Cases & Deals

International Coal Group completes three public offerings concurrently with two cash tender offers

Clients International Coal Group, Inc.

Jones Day advised International Coal Group, Inc., a leading coal mining company in Northern and Central Appalachia, in connection with (i) debt-for-equity exchanges of Common Stock for International Coal Group, Inc.'s 9.00% Convertible Senior Notes due 2012 under Section 3(a)(9) of the Securities Act, (ii) the $109.3 million public offering of Common Stock, underwritten by UBS Securities LLC and Morgan Stanley & Co. Incorporated, (iii) the $115 million public offering of 4.00% Convertible Senior Notes due 2017, underwritten by UBS Securities LLC and Morgan Stanley & Co. Incorporated, and (iv) the $200 million public offering of 9.125% Senior Secured Second-Priority Notes due 2018, underwritten by UBS Securities LLC and Morgan Stanley & Co. Incorporated.

In combination with the public offerings, Jones Day also advised International Coal in connection with (v) a cash tender offer for any and all of International Coal Group, Inc.'s $139.5 million aggregate principal amount of outstanding 9.00% Convertible Senior Notes due 2012 and (vi) a cash tender offer for any and all of International Coal Group, Inc.'s $175 million aggregate principal amount of outstanding 10.25% Senior Notes due 2014 and related consent solicitation to amend the indenture under which the 10.25% Senior Notes due 2014 were issued.