Insights

Choate Represents Underwriters in $1.4B Public Offering by Eversource Energy

Choate represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC, and U.S. Bancorp Investments, Inc. in a $1.4B public offering of Series FF and Series GG senior notes by Eversource Energy.

Choate Represents Underwriters in $1.2B Equity Refresh by Eversource Energy

Choate represented the managers led by Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC, and J.P. Morgan Securities LLC in an at-the-market equity refresh of common shares having an aggregate offering price of up to $1.2B.

Choate Represents Underwriters in $300M Public Offering by Eversource Energy

Choate represented the underwriters, led by Barclays Capital Inc., MUFG Securities Americas Inc., PNC Capital Markets LLC, and RBC Capital Markets, LLC, in a $300M public offering of 5.35% Series X First Mortgage Bonds by the Public Service Company of New Hampshire, doing business as Eversource Energy.

Choate Represents Underwriters in Remarketing of Avista's Revenue Refunding Bonds

Choate represented the underwriters – BofA Securities, Inc. and KeyBanc Capital Markets Inc. – in connection with the public remarketing of Avista's Pollution Control Revenue Refunding Bonds issued by the City of Forsyth, Montana.

Doug Gooding Named First Circuit Regent of the American College of Bankruptcy

Doug Gooding has been selected to serve a three-year term as the First Circuit Regent of the American College of Bankruptcy (ACB).

Finance and Restructuring Team Receives Two M&A Advisor Turnaround Awards

Choate's Finance & Restructuring team has been recognized in The M&A Advisor’s 18th Annual Turnaround Awards for the "Consumer Discretionary Deal of the Year (Under $100MM)" and the "Restructuring of the Year ($500MM to $1B)."

First Eagle Alternative Credit Leads $88M Term Loan Facility to Dorel

Choate represented First Eagle Alternative Credit as administrative agent to a group of lenders in an $88M senior secured term loan credit facility to Dorel Industries Inc., a global manufacturer of juvenile products and home furnishings.

Choate Elects Four to Partnership

Four Choate attorneys – Shaun Barnes, John Marshall Chambers, Shaina Wamsley London, and Rick Thide - have been elected to partnership of the firm, effective January 1, 2024.

Choate Represents Bank of America in Precedent-Setting Credit Facilities for Rite Aid Corporation

Representing Bank of America in connection with debtor-in-possession financings for Rite Aid Corporation and its subsidiaries, Choate secured final court approval for the largest ever retail and consumer product sector debtor-in-possession financing on December 22, 2023.