Insight
Winston Represents KeHE Distributors, LLC in a $250.0 Million Senior Secured Notes Tack-On Offering
Insight
Winston Represents KeHE Distributors, LLC in a $250.0 Million Senior Secured Notes Tack-On Offering
September 27, 2024
Winston represented KeHE Distributors, LLC in connection with a Rule 144A/Reg. S tack-on offering of $250,000,000 aggregate principal amount of 9.000% senior secured notes due 2029 issued by KeHE Distributors, LLC, NextWave Distribution, Inc. and KeHE Finance Corp. Proceeds from the offering were used to partially pay down existing ABL borrowings. KeHE Distributors, LLC is a leading pure-play natural and organic, specialty and fresh products food distributor in North America.
Capital Markets partners Keerthika Subramanian and Justin F. Hoffman led the capital markets team. Other Capital Markets team members included Jacob Tabman, Allan Jeanjaquet, Jeremy Spankowski, Gregory Garcia and Hannah Wilson Miller.
Finance partners Jason Bennett and Aaron Berlin led the finance team with support from associates Christina Wheaton, Charlie Klingenberger and Oyinlola Isiaka.
Tax partner Rachel Ingwer provided tax advice with support from associate Isha McCalla.