Willkie Farr & Gallagher LLP

09/26/2025 | News release | Distributed by Public on 09/26/2025 08:39

Willkie Advises Platinum Equity and Solenis in Successful Pricing of $2.5 Billion High-Yield Bond Offering

News & Insights

Willkie Advises Platinum Equity and Solenis in Successful Pricing of $2.5 Billion High-Yield Bond Offering

News

share

September 26, 2025

Willkieadvised sponsor Platinum Equity and its portfolio company Solenis on the offeringof $1.58 billion 7.250% senior secured notes due 2033 and €830 million 6.125% senior secured notes due 2033. The net proceedsfrom the sale of the notes will be used to repay Solenis' 9.750% USD senior secured notes and 9.625% EUR senior secured notes due 2028.

BofA Securities, Inc. acted as representative on behalf of each of the initial purchasers of the USD notes and Merrill Lynch International as representative of each of the initial purchasers of the EUR notes in connection with the offering.

Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets.

Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world.

The Willkie bond team was led by partners Jennifer Tait and David Griffiths in London in coordination with partner Cristopher Greer in New York, and included London associates Snaebjorn Olafsson, Diana Balassiano and Panos Maniatis and trainee solicitor Ellen Gribben.

Jennifer Tait Partner Capital Markets London [email protected] +44 20 3580 4729
David Griffiths Partner Corporate & Financial Services London [email protected] +44 20 3580 4738
Cristopher Greer Partner Corporate & Financial Services New York [email protected] +1 212 728 8214
Snaebjorn Olafsson Associate Corporate & Financial Services London [email protected] +44 20 3580 4750
Diana Balassiano Associate Corporate & Financial Services London [email protected] +44 20 3580 4967
Panos Maniatis Law Clerk Corporate & Financial Services London [email protected] +44 203 580 4984
Ellen Gribben Trainee Solicitor Corporate & Financial Services London [email protected] +44 20 3580 4877

Related Practice Areas

Corporate & Financial Services Finance Capital Markets Private Equity Chemicals

Related Locations

London

Citypoint, 1 Ropemaker Street
London EC2Y 9AW

New York

787 Seventh Avenue
New York , NY 10019-6099

Willkie Farr & Gallagher LLP published this content on September 26, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 26, 2025 at 14:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]