Paul W. Johnson III

Associate

达拉斯 + 1.214.969.4888

Paul Johnson is a federal tax lawyer practicing primarily in the areas of corporate tax, U.S. and cross-border M&A, financings, securities offerings, and tax-exempt entities. He advises clients from a wide variety of industries on tax-related issues, including federal and international tax planning, compliance, withholding, and reporting.

Paul has extensive experience in providing tax advice on offerings of U.S. and foreign issuer stock, investment-grade, high yield, and convertible notes and complex financial instruments. Paul also works with clients to secure and maintain tax-exempt status for nonprofit organizations and advises on the federal tax implications for these organizations. In addition, he advises clients with respect to the energy tax credits, including those introduced by the Inflation Reduction Act.

经验

  • OUTFRONT Media completes $500 million Senior Notes offeringJones Day advised OUTFRONT Media Inc., one of the largest providers of advertising space on out-of-home advertising structures and sites across the United States, in connection with the issuance by two of its wholly-owned subsidiaries of $500 million in aggregate principal amount of 6.000% Senior Notes due 2034 in a Rule 144A and Regulation S offering.
  • National Fuel Gas completes $1.5 billion Notes offeringJones Day represented National Fuel Gas Company in connection with its SEC-registered offering of $1.5 billion aggregate principal amount of Notes, including $500 million aggregate principal amount of 4.75% Notes due 2029, $500 million aggregate principal amount of 5.05% Notes due 2031, and $500 million aggregate principal amount of 5.50% Notes due 2036.
  • PNC Bank provides amendment and restatement of $350 million unsecured revolving credit facility for national foodservice distributorJones Day represented PNC Bank, National Association in connection with an amendment and restatement of its $350 million unsecured revolving credit facility to a national foodservice distributor.
  • Boviet Solar Technology sells U.S. PV module manufacturing and PV cell manufacturing assets to INOX Solar Americas for approximately $750 millionJones Day advised Boviet Solar USA Ltd, a leading solar technology company specializing in manufacturing top-performing Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, in the sale of its U.S.-based subsidiaries', Boviet Solar Technology (North Carolina) LLC, and Boviet Solar Cell Technology (North Carolina) LLC, assets to INOX Solar Americas, LLC, a U.S.-based renewable energy company backed by INOX Clean Energy Limited, for approximately $750 million.
  • GrafTech establishes $50 million at-the-market equity programJones Day represented GrafTech International Ltd. in connection with the establishment of an at-the-market equity program for the offering and sale of up to $50 million of its Common Stock.
  • Nanobiotix completes $100 million follow-on offering of ADSs, Ordinary Shares, and pre-funded warrantsJones Day represented Nanobiotix S.A., a late-clinical stage biotechnology company pioneering physics-based approaches to expand treatment possibilities for patients with cancer and other major diseases, in a global follow-on offering of American Depositary Shares, Ordinary Shares, and pre-funded warrants for an aggregate gross proceeds of approximately $100 million.
  • Georgia-Pacific completes $2 billion Senior Notes offeringJones Day represented Georgia-Pacific LLC (“Georgia-Pacific”) in connection with a Rule 144A and Regulation S offering of $700 million aggregate principal amount of 4.400% Senior Notes due 2029, $700 million aggregate principal amount of 4.600% Senior Notes due 2031, and $600 million aggregate principal amount of 4.900% Senior Notes due 2033.
  • VSE Corporation acquires Precision Aviation Group for $2.025 billionJones Day advised VSE Corporation in the $2.025 billion acquisition of Precision Aviation Group, Inc., a best-in-class global provider of aviation maintenance, repair, and overhaul (MRO) services, distribution, and supply chain solutions serving commercial, business and general aviation, rotorcraft, and defense end markets, from GenNx360 Capital Partners.
  • TransDigm completes additional $500 million Senior Subordinated Notes offering and incurs $1 billion of additional term loans under its term credit facilityJones Day represented TransDigm Group Incorporated ("TransDigm Group"), a leading global designer, producer and supplier of highly engineered aircraft components, in connection with the Rule 144A and Regulation S offering by its wholly-owned subsidiary TransDigm Inc. ("TransDigm") of an additional $500 million aggregate principal amount of 6.125% Senior Subordinated Notes due 2034 (the "Notes").
  • MPLX obtains $2.5 billion revolving credit facilityJones Day represented MPLX LP in connection with a new $2.5 billion revolving credit facility with Wells Fargo Bank, National Association, as administrative agent.
  • Underwriters complete $169.3 million Floating Rate Notes offering by Exxon Mobil CorporationJones Day advised the underwriters in connection with Exxon Mobil Corporation's SEC-registered offering of $169.3 million principal amount of Floating Rate Notes due 2076.
  • Cibus completes $15 million public offering of Class A Common StockJones Day represented Cibus, Inc. (NASDAQ: CBUS) in connection with its public offering of 6,976,744 shares of Cibus' Class A Common Stock for an aggregate purchase price of approximately $15 million.
  • Northern States Power completes $1.2 billion public offering of First Mortgage BondsJones Day represented Northern States Power Company, a Minnesota corporation and a wholly-owned subsidiary of Xcel Energy Inc., in connection with its underwritten public offering of $600 million aggregate principal amount of 4.85% First Mortgage Bonds, Series due May 15, 2036 and $600 million aggregate principal amount of 5.55% First Mortgage Bonds, Series due May 15, 2056.
  • Xcel Energy completes $800 million public offering of Junior Subordinated NotesJones Day represented Xcel Energy Inc. in connection with its underwritten public offering of $800 million aggregate principal amount of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series due 2056.
  • Omnicom Group completes offerings of $1.7 billion and €600 million of Senior NotesJones Day represented Omnicom Group Inc., a leading provider of data-inspired, creative marketing and sales solutions, in connection with its public offerings of $1.7 billion of U.S. dollar-denominated Senior Notes and of €600 million of Euro-denominated Senior Notes.
  • WESCO Distribution completes $1.5 billion Senior Notes offeringJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services and supply chain solutions, in connection with its $1.5 billion Rule 144A and Regulation S offering of Senior Notes, consisting of $650 million of 5.250% Senior Notes due 2031 and $850 million of 5.500% Senior Notes due 2034 by direct subsidiary of WESCO International, Inc.
  • SER Capital Partners sells minority interest in MicroGrid Networks to Palisade InfrastructureJones Day advised SEC Capital Partners in the sale of a minority interest in its portfolio company, MicroGrid Networks (MGN), to Palisade Infrastructure, to install battery energy storage systems across New York City.
  • TransDigm completes $1.2 billion Senior Subordinated Notes offering and incurs $800 million of new term loans under its term credit facilityJones Day represented TransDigm Group Incorporated (“TransDigm Group”), a leading global designer, producer, and supplier of highly engineered aircraft components, in connection with the Rule 144A and Regulation S offering by its wholly-owned subsidiary TransDigm Inc. (“TransDigm”) of $1.2 billion aggregate principal amount of 6.125% Senior Subordinated Notes due 2034 (the “Notes”).
  • MPLX completes $1.5 billion public offering of Senior NotesJones Day represented MPLX LP in connection with an SEC-registered offering of $1.5 billion aggregate principal amount of Notes, including $1 billion of 5.300% Senior Notes due 2036 and $500 million of 6.100% Senior Notes due 2056.
  • Underwriters complete €2.5 billion Senior Notes offering by PepsiCoJones Day represented the underwriters in connection with the public offering by PepsiCo, Inc., a leading global beverage and convenient food company, of €2.5 billion of Euro-denominated Senior Notes, consisting of €500 million of Floating Rate Notes due 2028, €650 million of 3.300% Senior Notes due 2034, €850 million of 3.700% Senior Notes due 2038, and €500 million of 4.150% Senior Notes due 2047.