Wayne E. Williams
Partner
Transactional
Overview
Wayne Williams is a corporate partner in the Capital Markets Group. His primary practice areas include capital markets transactions (including transactions involving special purpose acquisition companies - SPACs), corporate restructurings and public and private mergers and acquisitions. Wayne has significant experience in high yield debt offerings and other securities-related transactions, including private placements of securities, exchange offers and related transactions in connection with out-of-court restructurings. Wayne also counsels U.S. and non-U.S. public companies with regard to United States securities regulations and other corporate matters, including corporate governance, Exchange Act periodic reporting and disclosure issues, stock exchange requirements and Section 16 matters.
Experience
Representative Matters
SPAC IPOs
- Executive Network Partnering Corporation
- Periphas Capital Partnering Corporation
- Equity Distribution Acquisition Corp.
- Horizon Acquisition Corp
- Horizon Acquisition Corp II
Issuer-Side Securities Offerings
- Solera Holdings, Inc. in the offering of $850 million senior notes.
- Zebra Technologies in the offering of $1.05 billion of senior notes.
- Navistar International Corporation in the offering of $370 million senior subordinated convertible notes.
- Urban One, Inc. in the offering of $335 million in senior subordinated notes.
- Smurfit Kappa Group in its €400 million offering of senior secured notes.
- Six Flags Entertainment in its $800 million offering of senior notes.
- Enova International, Inc. in its offerings of $375 million and $250 million of senior notes.
- Oaktree Capital Management, L.P. in its $85 million PIPE investment in SunOpta Inc.
- A national company in its $235 million offering of senior secured notes in acquisition financing.
- A national rental equipment company in its $300 million offering of second lien senior secured notes.
- A multi-national consumer goods company in its $500 million offering of floating rate senior notes.
- A public construction services company in its $300 million offering of senior notes.
- Horsehead Holding Corp. in its $100 million initial public offering of common stock and $85 million shelf takedown of common stock.
Restructuring Related Matters
- Corporate and securities matters in connection with the Chapter 11 restructuring of Seadrill Limited, including the issuance of $880 million in secured notes.
- Corporate and securities matters in connection with the Chapter 11 restructuring of Caesars Entertainment Operating Company, including the issuance of first priority and second priority secured notes.
- Corporate and securities matters in connection with the Chapter 11 restructuring of Energy Future Holdings Corp.
- Represented an ad hoc group of investors in connection with their full backstop of approximately $250 million in rights offerings for second lien priority senior secured notes and warrants exercisable for approximately 95% of the company’s new equity, effectuated through the Chapter 11 plan of reorganization of Patriot Coal Corporation.
- Corporate and securities matters in a bankruptcy restructuring of a consumer food product business involving approximately $530 million of indebtedness and a rights offering.
- Corporate and securities matters in the out-of-court restructuring of a specialty repair and industrial cleaning business involving approximately $500 million of indebtedness and a private exchange offer for its outstanding debt securities.
- Radio One, Inc. in its private exchange offer for its outstanding debt securities.
- YRC Worldwide, Inc. in its out-of-court restructurings, including its registered exchange offer for its outstanding debt securities, its registered exchange offer for its secured debt and its private placement of convertible debt securities.
- Broder Bros. Co. in its private exchange offer for its outstanding debt securities.
Public and Private Mergers and Acquisitions
- Executive Network Partnering Corp. (NYSE: ENPC), a special purpose acquisition entity, in its $1.3 billion business combination with Grey Rock Investment Partners, a Dallas-based investment firm, resulting in the formation of publicly traded Granite Ridge Resources, Inc.
- A public global electronics component manufacturer in its joint venture with a subsidiary of a multi-national Japanese corporation.
- A management consulting firm in its sale to an Indian consulting company.
- A private equity firm in its acquisition of a supply chain management services provider and its subsequent add-on acquisitions.
- A private equity firm in its sale of a national provider of employee benefit and payroll solutions.
Prior Experience
Wayne held engineering, marketing and business line management positions in telecommunications and networking companies prior to practicing law.
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Credentials
Admissions & Qualifications
- 2006Illinois
Education
- University of Texas at Austin School of LawJ.D.with High Honors2006
Order of the Coif
Articles and Notes Editor, Texas International Law Journal
- University of PhoenixM.B.A.1989
- University of British ColumbiaB.A.Sc., Engineering Physicswith Honors1980
News &
Insights
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