Axalta Coating Systems Ltd., a global leader in the coatings industry, has announced that its indirect, wholly owned subsidiary, Axalta Coating Systems, LLC, priced its offering of US$700 million in aggregate principal amount of 3.375% Senior Notes due 2029. The size of the offering was increased by US$100 million from the previously announced offering size of US$600 million. The Notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, and outside the United States in compliance with Regulation S under the Securities Act.
Latham & Watkins LLP represented Axalta in the offering with a Washington, D.C.-based capital markets team led by partners Patrick Shannon and Jason Licht, with counsel Christopher Cronin and associates Lucas Balchun, Ajani Husbands, and Gabrielle Blum.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.