Kirkland & Ellis LLP has a prolific record in high-yield debt offerings stems from its extensive private equity client base, enabling it to advise a raft of sponsor-backed companies in connection with issuances linked to leveraged financings. The firm also has a wider range of larger corporate clients that it advises on high-yield transactions; it recently advised Charter Communications on a series of bulge-bracket high-yield offerings. The firm also has standout capabilities in liability management transactions, and refinancings and restructurings that involve debt offerings. Joshua Korff, Sophia Hudson and Christian Nagler are experienced capital markets specialists with extensive records in the high-yield field. Houston’s Matthew Pacey is another key partner. All named individuals are based in New York unless stated otherwise.
Key clients
- Alight, Inc.
- Allegion
- Ares Management
- At Home
- Bed Bath & Beyond
- Blue Owl Capital Inc.
- Callon Petroleum Company
- Carvana Co.
- Charter Communications
- Civitas Resources
- Eli Lilly
- GTCR
- Intuitive Machines
- John Deere
- Kellogg
- Kodiak Gas Services
- Shoals Technologies Group
- Vericast Corp.
- Vista Equity Partners
- WeWork
Work highlights
- Advised Charter Communications in connection with multiple high-yield bond issuances including the sale of $1.5bn 6.500% senior unsecured notes due 2029 and the sale of $1.1bn 7.375% senior unsecured notes due 2031 in January 2023.
- Advised global pharmaceutical company Teva Pharmaceutical Industries on an approximately $2.5bn offering (upsized from $2bn) of Sustainability-Linked Senior Notes.