Michael Chern

Michael Chern advises issuers, sponsors and investment banks on complex leveraged finance transactions.

Mr. Chern has particular experience counseling on acquisition financings, bond offerings, registered debt and equity offerings, investment-grade offerings, restructurings, consent solicitations and private placements, as well as other capital markets transactions. He has also advised companies on growth financings, mergers and acquisitions and corporate governance.

Notable representations, both while at Skadden and prior to joining the firm, have included advising:

• the initial purchasers in connection with the offering by Golar LNG Limited of $575 million of 2.75% convertible senior notes due 2030
• Sani/Ikos in connection with its offering of €300 million of senior secured notes
• Klöckner Pentaplast, a portfolio company of Strategic Value Partners, in connection with its €1.9 billion refinancing
• the initial purchasers on an aggregate of $3.5 billion of high-yield and investment-grade bond offerings by Aker BP
• Algeco Global S.à r.l., a portfolio company of TDR Capital, in connection with the offering by Algeco Global Finance plc of €175 million of senior secured notes
• Bain Capital, Cinven and Nidda Healthcare Holding GmbH in connection with the offering of €600 million of high-yield bonds
• United Group B.V., which is majority-owned by BC Partners, in connection with:
  • the financing aspects of its acquisition of Bulgarian Telecommunications Company EAD, including an offering of €1.2 billion of high-yield bonds, and an offering of an additional €625 million of high-yield bonds to refinance existing debt of United Group B.V.
  • the financing aspects of its acquisition of Tele2 Croatia, including an offering of €200 million of high-yield bonds
  • an offering of €550 million of high-yield bonds
• Smurfit Kappa Group in connection with its offering of €750 million 1.500% senior notes
• EG Group, a portfolio company of TDR Capital, in connection with the offering by EG Global Finance plc of $1.8 billion (equivalent) of senior secured notes
• Partners Group AG on the financing aspects of the acquisition of German energy services provider Techem from Macquarie, including the offering by Blitz F18-674 GmbH of €465 million of senior secured notes
• the initial purchasers in connection with Merlin Entertainments plc’s offering of $400 million senior notes
• Atlas Crest Investment Corp. on the capital markets aspects of its combination with Archer Aviation