Baker McKenzie has advised Inc on its $600 million senior secured second lien notes offering (upsized from $500 million). Wells Fargo led the syndicate of 13 underwriter banks.

Wells Fargo Securities acted as lead left joint-book running manager, Citigroup, Capital One Securities, BofA Securities, Fifth Third Securities, J.P. Morgan, Goldman Sachs & Co. LLC, Mizuho, MUFG, SMBC Nikko, Truist Securities and Regions Securities LLC acted as joint-book-running managers, and US Banccorp acted as co-manager.

The Baker McKenzie team was led by partners Marc Paul (Washington D.C.), Rob Mathews (London, UK) and Ben Bierwirth (London, UK), senior associate Adam Buehler (Miami, FL), supported by associates Alexander Fields (New York, NY), Henry Gee (London, UK) and Helen Aihevba (Washington DC).

The bond offering closed on April 16, 2024.

“It has been a pleasure working with EquipmentShare on our third bond offering together in less than a year, demonstrating the company’s continued dynamic management of its capital structure,” said Marc Paul, principal at Baker McKenzie’s Washington, DC office and former head of the firm’s North American transactional practice. “It is particularly exciting to work with a company that is disrupting an entire industry.”

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