Paul Hastings LLP advised BofA Securities, BMO Capital Markets, CIBC Capital Markets, and TD Securities in connection with the offering of $300 million aggregate principal amount of 10.50% senior notes due 2030 by Jones DesLauriers Insurance Management/Navacord, a company controlled by private equity sponsor Madison Dearborn Partners and one of Canada’s fastest growing multi-line insurance brokers.

Marking one of the few high-yield bond offerings to close in Q4 2022, despite the challenges currently facing global markets, this successful offering demonstrates the continued success of Paul Hastings’ cross-border capital market offerings.

The cross-office Paul Hastings team was led by New York partner John Cobb and London partner Max Kirchner, with associates Andro Atlaga, Valmir Merkaj and Max Roberts.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment and real estate, Paul Hastings is a premier law firm providing superior intellectual capital and execution globally to the world’s leading investment banks, asset managers and corporations.