Add a bookmark to get started

16 April 20242 minute read

DLA Piper advises Dye & Durham in its US$950 million Refinancing Transactions

DLA Piper, with teams from Canada, the US, the UK and Australia, advised Dye & Durham, a leading provider of legal software, payments and banking infrastructure, in closing its previously announced ‎private offering of US$555 million ‎aggregate principal amount of its 8.625% senior secured notes due ‎‎2029, its previously announced US$350 million aggregate principal ‎amount senior ‎secured Term Loan B Facility, and its US$105 million ‎‎revolving credit facility (the Refinancing Transactions).‎ This was a debut offering in the US debt capital markets for Dye & Durham.

The DLA Piper Canada deal team was led by partner Ilia Danef (Toronto) and included partners Robbie Grossman and Sydney Kert (both in Toronto); associates Alexandra Steinberg and Sophie Gadbois (both in Toronto); and articling student Lindsay Borrell (Toronto).

The DLA Piper US deal team was led by partners Jamie Knox and Alan Rockwell (both in New York) and Marc Horwitz (Chicago) and included partner Anna Spence (Raleigh), and associates Gina Lee (Raleigh), Alexander Grynszpan (New York) and Chana Ben-Zacharia (Miami).

The DLA Piper UK team was led by partner Matthew Christmas (Manchester). The DLA Piper Australia team was led by partner Hugo Thistlewood (Sydney).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.

DLA Piper advises on all aspects of financing, across borders, sectors and financial products. The firm’s lawyers also advise issuers, underwriters, selling shareholders, sponsors, arrangers, lead managers, originators, dealers, trustees and depositaries on a broad range of capital markets offerings, including equity, equity-linked and debt securities, structured and project financings and securitizations.