Andrew's practice focuses on corporate finance transactions, and general securities and corporate matters.
Andrew combines technical expertise and years of experience with an efficient, practical and problem-solving approach. Clients, including investment banks, issuers and sponsors, value Andrew's assistance in connection with a variety of public and private capital markets transactions, including high-yield and investment-grade bond offerings, leveraged financing commitments, equity offerings, sovereign offerings, exchange offers, tender offers and consent solicitations.
Clients regularly seek Andrew's advice to navigate the complexities of debt covenants, while balancing investor relations and other concerns.
Andrew has experience with transactions in a wide range of industries, including energy, oil and gas, industrials, consumer products and financial services. In addition to his United States domestic practice, he has worked on matters across the globe, including guiding clients through the challenges of significant transactions in Latin America and Europe.
Andrew also counsels clients on corporate governance matters and ongoing disclosure and compliance requirements under US securities laws, as well as the rules and regulations of the New York Stock Exchange and NASDAQ.
Representation of Inkia Energy Limited, a power generation company with operations in Latin America and the Caribbean, in connection with a US$300 million notes offering and a subsequent US$150 million notes offering. The proceeds of the latter offering were used in connection with I Squared Capital's acquisition of Inkia Energy. Andrew also represented Inkia Energy in connection with various tender offers and consent solicitations.
Andrew represented Sempra Energy, a Fortune 500 energy-services holding company, in connection with its US$4.0 billion bridge loan commitment provided by a group of lenders, including Morgan Stanley and RBC Capital Markets. The bridge loan commitment was entered into in connection with Sempra's US$9.45 billion acquisition of Energy Future Holdings, the indirect owner of a majority of Oncor Electric. The transaction, which created the largest utility holding company in the US, valued Oncor at US$18.8 billion. This transaction was named "M&A Deal of the Year" by The Deal in 2018.
Andrew represented Jefferies LLC in connection with the issuance by Taseko Mines Limited, a Canadian copper company, of US$250 million of senior secured notes.
Andrew represented Avon, the leading direct selling beauty company in the world, in connection with its issuance of senior secured notes and a concurrent multi-tranche tender offer.
Andrew represented Bank of America Merrill Lynch, Citigroup Global Markets and Credit Suisse Securities in connection with the issuance by Campbell Soup Company of US$300 million of notes. Andrew previously represented the underwriters in connection with several other notes offerings by Campbell Soup Company, including the offering of US$1.25 billion of notes related to Campbell's acquisition of Bolthouse Farms.
Andrew represented Calpine Corporation, the largest independent power generator in the United States, in connection with several public and private offerings of senior secured notes and senior notes in an aggregate amount in excess of US$11 billion.
Andrew represented Cnova N.V. and its parent company Groupe Casino, a leading global diversified retail group, in connection with the reorganization and spin-off of Groupe Casino's eCommerce businesses by means of a US$188 million IPO on NASDAQ.
Andrew represented independent power producer Dynegy Inc. in connection with several private offerings of senior notes and related tender offers, including its issuance of US$5.1 billion in aggregate principal amount of senior notes, a transaction which won International Financing Review's 2014 North America High Yield Bond of the Year award. Andrew also represented Dynegy in its US$722 million SEC-registered common stock offering, its US$388 million SEC-registered public offering of mandatory convertible preferred stock and its US$460 million SEC-registered public offering of tangible equity units.
Andrew represented Morgan Stanley, Bank of America Merrill Lynch and Wells Fargo Securities, as joint bookrunners, in connection with the issuance by United Rentals, the largest North American equipment rental company, of US$750 million of senior secured notes and an aggregate of US$2.075 billion of senior notes as part of United Rentals' acquisition of RSC Holdings.