Peter E.Devlin

Partner

(T) 1.212.326.3978

For more than 10 years, Peter Devlin has advised clients in connection with complex financing transactions and day-to-day disclosure and corporate governance matters.

Peter advises companies and financial institutions across a wide range of public and private securities offerings, including initial public offerings and other equity offerings (both primary and secondary); investment-grade, convertible, and high yield debt offerings; and exchange offers, tender offers, and consent solicitations. He has significant experience advising domestic and international clients on securities laws, corporate governance matters, SEC reporting requirements, and stock exchange rules and regulations.

Peter has worked with many different types of issuers, including multinational corporations, middle market companies, and portfolio companies of private equity firms, and on transactions across many different industries, including financial services, biotechnology, insurance, fintech, transportation, shipping, consumer products, telecommunications, and education.

Experience

  • Wabtec completes $1.5 billion secondary offering of Common StockJones Day represented Westinghouse Air Brake Technologies Corporation ("Wabtec") in connection with a $1.5 billion secondary public offering of Common Stock by a selling stockholder.
  • Wabtec completes $1.9 billion secondary offering of Common StockJones Day represented Westinghouse Air Brake Technologies Corporation (“Wabtec”) in connection with a $1.9 billion secondary public offering of Common Stock by a selling stockholder.
  • Morgan Stanley-led syndicate completes $450 million public offering of Depositary SharesJones Day represented Morgan Stanley & Co. LLC, KeyBanc Capital Markets Inc., and the other underwriters in connection with KeyCorp’s $450 million public offering of 18,000,000 Depositary Shares, each representing a 1/40th ownership interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G (included as Tier 1 regulatory capital).
  • KeyBank issues $350 million of Subordinated Bank NotesJones Day represented KeyBanc Capital Markets Inc. and the other agents, in connection with KeyBank National Association’s offering of $350 million aggregate principal amount of 3.900% Subordinated Bank Notes due April 13, 2029 in a transaction exempt from registration pursuant to Section 3(a)(2) of the Securities Act of 1933.
  • IBM seeks advice on blockchain and smart contracts in global projectsJones Day is advising International Business Machines Corporation ("IBM") on various global projects involving blockchain/digital currencies and smart contracts.
  • Wabtec and GE Transportation merge in $11.1 billion transactionJones Day advised Wabtec Corporation in a Reverse Morris Trust merger with GE Transportation, valued at $11.1 billion.
  • KeyBank issues $1.0 billion of Senior Bank NotesJones Day represented KeyBanc Capital Markets Inc. and the other agents, in connection with KeyBank National Association’s (“KeyBank”) offering of $400 million aggregate principal amount of Floating Rate Senior Bank Notes due February 1, 2022 and $600 million aggregate principal amount of 3.300% Senior Bank Notes due February 1, 2022 in a transaction exempt from registration pursuant to Section 3(a)(2) of the Securities Act of 1933.
  • KeyBanc Capital Markets-led syndicate completes $500 million offering of 4.150% Senior NotesJones Day represented KeyBanc Capital Markets Inc., as lead-left book-running manager, together with the other underwriters, in connection with KeyCorp's public offering of $500 million of 4.150% Senior Notes due October 2025 under KeyCorp's Medium-Term Notes Program.
  • Wabtec completes $2.5 billion public offering of Senior NotesJones Day represented Westinghouse Air Brake Technologies Corporation (“Wabtec”) in connection with its underwritten public offering of $2.5 billion aggregate principal of Senior Notes, consisting of (i) $500 million aggregate principal amount of Floating Rate Senior Notes due 2021, (ii) $750 million aggregate principal amount of 4.150% Senior Notes due 2024, and (iii) $1.250 billion aggregate principal amount of 4.700% Senior Notes due 2028.
  • Wabtec announces new financing arrangementsJones 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.
  • Calyxt completes $60.9 million follow-on public offering of Common StockJones Day represented Calyxt, Inc. in connection with its $60.9 million public follow-on offering of Common Stock.
  • Five9 completes $258.75 million offering of Convertible Senior NotesJones Day represented Five9, Inc., a provider of cloud-based contact center software, in connection with its issuance of $258.75 million aggregate principal amount of 0.125% Convertible Senior Notes due 2023 in a Rule 144A offering.
  • Cellectis completes $164 million follow-on public offering of American Depositary Shares on NASDAQJones Day represented Cellectis S.A., a French clinical-stage biopharmaceutical developer of innovative cancer treatments using gene editing technologies, in connection with a $164 million public offering of American Depositary Shares on NASDAQ, underwritten by Goldman Sachs & Co. LLC, Citigroup, and Barclays.
  • Meritor completes $325 million Rule 144A offering of Convertible Senior NotesJones Day represented Meritor, Inc., a premier global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation and industrial sectors, in connection with a Rule 144A offering of $325 million of 3.25% Convertible Senior Notes due 2037.
  • TV Azteca completes $400 million international offering of Senior NotesJones Day advised BCP Securities, LLC; Jefferies LLC; and Morgan Stanley & Co. International plc in connection with an international offering of $400 million of 8.250% Senior Notes due 2024 by TV Azteca, S.A.B. de C.V., one of the two largest producers of Spanish-language television content in the world and the second largest television broadcasting company in Mexico based on broadcast advertising market share.
  • Orchestra Prémaman attempted acquisition of Destination Maternity CorporationJones Day advised Orchestra Prémaman S.A. in connection with its attempted acquisition of Destination Maternity Corporation, which would have created a leading global provider of maternity apparel, childrenswear, and baby hard goods.
  • Reynolds American acquired by British American Tobacco Plc in deal valued at $49 billionJones Day advised Reynolds American Inc. ("RAI") regarding the acquisition by British American Tobacco, p.l.c. ("BAT") of 57.8 percent of the outstanding shares of RAI not owned by BAT and its affiliates in a transaction valued at $49 billion.
  • Grupo Kuo completes $450 million international offering of Senior NotesJones Day represented Grupo Kuo S.A.B. de C.V., one of the largest conglomerates in Mexico, in connection with an international offering of US$450 million of 5.750% Senior Notes due 2027.
  • Taseko Mines Limited completes $250 million Rule 144A and Regulation S offeringJones Day represented Taseko Mines Limited, a mining company focused on the operation and development of mines in North America, in connection with a Rule 144A and Regulation S offering of $250 million aggregate principal amount of 8.750% Senior Secured Notes due 2022.
  • PRO Securities LLC responds to inquiries by FINRA and SEC concerning plans to implement blockchain trading platformJones Day represented PRO Securities LLC, a broker-dealer/licensed alternative trading system, in inquiries by FINRA and the SEC concerning plans to implement a blockchain trading platform, including issues regarding compliance with books and records, custody, and trading obligations.
  • Speaking Engagements

    • October 15, 2019
      Virtual Token Issuance and Management (Panelist), IBM IT Services Legal Summit
    • May 10, 2018
      Blockchain for Lawyers, The New York City Bar Association
    We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.