BrianHart

A Jenner & Block team advised Silgan Holdings Inc. (Silgan) in closing its acquisition of Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food, and healthcare products, for an enterprise value of €838 million. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies, including significant clean room capabilities. Silgan enter

A cross-office Jenner & Block team represented Silgan Holdings Inc. (Silgan) in entering into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food, and healthcare products, for an enterprise value of €838 million. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with  approximately 4,000 employees and proprietary manufacturing technologies including sign

Theratechnologies Inc., a Montreal based biopharmaceutical company focused on the development and commercialization of innovative therapies, secured a $100 million non-dilutive term loan from Marathon Asset Management. A portion of the loan proceeds will be used to repurchase some of the company’s outstanding convertible notes. The Credit Agreement was signed on July 20th.

Jenner & Block represented Synalloy Corporation in its acquisition of DanChem for $33 million. Synalloy is an industrials company focused on the production and distribution of piping, tubing, and specialty chemicals. DanChem is a leading, full-service specialty chemicals contract manufacturing organization with three production plants located on an owned 55-acre campus in Danville, Virginia. The DanChem facility is particularly unique, boasting the largest fleet of horizontal reactors in the ind

On May 27, 2021, firm client Shift Technologies, Inc., a leading end-to-end ecommerce platform for buying and selling used cars, completed a  convertible debt offering. In a press release, the company announced the pricing of an upsized offering of $125 million aggregate principal amount of 4.75% convertible senior notes due 2026 in a private offering. Shift also granted the initial purchasers of the notes an option to purchase up to an additional $25 million aggregate principal amount of the

On February 3, Silgan Holdings Inc. announced that it had priced its previously announced private offering of senior secured notes.  Silgan announced that it had entered into an agreement to sell $500 million aggregate principal amount of its 1.4% Senior Secured Notes due 2026 at 99.945 percent of their principal amount.  The transaction is expected to close on or about February 10.  The new notes will mature on April 1, 2026.

Jenner & Block is monitoring the guidance being adopted and/or issued from a variety of federal, state and local agencies.  As part of a series of updates, this alert summarizes the Small Business Administration’s (SBA) expansion of Economic Injury Disaster Relief Loans, authorized under the Coronavirus Preparedness and Response Supplemental Appropriations Act, to small businesses and private non-profit organizations in certain affected areas of the US and Chicago’s Small Business Resiliency Fun