Transactions
& Case Studies

Caraustar Industries Inc.’s Chapter 11 Reorganization

Date Announced:
8/4/2009

client:
Ad Hoc Group of Senior Noteholders of Caraustar Industries Inc.

Status:
Closed – 8/2009

Value:
$219 million

Clear Channel Communications, Inc.’s cash tender offer of bonds

Date Announced:
8/2/2009

client:
Clear Channel Communications, Inc.

Status:
Closed – 8/2009

Value:
$412 million

Pinnacle Entertainment, Inc.’s senior notes offering

Date Announced:
7/26/2009

client:
Pinnacle Entertainment, Inc.

Status:
Closed – 7/2009

Value:
$450 million

Univision Communications Inc.’s acquisition of WQXR-FM radio station

Date Announced:
7/14/2009

client:
Univision Communications Inc.

Status:
Closed – 7/2009

Value:
Undisclosed

Pilot Travel Centers LLC’s merger with Flying J Inc. and divestiture of certain locations

Date Announced:
7/13/2009

client:
Pilot Travel Centers LLC

Status:
Closed – 6/2010

Value:
$1.6 billion

New Vision Television, Inc.’s Chapter 11 Reorganization

Date Announced:
7/12/2009

client:
New Vision Television, Inc.

Status:
Closed – 9/2009

Value:
$409 million

Thule AB’s sale of Thule Towing Systems LLC to GRLC LLC

Date Announced:
6/25/2009

client:
Thule AB

Status:
Closed – 7/2009

Value:
Undisclosed

Tropicana Atlantic City Casino and Resort’s sale to lender group led by Icahn

Date Announced:
6/14/2009

client:
Trustee and Conservator of Tropicana Atlantic City Casino and Resort

Status:
Closed – 3/2010

Value:
$200 million

The Talbots, Inc.’s sale of J. Jill brand to Golden Gate Capital

Date Announced:
6/8/2009

client:
The Talbots, Inc.

Status:
Closed – 7/2009

Value:
Undisclosed

J.G. Wentworth’s Chapter 11 Reorganization

Date Announced:
5/31/2009

client:
J.G. Wentworth

Status:
Closed – 5/2009

Value:
$370 million

Wyle Holdings, Inc.’s sale to Court Square Capital Partners

Date Announced:
5/28/2009

client:
Wyle Holdings, Inc.

Status:
Closed – 6/2009

Value:
Undisclosed

Source Interlink Companies, Inc.' Chapter 11 Reorganization

Date Announced:
5/27/2009

client:
Source Interlink Companies, Inc.

Status:
Closed – 5/2009

Value:
$1.6 billion

Hartmarx Corp.’s 363 Sale

Date Announced:
5/27/2009

client:
Hartmarx Corp.

Status:
Closed – 6/2009

Value:
Undisclosed

Pappas Telecasting Companies' 363 Sale

Date Announced:
5/12/2009

client:
Pappas Telecasting Companies

Status:
Closed – 8/2009

Value:
$264 million

Energizer Holdings, Inc.’s follow-on equity offering

Date Announced:
5/10/2009

client:
Energizer Holdings, Inc.

Status:
Closed – 5/2009

Value:
$535 million Read the case study

Financial advisor, co-manager and underwriter to Energizer Holdings on its $535 million follow-on equity offering

On May 14, 2009, Energizer Holdings, Inc. (“Energizer,” NYSE: ENR), one of the world’s largest manufacturers and marketers of primary batteries, portable lighting products and personal care products in the wet shave, skin care, feminine care and infant care categories, announced the pricing of a public offering of 10.925 million newly issued shares of common stock at a price to the public of $49.00 per share ($535.3 million of gross proceeds). Proceeds were used to fund the acquisition of the Edge and Skintimate shaving gel business from SC Johnson and for general corporate purposes, including the repayment of indebtedness. Moelis & Company served as financial advisor to Energizer in connection with the common stock offering and assisted in evaluating a range of capital structure alternatives. The transaction was highly successful for Energizer, adding two leading personal care brands to its existing product portfolio, strengthening its wet shave product offering, reducing overall leverage and providing adequate capital for the company to pursue strategic initiatives, providing greater financial and operational flexibility, and helping to preserve the strength of its favorable (low cost) debt structure. Moelis & Company served as co-manager and underwriter for the common stock offering.

Transactions &
Case Studies


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