Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
03.17.17
Pillsbury has advised leading enterprise software company CA, Inc. on an $850 million dual-tranche senior notes offering. The transaction was managed by J.P. Morgan, BofA Merrill Lynch and Morgan Stanley, which priced on March 15 and closed—on a T+2 basis—March 17.
CA intends to use the proceeds for general corporate purposes including financing of the company’s recent acquisition of a leading SAAS-based secure devOps platform provider Veracode. That purchase is expected to close in the first quarter of 2018.
The Pillsbury team advising CA on the matter included partner Todd Eckland and associate Lexi Calcado. Partners Harsha Reddy (Tax) and Peter Hunt (ERISA) and counsel Jessica Lutrin (ERISA) were also involved.
Regularly recognized for excellence by Chambers USA, The Legal 500 U.S. and U.S. News – Best Lawyers, Pillsbury’s Capital Markets team provides strategic guidance on all types of U.S. and international equity and debt transactions, from IPOs to follow-on and secondary common stock offerings and from convertible debt to high-yield and investment-grade secured and unsecured debt offerings. We also advise on Regulation D and other private placements, restricted securities resales under Rules 144 and 145, insider trading restrictions, Investment Company Act of 1940 compliance and exemptions, stock repurchase programs, and filings relating to significant stockholders and tender offers. Since 2010, Pillsbury has served as counsel in more than 400 public and other underwritten securities offerings with an aggregate value exceeding $150 billion. Maria Galeno is the relationship partner for CA.