Cases & Deals

Molycorp completes offerings of Common Stock and Convertible Senior Notes

Clients Molycorp, Inc.

Jones Day advised Molycorp, Inc., a U.S. rare earths producer and technology company, in connection with its public offering of 43,125,000 Common Shares and 6,666,666 Borrowed Shares (Common Shares borrowed pursuant to a Share Lending Agreement) and concurrent offering of $172.5 million aggregate principal amount of 5.50% Convertible Senior Notes due 2018.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, and Goldman Sachs & Co. acted as joint bookrunners for the Common Shares offering. Morgan Stanley & Co. LLC acted as sole bookrunner for the Borrowed Shares offering. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC acted as joint bookrunners for the Notes offering.