Latham & Watkins Advises Lineage in US$500 Million Senior Notes Offering

Lineage, Inc. (NASDAQ: LINE) (the Company) announced that Lineage OP, LP (the Operating Partnership), a direct subsidiary of the Company, closed an offering of US$500 million aggregate principal amount of 5.250% Senior Notes due 2030. The notes were priced at a price of 98.991% of the principal amount. The notes are senior unsecured obligations of the Operating Partnership and are fully and unconditionally guaranteed by the Company, Lineage Logistics Holdings, LLC, and each other subsidiary of the Company (other than the Operating Partnership and certain excluded subsidiaries) that guarantees or is otherwise obligated in respect of the Company’s revolving credit and term loan agreement.

Latham & Watkins LLP represented Lineage in the offering with a corporate team led by Century City/New York partner Lewis Kneib, Century City partner Brent Epstein, and Los Angeles counsel Devon MacLaughlin, with associates Eric Finkelberg, Tristan Schmoor, and Steve Hess. Advice was also provided on tax matters by Century City/Los Angeles partners Pardis Zomorodi, Eric Cho, and Century City counsel Will Kessler, with associates Ryan Brenner and Cole Frost, and on finance matters by New York partner Kendra Kocovsky.