Latham Advises on Financings Totaling US$2.82 Billion for Lindsay Goldberg’s Strategic Investment in Alro Steel

Latham & Watkins represented Lindsay Goldberg in financing transactions totaling US$2.82 billion, including US$935 million aggregate principal amount of 7.375% senior secured notes due 2033, a new senior secured first-lien term loan facility in an aggregate principal amount of US$1.135 billion, and a new senior secured asset-based revolving credit facility with commitments of US$750 million.

Partner Jason Licht and counsel Christopher Cronin led the Latham Capital Markets team, with associates Jack Anderson, Katya Roze, Sarah Branch, and Lydia Kim. Partner Kendra Kocovsky led the Latham Banking & Private Credit team, with associates Melissa Doura, Jolena Sun, Danielle Stobie, Selena Phung, and Henry Colocotronis. Advice was provided on corporate matters by partners Paul Kukish and Eyal Orgad; on tax matters by partner Eric Kamerman, with associate Grace Jang; on data privacy and cybersecurity matters by partner Robert Brown; on environmental, health, and safety matters by partner Gary Gengel, with associate Tyler Krenek; on executive compensation, employment, and benefits matters by partner Josh Friedman, with associates Robin Hellebrekers and Ellie Graham; on intellectual property matters by partner Jeffrey Tochner; on real estate matters by counsel Shira Bressler, with associate Brandon Hemans; and on compliance matters by associate C.J. Rydberg.