Now Reading: Latham & Watkins Advises on US Foods’ Private Offering of US$500 Million of Senior Unsecured Notes
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Latham & Watkins Advises on US Foods’ Private Offering of US$500 Million of Senior Unsecured Notes
Latham & Watkins Advises on US Foods’ Private Offering of US$500 Million of Senior Unsecured Notes
Firm represents the initial purchasers in the offering by one of America’s largest food distribution companies.
US Foods Holding Corp. (NYSE: USFD), one of America’s largest food distribution companies, has announced that its wholly owned subsidiary, US Foods, Inc., has priced an offering of US$500 million aggregate principal amount of 5.75% senior unsecured notes due 2033. The closing of the offering is expected to occur on October 3, 2024, subject to customary closing conditions.
Latham & Watkins LLP represents the initial purchasers in the offering with a capital markets team led by New York/Washington, D.C. partner Jason Licht and Washington, D.C. counsel Christopher Cronin, with associates Jack Anderson, Thalia Garcia, and Claudia Dubay. Advice was also provided on tax matters by New York partner Elena Romanova, with associates Michael Yu and Tessa Young; and on finance matters by New York partner Michèle Penzer, with associates Julia Albrecht and Fizza Hasan.
