Transactions
& Case Studies

Noranda Aluminum Holding Corporation’s initial public offering

Date Announced:
5/12/2010

client:
Noranda Aluminum Holding Corporation

Status:
Closed – 5/2010

Value:
$92 million

Canwest L.P.’s acquisition of substantially all of the assets of Canwest L.P.

Date Announced:
5/9/2010

client:
Investor Group

Status:
Closed – 7/2010

Value:
C$1.1 billion

Beazer Homes USA, Inc.’s public offering of common stock, tangible equity units and senior unsecured notes

Date Announced:
5/2/2010

client:
Beazer Homes USA, Inc.

Status:
Closed – 5/2010

Value:
$448 million

LyondellBasell’s Chapter 11 Reorganization

Date Announced:
4/29/2010

client:
Ad Hoc Group of Senior Secured First Lien Lenders of LyondellBasell

Status:
Closed – 4/2010

Value:
$24.0 billion Read the case study

Financial advisor to the Ad Hoc Group of First Lien Lenders of LyondellBasell on its $24.0 billion Chapter 11 Reorganization

On April 30, 2010, LyondellBasell Industries N.V. (“LyondellBasell,” NYSE: LYB), the world’s third largest independent chemical company based on revenues, successfully emerged from Chapter 11 bankruptcy. The company voluntarily filed for Chapter 11 bankruptcy, resulting from a sudden loss of liquidity caused by the rapidly deteriorating economic environment, in January 2009. Moelis & Company served as financial advisor to the Ad Hoc Group of First Lien Lenders and participated in all aspects of the restructuring process, including leading business due diligence, analyzing alternative plan structures, structuring the rights offering, evaluating exit financing structures, negotiating settlements with other creditor constituencies and assisting in the development and negotiation of the plan of reorganization. Additionally, Moelis & Company was integral in negotiating and structuring LyondellBasell’s $2.8 billion rights offering that was backstopped by members of the Ad Hoc Group as well as the $7.2 billion exit financing. Moelis & Company also acted as the Ad Hoc Group’s principal advisor in connection with negotiating the $6.5 billion Debtor-in-Possession (“DIP”) Term Loan, assembling one of the largest DIP financings ever during a period of great uncertainty in the credit markets.

Jackson Hewitt Tax Service Inc.’s credit facility amendment

Date Announced:
4/29/2010

client:
Jackson Hewitt Tax Service Inc.

Status:
Closed – 4/2010

Value:
$400 million

Aspect Software, Inc.’s second lien secured notes offering

Date Announced:
4/29/2010

client:
Aspect Software, Inc.

Status:
Closed – 4/2010

Value:
$300 million

Atrium Companies, Inc.’s Chapter 11 Reorganization consummated through sale of the company to Golden Gate Capital and Kenner & Company

Date Announced:
4/27/2010

client:
Atrium Companies, Inc.

Status:
Closed – 4/2010

Value:
$682 million

RPK Capital Management Group, LLC’s equity partnership with The Carlyle Group

Date Announced:
4/21/2010

client:
RPK Capital Management Group, LLC

Status:
Closed – 4/2010

Value:
$600 million

T-System, Inc.’s capital investment from Francisco Partners

Date Announced:
4/21/2010

client:
T-System, Inc.

Status:
Closed – 4/2010

Value:
Undisclosed

Cornell Companies, Inc.’s sale to The GEO Group, Inc.

Date Announced:
4/18/2010

client:
Special Committee of the Board of Directors of Cornell Companies, Inc.

Status:
Closed – 8/2010

Value:
$685 million

Roundy’s Supermarkets, Inc.’s second lien term loan

Date Announced:
4/15/2010

client:
Roundy’s Supermarkets, Inc.

Status:
Closed – 4/2010

Value:
$150 million

Thule AB’s sale of legacy acquisition debt and product liability

Date Announced:
4/15/2010

client:
Thule AB

Status:
Closed – 4/2010

Value:
Undisclosed

Metals USA, Inc.’s initial public offering

Date Announced:
4/7/2010

client:
Metals USA, Inc.

Status:
Closed – 4/2010

Value:
$240 million

New Vision Television, Inc.’s senior secured credit facility

Date Announced:
3/29/2010

client:
New Vision Television, Inc.

Status:
Closed – 3/2010

Value:
$35 million

Cleveland Unlimited, LLC’s sale of minority stake in LCW Wireless, LLC to Leap Wireless, Inc.

Date Announced:
3/29/2010

client:
Cleveland Unlimited, LLC

Status:
Closed – 3/2010

Value:
Undisclosed

Transactions &
Case Studies


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