidiary of NACCO Industries, Inc., in connection with an amended and restated credit agreement for a 5-year, $150 million unsecured revolving line of credit.

AFGlobal first lien lender group receives 95.5 percent of equity as debtor emerges pursuant to prepackaged plan of reorganization
Jones Day represented a group of first lien term loan lenders of AFGlobal Corporation (f/k/a Ameriforge Group), an oil and gas OEM specializing in technology, products and services with fully-integrated manufacturing capabilities to clients around the world, in its prepackaged chapter 11 cases.

Wells Fargo amends and restates credit facilities for provider of terminaling, storage, and related services
Jones Day advised Wells Fargo Bank, National Association in connection with the third amendment and restatement of its credit facilities provided to a provider of terminaling, storage and related services to the energy industry, which provides for, among other things, a $600 million revolving credit facility.