McGuireWoods Securities Team Represents Underwriters in $690 Million Convertible Bond Offerings
December 12, 2013
In December 2013, a team of McGuireWoods corporate and securities attorneys, led by partner Stephen Older and associate Rakesh Gopalan, provided legal counsel to the underwriters in connection with the registered public offering and settlement of $690 million of two series of convertible senior notes of American Realty Capital Properties, Inc. (ARCP), a publicly traded NASDAQ-listed real estate investment trust (REIT) with a market capitalization of $2.4 billion. Barclays Capital Inc. and Citigroup Global Markets, Inc. served as the lead underwriters for the syndicate, which consisted of Credit Suisse (USA) LLC, Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Capital One Securities, Inc. and JMP Securities LLC. Associates David Wolpa, Lindsay Schall and Alex Scharyj also provided assistance with this transaction.