Overview
International law firm McDermott Will & Emery represented American Builders & Contractors Supply Co. Inc. (ABC Supply), a roofing product distribution company, in placing $400 million of 3.875% senior notes due 2029. Proceeds of the notes and the cash on hand will fund a tender offer for the company’s outstanding $600 million of 5.875% senior notes due 2026, to pay the tender premium, and to pay related fees and expenses.
- The deal closed on May 13, 2021.
- BNP Paribas led the offering, which was upsized from $350 million.
- The McDermott team was led by Stephanie McCann and included Heidi Steele, George Houhanisin, Richard Bass, Leigh Ratino, Rohit Sengupta, Fitsum Tilahun, Caitlin Harrington, Justin Sia and Atoosa Nowrouzi.
Read ABC Supply’s announcement here.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
