Stacy J. Kanter
Corporate Finance Transactions
Stacy J. Kanter is co-head of Skadden’s global Corporate Finance practice. She represents corporate clients and investment banks in public and private offerings of equity and debt securities (both high-yield and investment grade), exchange offers, consent solicitations, corporate restructurings, and mergers and acquisitions. She has advised on numerous IPOs and other public and exempt offerings. In addition, Ms. Kanter counsels corporate clients on an ongoing basis, advising on disclosure issues, corporate governance and general corporate matters. Ms. Kanter is also co-chair of the firm’s global Diversity Committee.
In 2010, among other transactions, Ms. Kanter represented Mylan Inc. in three separate high-yield offerings totaling more than $2.3 billion; Gilead Sciences, Inc. in its $2.5 billion Rule 144A offering of convertible senior notes; and Endo Pharmaceuticals Inc. in its $400 million Rule 144A/Regulation S high-yield offering. Ms. Kanter represented DigitalGlobe, Inc. in its initial public offering and related issuance of secured debt as well as in its secondary offering of common stock. She also represented Realogy Corporation (an Apollo portfolio company) in the refinancing of approximately $2.7 billion of its indebtedness, which included exchange offers, consent solicitations and a $700 million offering of senior secured notes.
Ms. Kanter represented Rite Aid Corporation in its 2007 acquisition of the Eckerd and Brooks drugstore chains from the Jean Coutu Group of Canada, and the related high-yield financing transactions. In addition, since 1999, Ms. Kanter has advised Rite Aid Corporation in connection with restructuring its outstanding debt and equity capital structure, including a debt tender offer, consent solicitation, negotiated issuances of common and preferred stock in exchange for outstanding debt, offerings of common and convertible preferred stock, new credit facilities, and the issuance of secured and unsecured high-yield debt in numerous Rule 144A offerings.
Ms. Kanter has represented MacAndrews & Forbes Holdings Inc. and its subsidiaries in financing matters, including the initial public offerings of common stock by Revlon, Inc. and Consolidated Cigar Holdings Inc., and public and Rule 144A offerings of debt securities by Revlon; REV Holdings LLC; Allied Security Holdings LLC; Panavision, Inc.; Golden State Bancorp; The Coleman Company Inc.; and Consolidated Cigar Corporation and related holding companies. She represented Revlon in connection with exchanging a substantial amount of its outstanding debt for common stock and refinancing transactions involving new high-yield debt and secured credit facilities, and she represented Revlon in offerings of rights to purchase common stock. Her work with MacAndrews & Forbes has involved numerous transactions, including issues in connection with the merger of Golden State Bancorp into Citigroup and its resulting equity interest in Citigroup. These transactions have included block trades, forward sale transactions and margin loans.
Ms. Kanter also has represented clients such as DuPont Corporation; EnerSys; Russell Corporation; The Warnaco Group, Inc.; Cigna Corporation; UST Inc.; and AMERIGROUP Corporation in connection with various securities offerings and corporate advice. She has acted as designated underwriters’ counsel in connection with a number of offerings by Archstone-Smith Operating Trust; Host Hotels & Resorts, Inc. and Host Hotels & Resorts, L.P.; and International Paper Company. She also represented the underwriters in debt offerings by Ameriprise Financial Inc., Mellon Corporation, and Manufacturers and Traders Trust Company.
In addition, Ms. Kanter has considerable experience in the utility and energy industries, including representing NRG Energy, Inc. in public offerings of $3.6 billion of senior notes, one of the largest high-yield debt financings to date, as well as $1.5 billion of common stock and convertible preferred stock to finance NRG’s 2006 acquisition of Texas Genco LLC. In addition to her work with NRG, she also has represented Allegheny Energy, Inc. and underwriters in offerings by Pacific Gas and Electric Company and MidAmerican Energy Holdings Company, and its predecessors, and ArcLight Capital Partners and related companies.
In March 2013, Ms. Kanter was named a “Dealmaker of the Year” by The American Lawyer. She received the “Best in Capital Markets” 2012 Euromoney Women in Business Law Award. She is named by Chambers Global: The World’s Leading Lawyers for Business as one of the leading individual capital markets lawyers in New York for debt and equity. Additionally, Ms. Kanter repeatedly has been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business. One client quoted in Chambers appraising her approach said, “she managed the people, found the compromises, and was a calming influence on all concerned,” and Chambers noted that “she has the ability to make deals happen.” She also was selected for inclusion in The Best Lawyers in America and The Legal 500 United States. In addition, Ms. Kanter was included in Crain’s New York Business’ annual list of the 40 top business leaders under age 40. She is a member of the Securities Regulation Committee of the Association of the Bar of the City of New York. Ms. Kanter also lectures on business law at Johns Hopkins University.
J.D., Brooklyn Law School, 1984 (cum laude; Managing Editor, Brooklyn Law Review)
B.S., State University of New York at Albany, 1979 (magna cum laude)
Law Clerk, Honorable Raymond J. Dearie, United States District Judge for the Eastern District of New York (1986-1987)