Penny's representative securities transactions include:

  • Maryland counsel in connection with US$180 million public offering of common stock for NYSE-listed REIT
  • Company counsel in connection with US$45 million direct placement of common stock for W.P. Carey Inc. (NYSE: WPC)
  • Maryland counsel in connection with US$275 million senior notes offering and related tender offer to repurchase approximately US$400 million in senior notes
  • US company counsel in connection with US$80 million private placement in Canadian cloud-based learning solutions developer
  • Underwriter's counsel in connection with the US$43 million reopened public offering of Series A cumulative redeemable perpetual preferred shares for an NYSE-listed Maryland REIT
  • Company counsel for US$300 million equity commitment by a private equity fund in a private institutional pharmacy, including a recapitalization of outstanding preferred and common stock and convertible debt securities and warrants
  • Maryland counsel in connection with the public offering of US$250 million convertible senior notes by an NYSE-listed Maryland corporation
  • Underwriter's counsel in connection with at the market offering of common shares for an NYSE-listed Maryland REIT
  • Underwriters' counsel in connection with US$111 million public offering of Series A cumulative redeemable perpetual preferred shares for an NYSE-listed Maryland REIT
  • Underwriters' counsel in connection with US$170 million public offering of common shares for an NYSE-listed Maryland REIT
  • Underwriters' counsel in connection with US$75 million public offering of common shares for an NYSE-listed Maryland REIT
  • Company counsel in connection with US$150 million private placement by a private equity fund of Series E preferred stock for a private video game developer and publisher
  • Company counsel in connection US$250 million Rule 144A offering of convertible senior notes for an NYSE-listed company
  • Company counsel in connection with US$300 million private placement by a private equity fund of Series D preferred stock for a private video game developer and publisher

Penny's representative mergers and acquisitions transactions include:

  • TeleCommunication Systems, Inc. (NASDAQ: TSYS) US$20 million acquisition of microDATA GIS, Inc.
  • CAE Healthcare's (a CAE business, NYSE: CAE) US$20 million acquisition of Advanced Medical Technologies, LLC
  • Maryland counsel in connection with W.P. Carey Inc.'s (NYSE: WPC) acquisition of CPA®15
  • CAE Healthcare's US$130 million acquisition of Medical Education Technologies, Inc.
  • Private video game developer and publisher's acquisition of a French software and game development studio and its US subsidiary
  • Chesapeake Sciences Corporation's US$80 million acquisition by L-3 Communications Corporation
  • Artesian Water Maryland's acquisition of certain water system assets from Cecil County, Maryland
  • A private video game developer and publisher's US$150 million acquisition of a US video game development studio