Brett Cassidy is a corporate partner in Latham & Watkins’ London office where he has practiced law since 2000. Mr. Cassidy was previously in the Los Angeles office and has practiced law with the firm since 1998. He is a member of the firm’s Capital Markets Practice and Leveraged Finance Practice.
Mr. Cassidy’s practice focuses on capital market securities matters and leveraged finance, which to date has included a variety of public and private securities offerings (including Rule 144A offerings), leverage and acquisition financing, bridge financing, restructuring and tender offers, exchange offers, and other liability management transactions, with an emphasis on representing investment banking clients and private equity portfolio companies with respect to high yield debt products. He also advises corporate clients concerning compliance with registration and reporting provisions of the US Securities Act of 1933 and the US Securities Exchange Act of 1934.
Examples of Mr. Cassidy’s most recent representations include advising:
- Credit Suisse, BNP Paribas, and HSBC as representatives of the initial purchasers on the €600 million Senior Secured Notes offering by INEOS Styrolution
- Credit Suisse as representative of the initial purchasers on multiple offerings of Senior Secured Notes and PIK Toggle Notes of Together Money, a specialist mortgage lender
- Pinewood Studios on its £550 million Senior Secured Notes offering
- Schoeller Allibert, a reusable packaging manufacturer, on its €350 million Senior Secured Notes offering
- The initial purchasers on multiple offerings of Senior Secured Notes of Drax Group
- Barclays and J.P. Morgan as representatives of the initial purchasers on multiple offerings of Senior Secured Notes and Senior Notes of INEOS Group
- J.P. Morgan and BofA Securities on the US$510 million Senior Notes offering by WOM Mobile, a telecommunications company
- Barclays, Lloyds, and Morgan Stanley on the £350 million First Lien, Secured Notes and £130 million Second Lien Secured Notes offering by Matalan
- The initial purchasers on the Senior Secured Notes, Senior Notes, and Tack-On offering by Algeco
- Credit Suisse, J.P. Morgan, and Barclays on the £225 million Senior Secured Notes offering by Yell Bondco (Hibu)
- Credit Suisse and UniCredit on the €450 million Senior Secured Notes offering by CBR Fashion
- Morgan Stanley on the €325 million Senior Secured Floating Rate Notes offering by AnaCap Financial Europe S.A., a European financial services private equity firm. This deal was awarded ‘High Yield Deal of the Year 2018’ by IFLR1000.
- J.P. Morgan and HSBC on the £563 million Senior Secured Notes offering in connection with Mumtalakat’s acquisition of McLaren Automotive Limited and McLaren Technology Group Limited
- Merlin Entertainments, a UK-based leisure company, on its US$400 million Senior Notes offering
- Credit Suisse, Citi, HSBC, and RBS on the £425 million Senior Secured Notes offering by NewDay, a UK-based consumer credit provider
- J.P. Morgan and BofA Merrill Lynch on the €500 million Senior PIK Toggle Notes offering by Play Topco SA, a holding company of Play, the second largest mobile network operator in Poland
- A syndicate of banks led by Deutsche Bank on the £150 million Second Lien Notes offering by Moto Finance, the largest motorway service area operator in the UK
- Goldman Sachs, Deutsche Bank, J.P. Morgan, and Morgan Stanley on the €940 million Senior Secured Floating Rate Notes offering by Synlab, a European laboratory services company
- Citigroup, Barclays, and ING Bank on the US$1.2 billion Senior Notes offering by Global Telecom Holding