Transactions
& Case Studies

Symstream Technology Group’s convertible notes offering

Date Announced:
3/10/2011

client:
Symstream Technology Group

Status:
Closed – 3/2011

Value:
A$15 million

Cumulus Media Inc.’s acquisition of Citadel Broadcasting Corporation

Date Announced:
3/9/2011

client:
Board of Directors of Cumulus Media Inc.

Status:
Closed – 9/2011

Value:
$2.4 billion

USA Mobility, Inc.’s acquisition of Amcom Software, Inc.

Date Announced:
3/2/2011

client:
Board of Directors of USA Mobility, Inc.

Status:
Closed – 3/2011

Value:
$163 million

Real Estate Capital Partners USA Property Trust’s capital raise

Date Announced:
3/1/2011

client:
Real Estate Capital Partners USA Property Trust

Status:
Closed – 4/2011

Value:
A$37 million

Centro Properties Group’s sale of U.S. assets and platform to Blackstone Real Estate Partners VI, L.P.

Date Announced:
2/28/2011

client:
Centro Properties Group

Status:
Closed – 6/2011

Value:
$9.4 billion Read the case study

Trusted advisor to Centro Properties Group

On March 1, 2011, Centro Properties Group (“Centro” or “CNP”), Australia’s largest manager of retail property investment syndicates with 123 shopping centers in its Australian portfolio as well as 600 retail locations in the United States, announced the sale of its U.S. assets and platform, and intention to pursue a debt restructuring and a potential merger of its Australian interests. CNP and its managed funds entered into a binding stock purchase agreement to sell the Centro U.S. platform to BRE Retail Holdings, LLC, an affiliate of Blackstone Real Estate Partners VI, L.P. for an enterprise value of approximately $9.4 billion. Proceeds will be used to repay debt in accordance with CNP’s existing Stabilization Agreement.

On August 9, 2011, Centro announced that it had entered into an Implementation Agreement which sets out the terms of a restructuring proposal as agreed between more than 83% of CNP’s senior lenders as well as three funds in which CNP manages and holds investment interests: Centro Retail Trust (“CER”), Direct Property Fund (“DPF”) and Centro Australia Wholesale Fund (“CAWF”). The proposal involves a A$5.0 billion merger of the Centro Group’s Australian assets in conjunction with the cancellation of CNP’s senior debt of A$3.4 billion.

Moelis & Company brought together an integrated team of professionals in the U.S. and Australia with backgrounds in Restructuring, Mergers and Acquisitions and Real Estate to drive effective results. Moelis & Company acted as joint sale advisor to Centro on the sale of its U.S. interests and continues to act as restructuring advisor to CNP.

Inn of the Mountain Gods Resort and Casino's exchange offer

Date Announced:
2/6/2011

client:
Ad Hoc Noteholder Committee of Inn of the Mountain Gods Resort and Casino

Status:
Closed – 2/2011

Value:
$200 million

The Collective’s equity Private Placement

Date Announced:
2/4/2011

client:
The Collective

Status:
Closed – 2/2011

Value:
Undisclosed

Quality Distribution, Inc.’s follow-on offering

Date Announced:
2/3/2011

client:
Quality Distribution, Inc.

Status:
Closed – 2/2011

Value:
$38 million

NBC Universal, Inc.’s sale of KWHY-TV to the Meruelo Group

Date Announced:
1/25/2011

client:
NBC Universal, Inc.

Status:
Closed – 7/2011

Value:
Undisclosed

FairPoint Communications, Inc.’s Chapter 11 Reorganization

Date Announced:
1/23/2011

client:
Ad Hoc Committee of Senior Noteholders of FairPoint Communications, Inc.

Status:
Closed – 1/2011

Value:
$2.8 billion

MedQuist Inc.’s exchange offer

Date Announced:
1/20/2011

client:
Audit Committee of the Board of Directors of MedQuist Inc.

Status:
Closed – 1/2011

Value:
Undisclosed

CityCenter Holdings, LLC’s recapitalization

Date Announced:
1/13/2011

client:
CityCenter Holdings, LLC

Status:
Closed – 1/2011

Value:
$2.0 billion

Orkla ASA’s sale of Elkem AS to China National Bluestar Group

Date Announced:
1/10/2011

client:
Orkla ASA

Status:
Closed – 4/2011

Value:
$2.0 billion Read the case study

Exclusive financial advisor to Orkla ASA on the NOK 12.5 billion sale of Elkem AS to China National Bluestar Group

On January 10, 2011, Orkla ASA (“Orkla,” OSEBX: ORK), one of the largest companies on the Oslo stock exchange with a diversified portfolio strategy, entered into a binding agreement to sell Elkem AS, a global manufacturer of high quality and environmentally friendly produced metals and materials, for NOK 12.5 billion to China National Bluestar Group, which is 80% owned by the Chinese state-owned company China National Chemical Corporation and 20% by the Blackstone Group. Moelis & Company conducted a discreet and targeted process involving multiple buyers from different continents, each with specific deal structuring, approval and time constraints. The transaction successfully closed in April 2011. This transaction reinforced Moelis & Company’s track record of discreetly executing complex cross-border M&A and completing transactions with a Chinese buyer. Moelis & Company acted as exclusive financial advisor to Orkla.

Hugh M. Hefner’s sale of Playboy Enterprises to Icon Acquisition Holdings, L.P.

Date Announced:
1/9/2011

client:
Hugh M. Hefner

Status:
Closed – 3/2011

Value:
$312 million

Wynnchurch Capital Ltd.’s acquisition of Wolverine Advanced Materials and mezzanine financing and common equity

Date Announced:
12/29/2010

client:
Wynnchurch Capital Ltd.

Status:
Closed – 12/2010

Value:
Undisclosed

Transactions &
Case Studies


Download CSV