Overview
Leia Pearl Andrew is a partner in the Capital Markets Practice Group in the New York office of Kirkland & Ellis LLP. She concentrates her practice on corporate finance transactions, securities offerings and corporate governance matters.
Leia advises public and private companies, investment banks and private equity firms on a multitude of legal matters, including debt and equity offerings, initial public offerings, special purpose acquisition company (SPAC) transactions, esoteric securitizations, cross-border transactions and securities law issues.
In addition, Leia counsels public companies in connection with ongoing disclosure obligations and corporate governance best practices and trends. She also assists clients in the preparation and review of SEC filings, including Forms 10-K, 10-Q, 8-K, proxy statements and Section 16 filings.
Experience
Representative Matters
Since joining Kirkland, Leia has been involved in the following matters:
- CCC Intelligent Solutions (NASDAQ: CCCS), a cloud-based SaaS platform for the insurance and automotive industries, and Advent International, on the underwritten secondary offering of 65 million shares of common stock by affiliates of Advent International, resulting in net proceeds of approximately $650 million
- Lannett, a manufacturer and distributor of generic pharmaceutical products, and its debtor affiliates in their prepackaged Chapter 11 filing in U.S. Bankruptcy Court
- InflaRx, a clinical-stage biopharmaceutical company, in:
- its $46 million underwritten public offering of ordinary shares following FDA emergency use authorization for its drug Gohibic (vilobelimab) for the treatment of critically ill, hospitalized COVID-19 patients
- the amendment of its co-development agreement with Staidson BioPharmaceuticals to support Staidson in its regulatory approval efforts for its proprietary drug candidate in China and concurrent $2.5 million PIPE investment from Staidson
- Eli Lilly, a worldwide research-based pharmaceutical company, in its $4 billion investment-grade notes offering
- Onit, a legal workflow and business process automation company and a K1 Investment Management portfolio company, in its $85 million preferred equity investment
- 3G Capital in the forward sale of shares of Restaurant Brands International, a multinational fast-food holding company comprised of Burger King, Popeyes Louisiana Kitchen and Tim Hortons
- Fortress Investment Group in its joint venture with Broad Street Realty, a fully integrated and self-managed real estate company, resulting in an $80 million preferred equity investment into a newly formed subsidiary and a property-specific $15 million mezzanine loan
- Aspen Surgical, a leading manufacturer of surgical disposables and an Audax Private Equity portfolio company, in connection with its preferred equity investment in Symmetry Surgical
- Guitar Center, a leading retailer of musical instruments, lessons, repairs and rentals in the United States, in connection with its add-on offering of $200 million aggregate principal amount of 8.500% senior secured notes due 2026
- Intelsat, operator of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity services, in its private placement of $3 billion high-yield senior notes in connection with its Chapter 11 bankruptcy
- RBC Bearings, an international manufacturer and marketer of highly engineered precision bearings and products, in its $1.1 billion concurrent offerings of common stock and mandatory convertible preferred stock and offering of $500 million high-yield senior notes to fund it acquisition of ABB’s DODGE mechanical power transmission business
- Underwriters in connection with BlackRock TCP Capital’s $150 million offering of notes
Prior to joining Kirkland, Leia was involved in the following matters:
- Underwriters in connection with Univision’s offering of $1.05 billion aggregate principal amount of 4.500% senior secured notes due 2029 (as part of the $2.1 billion debt financing package for the proposed business combination of the media content business of Televisa with Univision's business, which created the global leader in Spanish-language media — Televisa-Univision)
- ION Acquisition Corp 1 Ltd., a SPAC, in its $258.75 million IPO and subsequent $2.6 billion business combination with Taboola.com, a global leader in powering recommendations for the open web
- Ormat, a leading Israeli geothermal company, in its $350 million offering of common stock
- Tufin Software Technologies, a leading security policy management company, in its:
- shelf registration statement
- $78.6 million secondary follow-on offering
- $124 million IPO and listing on the NYSE (as the first Israeli-incorporated technology company to go public in the U.S. market since 2014)
- ReWalk Robotics, an Israeli-incorporated medical device company that designs, develops and commercializes robotic exoskeletons, in its:
- registered direct offering to certain institutional investors of 4,938,278 of its ordinary shares (priced at-the-market)
- issuance of unregistered warrants to purchase up to an aggregate amount of 2,469,139 ordinary shares
- filing of a registration statement on Form S-1 for the resale of ordinary shares issuable upon the exercise of warrants
- Advance Auto Parts, a leading automotive aftermarket parts provider in North America, in its:
- $350 million senior notes offering in an SEC-registered transaction
- $500 million senior notes offering in a private placement
- Kansas City Southern, a transportation holding company with railroad investments in the United States, Mexico and Panama, in its:
- $550 million senior investment-grade notes offering
- $850 million senior notes offering
- $500 million senior notes offering
- redemption of notes and $550 million accelerated share repurchase program
- Calpine, the largest independent power generator in the United States, in connection with a tack-on offering of $560 million senior secured notes
- Underwriters in connection with the following transactions by a bankruptcy-remote, indirect subsidiary of Planet Fitness, one of the largest and fastest-growing fitness center franchisors and operators in the U.S.:
- $550 million senior secured notes offering under a securitization transaction
- $1.2 billion senior secured notes offering under a whole business securitization transaction
- JBS, one of the world’s largest beef, pork, chicken and packaged food processing companies, and its subsidiaries in offerings in an aggregate principal amount of $2.25 billion, which included the following transactions:
- $1.25 billion senior notes offering by JBS subsidiaries
- cash tender offers by JBS subsidiaries
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Credentials
Admissions & Qualifications
- 2018New York
Education
- University of Pennsylvania Carey Law SchoolJ.D.2017
- Wharton School of the University of PennsylvaniaCertificate in Management2015
- Vanderbilt UniversityB.A., Public Policy2014