Luiza Salata

Associate
Languages: Portuguese, German, Italian
Areas of Practice

Luiza helps her clients navigate a range of domestic and international equity and debt capital markets and securities transactions, with an emphasis on distressed and special situations.

She advises investment funds, financial institutions and issuers in connection with domestic and international public and private debt and equity investments, offerings and liability management transactions, including initial public offerings, Rule 144A/Regulation S offerings, 4(a)(2) private placements, high-yield transactions, and tender, consent solicitation and exchange offers, as well as general corporate and regulatory matters under securities laws and stock exchange regulations.

Prior to joining Ropes & Gray, Luiza practiced in leading U.S. law firms in New York, London and São Paulo. Luiza speaks Portuguese, German and Italian.

Experience

  • Represented a group of existing securitization bondholders in connection with a secured bond refinancing and exchange transaction for Centerline Logistics, dismantling the securitization and replacing with a new multi-tranche secured bond.
  • Represented Davidson Kempner Capital Management and Highbridge Capital Management in a convertible note exchange and purchase transaction with biotech company, Biora Therapeutics Inc., reducing Biora’s debt by 60%, coupled with a maturity extension and the provision of $16.7 million in new capital to Biora.
  • Represented a pharmaceutical diagnostics testing company in connection with an incremental secured note and private placement equity issuance.
  • Represented an ad hoc group of bondholders of Exela Technologies, Inc. with respect to, among other things, an out of court exchange involving approximately $1.0 billion of first lien bond debt, and a subsequent exchange of $1.3 billion of first lien bond debt.
  • Represented an ad hoc group of bondholders of Exela Technologies, Inc. with respect to, among other things, an out of court exchange involving approximately $1.0 billion of first lien bond debt, and a subsequent exchange of $1.3 billion of first lien bond debt.
  • Represented Quotient Limited, a publicly-listed European-based diagnostics company, with respect to, among other things, issuance of senior secured notes.
  • Represented a private equity firm in its investment in an Israeli technology company via a private placement of convertible notes.
  • Represented the purchasing agents in connection with the establishment of Security Benefit Global Funding’s $2 billion funding agreement backed medium-term note (“FABN”) program and the issuance of $500 million 1.250% Notes due 2024 under the FABN program.*
  • Represented the purchasing agents in connection with several updates of Reliance Standard Life Global Funding II’s $4 billion FABN program.*
  • Represented Citadel Limited Partnership in its Rule 144A/Reg S offering of $500 million 4.875% Senior Notes due 2027.*
  • Represented ESH Hospitality, a subsidiary of Extended Stay America, in connection with its issuance of $750 million 4.615% Senior Notes due 2027.*
  • Represented investment banks and issuers in numerous high-yield debt offerings, including issuances for Nostrum Oil & Gas Finance B.V., Europcar, Digital Realty Trust, Atlas Copco AB, N&W Global Vending S.p.A., several Cabot Financial entities and Synthos Finance AB.*

*Experience prior to joining Ropes & Gray

Areas of Practice